Automobiles
Ford may switch to CKDs for Mondeo
Ford India has sold 55 Mondeos nationwide and plans to switch to Completely Knocked Down kits (CKD), from a Completly Built Unit (CBU), if volumes permit.

Slowdown-hit Pricol trims working days
THE dash-board instruments major, Premier Instruments and Controls Ltd (Pricol), has decided to observe block holidays of three to four working days every month till the end of current fiscal to liquidate built-up stocks.

Corporate
Niko keen on 33 pc equity stake in GSPL
GUJARAT State Petronet Ltd (GSPL), currently laying gas transmission lines linking Hazira with various end use points in the State, has decided to include the Calgary-based Niko Resources Ltd, as one of its potential equity holders.

PSU
IBP, Jessop price bids likely by month-end
THE Union Government is expected to invite price bids for IBP Co Ltd and Jessop & Co in the last week of December.

Petrochemicals
Haldia Petro resumes production
AFTER being shut down for a week since December 10, Haldia Petrochemicals Ltd (HPL), has been brought back on stream and has commenced production.

Steel
Vizag Steel bags energy award
THE Visakhapatnam Steel Plant of Rashtriya Ispat Nigam Ltd (RINL) has won the National Energy Conservation Award, 2001.

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