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Sunday, August 03, 2003


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I-T dept searches 2 brokerage firms
THE Income-Tax Department today searched the premises of Motilal Oswal Securities and SSKI Securities, two leading stock broking firms here. Mr Mohan Rajan, Image Consultant for Motilal Oswal, confirmed that the I-T Department had searched the ... More

Leyland settles issue with Lankan Govt, bags order for $16 m
ASHOK Leyland has resolved a technical glitch with the Sri Lankan Government over the utilisation of a $ 100 million line of credit from the Union Government. This has resulted in an immediate order for 500 passenger buses and a future order for ... More

Nandas reading fine print in heart centre divestment
THE brouhaha over the divestment of equity in the Escorts Heart Institute and Research Centre Ltd (EHIRC) seems to have resulted in the promoters, the Nanda family, set to go over the process with a fine comb. Responding to a query from ... More

Ramco, Boeing end Enterprise One ties
RAMCO Systems and Boeing have decided to end their three-year exclusive selling relationship of the aviation product, Enterprise One. "It was a strategic decision taken by Boeing and does not reflect any performance problem of Ramco's product. ... More

Take the product to the Design Clinic and take it far
IF your product needs to be `pepped up' in order to compete with the snazzy Chinese and Korean imported fare on the shop shelves, you need not fret about the high cost you need to pay for design consultancy. The National Institute of Design ... More

Strike at vendor DCM may hit Maruti exports
MARUTI Udyog Ltd today said its production for exports might be affected because of a prolonged strike at one of its major vendors from whom the carmaker sources an important engine component. Maruti informed the Bombay Stock Exchange that the ... More


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