Taj targets greater revenue pie from food and beverage 
New Delhi: Tata-owned Taj Group is to increase the share of food & beverage to the total revenue by 50 per cent during the current financial year 2002-03 from the level of 37 per cent previous year. 
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Kale spotted discrepancies in minutes of Tata Fins share purchase vehicle 
Mumbai: The AF Ferguson report on Tata Finance Ltd (TFL), accuses TFLs vehicle to purchase its shares, India Emerging Companies Investments Ltd, of altering its minutes and thereby raising doubts about the validity of all subsequent board resolution of the company. 
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Shriram Group acquires 25 per cent stake in IEIL 
Chennai: Shriram Group has picked up a 25 per cent stake in Integrated Enterprises (India) Ltd, a city-bsed financial service organisation. The deal is expected to be closed by this month end. 
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Ferguson partner praised Kale for securing Tata Finance account 
Mumbai: In an inter-office correspondence dated August 6, 2001, AF Ferguson senior partner AK Mahindra heaped praise on former senior partner YM Kale, for securing the Tata Finance Ltd account. 
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Himalaya Drug enters womens healthcare 
Bangalore: Herbal healthcare major Himalaya Drug Company has forayed into the Rs 461 crore osteoporosis and hormone replacement therapy segment with the launch of Reosto and menosan tablets. 
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J P Morgan makes bid for 26% in IDBI Bank
Mumbai: J P Morgan has bid for a 26 per cent stake in IDBI Bank, albeit with certain conditions. The proposal was considered by the bank's parent, IDBI. However, there are reservations on some of the conditions, and will pursue the matter if the US investment bank takes a more flexible stand.
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MS comes looking for marketing talent
Bangalore: After hiring techies at a fast pace, Microsoft is now scouting for marketing skills in India. The software giant plans to hire 100 marketing professionals in Asia, with India one of the top three markets on its radar.
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TCS plans Rs 4,000-cr domestic issue
Mumbai: The Tata group has decided to first float a domestic offering for its software division, Tata Consultancy Services, and only later consider an American depository receipt or any other form of global listing.
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Becosule top pharma grosser
Mumbai: Pfizer's hugely popular vitamin B complex drug Becosule and cough syrup brand Corex have emerged as the No 1 & 2 pharma brands in the country in 2001, according to a recent study.
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M&M plans additions to Bolero range in October
Mumbai: After the successful launch of `Scorpio, M&M is planning an extension of its Bolero utility vehicle. A range of Bolero variants are to be rolled out over the next 12 months.
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Casino group to recreate life of maharajas
Leave your footwear out, please. And remember that booze is strictly no-no. Non-vegetarian food? Banish the thought. Also, dont forget to throw away your pack of fags.
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Glaxo plans VRS for workers at Ankleshwar
Mumbai: Pharma market leader GlaxoSmithKline is planning a separation scheme for workmen at its manufacturing unit in Ankleshwar, Gujarat that could see the company shell out up to Rs 19 crore in VRS payments.
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Havas' media arm MPG to launch local operations
Mumbai: Havas Communications, the worlds sixth largest communications group and the holding company of Euro RSCG and Lemon in India, is commencing operations of its media independent company, Media Planning Group (MPG), in India on October 15.
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Shapoorji Group to cut flab at Forbes Gokak
Mumbai: The Shapoorji Pallonji Group is set to revamp Forbes Gokaks operations by reducing the number of companies and bringing various administrative functions under one roof.
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Global recovery may help SAIL cut losses by 70%
Mumbai: A steady price level, coupled with a global recovery for the segment, is expected to keep the countrys largest steel company, the Steel Authority of India, on track in the current financial year, said SAILs finance director and chairman-designate, V S Jain.
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Britannia loses market share to smaller firms
Mumbai: Stiff competition from smaller players is eating into the market share of biscuits major Britannia Industries in segments like milk, salt crackers and cookies.
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Two-wheeler cos run at higher capacity
Mumbai: Spurt in motorcycle sales over the last few years has benefited two-wheeler companies in one more way capacity utilisation. 
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Kawasaki to use Bajaj Auto's plant
Mumbai: For the first time, Kawasaki has decided to manufacture a bike in Bajaj Autos plant here next year which will be globally marketed. This also will be the first time the Japanese two-wheeler maker will not be rolling out a model from a Kawasaki plant. 
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Ansal to build commercial complex in Delhi
New Delhi: Real estate developers Ansal Properties and Industries Ltd are in the process of setting up of a commercial-cum-shopping complex in the Palam Vihar region of the Capital. The complex, Palm Triangle, to be built over an area of 50,000 sq.ft., will will be ready for occupation by the end of 2004. 
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Compliance with SEBI Act: DCA notifies changes
New Delhi: Companies proposing to tap the capital market will now have to mandatorily give declaration on compliance with the guidelines issued by Securities and Exchange Board of India also in their prospectus. 
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`Huge market for e-governance projects' - Oracle in talks with many State Govts
New Delhi: Oracle Corporation, the world's largest enterprise software company, hopes to gain significant business from India's e-governance projects as a number of States are attempting to computerise more government departments. 
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Bajaj Auto charts course to regain market leadership
Mumbai: Sanjiv Bajaj said the company was catching up fast on motor cycles and expects to increase its two-wheeler sales to 1.55 million vehicles. 
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Alden Prepress bullish about Chennai
Chennai: For Alden Prepress Service Pvt Ltd, a wholly-owned subsidiary of the UK-based Alden Group, the decision to set up base in Chennai was guided by the city's emergence as a centre of excellence for data transfer and technical type setting. 
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Overseas call licence to BSNL, MTNL unlikely now
New Delhi: The Department of Telecommunications is unlikely to grant international long distance (ILD) licences to telecom majors Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd. 
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