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A-I
re-routes flights to US, UK, France
New Delhi: Air-India, the country’s national
flag carrier has re-routed its flights operated between
India and UK/US as also those to Paris in the wake of
Iraq war.
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Apollo,
JK Tyres spar over Continental Tech
New Delhi: It’s the latest battle by tyre
warriors. The war for the share of the market has spilled
to another area: who’s got better state-of-the-art
technology from their common partner, Continental AG of
Germany.
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Pricol,
Directed Tech float new firm for car security systems
New Delhi: Premier Instruments and Controls Ltd
in collaboration with Directed Technologies, USA, has
floated a new company, Xenos Technologies Ltd, to manufacture
and market advanced versions of vehicle security systems
in India.
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M&M
launches Bolero Variant
Mumbai: Mahindra & Mahindra has launched an
open-top variant of the Bolero called Invader in a bid
to create a new segmentation in the highly cluttered Indian
car market.
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Three
Indian pharma firms, US co in umbrella pact
New Delhi: In an interesting move, three mid-sized
Indian pharmaceutical companies and a US-based pharma
firm have come together for the first time in India and
formed a global alliance branded ‘The life science
alliance’ inorder to offer global firms a host of
services under one umbrella
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PC
sales pick up on retail circuit
Mumbai: Moving away from conventional tech channels,
PCs are fast becoming consumer products - about 48 per
cent of PCs sold during the last calendar year were in
the retail market, up 44 per cent from the previous year.
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Exec
appointments may no longer need DCA nod
New Delhi: Of the 463 applications received by
the department of company affairs (DCA) since June 1,
'01 for approval of corporate appointments and managerial
remuneration payments, 435 are still pending.
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Hyundai
launches Accent variant
New Delhi: Hyundai Motor India Ltd (HMIL),on Monday
announced the introduction of its new Accent 1.6 GLS.
The GLS will now come with an upgraded 1.6-Litre, 16V
DOHC engine and has been priced at Rs 615,733 (ex-showroom,
New Delhi).
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BHEL
turbine for Oman co
Mumbai: BHEL, Ramachandrapuram has exported an
advance class gas turbine to the Petroleum Development
Organisation (PDO), Oman. This is one of the tow gas turbines
ordered by the Omanese company.
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L&T
wins Rs 269-cr Karnataka road project
contract
Mumbai: Larsen and Toubro Ltd has bagged a Rs 269-crore
road contract from the Karnataka State Highways Improvement
Project.
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BHEL
bags NTPC Vindhyachal project deal
Mumbai: Bharat Heavy Electricals Ltd (BHEL) has
bagged a Rs 2,125-crore deal from National Thermal Power
Corporation (NTPC) to set up the latter's 1,000-MW Vindhyachal
Stage III power station in Madhya Pradesh, according to
an official release.
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Concept
bags Maruti IPO account
New Delhi: Concept Communications will be handling
the marketing and advertising activities for Maruti Udyog's
initial public offering (IPO) this year. The mandate includes
advertising across all media, public relations management
and extensive on-ground promotional activities.
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