Tata Industries net dips 33% to Rs 4.3 Cr 
Mumbai: Tata Industries net profit has fallen to Rs 4.3 crore for the year ended March 31, 2002, which is a dramatic dip of 32.8 per cent, from Rs 6.4 crore in the previous fiscal. 
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Himalaya Drug set to target Osteoporosis segment 
Bangalore: The Rs 250-crore Himalaya Drug Company is all set to tap the more than Rs 450 crore menopause-osteoporosis segment of the womens healthcare market with single therapy herbal formulations. 
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Unitech plans to launch Rs 200-cr residential complex in Gurgaon 
New Delhi: Real estate developer Unitech Ltd is launching a Rs 200 crore luxury residential complex in the outskirts of Delhi in Gurgaon. The company has also revived its premium residential project Vista Villa in Gurgaon, which had earlier been on hold. 
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BPCL taps shareholders to enter consumer goods sales 
New Delhi: Bharat Petroleum Corp Ltd, having already launched a chain of consumer- goods stores at its petrol pumps, is seeking the approval of its shareholders for entering the business of selling consumer goods and meeting family needs. 
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SRL Ranbaxy bags CAP accreditation 
Mumbai: SRL Ranbaxy, a venture floated by the promoters of Ranbaxy Laboratories, has become the first pathology laboratory in India to have received the prestigeous accreditation from the College of American Pathologists. 
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Spat over spot rates: Sony & LG cant SET it right
Mumbai: The spat over spot rates between the official cricket channel SET Max and LG, the global sponsor of Champions Trophy and the World Cup is turning into a battle royale with neither side showing any sign of relenting.
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Hafed talks to Dabur, Hamdard for Isabgol
New Delhi: Haryana State Cooperative Supply & Marketing Federation is negotiating with Daburs and Hamdard Pharmaceuticals to take up corporate farming of Isabgol in Mewat near Gurgaon.
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CDC, Credit Lyonnais buy into Jyothy Labs
Mumbai: In one of the largest private equity investments in the recent past, private equity firms CDC and Credit Lyonnais Securities Asia, have together picked up a minority stake in Mumbai-based fast moving consumer goods company Jyothy Laboratories for close to Rs 100 crore. 
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Mukta in movie exhibition foray
Mumbai: Mukta Arts has struck a deal with Competent Films, propreitor of the new '3C' cinema theatre in New Delhi's Lajpat Nagar, to lease the movie complex for exhibiting Hindi Bollywood and English movies.
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Reliance open offer for IPCL oversubscribed
Mumbai: The open offer made by Reliance Industries' for acquiring up to 20 per cent in Indian Petrochemicals Corporation has been over-subscribed by almost 100 per cent.
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HM to revamp its marketing operations
Kolkata: C K Birlas Hindustan Motors is reshaping its entire marketing structure. Or rather, it is pulling down divisions between marketing functions of its various products.
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Tata Nova brand to be phased out
Mumbai: The Tata Group has put Tata Nova, the Internet service offering from Tata Internet Services, on the phase-out mode. It has ceased pushing new retail sales across markets pending a clearer picture on the expected restructuring and consolidation of the groups Internet businesses.
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Zuari opts out of race for EIL
New Delhi: K K Birla Groups flagship, Zuari Industries is opting out from the bidding fray for 51 per cent stake in the engineering and consultancy PSU, Engineers India, sources said.
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Enfield targets US, UK exports
Chandigarh: Having attained the distinction of exporting motorcycles to Ja-pan,Royal Enfield, a unit of Eicher Ltd and part of Rs 1,300 crore Eicher Group is now gearing to step up exports to 8-10 per cent of the turnover during the current fiscal as against 7 per cent during 2001-02.
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Telco plans to launch top-end variant of Safari
Mumbai: Telco, the country's largest truck maker, is trying the premium route to expand its market share and take on competition in the utility vehicle segment.
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Videocon to make fridges at Salt Lake factory
Bangalore: Videocon International Ltd yesterday plans to invest Rs 80 crore to augment facilities at its existing manufacturing unit at the Salt Lake Electronics Complex here. T
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Matrix plans to come out with pref allotment
Matrix Laboratories Ltd (MLL), the city-based pharmaceutical company, is planning to raise funds required to expand its manufacturing and research & development facilities. 
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Payment default: Madras HC fiat to wind up textile mill
Chennai: The Madras High Court has ordered the winding up of the Pollachi-based Sri Muthukumaran Cotton Mills for alleged default to pay the dues to a cotton supplier. 
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CAG sets up board to draft accounting norms
New Delhi: A Government Accounting Standards Advisory Board (GASAB) for the Union and States has been established by the Comptroller and Auditor General (C&AG) of India. The main responsibility of GASAB is to formulate and propose standards that improve transparency and the usefulness of financial reports based on the needs of the financial report users and to keep updating them, Mr V.N. Kaul, CAG of India, said. 
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Imangin Clothing aims at Rs 9-cr turnover
New Delhi: Imangin Clothing and Design, a Delhi-based company marketing affordable designer womenswear under the brand name One Clothing, expects to close the next fiscal on a sales turnover of Rs 9 crore. 
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Tata Engg sees CV sales growth slowing
Bangalore: Tata Engineering and Locomotive Company Ltd expects its commercial vehicles business to grow slower in the second half of the current financial year compared to the corresponding period a year ago. 
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RPG Cellular targets 2 lakh subscribers
Chennai: RPG Cellular, the cellular service provider in Chennai, which has been rated the top service provider in the metros is now planning to upgrade its services and increase its base by another 50,000 by March 2003. 
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AP awards sugar coops to Krebs, Madhucon
Hyderabad: Madhucon Projects Ltd and Krebs Biochemicals Ltd have won the bid for the purchase of the Palair Co-operative Sugars Ltd and Sri Venkateswara Co-operative Sugar Factory respectively. 
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Tatas launch two microsites
The Tata Group has launched two microsites, www.tatamastercraft.com and www.tatatkk.com, that showcase the strides Indias best-known business conglomerate is taking on the path to technological innovation
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