CORPORATE
ANNOUNCEMENTS
Deepak Chaudhuri to succeed Shamsuddin as SWC President
SHAW Wallace has announced that Mr Deepak Chaudhuri, Head of Traditional Businesses, will takeover as the President of the core liquor business with effect from April 1, 2005. He will succeed Mr A.K.M.A. Shamsuddin who is retiring. The company ...
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USFDA inspects Neuland Labs facility
NEULAND Laboratories Ltd (NLL), the city-based pharmaceutical company, has informed the stock exchanges on Monday that its manufacturing facilities at the Bonthapally factory in the city outskirts were successfully inspected by the authorities of ...
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S. Roy Choudhary is HPCL's new Director-Marketing
MR S. Roy Choudhary has been appointed as Director-Marketing in Hindustan Petroleum Corporation Ltd (HPCL), effective May 10. Prior to this, Mr Choudhary was Executive Director - Direct Sales, ...
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MERGERS & ACQUISITIONS
Sundram Fasteners' bid for SN Corp gets panel approval
A FOUR-member evaluation committee of the Department of Public Enterprises (DPE) of the Government of Orissa, overseeing the PSU disinvestment programme of the State, has cleared the Rs 6.25-crore bid of Sundaram Fasteners Ltd for acquiring all ...
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NEW PROJECTS
ACC in talks with Japanese co for consultancy assignment
"ACC's aim is to build an image of being a company with world class expertise in project management consultancy," said the official.
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Coalition of hotels to be owners — The Captain's new creation is a convention centre
CAPT. Krishnan Nair is busy with his next creation. This time it is not a hotel. Having promoted, or rather created, as he likes to say, three five-star hotels under the Leela brand, the captain of the Leela chain of hotels is now working on a ...
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Bannari to foray into refined sugar production
BANNARI Amman Sugars Ltd is planning to foray into production of refined sugar. Having completed the trial run, the company is all set to commence commercial production of the product very soon. The sugar producing major is in talks with ...
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ALLIANCES & JOINT VENTURES
BusinessObjects, in pact with Wipro Infotech
BUSINESSOBJECTS, a provider of business intelligence (BI) products and solutions, has announced its partnership with Wipro Infotech, which seeks to build on a long-standing systems integrator agreement to provide clients with business ...
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SICK UNITS
Trayons revival still in a limbo
THE delay in issuing a Government Order on the rehabilitation of the Travancore Rayons Ltd at nearby Perumbavoor might put off the reopening of the company under the revival proposal already approved by the State Cabinet. The State Cabinet ...
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OUTLOOK
Casio India eyes bigger share in digital cameras
PINNING hopes on the substantial growth being recorded in the Indian digital cameras market, Casio India Company Pvt Ltd has set a target of achieving an overall growth of 20 per cent in business volumes. Casio India is a wholly owned Indian ...
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