CORPORATE
ANNOUNCEMENTS
Anti-AIDS drug: Cipla re-submits data to WHO
DRUG company Cipla has submitted the bio-equivalence data for its anti-AIDS drug Lamivudine to the World Health Organisation (WHO), Geneva. Lamivudine is one of the two drugs from Cipla that was dropped from the WHO pre-qualification list in June ...
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ACCOUNTING STANDARDS
ICWAI plans new cost accounting standards
THE Institute of Cost & Works Accountants of India (ICWAI) proposes to come out with a set of new cost accounting standards, its President, Mr H.R. Subramanya, announced here on Friday. Addressing a press conference, he said this was part of ...
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CORPORATE DISPUTES
`Lodha opts out as auditor for Indo Gulf'
INDO Gulf Fertilisers Ltd has informed the BSE that Lodha & Co, auditors of the company, has decided not to offer itself for re-appointment as statutory auditors. Lodha &Co holds office as auditors until the conclusion of the next annual gene
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MANAGEMENT
Workshop for executives in Hyderabad
HYDERABAD: A one-day workshop on Executive Etiquette would be organised by MediaJunction, a training division of a city-based newstracking centre on August 22. It is designed to help corporate executive face the world confidently by ...
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MERGERS & ACQUISITIONS
ITC, hotel subsidiaries to merge
ITC Ltd has decided to consolidate its hotels business and has accordingly proposed to amalgamate its wholly owned ITC Hotels Ltd and other hotel subsidiaries with the main company. The ITC board will consider the proposed amalgamation at its ...
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NEW PROJECTS
Bell Ceramics to expand capacity, product range
BELL Ceramics Ltd, the Gujarat-based maker of ceramic tiles, is expanding its production capacity and product range. The company's Senior Vice-President (Sales and Marketing), Mr A.N. Rangaswamy, told reporters here on Thursday that Bell ...
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Rain Calcining to get $10-m loan from IFC
THE International Finance Corporation (IFC), the private sector arm of the World Bank Group, would provide a $10-million (around Rs 46 crore) loan to Rain Calcining Ltd (RCL). In a press release here on Friday, IFC said it would support the ...
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OUTLOOK
Castrol in cost-cutting drive as crude oil prices escalate
CASTROL India is trying to neutralise the rise in costs because of increase in global crude oil prices through a series of cost reductions and expects to maintain the bottom-line for 2004 as that of last year. "Base oil prices have gone up 33 ...
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