P&G
to focus on greater leveraging of distributor net
Mumbai: The Indian subsidiary of Cincinnati-based
Procter & Gamble Co Procter & Gamble India
is strengthening its reach by leveraging the existing
distributor set-up in India.
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Chemithon
targets FGC market in eastern region
New Delhi: Chemithon Engineers, a joint venture
with Chemithon Enterprises Inc, USA, a world major in
environmental equipment-making, has planned to enter into
the Rs 100-crore flue gas conditioning system market in
the eastern region in a big way.
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Neyveli
Lignite to double capacity of proposed power project
Chennai: In a bid to take advantage of the recent
changes in the mega power policy, state-owned Neyveli
Lignite Corporation said it plans to double the capacity
of its proposed Tuticorin Power Project to 1000 MW, at
an estimated cost of Rs 4,000 crore.
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Essar
in advanced stage of merging all telecom ventures
New Delhi: Essar Telecom, one of Indias largest
cellular providers, of the over Rs 17,000 crore Essar
Group, is at an advanced stage of merging all its telecom
ventures into one unit.
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Techna
plans software centre in Kolkata
Kolkata: Techna, the Silicon Valley-headquartered
IT company, has announced plans to set up a software development
centre here at an estimated investment of Rs 5 crore.
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SABMiller
still keen on SWC stake
Kolkata: SABMiller, the world's second largest
brewer, has indicated that it will remain on course to
buy a strategic stake in the Manu Chhabria family controlled
Shaw Wallace & Co's (SWC) beer business.
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KBJNL
moots steps to reduce cost of borrowings
Bangalore: Krishna Bhagya Jala Nigam Ltd, incorporated
in 1994-95, is implementing the project partly by funds
borrowed from the market. KBJNL had raised Rs 350 crore
last year through a public issue of secured redeemable
bonds.
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Color
Chips ties up with ESPN
Mumbai: Color Chips India Ltd, the city-based software
and animation solutions provider, has announced that it
has tied-up with the leading international sports television
channel ESPN for development and creation
of characters in animated action for the television channel.
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Amway
plans India as base to service Asian market
New Delhi: The Rs 625-crore Amway India Enterprises
- the wholly owned subsidiary of the US-based, $5-billion
Amway Corporation - proposes to make India a manufacturing
base for servicing other markets in Asia.
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