JK PAPER STORMS PAPERLESS WORLD WITH `FINESSE'
Article Abstract:
JK Paper, a division of JK Corp, has forayed into sales of branded business paper. It plans to host a website and advertise its home delivery services. It is making branded paper for laser and inkjet printers. It sells small package of 100 sheets brand named Finesse. The product was launched in November 1998. It was selling its JK laser bond paper in 500 sheets package. It plans to stock its branded paper in stationery stores, bookshops, gift and card shops and computer peripheral vendors. The branded paper accounts for 12-15 percent of the total portfolio of the division. (rk)(m)
Comment:
JK Paper, a division of JK Corp, has forayed into sales of branded business paper.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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PATELS TO HIKE STAKE IN ROHIT PULP TO 61%
Article Abstract:
The Patels are the promoters of Rohit Pulp & Mills (RPM). RPM is a paper mill. The Patels are raising their stake in RPM to 61 percent from 43 percent. They intend to buy 11.36 lakh more shares of RPM at Rs22 each. The market price of the RPM share is Rs16. Consequently, the promoters' investment in RPM will be Rs2.62 crore. The promoters' move will enable RPM to mobilise funds for its modernisation plans and also to meet its working capital needs. Now, RPM has a production capacity of 29,500 tonnes per annum at its facility in Gujarat. (ag)
Comment:
Patels are raising their stake in Indian paper mill company to 61% from 43%
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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