COMMODITIES FIND NO PLACE IN NEW LEAGUE OF BUSINESS HOUSES
Article Abstract:
Hindustan Lever Ltd has emerged at the top of the corporate hierarchy with a market capitalisation of Rs32,320 crore. Its market capitalisation will increase to about Rs36,000 crore after the merger of Pond's with it. The Tata group has a market capitalisation of Rs19,809 crore while the BK Birla group has seen its market cap fall by 89 percent in the last four years. The Wadia group has seen its market cap fall by 80 percent. The capital appreciation of Infosys Technologies has been over 200 times since March 1994. (khr)
Comment:
Emerges at top of corporate hierarchy with market capitalization of Rs32,320 crore
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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P&G (I) OFFERS VRS TO 1,100 EMPLOYEES
Article Abstract:
Procter & Gamble (P&G) is offering a voluntary retirement scheme (VRS) to the employees of P&G India, P&G Home Products and P&G Distribution, three of its Indian companies. The employees who take up the scheme will be allowed stock appreciation rights for 100 shares. The scheme calculates the amount payable by considering the gross salary currently received by the employee. The VRS which is open only till August 20, 1998 covers more than 1,100 employees. (ag)
Comment:
Is offering voluntary retirement scheme to employees of P&G India, P&G Home Products & P&G Distribution, 3 of its Indian cos
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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KSDL LAUNCHES NEW PRODUCTS
Article Abstract:
The Karnataka Soaps and Detergents Limited (KSDL) has introduced 3 new items in India. It has launched a super premium soap, the Mysore Sandal Gold. It costs Rs50 for a 125 gram cake. It has launched the Freshmate, an air freshener. It has introduced Mysore Baby Powder. It costs Rs33 for a 100 gram cake. (gs)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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