|
BSES
comes out in strong support of Reliance offer
Mumbai: The management BSES Ltd on Monday came
out strongly in support of the Reliance group’s second
open offer for another 20 per cent stake and management
control of the company.
Back
to News Review index page
Dunlop
comes under Gordon Woodroffe fold
Kolkata: Ailing tyremaker Dunlop India Ltd has
become a subsidiary of Jumbo group company Gordon Woodroffe
Ltd following a fund infusion by the promoters that was
part of a holding operation plan.
Back
to News Review index page
Tata
Steel eyes lower wage cost, not just pruning
Mumbai: Tata Steel has shifted its focus from reducing
manpower just in terms of numbers, to bringing down the
cost of the manpower itself.
Back
to News Review index page
Samsung
launches video game chip for CTV range
New Delhi: Samsung India has launched a 15 video-game
chip to be incorporated in select models of its 21 and
29 conventional and flat CTV products, making it the first
consumer electronics company to incorporate such a chip
with its products.
Back
to News Review index page
Dunlop
confident of reviving Sahagunj unit
Kolkata: Dunlop India Ltd said Monday, it is keen
to revive operations at its Sahagunj factory in West Bengal,
which has been lying closed since the end of holding operations
in April 2001.
Back
to News Review index page
Audit
panel calls for tighter norms, more independents
New Delhi: The Naresh Chandra Committee on Corporate
Audit and Governance, appointed by the government to enhance
corporate reporting and accountability, has recommended
far reaching measures designed to alter the way India
Inc. works.
Back
to News Review index page
Opto
Circuits buys patient monitoring unit of US co
New Delhi: Opto Circuits India (OCIL), which bought
over Hindustan Lever's digital thermometer division in
June this year, has now acquired the patient monitoring
division of Palco Laboratory, a California-based developer
and vendor of medical products.
Back
to News Review index page
Kolkata
tops WiLLingness chart, 45 per cent cell users game
Kolkata: Cellular mobile users in Kolkata have
maximum inclination to try limited mobility. While 45%
of the users in Kolkata are highly willing to try WLL,
against the average of 21 per cent at overall level. Thiruvananthapuram
follows Kolkata (at 40 per cent) and Ahmedabad with (29
percent).
Back
to News Review index page
IA,
A-I on a high as aircraft lease rentals nosedive
New Delhi: Even as Indian Airlines and Air-India
are planning fleet acquisition at a cost of nearly $4bn,
further decline in aircraft lease rentals is presenting
new options before the two carriers. The emerging global
trend of favouring flexibility has made the leasing option
more attractive, according to industry sources.
Back
to News Review index page
Nestle
scales down Dec supplies to clear stock
Mumbai: Nestle India has drastically scaled down
despatches to its distributors in December, in a move
intended to clear stocks in the pipeline.
Back
to News Review index page
Big
Mac to invest Rs 60 cr to set up 20 more outlets
Mumbai: McDonald's India, running a chain of 41
restaurants in India, which are owned and managed locally,
now plans an ambitious expansion by opening 20 more outlets
during '03, at an estimated cost of Rs 60 crore.
Back
to News Review index page
Telco's
diesel Indigo works up a steam
Mumbai: Tata Engineering's pricing strategy for
its newly launched Indigo seems to have paid off, at least
in its hometown. Going by the bookings, the top-end diesel
is the hot favourite, dealers here said.
Back
to News Review index page
Dabur's
risk management system by April
New Delhi: Dabur India is rolling out a risk management
framework towards managing its business risks and assessing
cost.
Back
to News Review index page
Aurobindo
launches Cefeprime
Hyderabad: Aurobindo Pharma Ltd (APL), the Hyderabad-based
Rs 1,050-crore pharmaceuticals major, has announced the
launch of Cefeprime, claimed to be one of the most advanced
antibiotics in the world for the first time in the country.
Back
to News Review index page
Avon
Organics bags MNC order
Hyderabad: Avon Organics Ltd, the Hyderabad-based
pharmaceuticals manufacturer, has informed the stock exchanges
that it has entered into a long-term international contract
for the supply of one of its products with a global multinational
company.
Back
to News Review index page
IL&FS
arm to invest Rs 10 cr in Malladi Drugs
New Delhi: IL&FS Investment Managers (IIML),
private equity arm of Infrastructure Leasing & Financial
Services (IL&FS), will be investing Rs 10 crore in
Malladi Drugs.
Back
to News Review index page
Som
Distilleries plans pref offer
Hyderabad: Som Distilleries & Breweries Ltd
(SDBL), the Bhopal-based producer of beer, whisky and
rum, proposes to offer 50 lakh equity shares of Rs 10
each, either at par or at higher price to be worked out
in terms of Securites and Exchange Board of India guidelines,
to its promoters and their associates on a preferential
allotment basis.
Back
to News Review index page
R.R.
Stones bags export award
Hyderabad: R.R. Stones Pvt Ltd, a bulk exporter
of granite products, has received a special export award
for 2001-02 from Capexil ( formerly Chemicals and Allied
Products Export Promotion Council).
Back
to News Review index page
Hind
Sanitaryware puts demerger plans on hold
New Delhi: The Rs 215-crore Hindustan Sanitaryware
& Industries Ltd (HSIL) has put on hold its proposed
de-merger of the company's Rs 100-crore glass container
division into a separate entity.
Back
to News Review index page
9:20
swap ratio for Vikrant merger in JK
New Delhi: Shareholders of Vikrant Tyres will receive
nine shares in J.K. Industries (JKI) for every 20 held
following its merger with the latter, the company informed
Bombay Stock Exchange.
Back
to News Review index page
|
