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Tuesday, July 27, 1999

HLL net profit up 25 pc in Q2
The net profit of fast moving consumer goods (FMCG) major Hindustan Lever Ltd (HLL) has increased by 24.9 per cent in the second quarter of 1999 to Rs 226.79 crore.

FIPB okays first pvt railway project by UK-based firm
The Foreign Investment Promotion Board (FIPB) on Monday gave green signal to UK-based Great Indian Railway Co to operate the first private luxury train service in the country.

Hedge volte face on retaining steel floor prices
Just a few months after he rejected the steel ministry's demand to retain a floor price on steel imports, Commerce Minister Ramakrishna Hegde has made a complete volte face.


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  Satyam's 2-stage ADR plan
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  Venkateshan is new Cummins India chief
  Ranade, Patil, Chitale bag entrepreneurship awards
  Hoganas declares 40 per cent dividend
  Govt to grant export recognition awards



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