Ceat to have a relook at proposed Rs 400-crore Dharwad tyre facility
Ceat Ltd is having a relook at its proposed tyre plant at Dharwad in Karnataka. According to Ceat managing irector S Samuel, ``we are still undecided on the issue." The co was planning to invest Rs 400 crore in the proposed project.

Marico slashes Parachute prices further
Falling raw material prices have led Marico Industries to undertake an 18% reduction in the price of its lagship rand "Parachute". The maximum retail price of Parachute coconut oil now comes down from Rs 26 for 200 ml to Rs 22.

Net profits of 255 companies spurt 24.2% in the second quarter
The aggregate net profit of 255 companies, which declared their second quarterly results during last week, ncreased by 24.2% during July-September 2000.


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