Buy and Sell for Free! Thursday, May 4, 2000
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Briefing 

 
Varun Shipping net rises to Rs 8.94 cr
Varun Shipping has posted a net profit of Rs 8.94 crore for the year ended March 31, 2000 as against Rs 7.50 crore for the previous year. The total income rose to Rs 184.76 crore from Rs 182.86 crore for the same period.

Shree Rama Multi-Tech net up
Shree Rama Multi-Tech Ltd has recorded a net profit of Rs 21.42 crore for the six-month period ended March 31, 2000 as against Rs 17.67 crore for the corresponding period in the previous year.

Mannesman Sachs to exit
German auto component maker Mannesman Sachs said it is exiting from its local joint venture Sachs India Ltd following its global restructuring.Sachs will sell its entire 57 per cent shareholding to promoter Ashish Dasgupta, who would also be the MD of Sachs India.

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