The Hindu Business Line : Wednesday, June 19, 2002

Tata Engg, BPCL in pact to market co-branded lubes
BHARAT Petroleum Corporation Ltd and Tata Engineering are to market co-branded lubricants. BPCL and Tata Engineering have signed a five-year agreement to market co-branded lubricants. The lubricants are to hit the market soon, according to a ... More

Dr Reddy's fixes book closure

NMDC to pay 25%

COMPANY LAW

Cos general rules, forms amended
THE Department of Company Affairs (DCA) has issued a notification amending the Companies (Central Government's) General Rules and Forms, 1956 to include in Rule 20, Rs 5,000 in place of Rs 1,000 with immediate effect. This forms part of the ... More

ALLIANCES & JOINT VENTURES

Bharat Bio in marketing tie-up with Unichem
Unichem would market four of the key products of Bharat Biotech both in domestic and overseas markets under the Unichem brands. More

INTERVIEW

Jindal Strips cashing in on low interest regime to recast debt
"We would not like to invest any further in buying any capacity, basically because our balance sheet is fully leveraged; we do not want to take more debts." More

SICK UNITS

Tata Construction board recast -- New MD yet to be nominated
THE board of the ailing Tata Construction & Projects Ltd has undergone a total revamp, as all nine directors have lost their eligibility to continue in their posts after the company failed to meet its payment obligations on fixed deposits and ... More

Parry to close down plant
PARRY Confectionery Ltd (PCL) has decided to close down its manufacturing establishment at Manapakkam (Chennai). According to a press release, with increased competition in the market from several multinational players and from imports, the ... More

OUTLOOK

NMDC to focus on diamonds
The National Mineral Development Corporation has also got permits for a reconnaissance project for about 2,300 sq km in Kalyandurg area in the district of Anantapur. More

Apollo bets on hospital management
APOLLO Hospitals Enterprises Ltd (AHEL) will not make any capital investment in the next two years and will concentrate only on setting up and running hospitals for other companies. Speaking to newspersons after releasing the annual results, ... More

Tata Engg working on zero-defect sedan -- Roll-out likely later this year
CAR manufacturer Tata Engineering, whose sedan is waiting in the wings to be launched, has gone into overdrive to ensure that a zero-defect car rolls on the Indian roads later this year. Top company sources told Business Line that two ... More

iSoft likely to get more projects now
THE Chennai software product development centre of iSoft, the UK-based healthcare software provider, is likely to receive increased projects following iSoft's $48.8 million acquisition of the healthcare unit of Northgate Information Solutions, ... More

Siemens bullish on India -- `Full potential yet to be tapped'
AFTER lying low in India for a couple of years now, global telecom major Siemens Ltd proposes to aggressively push its mobile phones in India, giving its competitors such as Nokia and Samsung a run for their money. According to Mr Peter Zapf, ... More

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