Dell
launches three new systems
Chennai: Dell has introduced Dell Precision 650
and 450 workstations that incorporate Intel's new chipset
for Intel dual Xeon processor technology.
Along
with the recently launched Dell Precision 350, (with support
for single processor Intel Pentium 4) these products offer
customers a new generation of high-performance desktop
workstations.
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Emami
to revive Boroplus brand
Kolkata: Emami is revivingBoroplus
one of its mainline brands. The company has relaunched
this product, which happens to be the largest-selling
antiseptic cream brand in the country.
The Rs 80-crore Boroplus brand commands a 55 per cent
national market share in the antiseptic cream market (as
per ORG-Marg). One of the largest brands of Emami, it
constitutes almost 40 per cent of the total cosmetics
sale of the company.
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BSNL
to offer broadband network in Hyderabad
Hyderabad: Bharat Sanchar Nigam Ltd (BSNL) is set
to complete a Rs 25-crore `Fibre-to-Home' project in the
twin cities of Hyderabad and Secunderabad and will offer
broadband access network to extend reliable high bandwidth
to both home users and corporate customers.
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Coca-Cola
to plough in $100m, expand distribution net
New Delhi: Coca-Cola will invest more than $100m
in the country in 2003, and will significantly expand
distribution network by close to one lakh new retail outlets.
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Colgate-Palmolive
launches Collect Your Cricketer Campaign
Mumbai: Colgate-Palmolive (India) Ltd has launched
its Collect Your Cricketer promotion. The
company claims this to be the first-ever miniature collectibles
of Indias top cricketers. Commenting on the launch,
Colgate-Palmolive (India) executive vice president (marketing)
Vikram Kaushik said, We expect the miniature cricketers
to be very popular among consumers as they strive to collect
a complete team.
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City
& Guilds launches India operations
Mumbai: The UK-based City & Guilds, a vocational
awarding body, on Wednesday announced the formal launch
of its operations in India. City & Guilds offers 500
qualifications across 22 sectors, ranging from basic skills
to the equivalent of a post-graduate degree.
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Pfizer
India sells Protinex to Danish co
Mumbai: Pfizer India Ltd has sold its protein supplement
brand, Protinex to EAC Trading Private Ltd, Indian subsidiary
of Denmark-based EAC Nutrition, for a consideration of
about Rs 35 crore. The sales of Protinex follows the parent
company, Pfizer Ltd's decision to sell the brand.
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SEBI
to take action against Ranabaxy
New Delhi: Sebi has decided to initiate action
against promoter entities of Ranbaxy for not informing
Sebi of their acquisition of 7.01 equity of the company
during January and October 1999.
While
recommending adjudication proceeding under Regulation
15A (a) of SEBI Act, Sebi said that promoters were required
to inform the regulatory body under Regulations 3 (4)
of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 1997. SEBI has disclosed these details in
its final report to the JPC.
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NIIT
bags $10-m UK order
New Delhi: NIIT' s remote business process management
services subsidiary, NIIT SmartServe, has bagged a $10-m
order from the UK-headquartered Misys Independent Financial
Advisory Services Plc (MIFAS Plc).
Misys
Plc is a major provider of software products for the international
banking and healthcare industries. MIFAS, a wholly owned
subsidiary of Misys Plc, is a supplier of support and
research services to Independent Financial Advisers (IFAs)
in the UK.
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MRO-Tek
Q2 net at Rs 1.5 crore
Bangalore: MRO-Tek Ltd, a networking and last mile
access solutions provider, has reported a net profit of
Rs 1.35 crore on a revenue of Rs 23.05 crore for the second
quarter ended September 2002, as against a net of Rs 5.79
lakh on a turnover of Rs 17.86 crore in corresponding
period last year.
For the first half, net profits of the company stood at
Rs 2.54 crore on a turnover of Rs 39.81 crore as against
a net of Rs 85 lakh on a turnover Rs 30.63 crore in corresponding
period previous year.
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Milton
to re-launch home range
Kolkata: Milton Global will soon be relaunching
its non-thermoware household products. The move to relaunch
the non-thermoware range of products, discontinued for
the last 25 years, is being done to hedge the seasonality
of the business.
The
company has already begun test-marketing products like
containers and buckets in the western market. Plans are
under way to set up a new manufacturing base in Guwahati
to manufacture both the non-thermoware and the thermoware
range of products.
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