|
Apple
cuts flat-screen iMac, eMac prices
New Delhi: Apple Computer Inc. on Tuesday cut the
prices on two flat-screen iMacs and two eMacs, one week
after reducing prices on its high-end Power Mac line of
desktop computers and flat-panel display monitors. The
cuts come as computer makers compete for sales in a market
that has been weak for more than two years.
Back
to News Review index page
Tanishq,
unions in talks on performance-linked salaries
Bangalore: Following its plans of rolling out a performance-linked
competitive salary structure across the organisation,
Tanishq, the jewellery arm of Titan Industries, has initiated
negotiations with its labour union to roll out a similar
framework for its factory workers.
Back
to News Review index page
Ranbaxy
launches new ARV product
Mumbai: Ranbaxy Laboratories Ltd on Tuesday announced
the launch of the next generation anti-retroviral product
Abacavir, for the first time in India.
Back
to News Review index page
Biomix
to raise $10-15 million to buy out CROs
New Delhi: Biomix Network Ltd is planning to raise
$10-15 million to acquire two clinical research organisations.
The proceeds will also go towards filing patents in US
for bioinformatics tools used for drug discovery, clinical
trials and telemedicine and commercialising them.
Back
to News Review index page
Deepak
Fertilisers plans to set up CNA plant at Taloja
Pune: Pune-based Deepak Fertilisers and Petrochemical
Corporation Ltd plans to set up an additional concentrated
nitric acid plant, thereby increasing its capacity to
52,800 metric tonne per annum at its Taloja manufacturing
facility.
Back
to News Review index page
AV
Birla group divests stake in LearningByte
Mumbai: The Aditya Birla group has divested its stake
in LearningByte International three years after taking
management control of the US-based e-learning company.
Back
to News Review index page
NIIT
sees eGurucool as new money-spinner
Mumbai: IT education major NIIT said on Tuesday it
was acquiring the beleaguered e-learning portal eGurucool
for Rs 1 crore.
Back
to News Review index page
SSI's
Aptech dream souring
Chennai: SSI's proposed acquisition of Aptech's training
business has run into problems, but the deal, which would
make SSI the largest IT education firm in the country
if concluded, could still happen if no hidden liabilities
or cost are discovered in the due diligence exercise.
Back
to News Review index page
Merck's
Taloja staff opt for VRS
Mumbai: All workmen employed at drugs and chemicals
company Merck’s manufacturing facility in Taloja,
Maharashtra have opted for a recently-concluded voluntary
retirement scheme (VRS). About 142 employees took VRS
which opened on 20 January 2003. The VRS was only for
unionised employees at the plant.
Back
to News Review index page
BPL
closes in on Reliance, cuts rate to 49 paise a minute
Mumbai: Cellular operator BPL Mobile has cut the tariffs
for post-paid and pre-paid services effective 5 February
2003, in what seems to be an attempt to bring its tariffs
close to the 40 paise per minute rates being offered by
Reliance Infocomm.
Back
to News Review index page
Casio
to set up customer care centre in India
New Delhi: One more MNC joins the BPO bandwagon in
India. The Indian subsidiary of the Japan-based electronic
goods giant Casio is planning to set up its global customer
support centre in India.
Back
to News Review index page
Court
dismisses DRL’s patent suit against Cadila
Hyderabad: In a setback to Dr Reddy’s Laboratories
(DRL), the Superior Court of New Jersey, USA, has dismissed
a civil complaint filed by DRL’s affiliates - DRL
Inc and Dr Reddy’s Research Foundation (DRF) - seeking
to restrain Cadila Healthcare Ltd (CHL) and its two scientists
from patenting certain pharmaceutical compounds, which
are useful in treating diabetes and other conditions.
Back
to News Review index page
BSES
calls EGM on diversification
Mumbai: BSES Ltd, the Mumbai-based power utility company,
which has recently become part of the Reliance group,
is seeking shareholders' approval to enable the company's
future diversifications.
Back
to News Review index page
SCI
plans to pay interim dividend
New Delhi: With the disinvestment process slowly gathering
steam, Shipping Corporation of India (SCI) is mulling
over a plan to pay interim dividend to the Union Government
if the company is privatised before March 31.
Back
to News Review index page
Canon
posts 34% revenue growth
New Delhi: Digital imaging products company, Canon
India Ltd, has announced an increase of 33.77 per cent
in revenues, which has grown from Rs 151 crore to Rs 202
crore for the year ending December 31, 2002.
Back
to News Review index page
Lamina
Foundries nine-month profit at Rs 1.6 crore
Mangalore: The Mangalore-based Lamina Foundries has
earned a profit of Rs 53.59 lakh for the quarter ended
December 31, 2002, as against a loss of Rs 34.34 lakh
during the corresponding quarter of the previous financial
year.
Back
to News Review index page
SC
Johnson seeks FIPB nod to buy 50% stake in Allout maker
New Delhi: The US-based S.C. Johnson & Sons' Indian
subsidiary, S.C. Johnson Products Pvt Ltd, has moved the
Foreign Investment Promotion Board (FIPB) seeking permission
to buy out a 50 per cent stake in Karamchand Appliances
Pvt Ltd (KAPL).
Back
to News Review index page
MOTUL
to join hands with Atlantic Lubricants
Mumbai: The lubricants major MOTUL of France has parted
ways with Stanrose Mafatlal Group in India by mutual agreement.
It has decided to join hands with Atlantic Lubricants
and Specialities Pvt. Ltd for marketing the products in
India.
Back
to News Review index page
Hyundai
Motor’s January sales cross 10,000 units
New Delhi: Korean automobile manufacturer, Hyundai
Motor India Ltd, has registered its highest ever January
sales this year. The company sold 10,235 units in January
this year, bettering its January 2002 high of 10,010 units.
Back
to News Review index page
LML
motorcycles sales up 198% in January
Mumbai: LML has said its its motorcycle sales have jumped
by 198.7 per cent to 14,477 units last month from 4,864
units during the same period last year.
Back
to News Review index page
|
