The Hindu Business Line : Wednesday, March 05, 2003

Entire Tata car range to hit European market
TATA Engineering's full range of passenger cars - - the Indica, the Indigo Sedan and the Indigo Station Wagon - - will be available in Europe, in both petrol and diesel versions, from autumn 2003, an official statement related to the ... More

INFORMATION TECHNOLOGY

Play Aladdin, not the genie
Smart companies play the master, make technology work for them. The rest let the genie call the shots. More

RESTRUCTURING

SAIL takes up debt recast with SBI
STEEL Authority of India Ltd (SAIL), the largest public sector steel producer in the country controlling around one-third of the country's steel production, has taken up the issue of replacing its high-cost debts with cheaper loans with its ... More

MERGERS & ACQUISITIONS

BILT Graphic merger cleared
THE shareholders and creditors of Ballarpur Industries Ltd (BILT) have approved the merger of BILT Graphic Papers Ltd (BGPL) (erstwhile Sinar Mas Pulp & Paper) into BILT. A statement said the stakeholders of both the companies have consented to ... More

REGULATORY BODIES & RULINGS

Decline in DCA prosecutions

ALLIANCES & JOINT VENTURES

PRO FX ties up with KEF Audio, Celestion
PRO FX, the high-end audio entertainment brand promoted by BPL Ltd, has entered into a strategic partnership with KEF Audio UK Ltd and Celestion to launch a new range of hi-fi audio loud speaker and home theatre systems. KEF and Celestion are ... More

Biogenus, NIO sign pact for blue revolution
BIOGENUS Inc, the Colorado-based biotechnology company and the National Institute of Oceanography (NIO), Goa have signed a memorandum of understanding (MoU) in New Delhi on Tuesday for aquaculture, marine biotechnology and industrial enzymes in ... More

INTERVIEW

GSK will remain marketing-oriented — Mr S. Kalyanasundaram, MD
THE pharmaceutical industry has witnessed quite a few mergers of big companies, one of them being the merger of Glaxo and SmithKline Beecham. Mr S. Kalyanasundaram, who took over as the Managing Director of the merged entity in India recently, ... More

SICK UNITS

Dispute in India Meters over VRS implementation
THE workers and management of India Meters Ltd, a unit of the Bharat Technologies group, are at loggerheads over a separation scheme aimed at bringing down the workforce. The company has suspended operations since January 27 at its ... More

SAIL urged to review Salem Steel sell-off
THE Steel Executives Federation of India (SEFI), the apex body of executives employed in the steel plants owned by Steel Authority of India (SAIL), has urged the SAIL authorities to try out the in-house schemes for revival of the Salem Steel ... More

OUTLOOK

Dabur charts big plans for FMCG biz
THE Rs 1,163-crore Dabur India Ltd is set to scale up its FMCG business, about a month after it formally announced the demerger of its pharmaceutical business from its FMCG business. Speaking to Business Line, Mr Sunil Duggal, Chief ... More

Exide eyeing global arena to boost sales
AUTOMOTIVE batteries manufacturer, Exide Industries Ltd, is looking at international markets to provide a boost to its sales in the near future. The company has marketing tie-ups with firms in the Netherlands and the UK (where it has a 51:49 ... More

TRENDS

Senior UB execs move to Shaw Wallace
CORPORATE crossovers in the liquor industry continues. The latest round has seen two senior executives deserting the UB Spirits Division to join arch-rival Shaw Wallace & Co Ltd. SWC has roped in Mr D.K. Paul as Vice-President, Sales, while ... More

Scoreboard
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line