The Hindu Business Line : Thursday, March 17, 2005

Jaypee Group to bid for Saudi Arabia sewerage project
JAIPRAKASH Associates Ltd, better known as the Jaypee Group, is trying to reach out to the international markets and is bidding for a sewerage and drainage project in Saudi Arabia. "We would form a strategic partnership with a local company to ... More

Orchid in marketing tie-up with US co STADA Pharma
ORCHID Chemicals & Pharmaceuticals Ltd today announced that it has entered into an exclusive agreement with STADA Pharmaceuticals Inc (STADA), the US subsidiary of STADA Arzneimittel AG, for the development and supply of six prescription generic More

Rajesh Exports bags order from UAE firm
RAJESH Exports Ltd announced today that it has received an order for Rs 132 crore from Excel Goldsmiths, a UAE-based company, for the export of 22-carat designer jewellery. As per the terms of the contract, the order has to be executed over a ... More

BPCL launches vehicle care centres
BHARAT Petroleum Corporation Ltd has launched a new concept of `Vehicle Care Centres' at its retail outlets. These centres would provide basic servicing facilities for cars. Customers will be required to register themselves and become members of ... More

COURTS/LEGAL ISSUES

Trademark violation: HC makes interim injunction absolute
THE Madras High Court has held that infringement of a registered trademark by other persons would be illegal and any attempt to offend the law would be forbidden by grant of an interim injunction. Responding to a petition filed by a ... More

HUMAN RESOURCES

Sharp increase in salaries at IIM-A placement week
"IT is a great year to be graduating." It sure must be so for 26-year-old chartered accountant Mr Ravi Singhvi, a student of Indian Institute of Management, Ahmedabad, who has been picked up by HSBC Bank for $1,52,000 per annum. "After I ... More

NEW PROJECTS

CPCL plans polypropylene plant
CHENNAI Petroleum Corporation Ltd (CPCL) proposes to put up a Rs 1,200-crore polypropylene plant, the company's Managing Director, Mr S. V. Narasimhan, told journalists here today. "It is an attractive investment," he said, basing his view on ... More

ALLIANCES & JOINT VENTURES

Aeronautics: Belgium agency plans collaboration with Indian cos
AWEX, the export agency representing Belgium's Wallonia region, is exploring collaboration opportunities in aeronautics and space between Belgian companies and the Indian private sector, according to its CEO, Mr Philippe Suinen. The agency's ... More

INTERVIEW

`Greater interest in financial planning here'
THE Financial Planning Standards Board, USA, plans to step up its presence in India, courtesy agenda worked out by its local affiliate. The board currently operates certification programmes for planning organisations in nearly 20 countries. ... More

SOCIETY & DEVELOPMENT

UNIBIC gesture to war widows
CONTINUING its wartime legacy in Australia, UNIBIC Biscuits India Pvt Ltd, an arm of the Australian biscuit company UNIBIC, has decided to set apart 3 per cent of ANZAC cookies sales turnover on limb replacements and welfare of jawans. The ... More

Jamshedpur in UN global compact cities
THE city of Jamshedpur, developed and managed by Tata Steel, has been chosen as the first South Asian city to join the select band of six cities in the world for the United Nations Global Compact Cities Pilot programme. The other five cities are ... More

OUTLOOK

TVS Motor targets 1.2 m vehicle sales this fiscal
TVS Motor Company Ltd hopes to sell 1.2 million two-wheeler units during the year ending March 31, 2005. This will translate into a turnover of around Rs 3,000 crore. In 2003-04, TVS Motor sold 1.1 million two-wheeler units, thereby ... More

MICO sees rise in supplies to parent co Bosch
The company also said that it was bullish about growth in the domestic market. More

Satnam Overseas eyes Rs 800-cr sales in 2 years — To increase focus on branded rice, ready-to-eat products
SATNAM Overseas is eyeing a sales target of Rs 800 crore — a 60 per cent jump — within two years. The company plans to achieve this target by enhancing focus on the branded business and defocusing its twin businesses of basmati ... More

Jaiprakash Hydro plans debt refinance of Baspa project
JAIPRAKASH Hydro Power Ltd (JHPL) would look for refinancing its debt on the 300-MW Baspa hydel project in Himachal Pradesh. Mr Suren Jain, Director of Jaiprakash Associates Ltd (JAL), the holding company of JHPL, said that refinancing would ... More

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