The Hindu Business Line : Saturday, April 26, 2003

Santro may hit N. American roads under Dodge label
HYUNDAI Motor India's best-selling small car, Santro, is likely to be exported under the Dodge label to North America. Dodge is a brand owned by DaimlerChrysler, which has a 10 per cent stake in Hyundai Motor India's parent, Hyundai Motor ... More

Nagarjuna bags Rs 142-cr orders

COURTS/LEGAL ISSUES

HC declines to extend stay in Jessop case
MR Justice K.J. Sengupta of the Calcutta High Court on Thursday refused to extend the "stay of operation" on the order passed on March 28, 2003, holding that the decision to disinvest shares of the Union Government in Jessop & Co Ltd (JCL) was ... More

RESTRUCTURING

TVS recasts operations in Lanka, ropes in new partner
T.V. Sundram Iyengar & Sons has restructured its Sri Lanka operations, by roping in a new local partner and converting it into a 50:50 joint venture. Simultaneously, the Sri Lankan company TVS Lanka P Ltd has set up a subsidiary, also in ... More

MERGERS & ACQUISITIONS

Vijay Park joins Days Inn chain

NEW PROJECTS

Usha Beltron's new unit by March next
THE one-lakh-tonne-per-annum sponge iron plant that is being set up by Usha Beltron Ltd at Jamshedpur is slated to be commissioned by March next. The facility, along with a 10-MW captive power plant, is being set up at an investment of Rs 107 ... More

TVS Motor to set up three-wheeler unit
TVS Motor Company is contemplating setting up a motorbike manufacturing facility in South-East Asia. Plans in this regard, including the country where the proposed plant will be located, were being firmed up. Besides, the company has decided to ... More

INTERVIEW

`Mauritius is a high-cost economy'
SIX years ago Ajanta Pharma invested $2 million in a pharmaceutical plant in Mauritius aiming to find a gateway to the African market. One of a handful of Indian firms that set up shop in the island at the time, the company is targeting a $6 ... More

DIVERSIFICATION

TCI to diversify into power sector
THE board of directors of Transport Corporation of India Ltd (TCI) has approved a resolution to enable the company diversify into power production and distribution business. The company plans to generate power by conventional, non-conventional, ... More

STANDARDS & BENCHMARKS

Alufluoride gets OHSAS tag
VISAKHAPATNAM: Alufluoride Limited here, the only manufacturer and exporter of aluminium fluoride in the State, has been accorded the coveted OHSAS 18001 : 1999 certification in recognition of the company's conformity to occupational ... More

OUTLOOK

Oracle expects `significant' income from govt sector
"The Government is a huge market and the company is aggressively targeting the sector," Mr Shekar Dasgupta, Managing Director, Oracle India, says. The company is working with almost all the State Governments in the country on various e-governance ini tiatives. More

PERFORMANCE

Good riding on `Victor'
MOTORCYCLE major — TVS Motor — has come up with improved performance for the fourth quarter of the previous fiscal. For the three-month period ended March, turnover increased by about 15 per cent to Rs 663.28 crore on the back of a 12 ... More

Ingersoll Rand: On a smooth road
INGERSOLL Rand has proved yet again that the growth in the road machinery business is indeed going to stay. As expected sales rose 15 per cent to Rs 438 crore. The profits for the last quarter and consequently the full year were pulled down ... More

Scoreboard
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line