Corporate
Shasun Chem, Eastman Fine tie up for formulations
SHASUN Chemicals and Drugs Ltd, manufacturer of bulk drugs and their intermediates, is all set to enter the formulations segment with its recent tie-up with the US-based Eastman Chemical Company.
BHEL's Haridwar unit turnover at Rs 947 cr
THE Haridwar unit of Bharat Heavy Electricals Ltd (BHEL) has registered a turnover of Rs. 947 crores and a profit in excess of Rs. 100 crores for the financial year 1999-2000, according to an official release. The Haridwar unit received orders worth Rs.
1,000 crores during the year.
Japanese team for PTA plant inaugural
A LARGE number of senior executives of Japanese companies are expected to be here for the formal inauguration of the PTA plant of Mitsubishi Chemicals Corporation (MCC) at Haldia on April 11.
TCC's synthetic rutile process finds no takers
COMMERCIALISATION of an environment-friendly indigenously developed process to convert ilmenite into value added synthetic rutile has yet to catch the attention of the State authorities even though its worth was proved through trials at a pilot plant at
Travancore Cochin Chemicals Ltd (TCC) two years ago.
Notice for wind-up of Indian Nitro issued
THE Board for Industrial and Financial Reconstruction (BIFR) has issued notice under Section 20(1) of SICA, 1985 and BIFR Regulations, 1987 for proposed winding up of Indian Nitro Matrix Ltd.
BIFR rejects reference made by India Rubber
THE Board for Industrial and Financial Reconstruction (BIFR) has rejected the reference made by India Rubber Ltd (IRL) as non-maintainable.
Pentasoft to pay 50%, net at Rs.82.98 cr.
THE board of Pentasoft Technologies Ltd (formerly Pentafour Communications Ltd) has recommended a dividend of 50 per cent for the year ended March 31, 2000.
PSU
Steps on for sell-off in BHPV
DECKS are being cleared for disinvestment of up to 74 per cent stake in the State-owned Visakhapatnam-based Bharat Heavy Plates and Vessels Ltd (BHPV), India's premier manufacturer of heavy process plant equipment.
Stocks
`Software cos cannot prosper in isolation'
WHILE the meltdown in the Indian stock markets on Tuesday has left many investors bleeding, market operators in Coimbatore were at pains to discount the potential of US securities market to cause any long-term impact on the Indian market.
