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Issue dated - 18th July 2002

Home > Corporate Update

Corporate Update
Selling pressure pulls Sensex down
The market witnessed across-the-board selling pressure.

GTN Textiles begins Rs 40-cr technology upgradation
In a bid to remain a strong player in the medium, fine and super fine segment of the global market, GTN Textiles has embarked upon a Rs 40 crore programme to upgrade its technology.

Birla VXL to cut 400 jobs
Birla VXL, the worsted woollen and wool-blended fabrics producer from the S K Birla stable, has decided to reduce its staff strength by 400 within the next three months, company president, Mr R S Singhvi said.

 


This Week
EDIT
Dhirubhai, the Dream Merchant
Even as the life of titan Dhirubahi Ambani came to a halt on July 6, his $ 12.5 billion worth empire which he built literally from scratch is expected to continue without much stumbling.


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