Thursday, August 13, 1998
India clinches major IT deal
The Industry Ministry has managed to swing a crucial infotech project in India's favour. And if all goes as planned, Indian infotech industry would soon find itself wallowing in a $ 1-billion software and training business across 150 countries.
PAL, Peugeot to resume talks
After a two-year long spat, Premier Automobiles Ltd and French auto maker Automobile Peugeot have decided to resume their negotiations from September onwards on the revival of their jinxed joint venture -- PAL-Peugeot Ltd. The talks would concentrate mainly on how to retire outstandings of the company to its various debtors.
Coke to set up bottling plant in Delhi
In a major attempt to push sales in the northern region, Coke has planned a multi-pronged initiative which involves buying the `territorial rights' to the two bottling plants owned by Ramesh Chauhan in Delhi as well as to set up a new greenfield plant to bottle 10 million cases in Ghaziabad district in Uttar Pradesh.
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