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Highlights

COMPANIES

  • Reliance to take stake in Raymond Synthetics
  • Zee splits stock, to pay $148 m to Star
  • Pfizer’s subsidiary proposal opposed
  • HLL buys Coco Care
  • MTNL profits overstated: CAG
  • Two years to go for ModiLuft to break even
  • Praxair to takeover Pune Oxygen, Asiatic Industrial
  • Tisco plans issue
  • Yahoo!, in Chinese
  • Workers in DaimlerChrysler want a share in the profit
  • JV by NEC, Mitsubishi
  • GNFC profits up
  • Champagne Indage in venture with Wente
  • Oriental Power Cables to be taken over by Imofin
  • Indian Oil Tanking to issue rights
  • Veba, Viag merger is now formal
  • New security system from IBM

GENERAL

  • Gold shoots up
  • India gets a pat on its back
  • Vysya may name ING as partner
  • Cellular operators may go to court
  • FIs want JK not to hive off cement division
  • RBI V-sat network by 2000
  • STCI, DFHI profits down

CAPITAL MARKET

  • Harshad brings the markets down for once

PEOPLE

 

 

 

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domain - B : Indian business : News Review : 28 September 1999 : index