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ZEE
arms to be merged with parent
Mumbai: ZEE
Telefilms Ltd is considering merging some of its wholly-owned
subsidiaries with itself as part of its restructuring
process.
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Maruti
rolls out upgraded version of Grand Vitara
New Delhi: Within a year of launching its maiden
sports-utility-vehicle (SUV), the Grand Vitara XL-7, Maruti
Udyog on Monday announced the roll out of an upgraded
version of the vehicle.
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Ranbaxy's
Augmentin gets US clearance
New Delhi: Ranbaxy Laboratories Ltd has received
the final approval from the US regulatory authorities
to manufacture and market the bio-equivalent version of
the antibiotic Augmentin in its chewable form.
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Microseal
launches products in India
Hyderabad: Microseal Technologies Ltd, an US-based
automotive service company, today launched its products
in India through its sole distributor WonderTach, a Hyderabad-based
automotive service company.
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Environment-friendly
paper from ITC
New Delhi: ITC Ltd has commenced commercial production
of paper using the environment-friendly elemental chlorine-free
technology at its Bhadrachalam unit in Andhra Pradesh.
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Wipro
signs master service pact with GM
Bangalore: Wipro Ltd has signed a master service
agreement with its client, General Motors. This umbrella
contract encompasses all of Wipro's existing efforts with
GM and gives licence to all its divisions to bid for the
latter's projects independently, company sources said.
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Mastek
bags UK contract
Mumbai: Mastek Ltd has bagged a high value ten-year
contract from the National Health Service, UK.
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Cranes
Soft to raise capital for expansion
Bangalore: Cranes Software International Ltd, a
global scientific and engineering software solutions provider,
plans to increase its authorised capital to fund its proposed
expansion programmes.
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Futura
Polyesters board to meet on Dec 13
Mumbai: Futura Polyesters Ltd has informed the
Bombay Stock Exchange that a meeting of the board of directors
of the company has been reconvened on December 13.
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Court
approves Taj GVK, Punjab Hotels merger
Hyderabad: TAJ GVK Hotels & Resorts Ltd has
informed the stock exchanges on Monday that the High Court
of Delhi approved amalgamation of Punjab Hotels Ltd, a
100-per cent subsidiary of the company, with itself. According
to Taj GVK, the merger would be effective November 1,
2002.
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Dr
Reddy's signs pact with Croatian company
Hyderabad: DR Reddy's Laboratories Ltd has announced
that it has signed an agreement with Croation company
PLIVA for development and marketing of oncology products
in Europe.
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AirTel
customer wins Ikon
Hyderabad: AirTel has announced the first prize
winner of the `Sachin se Poochho, Aaj Kya Jeeta'
offer — Mr P. Srinivasa Rao. A resident of Macherla,
Durgi Mandal, Mr Rao was presented with a Ford Ikon on
Monday.
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Excel
Ind to sell land at Amboli
Mumbai: Excel Industries Ltd has signed a memorandum
of understanding to sell its land at Amboli. According
to a company notification to the BSE, the sale is for
Rs 1.75 crore and is subject to compliance of certain
terms and conditions.
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