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Saturday, October 16, 2004

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RESEARCH & DEVELOPMENT
Glaxo malaria vaccine trials in new phase
AFTER about two decades of trying to develop a vaccine against malaria, GlaxoSmithKline Biologicals has achieved a breakthrough of sorts. In a proof-of-concept study, researchers with the company have reported that their candidate vaccine for ... More

AWARDS & HONOURS
Awards for interior designers announced
THE Indian Institute of Interior Designers (IIID) has announced awards for 13 designers in six different categories for the year 2003. Announcing the awards at a press conference here on Friday, Mr Srikanth Nivsarkar, IIID's President, said the ... More

INSIGHT
Calibrating competition
THE Viewpoint column on October 9 titled `Compete or perish' had logically examined the regulatory check contained in Press Note 18, giving an indication that PN 18 is against "free competition" or that domestic ... More

COURTS/LEGAL ISSUES
HC orders police protection to Kovalam Hotel
A DIVISION Bench of the Kerala High Court on Friday directed the police to see that that there was "free ingress and egress" for staff of the Kovalam Hotel, its customers and clients. The Bench comprising Mr Justice M. Ramachandran and Mr ... More

MANAGEMENT
Two-week training for corporate managers in Japan
BANGALORE: The Confederation of Indian Industry and AOTS (Association for Overseas Technical Scholarship) are jointly organising a two-week training programme on `Corporate management for India (IDCM) for company-wide problem solving' at ... More

HUMAN RESOURCES
Over 50,000 enrol at The Hindu Opportunities Fair
THE Hindu Opportunities Fair, which opened on Friday in the city, was a big draw, with over 50,000 job seekers having registered themselves for meeting with potential employers. Today — the first day of the three-day event — ... More

Rising per-hire cost, attrition bugbear of BPO firms
RISING per-hire costs, attrition, problems of `bad hire' and choosing the right hunting ground for recruitment are among the challenges that HR managers of person-intensive BPO companies face today. At a seminar at The Hindu ... More

Delhi to host global HR meet from Nov 22
INDIA will be hosting the 33rd world conference and exhibition of International Federation of Training and Development Organisations (IFTDO) in Delhi from November 22-25. The Switzerland-based global apex human resource development ... More

MERGERS & ACQUISITIONS
Indian promoters up stake in Gillette; US parent pares it
AFTER completion of a complex restructuring, the Indian promoters in Gillette India Ltd (GIL), the Poddar group, appear to have hiked their stake by 3.17 percentage points during the third quarter ended September even as the US-based parent ... More

Sona Koyo to pick up 21 pc stake in French firm
LEADING auto components maker Sona Koyo Steering Systems Ltd on Friday said it would invest euro 5 million (about Rs 28.5 crore) in an auto components manufacturing firm in France as part of its plans to expand globally. Sona Koyo will buy a ... More

NEW PROJECTS
Gujarat Ambuja on capacity expansion drive
GUJARAT Ambuja Cements Ltd , the country's fourth largest cement manufacturer, is executing a Rs 2,200-crore capacity expansion drive aimed at hiking its capacity to 20 million tonnes over the next three years, from 13.7 million tonnes. The ... More

Sterlite Iron inks MoU with Orissa for 5 mt steel plant
STERLITE Iron and Steel Company Ltd, a Sterlite Group company, has signed a memorandum of understanding (MoU) with the Orissa Government for setting up a five million-tonne steel plant in Keonjhar district of the State. The Rs 12,500-crore ... More

REGULATORY BODIES & RULINGS
CLB directs trust to retransfer Birla Corp shares to itself
THE Company Law Board (CLB) has directed All India Hindu (Arya) Dharma Seva Sang Trust to retransfer to itself by October 30, as many as 27,480 shares of Birla Corporation Ltd held by it. The Bench was considering two applications filed by ... More

OUTLOOK
Canon India hopes to achieve Rs 270-crore turnover
CANON India Pvt Ltd hopes to achieve a turnover of Rs 270 crore during the year ending December 31, 2004. In 2003, the company recorded a turnover of Rs 230 crore, according to Mr Alok Bharadwaj, Director & General Manager (Consumer Imaging & More


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Top Stories
Gujarat Ambuja on capacity expansion drive


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