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Nissan
to enter India
New Delhi: Nissan Motor Company, the third-largest
automaker in Japan, is set to enter the Indian market
by launching its sports utility vehicle, X-TRAIL.
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Bayer
CropScience to launch 4 new products
Mumbai: Bayer CropScience plans to introduce four
new products in the country in the current year. The company
had introduced four products in the Indian market in 2003.
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Krebs
Bio shuts unit
Hyderabad: Krebs Biochemicals Ltd has informed
the stock exchanges that based on the closure order issued
by the Andhra Pradesh Pollution Control Board, it had
stopped the operations in its unit situated at Regadichelika
in Nellore.
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Herbertsons:
Mallya, Kishore fail to agree on UB
Bangalore: The UB group has stated before the Supreme
Court that its Chairman, Mr Vijay Mallya's search for
an out-of-court settlement with Mr Kishore Chhabria to
resolve the dispute for control over Herbertsons Ltd has
not progressed on expected lines.
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Ranbaxy
completes acquisition of RPG (Aventis)
New Delhi: Ranbaxy Laboratories Ltd has completed
the acquisition of RPG (Aventis) SA making it the wholly-owned
subsidiary of the company.
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Deepak
Fertilisers setting up Rs 200-crore isopropyl alcohol
project
Pune: The Pune-based Deepak Fertilisers and Petrochemical
Corporation Ltd on Tuesday said it was undertaking a Rs
200-crore project to manufacture isopropyl alcohol, a
value-added solvent used by the pharmaceutical, agrochemical
and imaging chemicals sectors among others.
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Kinetic
plans to increase motorcycle market share
Bangalore: The Kinetic group finally making aa
transition from a predominantly scooter company to a motorcycle
company.
Ms Sulajja Firodia Motwani, Joint Managing Director of
Kinetic Engineering, maintains that the group is now a
complete two-wheeler company with a vehicle in every segment
and every price point, the group expects its motorcycle
sales' to grow more than that of scooters in 2004-05.
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Britannia
to consolidate milk business in Mumbai
Mumbai: Having exited from the liquid milk business
in Delhi and the Southern markets, the Britannia group
is now trying to consolidate its business in Mumbai and
Pune.
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Ford
reports drop in sales
Chennai: Ford India ended 2003 with total sales
of 42,956 units against 44,683 units in 2002. An increase
in domestic sales made up for the fall in exports during
2003, according to company officials.
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Sutherland
to set up BPO unit in Mumbai
Chennai: Sutherland India, a provider of customer
management services, is setting up a business process
outsourcing centre in Mumbai.
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TVS-E,
Rediff in tie-up
Chennai: TVS-Electronics Ltd today announced that
it has entered into a pact with Rediff.com to sell its
products over the Internet. The products include TVS ribbon
cassettes, TVS ink bank and later, TVS service products.
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175
Sify staff move to Element K
Chennai: Some 175 employees of the e-learning arm
of Sify Ltd were shifted on Tuesday to the Chennai development
centre of Element K, which is engaged in providing e-learning
solutions.
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