The Hindu Business Line : Monday, April 11, 2005

Pharma research: DST begins interaction with industry, academia
THE Department of Science and Technologyexpects to release funds for entrepreneurs before the end of this year as a part of the Rs 150-crore Budgetary allocation made towards pharma and biotech research. With the IPR regime in place, it has ... More

ANNOUNCEMENTS

Maruti unveils new-look Omni
MARUTI Udyog has announced the launch of a new-look Omni with an upgraded engine to meet the Euro III norms. The Omni comes with a new front grille, clear lens headlamps, graphics on the side body and a new rear view mirror. Changes have also ... More

OPEN OFFERS

S&P hikes offer price for Crisil to Rs 775
THE global rating agency Standard & Poor's has raised the price of its open offer for Crisil's share to Rs 775. The offer was earlier priced at Rs 680 per share. At the same time, S&P has also increased the offer size by 10 percentage points More

NEW PROJECTS

Simbhaoli plans new model to double capacity
SIMBHAOLI Sugars Mills Ltd (SSML) has said it would double its existing sugar production capacity through a combination of brownfield expansion and establishing facilities for `off-season' processing of in-house and imported raw sugar. The ... More

Sybly Industries to expand Ghaziabad unit
SYBLY Industries Ltd, a manufacturer of polyester yarn and mercerised cotton yarn, is expanding and modernising its textile unit at Muradnagar in Ghaziabad at a cost of Rs 25 crore in two phases. The cost for the first phase, involving ... More

ALLIANCES & JOINT VENTURES

Hindalco in pact with UAE co to make aluminium foils
The initial production run for Foodco will comprise 86,000 cases per annum. More

INTERVIEW

`CIAL is now a cash-rich company'
HAVING turned around and posted profit and dividend within five years, the Cochin International Airport Ltd has been a success story among the infrastructure providing companies in India. The first airport in the country to have been ... More

SOCIETY & DEVELOPMENT

GAIL donates mobile van to Akshaya Patra in Bangalore
Mr B.S. Negi, Director (Business Development) GAIL, and Dr U.D. Choubey, Director (Marketing), GAIL, flagged off the van at Iskcon, Bangalore on Sunday. The custom-built vehicle will be used to transport free mid-day meals to the ... More

OUTLOOK

Voltas betting big on overseas projects — Hopes to corner Rs 1,000-cr revenue by 2008
TATA Group company Voltas Ltd is increasingly betting on its international projects to grow its business. With contracts for several big ticket global projects in hand, the air conditioning and engineering services provider is expecting its ... More

Bokaro Steel sees rise in turnover
BOKARO Steel Plant , one of the four integrated units of Steel Authority of India Ltd (SAIL), on Friday announced that it has recorded vast improvements during the 2004-05 financial year. According to Mr U.P. Singh, Managing Director of the ... More

Kalpataru Power plans to lay oil, gas pipelines
POWER transmission equipment company Kalpataru Power Transmission Ltd (KPTL) plans to enter the business of laying oil and gas pipelines. The Rs 362-crore company is part of the Kalpataru Group that has interests in the construction business. ... More

PERFORMANCE

Igarashi Motors' annual turnover tops Rs 100 cr
IGARASHI Motors India Ltd's turnover for 2004-05 has crossed the Rs 100-crore mark compared to Rs 50.56 crore in the previous year, the company's Managing Director, Mr P. Mukund, told shareholders recently. Igarashi Motors manufactures ... More

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