Balmer Lawrie to tie up with Kuoni to beef up tourism biz 
Kolkata: The government-owned Balmer Lawrie & Co Ltd plans to enter into a strategic alliance with Switzerlands Kuoni for strengthening its tourism division. 
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Telco yet to get intimation on govt orders for Safari 
Mumbai: Tata Engineering has yet to receive any formal communication from the central government regarding bulk orders for Tata Safari for senior government functionaries. 
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Overseas OEMs target India, China for sourcing 
New Delhi: Original equipment manufacturers from the US and Germany are looking at outsourcing auto components from India and China. 
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Western Union ties up with HPCL 
Mumbai: Western Union will offer money transfer service at select Club Hindustan Petroleum Corporation Ltds outlets across Mumbai city. Western Unions key agent, JIK Industries Ltd, has signed agreements with select HPCL dealers to introduce this service in Club HP retail outlets. 
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Nestle's latest to join hunt for Indian talent
Ahmedabad: India is fast emerging as a happy hunting ground of managers for multinational corporations. Now, Nestle is also focusing considerable attention on supplying Indian managers to its world-wide pool of managers.
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Nicholas Piramal to push up stake in Boots JV to 49%
New Delhi: Nicholas Piramal India is increasing its stake in Boots Piramal Healthcare its joint venture with the UK-based pharma major Boots Healthcare International to 49 per cent from the existing 40 per cent. 
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Premier tows Fiat to CLB on mismanagement charges
New Delhi: Premier Automobiles has moved the Company Law Board against Fiat India, Fiat Auto and others under Section 397-398 (oppression of minority shareholder and mismanagement) of the Companies Act. 
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EPIL selloff likely to be concluded by December
New Delhi: Engineering Projects India privatisation is likely to be concluded by December along with the divestment of Shipping Corp and STC.
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CTV makers slash prices by up to Rs 5,000 on MRP
Mumbai: Colour television majors have reduced prices of their models by as much as Rs 3,000-5,000 below the maximum retail price, leaving the actual pricing to the negotiation skills of the customer. 
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E&Y to value Allied stake in Baskin Robbins
Mumbai: Baskin Robbins, the international ice-cream chain, has appointed Ernst & Young for valuation of the 40 per cent stake of Allied Domecq in the joint venture, which the Indian partner has proposed to buy. 
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Movenpick falls out with NCR franchisee
New Delhi: Barely a year into the country, Swiss ice-cream major Movenpick has fallen apart with its Indian franchisee, Pepsi bottler Ravi Jaipuria. 
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Two-wheeler firms may cut growth targets by 10%
Mumbai: Two-wheeler manufacturers may be forced to scale back their growth targets by 5-10 per cent over the next six months, with dealers painting a grim view of growth prospects.
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UB, Bacardi, Roy in final race for Green Label
MUmbai: Vijay Mallyas United Breweries, UK-based Kyndal group, which has a marketing arrangement with Shaw Wallace, foreign liquor majors Pernod Ricard and Bacardi and Deepak Roy, Guinness UDVs former president for India, South Asia and Baltic regions will make the final bid for Gilbeys Green Label one of the largest selling whisky brand in the 72 million cases Indian spirit market after three weeks. 
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FIs ask Jindals to buy steel units
New Delhi: Financial institutions have approached Jindal Strips to manage or buy stainless steel units like Panch Mahal Steel, Rathi Steel and Isibar Steel. 
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Apollo introduces arthoscopy of shoulder joint
Chennai: Shoulder arthoscopy, an orthopaedic surgical procedure to see, diagnose and treat problems inside a joint, something akin to laparoscopic surgery, has been introduced in Apollo Hospitals here for the first time. 
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GAIL seeks Govt nod to market LPG
New Delhi: GAIL (India) Ltd has sought Government's approval for marketing liquefied petroleum gas (LPG) to domestic consumers and to retail auto-LPG in eight cities. 
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MphasiS board meet on October 9
Bangalore: The board of directors of MphasiS BFL Group will meet on October 9 to take on record the audited financial results for the quarter-ended September 30, 2002. 
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KAL bags Rs 96-cr export order
Thiruvanathapuram: The public sector Kerala Automobiles Ltd (KAL) has bagged an order to export 15,000 diesel three-wheelers, worth Rs 96 crore, to Bangladesh. The company will export 3,000 vehicles every year over the next five years. 
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Rasoi open offer for buyback soon
The management of Rasoi Ltd will soon come out with an open offer for buyback of its shares representing 10 per cent of the paid-up equity and free reserves of the company. 
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Kshema restructures business again - To sharpen focus
Bangalore: In a bid to consolidate its operations and sharpen its focus further, Kshema Technologies, the Bangalore-based software services company has recently restructured its business again. 
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Operations overboard: NEC
New Delhi: NEC Engineers Pvt Ltd, whose name reportedly figures in a dossier on Iraq's military plans presented to the House of Commons today maintained that the company has been undertaking business in West Asia only in respect of United Nations sanctioned projects. 
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Commerce One, Satyam join hands
Chennai: Satyam Computer Services has announced a strategic partnership with the California-based, Commerce One Inc, an enterprise software company to offer supply chain solutions through Web services. 
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No bacteria found in seafood shipment to Norway: HLL
Mumbai: Since 2000 until August 2002, HLL made shipments of 136 containers to the EU. Except these 5 containers (four others for technical reasons), all others have been cleared through the European ports. 
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Sundram Fasteners upbeat on outsourcing
Chennai: The original equipment manufacturers (OEMs) in the US and Europe, particularly Germany, will be forced to outsource their component requirement due to cost compulsions and this presents an opportunity for the Indian component manufacturers, according to Mr Suresh Krishna, Chairman and Managing Director, Sundram Fasteners Ltd. 
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Zee Tele ad revenue flat, to pay 55 pc
Mumbai: Advertising revenue, which accounted for 57 per cent of Zee Telefilms Ltd's (ZTL) total revenue of Rs 1,155.5 crore in fiscal 2001-02, continues to remain flat, the media and entertainment company informed yesterday. 
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`Speed' forms 35-40% of BPCL petrol sales
Deregulation of the oil sector has brought about an increase in margins for Bharat Petroleum Corporation Ltd (BPCL) and the company is "confident of better profit performance in the current year'', according to Mr Sarthak Behuria, Chairman and and Managing Director, BPCL. 
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