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Sterlite flirts with demerger…once again

(Mar 23, 2000)

Sterlite Industries Limited (SIL) has once again decided to reconsider the proposal to split its businesses into two companies – telecommunications and non-ferrous metals.

Hindustan Motors to tie-up with SIFY for customised cars

(Feb 11, 2000)

In a path-breaking move in the auto industry, Hindustan Motors has tied up with Satyam Infoway (SIFY) to develop a website for selling customised versions of its Mitsubishi Lancer cars and spare parts in the country.

Hindustan Motors sinks deeper into the red

(Jan 27, 2000)

Hindustan Motors has posted loss of Rs 117.3 m. This is despite a sales appreciation of 8.2% to Rs 3.0 bn.

Hind. Motors' losses mount

(Oct 29, 1999)

Hind. Motors has posted a loss of Rs 227 m in 2QFY2000. This is despite a 24.8% rise in sales.

HM rejuvenates product line up

(Sep 9, 1999)

Hindustan Motors (HM) will assemble Proton (Malaysia) cars in the country. It is also likely to enter into a strategic alliance with Japanese auto giant Mitsubishi for marketing its Pajero, utility vehicle (UV), in the country. This was reported by leading Indian business dailies.

Honda SIEL' s performance revs up

(Sep 9, 1999)

Passenger car major, Honda SIEL, registered a 12% growth in passenger car sales, according to news reports.

Maruti dreams of Rs 100 bn sales by FY01

(Aug 21, 1999)

India's largest car manufacturer, Maruti Udyog Ltd. (MUL), aspires to achieve sales of Rs 100 bn by FY01. For this, the company has to function at a production level of 500,000 cars p.a.

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