Ford India plans new imported model in luxury car segment
Ford India is planning to enter the luxury car segment by introducing a new model in the price range of Rs 7 lakh to Rs 9 lakh. The new model may be imported as a completely built unit (CBU) after April 2001, when the quantitative restrictions (QRs) will be removed.

Berger Paints goes on buying spree, eyeing acquisitions in Saarc nations
Berger Paints Ltd, is on an acquisition spree.Fresh from acquiring Jenson and Nicholson (Nepal) Pvt Ltd, which was a wholly-owned subsidiary of Jenson and Nicholson (India) Ltd, Berger Paints is now on the lookout for acquisitions in other Saarc countries and elsewhere.

Stone India's venture with US firm is on the rocks
Railway parts maker Stone India's proposed 74:26 joint venture with Westinghouse Air Brakes Co of the US appears to have fallen through. The GP Goenka engineering outfit is yet to close the deal even nine to 10 months after talks started.


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