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Tata
Motors acquires Daewoo Commercial
Mumbai: Tata Motors Ltd yesterday announced the
signing of the investment agreement to acquire Daewoo
Commercial Vehicle Co for a total price of Rs 465 crore.
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Grasim
units in Karnataka stop production
Mumbai: Grasim Industries Ltd has informed the
Bombay Stock Exchange that due to water scarcity in central
Karnataka, it was forced to stop operations at the pulp
and viscose staple fibre plants at Harihar.
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Orchid
gets European clearance
Chennai: Orchid Chemicals and Pharmaceuticals has
announced that the European regulator, EDQM, had approved
the manufacturing facilities for the company's bulk drug,
Cefotaxime Sodium.
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IVRCL
bags order for Rajkot water project
Hyderabad: IVRCL Infrastructures & Projects
Ltd has announced that it has received orders worth Rs
71 crore for the execution of the Narmada Canal Distribution
Network project for Rajkot district water supply scheme
from the Gujarat Water Supply and Sewerage Board .
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Owens
Corning to set up new facility
New Delhi: Owens Corning India Ltd, will be shortly
setting up a glass fibre knitting facility at Taloja.
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Kribhco
wins 3 productivity awards
New Delhi: Krishak Bharti Co-operative Ltd has
won three national productivity awards for the year 1999-2000,
2000-01 and 2001-02.
While
in the year 1999-2000 the cooperative won the second prize,
it won the first prize for the next two consecutive years.
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CESC
to pledge equity to lenders
Kolkata: The Kolkata based CESC Ltd is making arrangements
for pledging 40 per cent of the promoter's equity holding
in the company, in favour of lenders.
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The
Park plans two more hotels
The Park Hotels, a member of the Apeejay Surendra group,
plans to open two more units, one each in Mumbai and Hyderabad.
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Macmillan
India plans IPES business
Kolkata: It is also planning to focus on BPO business
to render information processing enabled services to other
publications.
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Digital
Think to expand in India
Hyderabad: Digital Think India, Hyderabad based
a e-learning management company, has announced plans to
grow the India development centre located here and in
Bangalore.
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Protechsoft
gets CMM Level 4
Chennai: Protechsoft Systems has been assessed
at Level 4 of the Software Capability Maturity Model CMM
Version 1.1 of the Software Engineering Institute of Carnegie
Mellon University, US.
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Aviva
in pact with Wipro
Bangalore: Aviva Plc has selected Wipro Technologies
as a strategic partner for offshore IT outsourcing.
Under
the agreement Wipro will provide a range of IT services
covering application development and maintenance, package
implementation and testing.
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