The Hindu Business Line : Wednesday, October 29, 2003

Nagarjuna Const bags Rs 250-cr expressway order
NAGARJUNA Construction Company Ltd (NCCL) has bagged an order involving the construction of a four-lane express highway for the Government of Karnataka worth Rs 250 crore. The project involves the construction of 62.6-km-long road between ... More

Speedstar bowler contest — Mahindras to ramp up Scorpio production
The winner from each city and four wild cards based on the "next fastest basis" will participate in the finals to be held in Mumbai . More

Mukta Arts to roll two projects
One is a film titled `Aitraaz,' to be directed by Abbas Mastan, and the other is `Kisna' (The Indian), to be directed by Ghai. The first film is a thriller, starring Akshay Kumar, Kareena Kapoor and Amrish Puri, while `Kisna' is a musical love ... More

BOC India launches mobile oxygen delivery service
BOC India Ltd, a part of the $6-billion BOC Group Plc of the UK, on Tuesday introduced Oxyline, a mobile oxygen delivery unit service. "We aim at offering the quality gas available at an affordable price," Mr Shekhar Trivedi, National Sales ... More

BEL to pay 70% dividend

AWARDS & HONOURS

NMPT award for Kudremukh
MANGALORE: The public sector Kudremukh Iron Ore Company Ltd (KIOCL) has been awarded certificate of excellence and a momento by the New Mangalore Port Trust (NMPT) for exporting highest quantity of iron ore and pellets during 2002-03. ... More

MERGERS & ACQUISITIONS

Promoters to buy SSI unit for Rs 97 crore
THE Kalpathi family, promoters of SSI Ltd, is set to acquire the company's offshore development centre at Vadapalani in Chennai. The family members, consisting of Mr Kalpathi S. Suresh, Mr Kalpathi S. Aghoram and Mr Kalpathi S. Ganesh, were ... More

NEW PROJECTS

P&H Mine plans manufacturing base in India
The UK-based P&H Minepro Services has decided to create manufacturing facilities in the country jointly with local partners, according to the company's sales director, Mr Ian F. Grant, who is in the city to open P&H's India headquarters. Mr ... More

ALLIANCES & JOINT VENTURES

WorldSpace ties up with Virgin Radio
DIGITAL satellite radio service pioneer WorldSpace Corporation has tied up with British commercial rock music station Virgin Radio as its first international subscription service. Under the agreement, WorldSpace will feature Virgin Radio as a ... More

Cummins okays tech venture with parent
CUMMINS India Ltd (CIL) on Tuesday approved a 50:50 technology joint venture with Cummins Inc for the setting up of Cummins Research and Technology India Pvt. Ltd, which is expected to become operational by January next. Mr Ravi Venkatesan, ... More

New India, Corpn Bank corporate agency agreement formalised
NEW India Assurance Co Ltd today formalised its corporate agency agreement with Corporation Bank. This agreement is a continuation to the memorandum of understanding signed by both parties earlier, officials said. "When we thought of ... More

PERFORMANCE

Cummins India: Exports, new business pay
THE robust numbers for Cummins India is the outcome of its new revenue model - exports and new businesses. After two years of flat performance, Cummins' has recorded robust performance in the last three quarters, primarily due to a gradual ... More

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