CORPORATE
ANNOUNCEMENTS
Clinigene gets US pathology body certification
BIOCON'S clinical research arm, Clinigene International Pvt Ltd, has been re-accredited by the College of American Pathologists (CAP) following a recent inspection. The CAP certification is considered the Gold Standard in laboratory ...
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BlueStar Info exits Malaysian venture
LACK of sufficient business volume has forced Blue Star Infotech Ltd (BSIL) to exit from its joint venture in Malaysia. BSIL had set up a joint venture with Mezannine Capital (Malaysia) Sdn Bhd (MCM), an investment company of the Arab-Malaysian ...
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ACCOUNTING STANDARDS
Simplifying Schedule VI of Companies Act — ICAI to seek industry's views on disclosure norms
CORPORATE annual reports may turn slim and user-friendly in the coming months. The regulators are keen on overhauling the existing disclosure requirements under Schedule VI of the Companies Act, 1956 in tune with the current governance ...
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COMPANY LAW
Concept paper for new Cos Act to be ready by month-end
THE proposed Concept Paper for drafting a new Companies Act, essentially to shrink the 658 provisions in the existing Act to less than 300, would be ready by end July. The Paper is being prepared internally by the Department of Company ...
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ALLIANCES & JOINT VENTURES
MCET ties up with Covansys
DR Mahalingam College of Engineering and Technology (MCET) has joined hands with Covansys (India) Private Ltd to offer industry-oriented training to its students on mainframe skills. An MoU to this effect was signed between the Pollachi-based ...
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INTERVIEW
Pricol to invest more as demand picks up
PREMIER Instruments & Controls Ltd (Pricol), a major auto component manufacturer based in Coimbatore, has had a dream run during the last fiscal, recording a 24 per cent growth in sales and more than a 100 per cent growth in profit after tax. ...
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SICK UNITS
Hind Antibiotics revival plan soon
IN line with the announcements made in the new Government's Common Minimum Programme (CMP), the management of the sick public sector undertaking, Hindustan Antibiotics Ltd (HAL), is working on a revival plan for the company. Sources in the ...
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OUTLOOK
LG hopes to triple digital TV sales
LG Electronics India Pvt Ltd (LGEIL) expects the sales of its new digital display projection TVs to touch Rs 150 crore by next year through various marketing initiatives. Speaking at the launch of its TV products , Mr Prasanna Raghavan, ...
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