Essar Oil's first retail to come up next month
Mumbai: Essar Oil Ltd is all set to open its first retail outlet at Ratnagiri in Maharashra next month, more than a year after it received licence for setting up petrol pumps.
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Punjab Chemicals takes over Alpha Drugs
Mumbai: The Rs 100-crore Punjab Chemicals and Pharmaceuticals Ltd has taken over Alpha Drugs India Ltd (ADIL). ADIL makes Penicillin-based antibiotics and anti-bacterial drugs, a press release from the company said.
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IP Rings to expand
Chennai: IP Rings Ltd proposes to invest Rs 16 crore in a project for manufacturing transmission components such as clutches and gears.The project, which marks the company's first step into the manufacture of a non-piston ring product, has just begun and could take a year to complete.
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Coffee Day aims at Rs 330-cr turnover
Kolkata: Amalgamated Bean Coffee Trading Co. Ltd, which owns the Café Coffee Day chain of cafes across the country, has targeted a turnover of Rs 330 crore in the current fiscal.

In 2002-03, the company had recorded a turnover of Rs 250 crore, according to Mr Naresh Malhotra, Director of Amalgamated Bean Coffee Trading Co. Ltd.
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Mid Day Multi to confine to Mumbai
Mumbai: Mid Day Multimedia Ltd, which publishes the city's leading afternoon newspaper, Mid Day, sees potential to spread its wings to other markets, although for the present it is content growing in Mumbai.

Currently, Mid Day's publishing business accounts for a substantial portion of the company's revenues.
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D Data offers optical disc technology
New Delhi: D DATA, a Russian company, engaged in developing a new optical disc technology digital multilayer disc is looking at establishing partnerships with Indian DVD and consumer electronic manufacturers
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HCL Perot bullish on healthcare space
Hyderabad: HCL Perot System, an IT lifecycle solutions provider, is bullish on the emerging opportunities in the enterprise integration application space, particularly in health care and has hence expanded its solutions profile.
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Leapstone centre develop tech for Verizon
Hyderabad: The Development Centre of Leapstone Systems, the New Jersey, US-based telecom software infrastructure company, located in Hyderabad, has played a key role in the development of converged communication engine (CCE), which has been deployed in Verizon Wireless, the largest wireless carrier in the US.
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Tata Infotech rejigs training business
Bangalore: Tata+ Infotech is trying out new initiatives to keep afloat its sagging education services business, which has been badly affected by the industry downturn.

"We are trying different things to keep our business going and improve the profitability," said Mr Rahul Thapan, Head Education Services Division, Tata Infotech. The company has shifted its focus towards corporate training, e-learning and content development for its customers overseas, apart from consolidating its affiliate channel business.
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