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'Mission-critical
services must'
Mumbai: Economictimes.com in association with Hewlett-Packard
India organised a seminar on mission-critical services
recently. The seminar highlighted the business need for
mission-critical services such as high availability, IT
recovery, business continuity and IT support.
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To
market iron supplement - Akzo Nobel in talks with pharma
cos
New Delhi: The Dutch chemicals major, Akzo Nobel,
is in talks with Indian pharma companies to manufacture
and market its iron supplement product. The company has
a joint venture with Viridis Biopharma Pvt Ltd to manufacture
formulations and market the drug in India.
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Silverline
may shed Indian units in rejig
Mumbai: To obtain the approval of its shareholders
for these proposals, the company has decided to convene
an extraordinary general meeting shortly, the stock exchanges
have been informed.
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Foreign
investment cap hiked to $100 m
New Delhi: Corporates with a proven track record
for investments in overseas joint ventures or wholly-owned
subsidiaries can now invest up to $100 million through
the automatic route.
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Hero
Honda new 100 cc bike in April
New Delhi: Hero Honda has said it will launch a
new 100 cc bike in April this year as part of its marketing
strategy for fiscal 2003-04.
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TVS
Motor sales up 19 pc in Feb
Mumbai: TVS Motor Company sold 92,951 units in
February, achieving a growth of 19 per cent over the same
period last year. In the first 11 months of the current
year, the sales crossed the one million mark to touch
1,034,301 units, according to a press release.
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Glaxo
may go for in-licencing brands
Mumbai: Glaxo-SmithKline Pharmaceuticals is exploring
options to in-licence products and brands from companies
other than its parent.
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Tyre
majors to pass on duty sops to consumers
New Delhi: The tyre industry will pass on the 8
per cent cut in excise duty to consumers. Companies are
still working out the exact new prices and said they will
make formal announcements soon.
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BSNL
refuses to toe Trai line on interconnect charges to WLL
New Delhi: Refusing to give the interconnect charges
to the WLL-M operators as fixed by Telecom Regulatory
Authority of India, Bharat Sanchar Nigam Limited has asked
the regulator to either lower the fixed to WLL-M interconnect
charges or allow forbearance on fixed line tariff.
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