| In talks with Nepal govt to break IOC supply monopoly | 24-NOV-09 |
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| Essar Oil has approached the Nepal government for supplying petroleum products. If the proposal is accepted, it will break the monopoly of Indian Oil Corporation, which retails petroleum products in the land-locked country along with the Nepal Oil Corporation (NOC). Nepal is not a very big market and is estimated have an annual demand of 720,000 tonnes of diesel and 1,40,000 tonnes of petrol. Essar currently supplies only small quantities of fuel oil to Nepal. |
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| D&B launches 'trust seal' for smaller units | 24-NOV-09 |
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| When an overseas customer wishes to do business with an entrepreneur in India, the customer may not be sure about the credibility of the entrepreneur. What helps is a recognised neutral third party validating the entrepreneur and his business. |
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| Idea launches GSM service in Assam | 24-NOV-09 |
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| Aditya Birla Group-owned Idea Cellular today launched its GSM mobile service in Assam. With this, the company is in near completion of its pan-India network rollout with presence in 21 telecom circles in India. |
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| Jute mills' body seeks to reinvent self as member breaks ranks | 24-NOV-09 |
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| Nearly a decade and a half ago, a leading south-India based group with four sugar factories resigned the membership of Indian Sugar Mills Association (ISMA) leaving the industry then guessing about the compulsion of the move. What, however, was of some comfort for ISMA was that the group gave a commitment that it would neither work at cross purposes with the association nor would it ever say anything critical about it. |
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| Lifeclinic plans 100 health kiosks | 24-NOV-09 |
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| Lifeclinic India, a part of Lifeclinic International that manufactures and distributes automated blood pressure monitors and health stations, will set up about 100 anytime self-testing health kiosks, on the lines of public telephone booths, in Andhra Pradesh. |
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| State-wide campaign to 'refurbish' BJP image | 24-NOV-09 |
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| BJP’s Karnataka unit today asked party wor-kers to undertake a state-wide campaign to “refur-bish” the party’s image to ensure that the recent dissident activity does not have an adverse impact on its poll prospects in the December 18 election for the state legislative council. |
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| Implement mechanism to reduce delay in licence renewal: IBAI | 24-NOV-09 |
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| The Insurance Brokers Association of India (IBAI) today demanded implementation of a mechanism to reduce delays in renewal of licences and dub-bed the recommendations of the Swarup Committee as being “unpractical” and “misconceived”. |
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| Shalimar Paints plans Rs. 55 crore facility in Chennai | 24-NOV-09 |
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| As parts of its expansion plans, Shalimar Paints Ltd (SPL), a leading paint manufacturing company in the country, is planning to set up a new paint manufacturing facility at Gumudipoondi, near Chennai, at an investment of Rs. 55 crore. |
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| Insurance brokers insist on speedy licence renewal | 24-NOV-09 |
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| The Insurance Brokers Association of India (IBAI) today demanded implementation of a mechanism to reduce delays in renewal of licences and dubbed the recommendations of the Swarup Committee as being “unpractical” and “misconceived”. |
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| Karnataka plans jaggery park | 24-NOV-09 |
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| Even as the sugar industry is competing with jaggery makers for a larger share of cane for their mills, the Karnataka government has initiated steps to popularise new sugar-rich cane varieties suitable for jaggery making and increase productivity of jaggery units. |
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| BoB, Andhra Bank risk JV may kick off in Dec | 24-NOV-09 |
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| Bank of Baroda (BoB), Andhra Bank and Legal & General’s insurance joint Venture, IndiaFirst Life Insurance Co, has received all regulatory approvals for its products, and would launch operations in the second or third week of December, P Nandagopal, chief executive officer, IndiaFirst Life Insurance, said. |
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Content Guide
