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LG
to use Webel factory for making CTVs
Kolkata: LG Electronics has entered into an agreement
with West Bengal Electronics Development Corporation Ltd
for producing colour televisions at the latter's factory.
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MphasiS
BFL Q2 net up 70.20 per cent
Mumbai: MphasiS BFL Ltd has posted a net profit
of Rs 27.26 crore for the second quarter ended September
30, 2003 as compared to Rs 15.21 crore for the same quarter
previous year. Total revenue for the period has increased
to Rs 70.08 crore from Rs 48.42 crore last year.
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Sankara
Nethralaya to collaborate with BARC
Chennai: The city-based eye hospital, Sankara Nethralaya,
and Bhaba Atomic Research Centre have brought about a
significant decrease in the treatment cost of eye tumour
by collaborating in the domestic manufacture of a radioactive
source used in the treatment.
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P&G
seeks shareholder approval to raise
share capital
Mumbai: Procter & Gamble Hygiene and Health
Care Ltd will seek, at its annual general meeting to be
held on October 10, its shareholders' approval to increase
its authorised share capital from Rs 25 crore (2.5 crore
shares of Rs 10 each) to Rs 35 crore (3.5 crore shares
at Rs 10 each).
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IOC
willing to buy Government stake in HPCL
New Delhi: Indian Oil Corporation has verbally
offered to the Government to buyout the latter's stake
in Hindustan Petroleum Corporation Ltd.
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Idea
Cellular Talks For Buyout Of Escotel Reach Final Stage
Mumbai: Negotiations between the Escorts
group-promoted cellular service provider Escotel Mobile
Communications and the Tata-Birla-AT&T combine's Idea
Cellular, for the latter to buy out Escotel's three cellular
circles, have now reached a decisive stage.
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Boeing
offers savings carrot before IA
The US-based aircraft manufacturing major, Boeing, has
written to Indian Airlines outlining a saving potential
of "several hundred crore rupees" for the airline
if it were to acquire the Boeing-737 new generation family
to meet its fleet replacement plan.
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Suzuki
Metal foundry goes on stream
Bangalore: The foundry plant of Suzuki Metal India
Ltd , a joint venture between Suzuki Motor Corporation
of Japan and Maruti Udyog Ltd, went on stream on Tuesday.
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DCA
refers Daewoo case to serious fraud office
New Delhi: The Serious Fraud Investigation Office
(SFIO), an agency set up for investigating serious corporate
frauds, has got its first case in Daewoo Motors India.
The
Department of Company Affairs has referred the case to
SFIO on complaints received from the bankers of Daewoo
India.
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Indian
Oil Revamps Sales Department
Mumbai: Indian Oil Corporation has embarked on
a major marketing transformation programme, which envisages
providing better services to its customers.
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