The Hindu Business Line : Sunday, July 04, 2004

ANNOUNCEMENTS
Apollo Hospitals in talks with AEC, Gujarat Govt for medical insurance
APOLLO Hospitals is in talks with Ahmedabad Electricity Company (AEC) and the Gujarat Government to create a self-funded medical insurance scheme for electricity consumers and Amul's members, respectively. The hospital in Ahmedabad, Apollo ... More

e-Charge ties up with BPCL to distribute pre-paid products
E-CHARGE (Tech) Pvt Ltd, a subsidiary of Mercantile Pacific Group of Australia, has joined hands with Bharat Petroleum Corporation Ltd (BPCL) to distribute electronically pre-paid products such as mobile phone cards, Internet cardsand calling ... More

RESTRUCTURING

L.G.B seeks nod to hive off units

NEW PROJECTS
Pulse Pharma plans therapeutic nutrition unit
PULSE Pharmaceuticals Pvt Ltd, the city-based Rs 12-crore company, is expanding its manufacturing capacities by setting up a new facility in therapeutic nutrition in Himachal Pradesh. Announcing this at a press conference here on Friday, the ... More

STANDARDS & BENCHMARKS
TUV Rheinland sets up office in Coimbatore
COIMBATORE'S emergence as the industrial manufacturing hub has attracted the German quality certification agency's Indian arm, TUV Rheinland (India) Pvt Ltd, to open its full-fledged office here. TUV Rheinland has tied up with a local partner ... More

SICK UNITS
Pennar Ind to seek HC nod for debt revamp
WITH lenders having approved a major debt restructuring package recently, Pennar Industries Ltd, an ailing cold-rolled steel manufacturer, is now in the process of making an application to the Andhra Pradesh High Court seeking approval for the ... More

OUTLOOK
SKF sees growth in bearings demand — Ties up with Texmo to increase rural presence
SKF India Ltd (SKFIL), a major manufacturer of bearings and oil seals, riding on the boom witnessed by the automobile and manufacturing industries, looks for a better performance during the current year than the previous year's 19 per cent ... More

Essar Steel's portal targets Rs 5,500-cr sales in '04-05
The bottom line at clickforsteel.com is that prime steel has become available at rates that are 5-10 per cent lower than that available through the traditional multi-tier dealer network. l More

Ford India starts second shift to meet Endeavour demand
WITH a six-to-eight-week waiting period for its popular sports utility vehicle, Endeavour, Ford India Ltd has started a second shift at its Maraimalai Nagar plant, near Chennai, to produce more vehicles. At present, Ford India produces about ... More

TRENDS
FMCG cos seek to pep up profits thru lower tax bill
PRESSURED by waning pricing power and rising input costs, FMCG companies are looking to pep up their profit growth by pruning their tax bill. Companies such as Dabur, Godrej Consumer, Marico, Colgate-Palmolive India, Cadbury India and ... More

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