No boarding pass for pickles
New Delhi: The plane ride is all set to change with new Indian aviation security rules banning pickles, powders, toys and even knitting needles inside the airline cabin.
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DoT to give ILD okay to BSNL, MTNL
New Delhi: DoT is preparing to hammer the last nail in VSNL's coffin by planning to grant BSNL and MTNL licences to operate ILD services. 
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KoPT woos JNPT traffic with cheaper handling rates 
Kolkata: The Kolkata Port Trust aims to reduce its container handling charges again to attract vessels that are facing congestion at Jawaharlal Nehru Port Trust in Mumbai. 
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Govt mulls consultant for revamping A-I, IA 
New Delhi: In a major revamp exercise of the state-owned Indian Airlines and Air- India, the government has decided to appoint an airline consultant to prepare a 15-year business plan for both the carriers and improve their performance. 
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FACT takes the VRS route ro skirt layoffs 
Kochi: The ailing public sector fertiliser company, Fertilisers and Chemicals Travancore Ltd, has proposed a Voluntary Retirement Scheme for its employees. 
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HMT arms selloff hangs fire as IMG fails to meet in time 
Bangalore: Roadblocks to big-ticket PSU disinvestments seem not confined to oil sector. Disinvestments in four subsidiaries of HMT are also struck, albeit for different reasons. 
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Alstom merger with Alstom Power on cards 
Kolkata: The management of Alstom Ltd is considering a merger with Alstom Power India Ltd to project one face to customers. However, the management is yet to set a deadline for the merger. 
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Becton Dickinson launches Uniject 
Hyderabad: Becton Dickinson, engaged in medical devices manufacturing and suppliers of laboratory equipment and diagnostic products, has for the first time introduced Uniject - a prefilled single-use injection device in Hyderabad on Tuesday. 
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ALL diversifies into software, fleet management
Chennai: The Hinduja Group flagship Ashok Leyland is looking at life beyond manufacturing commercial vehicles. The company is planning a foray into software business.
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HCC bags two NPCL projects, looks overseas
New Delhi: The Rs 600-crore Hindustan Construction Co (HCC) has won some major projects in the domestic market. The company has in hand projects worth an estimated Rs 3,000 crore.
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TVS plans common parts for variants for easy upgrade
Mumbai: After the success of the Victor, TVS Motor is planning to move to a new product development strategy that would ensure greater commonality of parts while offering more flexibility for new variants. 
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Metropolis Lab plans overseas, local expansion
Mumbai: Mumbai-based Metropolis Laboratories, a referral diagnostic laboratory, has earmarked over Rs 25 crore for an expansion drive.
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Nicholas Piramal completes ICI's integration with itself
Mumbai: Barely five months after it completed the acquisition of multinational ICI India's pharmaceutical division, industrialist Ajay Piramal-promoted drugmaker Nicholas Piramal India (NPIL) says it has completed the integration of that business with itself. 
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India set to become Honda's 2-wheeler production hub
Bangalore: As part of a global strategy, Japanese auto major Honda Motor is looking to integrate the worlds largest two-wheeler markets India and China nto its product exchange programme. 
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Mascot says no immediate plan for China
Mumbai: Mascot systems has announced that its Chinese engagement is a long-term initiative and there are no immediate plans to set up a global development centre in China to service General Electric, its biggest client. 
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Salem Steel bags order for `railmart'
Chennai: The Salem Steel Plant (SSP) has got the order from the Integral Coach Factory (ICF) to undertake the fabrication of the `railmart' and `sub-pantries' in the Jan Shatabdi Express trains. 
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SRF buyback
New Delhi: The board of directors of nylon tyre cord fabric manufacturer SRF Ltd has approved a buyback of up to a maximum of 9.70 million equity shares of the company, representing about 15 per cent of fully paid-up equity share capital of the company. 
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Accounting norms advisory panel to be reconstituted
New Delhi: The Union Government is all set to extend the term of the National Advisory Committee on Accounting Standards (NACAS), following the completion of the earlier specified term of the 12-member committee. 
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Postal ballot to include pref allotment, management change
Kolkata: Preferentail allotment of shares and change in management are also to be subjects in terms of the Second Amendment Regulations 2002 under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) for passing of of resolutions by shareholders by postal ballot. 
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Almatti insurance bids United India moves TAC
New Delhi: The public sector United India Insurance Company Ltd (UIIL) has moved the Tariff Advisory Committee (TAC) on the bids made by the private sector for the Almatti Dam Power project. 
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Bajaj Electricals reorgansies into 5 strategic business units
Mumbai: Bajaj Electricals yesterday announced it has reorganised operations under five strategic business units (SBUs) and is planning to have a mix of outsourced and self-manufactured products to leverage its brand strength. 
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Alstom mulls merger for single identity
Kolkata: The management of Alstom Ltd is considering merging the company into Alstom Power India Ltd to create a single face of the Alstom group and provide an end-to-end solution to the ultimate customer. 
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Jubilant to take up Max Pharma acquisition today
New Delhi: Speciality chemicals company Jubilant Organosys is looking to cement its presence in the pharmaceutical business through acquisitions and its board meeting on Wednesday is slated to take a harder look at the proposed acquisition of Max Pharma, the bulk drugs division of Max India. 
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NTPC to float arm for power trading - Maiden deal with Kayamkulam
Chennai: The Rs 20,000-crore National Thermal Power Corporation Ltd (NTPC) plans to enter power trading. It is in the process of incorporating a subsidiary company for this purpose. 
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Tigarbo to set up plant for making concrete mixers
Chennai: Tigarbo Construction Techniques (India) Pvt Ltd, which is now an importer of concrete mixing machines from Russia, plans to set up manufacturing facility here. The plant is expected to be built in collaboration with the Russian principals, J.S.. Komz-Export. 
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VIP Ind sets up joint venture in Bangladesh
Mumbai: VIP Industries Ltd proposes to set up joint venture companies in four countries in Asia, West Asia and Africa. 
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L&T unit exploring tie-ups in W. Asia - Eyes Rs 4,400-cr turnover
Mumbai: Larsen & Toubro's Engineering, Construction and Contracts (ECC) division hopes to record a turnover of Rs 4,400 crore during fiscal 2002-03. This performance would represent a 22.20 per cent growth to the turnover of Rs 3,600 crore recorded last year.
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LML to go full throttle in South
Bangalore: Making its foray into the South with Freedom, LML is all set to "reposition the competition," by pricing its bike aggressively at Rs 40,050 ex-showroom Bangalore, much below the competitive models in the same segment. 
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Power tariff hike adds to Binani Zinc woes
Kochi: Even as zinc prices have touched the lowest levels on the London Metal Exchange, the steep electricity tariff revision by the Kerala Government is making the operations of Binani Zinc increasing unviable. 
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Bajaj Tempo April-Aug sales up 23 pc
Mumbai: Bajaj Tempo, manufacturers of light commercial vehicles, utility vehicles, three wheelers and tractors, has recorded an overall growth in sales of 23 per cent across its product range during the period, April to August of the current financial year.
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Look who turned up for beer party
Mumbai: It turned out to be a party that surprised the host Last Wednesday, the UB group Chairman, Mr Vijay Mallya, walked late into a Shaw Wallace party to promote Haywards 2000 beer at the J W Marriot hotel in Juhu, Mumbai. 
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