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TVS
Motor for new launches at shorter intervals
Chennai: TVS Motor aims to replenish its motorcycle
range with variants at shorter intervals to keep pace
with customers' preference for newer vehicles and improve
its profitability.
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Biocon
to hike foreign equity stake to 60 per cent
New Delhi: Biocon India Ltd has received permission
from the Foreign Investment Promotion Board to increase
the foreign equity stake in the company's paid-up equity
capital to 60 per cent.
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BMC
Soft opens global data centre at Pune facility
Pune: BMC Software, which began its Indian operations
in 2001, has opened global data centre at its facility
in Pune.
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Apollo,
BCCI in MoU
Chennai: Apollo Hospitals has signed a memorandum
of understanding with the Board of Control for Cricket
in India under which it would serve players who are injured
and assess the ages of players selected to represent the
national and state teams.
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Apollo
Tyres increases prices
New Delhi: Apollo Tyres Ltd has increased the prices
of its commercial truck and bus tyres by up to 3 per cent.
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Tata
Motors Rs 1-lakh car in 3-5 years
Kolkata: TATA Motors' car for the common man, priced
at Rs 1 lakh, is expected to see the light of the day
within the next 3-5 years, according to Mr Rajiv Dube,
Vice-President of Tata Motors' passenger car business
unit.
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Andhra
Cements for fresh one-time settlement
Hyderabad: ANDHRA Cements Ltd , part of the Kolkata-based
Duncan Goenka group, is currently negotiating with the
financial institutions and banks for entering into a fresh
one-time settlement agreement.
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Goldstone
Tech to hike capital to Rs 30 crore
Hyderabad: The board of directors of Goldstone
Technology Ltd has approved the hike in authorised capital
from Rs 25 crore to Rs 30 crore and allotment of 61,50,000
equity shares/warrants of Rs 29 each on a preferential
basis.
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Infocom
database portal launched
Hyderabad: Infocomm Network Ltd., a B2B database
management services provider, has announced the launch
of its online database portal - - www.trade-india.com
- - that aims to expand its product portfolio including
credit rating of importers and exporters, interactive
voice messaging system and electronic catalogue design
services.
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