Financial Daily from THE HINDU group of publications
Saturday, Aug 10, 2002
Financial Daily from THE HINDU group of publications Saturday, Aug 10, 2002 |
|
|
|
|
|
Corporate
-
Alliances & Joint Ventures Bhushan group, IOC sign long-term pact Our Bureau
NEW DELHI, Aug. 9 INDIAN Oil Corporation (IOC) on Friday signed a long-term agreement with the Bhushan Group of Industries to supply 100 per cent of its requirements of petroleum products. The agreement for complete supply of petroleum product requirements was signed here between IOC's Executive Director (Lubes), Mr P.S. Ahluwalia, and Bhushan Group's Deputy General Manager (Materials), Mr K. Saxena, in the presence of IOC's Executive Director (Northern region), Mr V.K. Chaudhri, and the Managing Director of Bhushan Group, Mr Neeraj Singhal, according to an IOC press release. Bhushan Group, a relatively young conglomerate, has a turnover of Rs 2,500 crore. Engaged mainly in the manufacture of cold-rolled steel sheets, pipes, strips, tubes and cable tapes, the group has seven manufacturing plants in the country. Among its prominent customers are Ashok Leyland, Maruti, Telco, Ford, Hyundai and Bajaj.
Send this article to Friends by E-Mail
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |
Copyright © 2002, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|