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HLL
to benefit from new Unilever HR move
Mumbai: Hindustan Lever Ltd will be one of the
beneficiaries of a new Unilever human resource initiative
to make all Unilever subsidiaries in Home and Personal
Care more sensitive to feeling market possibilities in
the external environment.
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German
Remedies, Recon Healthcare to merge into Cadila Healthcare
Mumbai:
Zydus Group of Companies has decided to merge German Remedies
Ltd and Recon Healthcare Ltd into the group’s flagship
company, Cadila Healthcare Ltd.
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Modern
Automobile test track coming up near Pune
Mumbai: An ultra-modern test track for automobiles
will be coming up near Pune. Estimated to cost about Rs
500 crore, the test-track will come up on five hundred
acres of land.
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Bharat
Forge Q3 net jumps to Rs 21.4 crore
Mumbai: Buoyed by a substantial increase in exports,
Bharat Forge has recorded a jump in net profit at Rs 21.36
crore for the third quarter ended December 31, 2002, compared
to Rs 6.31 crore in the same period of previous fiscal.
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BSNL
threatens to block cell operators' calls
New Delhi: The battle between the cellular operators
and the basic service providers has taken an interesting
turn as BSNL has taken up cudgels on behalf of basic telecom
operators.
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Yahoo
posts Q4 profit
New
Delhi: Internet media company Yahoo Inc. reported
a quarterly profit versus a year-earlier loss and forecast
a second consecutive year of double-digit gains would
carry revenues above the high-water mark of the Internet
boom.
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Govt
to start secondary market for US-64
New Delhi: The Finance Ministry is working out
ways to create a secondary market for US-64, the darling
of small investors when the now-bifurcated UTI was the
most trusted name in the market.
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Sony,
DD finalise Cup sponsors
Mumbai: Nothing sells like cricket. And there is
a lot at stake - between Rs 350 and 400 crore - as Sony
Entertainment Television and Doordarshan try and woo the
droves of advertisers and brands making a beeline for
television airtime for ICC's World Cup cricket next month.
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Viewers
refuse to bite Zee's Bollywood bait
Mumbai: Zee Telefilms will persist with its strategy
of using Bollywood blockbusters as a driver to win over
larger audiences, despite the relatively lacklustre performance
of the first 16 Thursday-night movies.
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Bombay
Dyeing to overhaul mother brand
Mumbai: Nusli Wadia's Bombay Dyeing & Manufacturing
Co has embarked on an aggressive strategy aimed at a complete
overhaul of the 132-year old mother brand, Bombay Dyeing.
The idea is to tone down popular perception about the
brand and inject a dose of excitement by introducing a
slew of products at lower price points.
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Asian
Paints Q3 net up 27 per cent to Rs 44 crore
Mumbai: Asian Paints reported a 27.1 per cent increase
in third quarter net profit to Rs 43.6 crore as consumers
bought more paint to decorate their houses. Net sales
rose 9.1 per cent to Rs 413.3 crore, while profit before
tax rose 29 per cent to Rs 68.7 crore.
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Tell-tile:
China's welcome here
New Delhi: The Rs 1,500-crore domestic ceramic
tile industry finds it more viable to import tiles from
China and sell them here under local brands.
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