The Hindu Business Line : Tuesday, April 15, 2003

Plaza Cables to set up two units in Himachal
HOUSEHOLD electric equipment manufacturer Plaza Cables is setting up two new units at Baddi in Himachal Pradesh to manufacture house wiring and MCB (miniature circuit breaker) switchgears at a cost of Rs 10 crore. The units would start ... More

Murugappa group's TIAM House for sale
THE `TIAM House', which houses the headquarters of the Chennai-based Murugappa group, and one of the landmark buildings in central Chennai, is up for sale. This follows a "consolidation move" in the Murugappa group, which has rendered a lot of ... More

NEW PROJECTS

Murugappa group plans production base in China
THE Chennai-based Murugappa group proposes to start manufacturing activity in China, the group's Vice Chairman and Director (Business Strategy), Mr M.A. Alagappan, has said. The group already has a representative office in the country. Talking ... More

Bio-technology incubation centre set up in Pune
WITH an investment of Rs 2.5 crore, Mitcon Consultancy Services Ltd, has set up a biotechnology incubation centre in Pune— the first such centre in the country. This centre would act as a facilitator, bringing the lab-to-the-land concept to ... More

Eppendorf plans subsidiary in India
IN a bid to tap the growing biotech market in India, Eppendorf AG, the Hamburg-based biotechnology system supplier, is setting up wholly-owned subsidiary in the country. Based in Chennai, Eppendorf India Ltd would initially look after the ... More

OUTLOOK

Jisco poised to end fiscal in profit
AFTER two years of reporting losses, Jindal Iron & Steel Company Ltd (Jisco) is expected to end the 2002-03 fiscal on a profitable note, facilitated by an upturn in steel prices, improved overseas demand and the company's efforts at driving ... More

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