IOC, Nepal Oil sign supply agreements
Indian Oil has signed two separate agreements with Nepal Oil Corporation for the supply of petroleum products and for sharing technical expertise.The agreements were part of a bilateral cooperation arrangement between the two governments.The agreement also includes a provision for the two companies to enter into a possible joint venture in the near future.Binani Metals net falls 38 per centBinani Metals Ltd (BML) has posted a fall of 38.24 per cent in net profit at Rs. 21 lakh for the year ended March 31, 2000, on a net sales of Rs. 105.02 crore, up 15.24 per cent over the previous year.The net profit has come down from Rs 34 lakh to Rs 21 lakh. TNT launches new serviceTNT India has launched `economy express', a cost effective, time-bound, door to door service in India as part of TNT's global launch. TNT will not only undertake all the requisite customs and clearance formalities at airports, but will also process insurance formalities should a customer so require.Salora ties up with SRS LabsSalora International on Thursday announced a tie up with US firm SRS Labs Inc for innovative audio and video technology solutions.The US partner's technology will help Salora improve sound performance of our televisions.The company's SC2151, SC2142 (21 inch), SC2511 (25 inch)and SC2907 (29 inch) television models will come equipped with the SRS technology, he said. Choice Hospitality offers freebies
Choice Hospitality is offering free trips and hotels stays to be won by its business travellers who stay at any of the Choice property in India. The offer is valid from July 1, 2000 to September 30, 2000.
Tatra Udyog launches coal carrier
Czech truck maker Tatra Udyog Limited (TUL) has announced the launch of a new heavy commercial vehicle, Tatra-Ind Coal Carrier which is priced at around Rs 38 lakh.This is the third variant to be launched by Tatra since it began production two years ago from its plant in Karnataka.
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