Automobiles
Bajaj Auto launches new service system
BAJAJ Auto Ltd has launched Bajaj Advanced Service System aimed at improving the performance efficiency of its dealers. Under the system, Bajaj dealers will be provided with layout plans on how to streamline the service area and also instal hydraulic equ
ipment to improve performance efficiency.
Ford hopes for fair share in D segment
FORD India Ltd (FIL), which has stirred up competition in the D segment with its launch of the luxury car Mondeo, hopes to garner a fair share of the demand in this segment with its `features-rich' model, according to a senior official of FIL.
Stocks
SEBI deletes CSE's maximum fine norm
THE Securities and Exchange Board of India (SEBI) has stepped in and exercised its powers to delete the maximum fine of Rs 25,000 that can be imposed on an erring member of the exchange under the Articles of Association of Calcutta Stock Exchange Associa
tion Ltd.
UTI sells shares of Thomas Cook
NEW DELHI: The Unit Trust of India has also sold 3,14,010 equity shares of Thomas Cook Ltd, equivalent to 2.15 per cent of the company's paid-up equity capital, to Thomas Cook AG and Eurocentre Beteilligungs-und Reisevermittlung GmbH (together as acquire
rs) against an open offer made by them.
Sugar
`Ponni Sugars Orissa is on recovery path'
PONNI Sugars (Erode) Ltd is confident about its prospects despite the depressed sugar market. After a Rs 1.2-crore profit in the first-half, the company expects to do even better in the second-half. Ponni Sugars (Erode) was formed following the demerger
of Ponni Sugars and Chemicals Ltd. Ponni Sugars (Erode) Ltd was hived off as a separate company, and Ponni Sugars and Chemicals Ltd, which was left with the sugar mill at Bolangir in Orissa, was renamed Ponni Sugars (Orissa) Ltd.
