Zensar to expand Pune center
Mumbai: Pune-based Zensar Technologies, a joint venture between RPG Enterprises and Fujitsu Services, is planning to up its headcount from 1860 at present to 3250 in the next one and half years. The company has centers at Pune and China.

The company employs about 1,800 people in India and 60 in China. It plans to increase the total headcount to 3,000 at Pune and 250 in China.

The expansion is necessary if the company has to achieve the target of tripling its revenues by 2008.

Zensar is setting up a "real and virtual" development centre linked to its main centre at Pune which will leverage the improving bandwidth to increase productivity as it would enable people to work from home.

The virtual center will enable remote management if the access is available which then allows for the application framework to be downloaded, then design to be published which is then taken to the central depository. This is then converted to a code and the solution is then developed.
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Santro Zing sales zoom
New Delhi: Hyundai Motor India received over 25,000 bookings for the Santro Xing for the three festivals days of Diwali beginning November 9. This was in response to the festival offer of a price cut nearly Rs40,000 offered by the company during the festival period.

Hyundai had cut the price of the Santro Xing Xe to Rs3,00,001, the Santro Xing Xp to Rs3,09,309, the Santro Xing Xg to Rs3,29,329 and the Santro Xing Xs to Rs3,59,359. For those who booked the car during the offer period will have to pay the full sum by 20 November.
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Amway India to focus on cosmetics segment
Ahmedabad: Amway India, subsidiary of the US-based Alticor Inc, will soon launch over a dozen products in the cosmetics segment. Most of these will be anti-aging products in the high-end market.

Last year Amway launched 10 products in India most of them in the nutrition and wellness segment. The company will launch another 18 products this year.

For Amway, the nutrition and wellness category has emerged as the largest category in India, contributing to about 50 per cent of the total sales. In all, the company sells 55 products in India.

Almost all the products will be launched beginning February 2005.

Amway India's US parent Alticor Inc has invested over Rs150 crore in India. The company has 48 offices and 39 city warehouses across the country and 1,600 service locations. Amway India recorded a turnover of Rs636 crore for the year ended August 2004, a 10 per cent rise over sales of Rs579 for the previous fiscal.
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Premier Auto to launch multipurpose diesel vehicle
Pune: Premier Automobiles (PAL) is planning to launch a multipurpose diesel vehicle called Premier Sigma.

The vehicle is being developed in technical collaboration with an affiliate of Mitsubishi Motors, Chinese automobile company, ROC-Taiwan,. The vehicle would be produced at the Chinchwad facility of the company with an investment of Rs25 crore (from land sale). About 1,000 vehicles would be rolled out per month from April 2005 onwards to increase 1,500 per month by April 2006.

Over the next three years, the company is expected to invest Rs50-70 crore in the Chinchwad facility.

The seven-seater Sigma sports a two-litre diesel engine, roof-mounted air-conditioner for all-round cooling. The design has been taken from Mitsubishi Motors and Premier is planning to import body panels.

The vehicle would be available in two models and four versions - the EX (the base model without air-conditioner and in solid and metallic colours) and the DX (air-conditioner, solid and metallic colours and additional features). The EX price would be Rs3.95 lakh (ex-showroom Pune) and the DX would cost Rs4.35 lakh (ex-showroom Pune).

Sigma gives an average mileage of 19.99 km to a litre of diesel under test conditions. The Sigma has undergone clinical trials and crossed more than one lakh km as test-drive.
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Dabur creates new healthcare division
New Delhi: Dabur India is increasing focus on healthcare and has created a consumer healthcare division (CHD), separate from its fast moving consumer goods (FMCG) business. The company is planning to foray into several new products via the new division.
This restructuring follows close on the heels of DIL demerging the pharmaceuticals business into a separate company, and the CHD is expected to become fully functional by March next year.

This division will look after the prescription-based Ayurvedic medicines under Dabur's fold and over-the-counter (OTC) products that the company wants to increasingly enter into.

Dabur's consumer healthcare business is worth Rs120 crore.
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Sundaram-Clayton forms subsidiary to tap export market
Chennai: Sundaram-Clayton is forming a subsidiary to tap the export potential for automobile components and get the benefits of export incentives.

The company's board of directors has approved a proposal to invest Rs5 lakh in a new company named Auto Indian Engineering (due to be to be incorporated) with Sundaram-Clayton and its nominees holding 100 per cent equity.

The company was getting a lot of export enquiries, especially from companies that wanted to source their requirement of components from India.

The company expects export orders to go up to Rs200 crore in two years going by the spate of orders and enquiries it is receiving.
WABCO Vehicle Control System, UK has a 39.17 per cent equity stake in Sundaram-Clayton Ltd.
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