Pilkington to make India a base
New Delhi: British sunglasses and prescription glasses company Pilkington
Special Glass is making India an export base. The company will launch its designer
sunglasses in the country in December 1999.
India
has been selected as a launch pad as the company feels Indians prefer glass lenses to
plastic lenses, says the company's businessline manager, worldwide, Brian J. McDermott.
The Pilkington sunglasses will cost about the same as Ray
Ban glasses. The $3 billion company plans to target a market segment with large disposable
incomes in India.
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Samsonite to up output
Bangalore: Samsonite India, the luggage and accessories maker, is
increasing its output 30 per cent from the present level of half a million units. The
company intends to introdude more products, Ramesh Tainwala, managing director, said.
Mr Taiwala said Samsonite is confident of getting a market
share of 12 per cent in 1999. In the Rs 1,500-plus market, the company has a share of over
65 per cent, he said.
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Sony files contempt case
against Zee
Mumbai: Sony Entertainment Television has filed a contempt petition
against Zee Telefilms and Asia Today for telecasting a Hindi film, Lawaris on 3
October. Sony contends that the Bombay High Court had passed an order restraining Zee from
airing the film.
Sony has a contract with film producer Prakash Mehra for
purchasing the telecast rights of 11 of his films for five years, including Lawaris.
Zee had a similar right to Mr Mehra's films, and the contract is said to have ended in
August 1999.
Zee claims that it did not receive the court's order in
time and that its contract with Mr Mehra had not, in fact, expired.
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MRTPC absolves Jyothy Labs
Mumbai: The Monopolies and Restrictive Trade Practices Commission has
absolved Jyothy Laboratories, maker of Ujala Supreme, of charges of unfair trade
practices.
Reckitt & Colman had filed a case against Jyothy
Laboratories. The chairman of MRTPC, A.N. Divecha, and member M. Mahajan said the
formulation used by Jyothy Laboratories is claimed to be its invention of the formulation
and not of the ingredient, and upheld the claim that Ujala Supreme was a whitening agent
invented by the company. The commission said claiming credit for a formulation did not
amount to misrepresentation of facts.
The commission also wondered why the director general of
investigation and registration was speaking for Reckitt & Colman by saying that Ujala
Supreme was designed to disparage Robin Blue.
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Microsoft foresees more
use of smart cards
Washington: Microsoft foresees widespread use of smart cards based on the
newest and smallest version of the company's Windows operating system. The company intends
to release its Windows Smart Cards Toolkit in November, company officials said. The
toolkit will allow developers to begin shipping Windows-based applications embedded on
credit card-sized devices.
Smart Cards, which include a thumbnail-sized computer chip
that can be encoded with anything from personal photos to bank account information, are
popular in Europe but have failed to catch on in the US.
American Express has released a new smart credit card and
this, Microsfot expects, will encourage Americans to take to the card.
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IBM plans online product sale
New York: IBM said it is folding its consumer-oriented personal computer
business into a broader personal computer operation. In the process, it will cut 500 to
1,000 jobs.
The restructuring and the proposal to sell more products
online instead of through stores are part of IBM's effort to restore profits for its
personal systems group.
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DaimlerChrysler
claims leadership
Frankfurt: DaimlerChrysler is expecting to extend its lead in the global
commercial vehicles market and said it will maintain its lead in spite of the proposed
deal between Sweden's Volvo-Scania and Japan's Mitsubishi Motor.
A DaimlerChrysler spokesman said the group, which
considers itself to be ahead of the Volvo-Scania-Mitsubishi, expects the number of
independent truck companies to be reduced in the near future to 10 worldwide. He said
DaimlerChrysler plans to build its market share this year.
The company claimed that it is leader in the 6-tonne-plus
and 16-tonne-plus segments, producing 250,700 units in these categories, compared to
181,200 of the Volvo-Scania-Mitsubishi combine.
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Nippon Mitsubishi, Cosmo in
talks
Tokyo: Nippon Mitsubishi Oil Corporation, the largest oil refiner and
distributor in Japan, says it is in talks with Cosmo Oil Company, the third largest in the
country, on a tie-up, covering refining.
A Nippon Mitsubishi spokesman said the talks are on and no
final accord has been reached. Any understanding will force other major players such as
Japan Energy, Royal Dutch/Shell's affiliate Showa Shell Sekiyu KK, and Idemitsu Kosan to
come up with schemes in response.
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