The Hindu Business Line : Saturday, June 29, 2002

Rs 20-cr ad spend to add sting to Scorpio
MAHINDRA & Mahindra Ltd intends to spend Rs 20 crore in backing the `Scorpio' brand, the company's new multi-utility vehicle, but has decided against a `brand ambassador'. "They are not worth it," Mr Rajesh Jejurikar, Vice-President-Marketing, ... More

Shareholders approve Infar name change
SHAREHOLDERS of Infar (India) Ltd have approved a resolution which sought to change the name of the company to Organon (India) Ltd. The change is in tune with its desire to align itself with the internationally-recognised Organon name and be well ... More

Omnex sets up division for `Six Sigma'
OMNEX India Ltd, a subsidiary of Omnex Inc of the US, has formed a separate division for offering consultancy on Six Sigma initiatives to companies here, Omnex India's Country Manager-Operations, Mr Arun Kumar, told a press conference here. Mr ... More

PREFERENTIAL ALLOTMENTS

Padmalaya Tele pref shares for promoters

CORPORATE DISPUTES

Spat over Chik shampoo — HLL restrained from `product defamation'
THE skirmish between the Chennai-based CavinKare Ltd and FMCG major Hindustan Lever Ltd (HLL) over their shampoo brands has entered the courts, with the Madras High Court passing an order restraining HLL from resorting to defamation of ... More

NEW PROJECTS

SWC ramping up capacity at Charminar Breweries
SHAW Wallace & Company Ltd is expanding the brewing capacity at Charminar Breweries in Andhra Pradesh from the current level of 26 lakh cases to 77 lakh cases per annum. The company's Chairperson, Ms V.M. Chhabria, mentioned this to the State ... More

BONUS ANNOUNCEMENTS

Sun Pharma to issue bonus pref shares
THE board of directors of Sun Pharmaceuticals Industries Ltd today recommended bonus preference shares, with a face value of Re 1 to be issued in the ratio of 4 preference shares for one equity share held. According to a press release, the ... More

OUTLOOK

L&T division targets 15-20% rise in turnover
THE ECC division of Larsen & Toubro Ltd is targeting a 15-20 per cent growth in turnover for the year and hopes to achieve a turnover of Rs 1,000 crore through its international operations in three years. Last year, ECC recorded a turnover of ... More

PERFORMANCE

Bata India in talks with parent to kick up pace — EGM on July 8 for scheme of arrangement
ADMITTING the performance of Bata India Ltd in the first quarter of 2002 (Jan-March), which led to a net loss of Rs 4.2 crore, was poor, Mr A.L. Mudaliar, Chairman, said the Bata board was now in talks with Bata Ltd, Toronto, on how best to ... More

PEOPLE

Balmy days with Dhirubhai in Aden — A `reliable' friend has fond memories
IN the normal scheme of things, neither the Kukaswada village near Chorwad in Junagadh district nor the Moti Khavdi village some 30 km off Jamnagar would matter to corporate India. That these are not ordinary times is borne out by the intensity ... More

Ambani still `on full life-support systems'
MR Dhirubhai Ambani who was yesterday blessed by the Sankaracharya of Kanchi, today received a `taaveez' (amulet) from a group of maulavis. "The Muslim community is worried about Mr Ambani's health. We need people like him,'' said Maulana ... More

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IA Bharat Darshan scheme for tickets worth Rs 1 lakh

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Poor show by traditional items causes negative export growth

What hampers Indian exports?

In Depth
Gender Justice

Simple Economics

Guide to derivatives

Looking back
Jun. 16-Jun. 22
Dr Reddy's tops in getting US patents

Vanishing cos get show-cause notices

`Bajaj group not breaking up'