The Hindu Business Line : Friday, March 21, 2003

Ranbaxy gets US nod for Augmentin syrup version
JUST two months after Ranbaxy's US-launch of the generic version of Augmentin in a tablet form - Ranbaxy today announced that it had received the green signal from US regulatory authorities to launch the bio-equivalent of Augmentin's oral ... More

Toyota to go slow on Corolla bookings
TOYOTA has hit pay dirt with the launch of Corolla and is going slow on booking orders till the backlog is cleared. "We have temporarily gone slow on booking in order to meet the existing demand," a spokesperson for Toyota-Kirloskar Motor Ltd ... More

HUMAN RESOURCES

TNT India lines up in-house MBA
STARTING Thursday, 20 TNT employees in Mumbai are participating in a unique continuing education programme. TNT India Pvt Ltd has tied up with Symbiosis Institute of Business Management, Pune, to initiate an exclusive 18-month in-house MBA ... More

RESTRUCTURING

Corporate debt restructuring — PSU insurance cos may exit term loans
PUBLIC sector general insurance companies have sought to exit from some of the term loans in which corporate debt restructuring is under way. Sources said the insurers have made this preference in view of the solvency pressures, which have been ... More

CORPORATE GOVERNANCE

500 more cos asked to provide data electronically
THE Securities and Exchange Board of India (SEBI) has added 500 more companies to the list of companies that are required to file documents and statements in electronic format with the market regulator. These companies were selected on the ... More

ALLIANCES & JOINT VENTURES

Sankara Nethralaya, TCS ink pact
CHENNAI: The Chennai-based eye care hospital, Sankara Nethralaya, and Tata Consultancy Services (TCS) have entered into a Memorandum of Understanding (MoU) that will see a Hospital Information Management System (HIMS) developed for the ... More

HLL relaunches kids ice-cream portfolio — Ties up with Cartoon Network for promos
KWALITY Wall's, a brand of Hindustan Lever Ltd, has relaunched its kids' portfolio of ice creams with four new products, a new-look Max the Lion, and a summer promotion in association with Cartoon Network, all aimed at further strengthening its ... More

OUTLOOK

Ice-cream biz: HLL to focus on six cities
FMCG major Hindustan Lever Ltd (HLL) is expected to turn around its ice-cream business in 2003, a senior official of the company said. In a bid to drive growth, the company will focus on six cities - the four metros and Bangalore and ... More

India to play a big part in Eli Lilly global plans
PROZAC, the blockbuster anti-depressant drug from Eli Lilly may have reaped its returns before it faced an onslaught from copycat drugs. But the gap between original drugs and its subsequent versions is getting narrowed and blockbuster drugs ... More

Essar Steel hopeful of riding out the slump
THE Essar group Chairman, Mr Sashi Ruia, has called upon the shareholders of Essar Steel Ltd (ESL) to be "a little more patient" as returns in the steel business needed to be viewed in the long-term perspective. Addressing the shareholders ... More

Serum Institute eyes 20% BPH pie
At present, the BPH market is dominated by the three domestic pharmaceutical majors — Dr Reddy's Laboratories Ltd, Cipla and Abbott. More

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