THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Wednesday, January 19, 2000

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Industry

Automobiles
Piaggio Greaves to expand product range
PIAGGIO Greaves Vehicles Ltd (PGVL), the 51:49 equity joint venture between Piaggio of Italy and the Pune-based Greaves Ltd, is planning to expand its product range to include a one-tonne, four-wheel drive vehicle. The company is also expected to manufac ture a range of petrol and diesel engines from the Piaggio stable.

Chemicals
Pesticides makers' body ties up with UK research firm
THE Pesticides Manufacturers & Formulators Association of India (PMFAI) today announced its tie-up with Huntingdon Life Sciences, a UK-based contract research organisation, to form a development alliance.

Miscellaneous
CAs urged to get ready for competition
THE Union Minister for Law, Justice and Company Affairs, Mr. Ram Jethmalani, has urged the domestic accountancy professionals to prepare themselves for the inevitable competition that they may have to face on account of the liberalisation path that the c ountry has chosen to adopt.

Report on reservoir stimulation released
OIL and Natural Gas Corporation Ltd has released a report on reservoir stimulation prepared by the Institute of Oil and Gas production, a press release said.

Mutual Funds
Zurich fund guarded on software stocks
THE close-ended Zurich India Quantum Growth Fund, proposed to be re-named Zurich India Capital Builder Fund and made open-ended, is found to be a rare instance of a MF downplaying software. In its portfolio, exposure to software is just about five per ce nt.


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