Lacoste to expand through malls
Pune: French premium apparel brand Lacoste is all set not only to expand its presence in the market through the malls coming up across the country, but also by offering the consumer a larger product portfolio.
The company says that it intends to woo women, who will now have a larger range to choose from. In keeping with the international trends in womenswear, the company's new range of women's Western wear will have apparel solutions using stretch fabric, contemporary styles and cuts.
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Kenstar unveils new range of Refrigerators
Chennai: Kenstar Kitchen Appliances has launched a range of refrigerators that have been designed to make maximum use of space and are priced at a level that would place them amongst the three least expensive refrigerators in their respective categories.
Kenstar expects to register a turnover of Rs.225 crore in the current financial year, which for the company ends in June. The Videocon group of companies, and their promoters, own the company's equity.
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Hi-Teks unveils IBS
Hyderabad: Hi-Teks Business Solutions Private Ltd. has launched a product entitled Intelligent Business Solutions(IBS). Hi-Teks is a company promoted by former Test cricketer Arshad Ayub. The company says that while accounting package solutions, inventory management and billing and cash register packages were available in plenty in the market, there was no comprehensive software package that could handle the entire spectrum of business management, something that the IBS was specifically designed for. The product will be available in two versions, the SOHO (small office home office) and the extended version for bigger users.
Hi-Teks is the Indian arm of Global Technical Management, Inc., of the US.
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TCS to set up centre of excellence for BizTalk server
Bangalore: Tata Consultancy Services is setting up a consulting practice and a centre of excellence for Microsoft's BizTalk server-based enterprise applications solutions, a Microsoft release said.
Microsoft expects the banking, financial and insurance services vertical along with manufacturing and telecom sectors to be the early adopters of its BizTalk server.
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BHEL starts supply of wellheads to ONGC
Madurai: Bharat Heavy Electricals Ltd (BHEL), has despatched the first assignment of 25 sets of wellheads and Christmas trees each at a function held at Tiruchi.It has to supply 350 sets of wellheads and 390 sets of Christmas trees every year over the next three years. The order is worth Rs.160 crore.
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Wockhardt Hospital bags ABCI awards
Bangalore: At its 43rd annual awards for 2003 for excellence in communication, the Association of Business Communicators of India has conferred two awards to the Wockhardt Hospital & Heart Institute, a Wockhardt release has said. This is the first-time any hospital has won two ABCI awards in the category, it said.
The external magazine category award went to Wockhardt Heart Institute for its quarterly publication Take Heart given to heart surgery patients. The second award was for Wockhardt Hospital's innovation in using digital media to promote wellness in the community.
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Sonalika and MG Rover to produce SUVs
New Delhi: The Rs 1,000-crore Delhi-based Sonalika Group has entered into a technical tie-up with the British automobile major MG Rover to produce SUVs in the country. Sonalika has also tied up with Powertrain Ltd, which is a sister concern of Rover under the umbrella of Phoenix Venture Holdings, to serve as a sourcing base for engine components.

The Sonalika Group company, International Cars & Motors Ltd (ICML), is planning to invest Rs.200 crore towards setting up a facility to manufacture the SUVs and engines in Himachal Pradesh.
The proposed plant in Himachal Pradesh would have a capacity of 24,000 units for SUVs and 50,000 units per annum for engines and would be ready by 2005.
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TVS Motor aims for Rs.3, 000 crore this fiscal
Kolkata: TVS Motor Company Ltd. is hopeful of closing fiscal 2003-04 with a turnover of Rs 3,000 crore. In 2002-03, the company clocked a turnover of Rs 2,726 crore.According to the company, TVS has a 20 per cent share of the motorcycle market. The company has also unveiled the TVS Fiero FX, a 150-cc motorcycle in the premium segment.
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