The Hindu Business Line : Wednesday, February 19, 2003

SKF to set up service development centre
THE SKF group, leading player in roller bearings and seals, has chosen India as the venue for setting up its global development centre for services relating to two-wheelers. "Out of the 24 million two-wheelers globally, 20 million are produced ... More

Yokogawa bags MSEB order
YOKOGAWA Blue Star Ltd. (YBL), a process automation company, has announced that it has bagged an order from the Maharashtra State Electricity Board (MSEB) for supply of Zirconia Oxygen Analysers with Yokogawa's cell technology. The order worth ... More

Essar bags water project

AWARDS & HONOURS

Coca-Cola (I) wins Woodruff award
COCA-Cola India has won the company's global business performance prize — `The Robert W. Woodruff Award'. According to a company communiqué issued here, Coca Cola India was one of the divisions that won this award. Company officials ... More

FINANCIAL PERFORMANCE

FAL Industries posts lower net
FAL Industries Ltd has reported a lower net profit of Rs 38 lakh for the third quarter of the current year, as against Rs 41.27 lakh in the corresponding quarter of last year. However, in the first nine months of the current year, the company's ... More

MANPOWER

Centaur board meet may finalise VRS
THE board of the Air India subsidiary, Hotel Corporation of India (HCI), is to meet in Delhi on Friday to discuss a slew of measures to turn around the state-owned hospitality major. During the meeting, a proposal to offer voluntary retirement ... More

HUMAN RESOURCES

Churning at helm of consumer durable cos
The last couple of months have seen a dramatic movement in the top echelons of the consumer durables and electronic industry. The efforts are obviously to put the best team at the helm of affairs with an eye to enhance those sales figures. But ... More

IIM-C attracts hirers from insurance cos, NGOs
THE latest summer placement programme of the Indian Institute of Management, Calcutta (IIM-C) has attracted insurance companies and non-government organisations (NGOs) for the first time. The first-timers to the campus this year included Aviva, ... More

33 cos visit BIM for campus recruitment
THERE has been a significant increase in the number of companies visiting the Bharathidasan Institute of Management (BIM), Tiruchi, for 2003 campus recruitment. So far, 33 companies have visited the campus with 63 per cent of the class placed ... More

MERGERS & ACQUISITIONS

GE, Bechtel close to acquiring Enron stake in Dabhol
POWER equipment majors and equity holders in the Dabhol power project, General Electric (GE) and Bechtel, are close to acquiring Enron's equity 65 per cent in Dabhol Power Company (DPC). GE and Bechtel, which have 10 per cent equity apiece in ... More

REGULATORY BODIES & RULINGS

Meet soon to demarcate DCA, SEBI functioning
TO discuss the overlapping functions of the Department of Company Affairs (DCA) and the Securities and Exchange Board of India (SEBI), the DCA Secretary, Mr Vinod Dhall, is likely to meet SEBI Chairman, Mr G.N. Bajpai, shortly. "I will meet ... More

ALLIANCES & JOINT VENTURES

Mahindra Defence signs pact with Lockheed
MAHINDRA Defence Systems (MDS), a division of Mahindra & Mahindra Ltd (M&M), has signed an agreement with Lockheed Martin Information Systems of UK (LMUKIS), to jointly develop simulators for the Indian defence sector, an official statement said ... More

STANDARDS & BENCHMARKS

TVS stresses on importance of TQM
AS a recipient of prestigious international awards such as the Deming award and the Japan Quality Medal, the TVS group found it natural to hold forth on the importance of Total Quality Management (TQM) at a felicitation function organised by the ... More

OUTLOOK

Sharp Business hopes to double turnover in 2 years
Sharp Business is expecting to have a 20 per cent market share in the LCD monitor segment by March 2005. More

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