CORPORATE
ACCIDENTS
IOC may resume operations at Rajbandh tomorrow
INDIAN Oil Corporation (IOC) proposes to resume normal operations at its Rajbandh depot from Monday, according to a spokesman for the company. "The fire has been fully contained and there appears to be no risk in starting the operations," the ...
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ANNOUNCEMENTS
BPCL plans 10 recreational fuel outlets
OIL retailing major Bharat Petroleum Corporation Ltd has announced plans to open 10 recreational highway fuel outlets, which would offer customers facilities such as a shopping complex and a swimming pool. "The company aims to open 10 ...
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Madras Fert to market insurance products
INSPIRED by its competitors, Madras Fertilizers Ltd (MFL) is going to market life insurance and non-life insurance products. According to the Managing Director, Mr Sukumar N. Oommen, the company has entered into an agreement with ING Vysya to ...
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PREFERENTIAL ALLOTMENTS
Rajasthan Spg mulls pref. issue
SICK UNITS
Danish firm keen to revive operations — BIFR stays banks' move to wind up Pennar Profiles
WITH a Danish major coming forward to revive the operations of the ailing Pennar Profiles Ltd (PPL), the Board for Industrial and Financial Reconstruction (BIFR) has directed the financial institutions (FIs) and banks to keep in abeyance the ...
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Power cut on Mardia units
OUTLOOK
Tata Motors positive on Rs 1 lakh car plan
TATA Motors was positive on its plan to launch a car with a price tag of Rs 1 lakh. However, a final shape of the project would emerge only after eliciting the views and ideas of vendors and partners, said Mr R. Gopalakrishnan, Executive ...
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S. Kumars' Reid & Taylor brand may post Rs 170-cr sales
S. KUMARS Nationwide Ltd's brand Reid & Taylor, which has also become a ready-to-wear brand, is expected to turn in sales of Rs 170 crore this year against Rs 160 crore posted for the year ended September 31, 2003. According to the Managing ...
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PERFORMANCE
`Madras Fert networth hit by urea pricing policy'
THE net worth of Madras Fertilizers Ltd (MFL) is fully eroded with accumulated losses mounting to Rs 206 crore against a net worth of Rs 175 crore. According to its Chairman and Managing Director, Mr Sukumar N. Oommen, the main cause for the ...
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