Automobiles
HM scheme to swap old taxi cars
HINDUSTAN Motors Ltd (HML) has launched a scheme to swap old taxi cars for new ones in the city, where it enjoys a monopoly market.

Banking and Finance
BoI unveils multi-branch services
HYDERABAD: Bank of India, the Mumbai-based premier nationalised bank, has launched its multi-branch banking services for the first time in the country here on Saturday, linking 20 of its fully computerised branches in the twin cities of Hyderabad and Sec underabad.

Corporate
Wartsila open offer
MUMBAI: The open offer made by Wartsila Corporation to buy 49 per cent public holding of its subsidiary Wartsila India will close on November 6.

Brooke Bond contest winners
HYDERABAD: Film star Venkatesh has shortlisted 50 lucky couples of the recently concluded Brooke Bond 3 Roses contest organised by Hindustan Lever Ltd (HLL) for acting with him in his forthcoming movie.

UTI Venture takes 17.5 pc stake in Strand
UTI Venture Funds has picked up 17.5 per cent equity in Strand Genomics, a bio-informatics spin-off from the Indian Institute of Science.

TN Industrial Explosives comes out of BIFR net
THE Board for Industrial & Financial Reconstruction (BIFR) has discharged Tamil Nadu Industrial Explosives Ltd (TIEL) from the purview of the Sick Industrial Companies (Special Provisions) Act, 1985 (SICA).

Virgin Records to launch `Young Legends'
VIRGIN Records (India), part of the UK-based EMI, is to tap the domestic classical music business potential and plans to launch the `Young Legend series.'

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