Monday, September 20, 1999
UTI's software sector fund fares well
The software fund from the Unit Trust of India's Growth Sector Funds has seen its net asset value jump by 37.4 per cent in a short span of 3 months.
Escorts to dilute 25% stake
Escorts Yamaha Motorcycles, a 50:50 joint venture between Escorts group and Yamaha Motor Corporation of Japan, will dilute 25 per cent stake through induction of fresh equity in the current fiscal, a top company official has said.
Daewoo's bailout plan yet to get FI's support
Daewoo Group asked its foreign creditors to freeze its debt payments, but the conglomerate hasn't yet won their support.
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