Automobiles
Corsa Sport hits market
CLOSE on the heels of its recently launched and hugely-successful Opel Swing, General Motors India Ltd on Monday launched a spruced up version of the Opel Corsa, called the `1.4 GLS Sport', pepping it with more features.
Corporate
Kirloskar Multimedia meet on Sept 28
MUMBAI: Kirloskar Multimedia Ltd has informed the Bombay Stock Exchange that at an AGM to be held on September 28, the board is proposing a special resolution seeking an approval of shareholders for the reduction of issued, subscribed and paid-up capital
of the company from Rs 14.6 crore divided into 14.6 million equity shares of Rs 10 each to Rs 7.3 crore divided into 14.6 million equity shares of Rs 5 each by cancelling the issued, subscribed and paid-up to the extent of Rs 7.3 crore. -- Our Bureau
Midhani to be upgraded
HYDERABAD: Mishra Dhatu Nigam Ltd (Midhani) will be upgraded to meet the emerging bulk requirements of advanced metals and alloys for strategic sectors and it has already demonstrated its capabilities in supplying critical components to defence, space an
d atomic energy requirements, Mr U.V. Krishnam Raju, Union Minister of State for Defence, has said.
New range of washers from Whirlpool
NEW DELHI: Whirlpool of India Ltd has launched the new Whitemagic AquaShower range of washing machines. An addition to the Whirlpool Whitemagic range of washing machines, the Whitemagic AquaShower will be available in two models -- Fully Automatic and 2-
Touch Automatic.
HMT (I) bags Nigerian order
HMT (International) Ltd, a project implementation and trading arm of the machine tools major HMT Ltd, has been awarded a contract for a Rs 23-crore project for Nigeria Machine Tools (NMT).
Global Tele renamed GTL
MUMBAI: Global Tele-Systems Ltd today said it has changed its name to GTL Ltd.
RM Associates opens office in Bangalore
RM ASSOCIATES Pte Ltd (RMA), a Singapore-based human resource solutions company founded by professionals of Indian origin, has opened its office in Bangalore to tap the rich potential available for its specialised business of executive search and selecti
on for leading global corporations. RMA started its operations in India from Mumbai only six months ago and also has a presence in the US, Europe and Asia.
Coca-Cola investment in green initiative
Coca-Cola India has till date invested Rs 47 crore in installing pollution control equipment in the market place. This is in line with the parent company's global Ozone Protection Policy that was formulated and implemented in 1992.
Dinesh Foods new foray
MANGALORE: Dinesh Foods, an offshoot of Dinesh Beedis, has entered the Mangalore and Udupi markets with its coconut milk, pickles, curry powders and fruit products.
PSU
IPCL divestment: Govt to revert to original plan
THE Union Government is set to revert to its original plan for the sale of its 25 per cent equity in Indian Petrochemicals Corporation Ltd (IPCL) to a strategic buyer.
SEBI amends takeover norms -- `Acquirer of PSU can appoint directors'
THE Securities and Exchange Board of India (SEBI) has amended its takeover regulations to allow an acquirer of shares of a public sector undertaking (PSU) from the Central Government to appoint directors on the board of directors of the target company du
ring the open offer period.
Paper/Packaging
BILT board okays Graphic Paper buy
THE board of directors of Ballarpur Industries Ltd (BILT) on Monday accorded its in-principle approval for the acquisition of the entire equity capital of BILT Graphic Paper Ltd (BGPL), formerly Sinar Mas Pulp & Paper India.
Technology
CCMB expertise for biotech start-ups
THE Centre for Cellular and Molecular Biology (CCMB) has donned the role of a consultant and has helped three biotech start-ups firm up their ventures.
