Friday, April 23, 1999
Political turmoil trips MRL's plans
Madras Refineries Ltd's ambitious diversification plan into the power sector by setting up a joint venture project of 300 mw based on residual fuel oil seems to have tripped owing to political uncertainties facing the country.
RIL profit up to Rs 1704 cr, pays 37.5%
Corporate major Reliance Industries Ltd (RIL) has announced a modest 3% rise in its net profit to Rs 1,704 crore for the fiscal ended March 1999 as compared to Rs 1,653 crore recorded in the previous fiscal.
BCG revamp plan for Wimco, Godavari
Business Consulting Group (BCG), which has completed ten years of operations, has been given the mandate to prepare the restructuring strategy for Wimco and Godavari Fertilisers.
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