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Thursday, April 8, 1999

MICO to invest Rs 250 crore
Motor Industries Company, the Indian unit of Germany's Robert Bosch GmbH, plans to invest Rs 250 crore in a new unit being set up in Rajasthan.

Suzuki buys GM stake; Mazda
Japan's Suzuki Motor Corp said today it had spent 4.5 billion yen for buying a small 0.07% stake in US auto giant General Motors Corp to boost their partnership.

SocGen, Paribas reject BNP bid
In back-to-back board meetings that ended late Tuesday night, both Societe Generale and Paribas's boards described as "hostile" BNP's all-share $37 billion attempt to take over both banks.



  Exports growth far below target
  Expert cautions on sectoral funds
  Bankers take up revamp plan with Kelkar
  LIC sits on Rs 20,000 cr lapsed policies
  Sterlite acquires Australian mine
  Crisil rates three teak firms as risky
  WorldTel may invest 6 states
  Hindujas richest Asians in UK, Mittal second
  Bizbits
  Car import norms to be strengthened
  Sensex gains 17 points
  Panel upholds Sebi order on SCL
  Project exports rise, new markets tapped
  DGFT issues licences
  Siemens to implement SAP at Sudarshan Chemicals



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