Finance company MD gets jail
New Delhi: Hoffland Finance managing director Brij Bhushan Sharma, who has been charged with cheating investors of Rs six crore, has been awarded a cumulative sentence of 24 years imprisonment in separate cases by the Company Law Board.

The CLB said in its order of 30 August that Mr Sharma had failed to pay the investors within the time prescribed "without any reasonable cause" and therefore was being sentenced to imprisonment for one year in each of the case.

Mr Sharma is under judicial custody for the last one year.
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Award for Narayana Murthy
New Delhi: Infosys Technologies chairman N.R. Narayana Murthy has been presented with the Electronics Man of the Year award by the Electronic Component Industry Association, or Elcina, for his outstanding contribution in elevating the Indian electronics industry in the global circuit.

Tata Infotech bagged the association's award for exports. Usha India won the second price in this category.
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Onkar Gupta is director Lurgi India
Mumbai: Onkar Gupta has joined the board of directors of Lurgi India Company, a 100 per cent subsidiary of Lurgi of Germany as director (operations). Mr Gupta will be responsible for the execution of various projects of Lurgi India.
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