Tecumseh to increase capacity at Hyderabad plant
Visakapatnam: Tecumseh Products India Private Ltd, manufacturer of compressors, is hiking the capacity at its Hyderabad plant from six lakh pieces to a million.
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Oil PSUs to consider interim dividends
Mumbai: Oil majors are considering interim dividend. The boards of Indian Oil Corporation and Hindustan Petroleum Corporation would be meeting shortly to consider interim dividend and other PSU oil companies are expected to follow suit.
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Roche scouts for molecule licensing
Mumbai: Roche Scientific Company (India), the 100 per cent Indian arm of the Swiss drug major F Hoffmann-La Roche, is in talks with leading Indian pharmaceutical companies for in-licensing molecules in the in fields of oncology, virology, nephrology.
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SCI gets around fiat on fleet expansion
Mumbai: Shipping Corporation of India (SCI), India's premier line, has evolved a unique way of beating the government's guideline restricting fleet expansion during the divestment process.
It is routing its expansion through new subsidiaries floated by its joint venture Iran-O-Hind.
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Wimco To offer VRS
Mumbai: Wimco Ltd has informed the Bombay Stock Exchange that it has offered a voluntary retirement scheme to its employees at Ambarnath factory in Maharashtra.
It also informed the exchange that the Delhi Stock
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Tatas to retain 4 per cent stake in Haldia Petrochemicals
Kolkata: The Tata group has decided to retain 4 per cent of their 14 per cent holding in Haldia Petrochemicals Ltd (HPL) as part of a deal recently struck with the State Government.
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Bajaj factions meet to arrive at settlement
Mumbai: The two factions of the Bajaj family — Rahul Bajaj with his cousins Niraj, Shekhar and Madhur — and Shishir Bajaj and his son Kushagra today met here to assess the progress of the settlement plan worked out earlier this year.
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Jain Irrigation set to implement Sri Lanka's greenhouse project
Mumbai: Jain Irrigation Systems Ltd has been chosen to execute a greenhouse project that entails setting up greenhouses in Badulla district of Sri Lanka.
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Antony writes to Centre for rehabilitating FACT
Thiruvananthapuram: The Kerala Chief Minister, Mr A.K. Antony, has urged the Centre to retain Fertilisers and Chemicals Travancore in the public sector and also take suitable measures to improve the working of the company jointly with the State Government.
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Hyundai Motor to roll out millionth car by 2006
Chennai: Hyundai Motor India Ltd hopes to roll out its millionth car by 2006. That will be an additional 5,00,000 cars, starting today.
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Kinetic eyes larger share of motorcycle market
Hyderabad: Targeting a larger chunk of the growing motorcycle market, Kinetic Engineering Ltd has drawn up plans to increase its range of motorbike offering including its recently launched executive range of bikes and is eyeing a Rs 1,100-crore turnover this year.
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LG was the largest CDMA handset vendor in Q3
New Delhi: LG Electronics captured leadership in the global CDMA phone market in the third quarter this year by notching up a market share of 23 per cent, racing ahead of previous leaders Samsung and Motorola.
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HSS shelves banking software foray
New Delhi: Hughes Software Systems (HSS), which develops software for telecom companies, on Thursday said it has shelved an earlier plan to get into banking and financial services software as its core business is now growing.
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LogicaCMG opens fifth offshore development facility in Bangalore
LogicaCMG inaugurated its fifth Indian offshore development facility in Bangalore on Thursday.

The new development centre can accommodate some 280 engineers and will carry out development and support activities for LogicaCMG's clients in the UK and the
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