CORPORATE
ANNOUNCEMENTS
Elico plans to add 10 more countries to export list
ELICO Ltd, a chemical analytical instruments player, has decided to expand to new lines of activity such as chromatography instrumentation this year. According to Mr Ramesh Datla, Managing Director of Elico, the company exported its products to ...
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Khaitan Electricals to get delisted
HYDERABAD: The board of directors of Khaitan Electricals Ltd, which met on Saturday, has approved a resolution for delisting the equity shares of the company from the Hyderabad and Kolkata Stock Exchanges, the company informed the ...
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CORPORATE DISPUTES
Lodha's audit firm opts out of Birla Ericsson
LODHA & Co, the audit firm of Mr R.S. Lodha, has opted out of the statutory auditorship of Birla Ericsson Optical Ltd, the joint venture company between the M.P. Birla Group and Ericsson Cables AB of Sweden. According to the notice issued to ...
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Birlas likely to appoint PR firm
THE Birlas are likely to appoint a professional PR firm shortly to handle the press relations and publicity matters relating to their dispute with Mr R.S. Lodha. This is because, according to sources close to the Birlas, distorted reports have ...
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Birla will: Legal heavyweights get ready
ALL of a sudden, it seems to be the sunshine season for top civil lawyers and barristers practising at the Calcutta High Court, thanks to the impending legal battle over the controversial last will of Priyamvada Birla. According to informed ...
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CORPORATE GOVERNANCE
`Mindset change key for manufacturing excellence'
WHAT does it take to achieve excellence in manufacturing? It is all about bringing about change in the mindset of the stakeholders and making them feel part of the organisation, according to speakers at a workshop organised by the Confederation ...
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IPOS
Prime Focus to have strategic investor — May go in for IPO later
A string of special effect projects from Bollywood has not only resulted in a comfortable order book for Prime Focus but has also prompted it to look at an initial equity offering. "An IPO is on the cards; it is graduating to go on to ...
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OUTLOOK
Tata Motors hopes to sell 36,000 utility vehicles
TATA Motors Ltd hopes to sell 36,000 vehicles - Tata Sumo and Safari - in the utility vehicles segment in the current fiscal. The revenue generated from the same is expected to be around Rs 1,200 crore, according to Mr R.J. Chinoy, Head of ...
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Indsil upbeat on alloy smelter business
IMPROVED production and market environment for its speciality alloy smelter business has helped Indsil Electrosmelts Ltd stage a turnaround in 2003-04. Optimistic on the current dynamism seen for its principal smelter product, low carbon ...
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PEOPLE
New chief for Essar Gujarat
AHMEDABAD: Mr Harsh Shah has been appointed as Gujarat's Resident Director of the Essar Group. Mr Shah replaces Mr R. K. Sukhdevsinghji, who will henceforth be advisor to the Essar Group, based in Mumbai. Mr Shah, who has worked ...
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