THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, December 03, 2001

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Corporate

Airlines
Air Sahara move to raise income
YIELD management is the new mantra at Air Sahara. The private airline is firming up plans to improve yield management with flexi-pricing and innovative frequent flier schemes.

Automobiles


Toyota gets set to hit rural roads, foreign markets
IN two years, Toyota Kirloskar Motors has introduced only one model, although the parent company has nearly 100 models in its stable. Taking its time to establish itself, the company meanwhile rewrote the rules in the MUV segment with the Qualis, which e ven ate into the passenger car segment.

Eicher not averse to divesting stake in textiles, leather
Automobile manufacturer, Eicher Ltd is not averse to exiting from the leather and textile businesses it entered nearly a decade ago to raise foreign exchange, Mr S. Sandilya, Eicher group Chairman and Chief Executive Officer, has said.

Breweries
French wine maker has big plans for India
THE France-based House of Dourthe is optimistic that the Indian wine market is an opportunity waiting to happen, but the high import tariffs at about 400 per cent act as a stumbling block to the growth of this segment.

Corporate
CII plans to set up design task force
CII is setting up a national task force on design to promote the cause of industrial design and design competence in the country, according to the Vice-President, Mr Ashok Soota.

Music industry goes out of tune
HANGING on in quite desperation --that's the story of the music industry, which for the first time in several years, is going through a trough and witnessing negative growth rates.

Signity aims to boost gemstone marketshare
SIGNITY, the European major in synthetic precision machine-cut coloured gemstones, is looking at increasing its marketshare in the country.

Unscathed FedEx plumps for India
THE September 11 incidents have not affected the fortunes of Federal Express, the world's largest express transportation company and global logistic solution provider, which still considers India as an attractive destination.

Steel


Siscol resumes operation after 1-year break
PLANT operations were restarted after a gap of almost 12 months at the integrated steel unit x Siscol (Southern Iron and Steel Company Ltd), promoted by Lakshmi Machine Works Ltd (LMW) and Tamil Nadu Industrial Development Corporation Ltd (TIDCO) on No vember 12.


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