PVT PLACEMENTS MAY NOT FUEL ACTIVITY THIS TIME
Article Abstract:
Private placements are not expected to boost industrial activity during 1998-99. Issues including debt issues from public utilities, electricity boards, state-owned companies and institutional offerings have not performed well during April-June 1998. The poor performance of the issues have caused anxiety in the market as at least 20 issues are expected to hit the markets during the next few months. Some of the forthcoming issues are that of Gas Authority of India Ltd (Rs500 crore), Hindustan Petroleum Corporation (Rs600 crore) and Mahanagar Telephone Nigam Ltd (Rs730 crore). The foreign institutional investors have stayed away from the market despite the hardening of the interest rates. (ag)
Comment:
India: Private placements are not expected to boost industrial activity during 1998-99
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
FUEL-SAVING DEVICE FOR AUTOMOBILES LAUNCHED
Article Abstract:
Fuel Max, a fuel saving device for automobiles, has been introduced in India. The product, which has been developed by Dr Robert E Kane of the US, saves 35 percent fuel consumption in automobiles and can be installed even by those without any technical knowledge. Fuel Max does not need any energy or electrical hook-ups or maintenance. The product enables high pick up, boosts engine performance, prevents over-heating, reduces pollution and extends the life of spark plugs. (ag)
Comment:
India: Begins marketing of fuel saving device for automobiles
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
SURVEY PAINTS A GRIM PICTURE FOR Q3 PRODUCTION
Article Abstract:
A survey by the National Council for Applied Economic Research (NCAER) has forecast dismal growth in industrial production for the third quarter of 1998-99. This is due to slowdown in the industrial sector and decline in capital goods growth. According to the survey, industrial growth is expected to decline to 5.2 percent and exports to 1.2 percent during 1998-99 due to global recession and higher domestic prices. (rk)
Comment:
A survey by the National Council for Applied Economic Research (NCAER) has forecast dismal growth in industrial production for the third quarter of 1998-99.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: INPUT COSTS FOR CEMENT MANUFACTURING RISE SUBSTANTIALLY BY Rs11 PER BAG CEMENT Cos SET TO RIDE BOOM
- Abstracts: CITIBANK LAUNCHES ONLINE BANKING IN BANGALORE. UDIL NOT TO VENTURE INTO IMFL PRODUCTION. A TEQUILA SUNRISE FOR BANGALORE
- Abstracts: RINL PLANNING EXPORT OF FURNACE SLAG LAFARGE IN PACT WITH TATA STEEL FOR SLAG SUPPLY. RINL ANCILLARIES DO WELL
- Abstracts: ALL NET SLUMPS 85% SALES TOO NOSE DIVE MINT TRIAL PRODUCTION SET TO BEGIN ALL GEARS UP TO BEAT SLUMP, EXPAND INFRASTRUCTURE
- Abstracts: CAREW PHARMA FACES LIQUIDITY CRISIS ZANDU PHARMA IN REVAMP MODE. GLAXO RETRACTS RANITIDINE CASE