M&M HIVING OFF MSL DIVISION

Article Abstract:

Mahindra & Mahindra (M&M) has decided to hive off its ash handling systems unit (MSL wing) into a separate company. It has also decided to cut down its investment in Mahindra Ford India Ltd's equity to Rs135 crore. The company will concentrate more on its future project Scorpio and will launch these new vehicles by 2000 AD. Its automotive wing has sold 9,804 vehicles during first two months of 1998-99 (10,513 vehicles during same period in 1997-98). It has sold 11,980 tractors during the period (12,319 tractors). (gs)

Comment:

Decides to hive off its ash handling systems unit into separate company

Asset sales & divestitures, Materials Handling Equip, Material Handling Equipment Manufacturing, Materials handling equipment, Mahindra and Mahindra Ltd.

---

CONTAINER TARIFFS UP FOR INDIAN EXPORTERS DUE TO SE ASIAN DEMAND

Article Abstract:

Indian exporters are paying higher tariffs for the shipping liners following an increase in demand from the South-East Asian countries and South Korea. The tariffs have been increasing steadily despite a volatility in the Baltic Freight Index. The rise has been due to the efforts of the South-East Asian nations and South Korea to raise their exports to overcome their financial crisis. (ag)

Comment:

India: Exporters are paying higher tariffs for shipping liners following increase in demand from SE Asian countries & S Korea

Marketing procedures, Deep Sea Freight Transportation, Merchant Ships

---

Similar abstracts:

• Abstracts: ON THE WINGS OF A PRAYER - AIR INDIA AIR-INDIA SET TO CLIP ITS OWN WINGS. AIR-INDIA CLOCKS Rs129-CR LOSS IN FIRST HALF
• Abstracts: SUGAR DISTRIBUTION UNDER PDS SUGAR IMPORTS SEND PRICES CRASHING
• Abstracts: INDIAN COFFEE REPORT INDIAN PEPPER REPORT
• Abstracts: B&L SEES 35% RISE IN CONTACT LENS MARKET MONTARI MAY SELL BAUSCH & LOMB STAKE TO STAY AFLOAT. P&U PLANS $8.8-M LENS PLANT NEAR BANGALORE
• Abstracts: BPL's TELECOM GROUP DIALS SLRP FOR GROWTH. GES TO REPLACE CHANRAIS' STAKE

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.