Lyka Labs board clears plan to issue 30 lakh shares via preferential float
The board of Lyka Laboratories has cleared plans to issue up to 30 lakh equity shares on a preferential basis to financial institutions, foreign institutional investors, mutual funds and promoters.

UK's Ocean and NFC merge to form giant
British logistics company Ocean Group Plc said on Monday it had agreed to merge with rival NFC Plc to form a global sector leader worth 2.75 billion pounds ($4.4 billion).

LG targets $125m exports by 2005
LG Electronics India Ltd (LGEIL) has set a target to export $125 million worth of consumer electronics items by 2005 to South and Southeast Asia, West Asia and Belgium.


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