Automobiles
Eicher Motors sales up 18.7%
NEW DELHI: Eicher Motors has recorded a 18.7-per cent growth in total sales volume in February over the corresponding period last year. The company sold 837 vehicles during February as against 705 in February 2000.
Corporate
Shantha Marine commissions algae culture facility
SHANTHA Marine Biotechnologies Pvt Ltd (SMBPL) has commissioned its Rs 10-crore marine algae culture facility for the production of vitamin A precursors.
CII office-bearers
COIMBATORE: Mr Mahendra Ramdas, Managing Partner of Mahendra Engineering Works, has been elected the Chairman of the Confederation of Indian Industry (CII), Coimbatore zone, for 2001-2002.
Sony group to produce films
INSPIRATION seems to have taken root at the Sony group of companies. After the success of Crouching Tiger Hidden Dragon, a maiden venture for Sony in the Chinese market, the group is set to storm another bastion. This time, it is the Indian janta that th
e group seems set to wow.
Ultra group to press the buzzer on game-shows
IF the eighties and nineties were the days of the home videos, the new millennium belonged to game-shows on the small screen.
Surana Telecom defers decision on issue
SURANA Telecom Ltd, manufacturer of jelly-filled cables, optical fibre cable and optical devices, has decided to defer the matter of considering issue of bonus shares.
Myriad eyeing tie-ups with Indian biotech cos
MYRIAD Genetics Inc, the Salt Lake City, Utah-based genomics company, is exploring the possibilities of joint research and development initiatives with the Indian biotech industry and research organisations.
GVK forays into bioinformatics
IN tune with the changing contours of business, the diversified GVK group has strategically forayed into the emerging bioinformatics sector through its newly created company -- GVK Biosciences -- and has commissioned its modern techno campus -- GVK Bio.
Veecon-IPA, Japanese co in tie-up
NEW DELHI: Veecon-IPA Gastechink Ltd, an Indo-German joint venture has entered into a technical collaboration with Kuraray Chemical Co Ltd of Japan to introduce second generation PSA (pressure swing adoption) technology for the production of nitrogen.
Electronics
Philips hikes high end CTV prices
PHILIPS India Ltd has hiked prices of its premium range of colour televisions (CTV) by two to three per cent as a result of the MRP based CVD levied on consumer goods in the Union Budget.
Stocks
Market crisis, not even a whimper in Sri Lanka
THE BSE's sensitive index might have come crashing down, there might have been any number of payment crises on the bourses in India and the volatile markets and question marks on the volatility might have led to the resignation of the BSE President Mr An
and Rathi. But last week's dramatic twists and turns on India's bourses hardly found a mention in Sri Lanka's papers.
`SEBI should have powers to enforce regulations'
THE Associated Chambers of Commerce and Industry of India (Assocham) has underscored the need to arm the Securities and Exchange Board of India (SEBI) with ``adequate enforcement powers'' to avoid frequent payment crises.
