Haryana
signs MoUs with BHEL, NTPC
Chandigarh: Haryana
has signed three memorandums of understanding (two with BHEL and
one with NTPC) to construct thermal power plants in the state.
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Maa
Fruits rolls out high-pulp drink
Salem: Maa Fruits India has launched its range of fruit
drinks under the brand Maa with high-pulp content. Available in
three flavours, mango, pineapple and pink guava, the drinks will
be distributed in 200 ml tetrapacks at Rs 10 per pack.
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PSUs
fail to reveal details of dues
New Delhi: As
many as 27 public sector units are fighting shy of submitting
details of dues owed to employees to a ministerial panel, even
after the government has expressed its willingness to assist them
in settling the dues.
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Telco
expected to turn around as sales soar
Mumbai: Tata
Engineering is all set for a turnaround on the backing of an
improvement in its sales volume and an overall improvement in
efficiency, reports say.
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Mexican
Cemex sets eyes on Mehta group
Mumbai: The
Mexican cement giant Cemex has set its eyes on the three million-tonne
cement capacity of the Mehta group in the light of the cement
sector, the only infrastructure industry, making profits the
fiscal that just ended.
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LML
to restructure debt, trim workforce
Kanpur: LML Ltd, Indias third largest scooter-maker, is
planning to recast debt and restructure its workforce as part of a
turnaround plan, its managing director Deepak Singhania said.
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Widia
seeks FIPB nod for buyout by Swiss parent
Mumbai: Widia (India) Ltd will apply to the Foreign
Investment Promotion Board within the next few weeks seeking
permission for the companys foreign promoters, Meturit AG, to
buy out the Indian partners in the company.
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Ranbaxy
in talks for BPH molecule
Mumbai: Ranbaxy Laboratories is in talks with three
overseas companies to license its benign prostrate hyperplasia (BPH)
molecule, namely Parvosin, for further drug development. The BPH
molecule is currently in phase II of clinical trials.
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Tulip
clears dues of Juhu Centaur to govt
New Delhi: The disinvestment of the Hotel Juhu Centaur in
Mumbai has finally concluded with the government receiving Rs
140.07 crore from Tulip Hospitality Service Ltd as final payment
for picking up a stake in the hotel.
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HPF
to submit revival package to ICICI soon
New Delhi: Hindustan Photo Films Manufacturing Company Ltd
and its promoter, the union government, have been directed by the
Board for Industrial and Financial Reconstruction to submit a
fully tied-up rehabilitation proposal to ICICI by 30 June 2002.
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