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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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domain - B : Indian business : News Review : 3 June 2002 : companies