The Hindu Business Line : Sunday, July 17, 2005

Salora International in distribution tie-ups
SALORA International Ltd on Saturday said that it had entered into a supply and distribution agreement with a Malaysian company (who are the main distributors for TEAC Corporation, Japan) to distribute consumer electronics under the TEAC brand in ... More

Kirloskar Oil to develop new products
TO meet the needs of the global market, the Pune-based Kirloskar Oil Engines Ltd (KOEL) plans to develop new products on newer platforms. This would be in the engine segment ranging from below 20 hp to 650 hp, Mr Atul Kirloskar, Chairman and ... More

HARDWARE

Canon expects India to chip in 20-25 pc in S-E Asian revenues
As per the mid-term vision, Singapore and Malaysia are expected to account for 20 per cent of revenues each, while Thailand will account for 15 per cent of revenues in the region. More

FIXED DEPOSITS

FD OPTIONS
Wheels India FD attractive
Wheels India: An investment can be considered in the three-year fixed deposit option of Wheels India. The rate of 7.5 per cent on offer is attractive. The cumulative option is preferred, as it would offer a slightly higher yield ... More

MERGERS & ACQUISITIONS

Bosch hikes stake in Kalyani Brakes
THE Bosch Group has increased its holdings in Kalyani Brakes Ltd to 80 per cent after purchasing an additional 40 per cent holding in the company. According to an agreement, the transaction is based on transfer of shares between promoters ... More

Maha Scooters stake sale: Arbitrator to submit report on Aug 15
THE Maharashtra Scooters stake sale issue may soon be resolved with the arbitrator Mr Justice Arvind Sawant expected to deliver his final report on August 15. According to shareholders who attended the Bajaj Auto annual general meeting on ... More

NEW PROJECTS

Dabur Pharma plans another formulation production plant
Dabur Pharma Ltd plans to set up another formulation production facility, a unit that would fully comply with the guidelines of USFDA. According to Dr Anand C. Burman, Chairman of Dabur Pharma, the factory will be of global standards, one that ... More

OUTLOOK

Healthy order book, stable input costs to drive Man Ind growth
A ROBUST order book, stable input costs and increased capacities are expected to drive Man Industries (India) Ltd's turnover two-fold this fiscal. The company is a manufacturer of submerged arc welded (SAW) pipes and coating systems for ... More

PEOPLE

Aiholli is Kudremukh new GM
MANGALORE: Mr Shankar H. Aiholli has assumed charge as General Manager (Production) of Kudremukh Iron Ore Company Ltd. According to a company release here on Saturday, Mr Aiholli was Additional General Manager earlier. ... More

Sudhir Mulji passes away
MUMBAI: Mr Sudhir Mulji, Executive Deputy Chairman of Great Eastern Shipping, died in the UK following a stroke on July 10 . He was 67. Son of Late Jayantibhai Mulji, Mr Sudhir was a prolific writer with great oratory skills. ... More

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