The Hindu Business Line : Wednesday, May 04, 2005

Leyland to float company to trade in used trucks
ASHOK Leyland proposes to promote a company that would trade in second-hand trucks, the company's Managing Director, Mr R. Seshasayee, confirmed to Business Line. The move has been on the cards for more than a year now. He said that the ... More

Zydus Cadila launches pain relief patch
ZYDUS Cadila Healthcare has launched an indigenously manufactured transdermal patch for pain relief with the popular anti-inflammatory drug `Diclofenac'. To be available only on medical prescription, the `NuPatch' would administer a constant ... More

INSIGHT

Concept of a corporate religion
IN THE current commercial milieu, it is not only products which compete with one another, but also concepts that come into play. Companies must be able to portray and project their philosophy -- both internally and externally -- because they are ... More

HUMAN RESOURCES

Staff suggestions help BHEL
NEW DELHI: Bharat Heavy Electricals Ltd has saved about Rs 40 crore during the last fiscal by implementing various suggestions received from its employees. The company has achieved significant savings of nearly Rs 40 crore during ... More

NEW PROJECTS

Super Spinning keen on expansion — Looking at options to infuse additional equity
SUPER Spinning Mills Ltd (SSML), a member of the Sara Elgi group and an integrated textile manufacturer, is looking at tapping new market opportunities by expanding its textile value chain. The Rs 360-crore SSML is set on expanding its ... More

Dabur Pharma to invest Rs 300 cr in expansion, R&D
DABUR Pharma Ltd is planning make investments of over Rs 300 crore for expanding its manufacturing capabilities and increasing its research and development activities. And it is trying to rope in foreign investors including IFC to invest in the ... More

Triveni to set up 3 sugar units
"Our capacity is expected to double in the next three years." More

Essel Propack US plant investment
MUMBAI: Essel Propack has announced investment plans of $15 million for its manufacturing facility at Danville in the US. This was firmed up during the meeting at Mumbai with a Virginia trade delegation, led by Governor Mr Mark R. Warner. ... More

REGULATORY BODIES & RULINGS

FDA crackdown on Asian Sky
THE Food Drug Administration (FDA), Maharashtra, on specific complaints, has carried out raids on the warehouses of Asian Sky Shop, a tele-marketing company, on May 2 and sealed medicinal drugs and cosmetics worth Rs 76.41 lakh, according to a ... More

ALLIANCES & JOINT VENTURES

Godrej ties up with German co for total security solutions
GODREJ & Boyce has tied-up with Tescon of Germany for marketing comprehensive security solutions in India. Considered to be a small but growing market in the country, comprehensive solutions are in demand at important installations, government .. More

Metropolis to offer lab services in Seychelles
METROPOLIS Health Services (I) Pvt Ltd, a chain of diagnostics centres across India, has formed a three-year strategic alliance with the Ministry of Health, Government of Seychelles, to manage clinical laboratory services. Metropolis will set ... More

DIVERSIFICATION

Dabur diversifies into soaps, expands OTC medicine range
IN a bid to diversify its product portfolio, Dabur India Ltd (DIL) has entered the toilet soap market besides expanding its over-the-counter (OTC) medicine range with 10 new additions over the next few months. The company has begun test ... More

Quipo to diversify, invest Rs 300 cr
INDIAN Infrastructure Equipment Ltd (IIEL), India's first equipment bank and rental solutions company, plans to diversify into ports and railways in the next 8-9 months. The company, which has invested Rs 171 crore since inception in 2001, is ... More

OUTLOOK

Tata Motors sub-one tonne CV Cub to roll out on Friday
According to sources, the `Cub' is a low-cost intra-city goods transportation vehicle designed after taking into consideration the evolving requirements of niche segments of the industry. More

Ranbaxy to rejig branded biz in US
THE US market continues to be problematic for Ranbaxy Laboratories Ltd. While the pricing pressures in the region remain, the poor off-take of some of its branded generic products has led to the company rejigging its range of drugs. For ... More

Toyota Kirloskar Auto Parts to ramp up capacity
Toyota Kirloskar is a global resource for the International Motor Vehicle project, making and supplying R type manual transmission to seven vehicle assembly plants of Toyota across the world. More

Sampre Nutritions to focus on facilities upgrade, brand building
The company was looking aggressively at the exports market and has already firmed up initial export plans to Africa and Dubai. More

PERFORMANCE

GM sales rise 58 pc in April
GENERAL Motors India registered an over 58 per cent growth to 2,214 cars in April as against 1,401 cars sold in the same month last year. The Tavera accounted for a significant proportion of sales in the month with 1,603 units. This was ... More

PEOPLE

BBC's resident director quits
THE BBC World's Resident Director for India, Mr Vinod Bakshi, has decided to move on after spending over five years in the organisation. Commenting on this, an official spokesperson said, "Mr Vinod Bakshi has made significant contributions to ... More

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Leyland to float company to trade in used trucks

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In Focus

BHEL Disinvestment

China's revaluation