Company News

Apollo Hospital to setup 200 ‘Sugar’ clinics by next fiscal

Private sector health care major Apollo Hospitals has revealed its plans to set up 200 clinics across the country, to provide a comprehensive diabetes management solution.

On Saturday, the company launched two diabetes management clinics under the brand name 'Sugar' on pilot basis in Hyderabad.

The latest launched clinics will provide comprehensive diagnosis and evaluation, education, and treatment, including life-style support to the diabetics.

Further, the clinics will also offer year-long disease management programme, including controlling blood sugar level and early intervention for complications of diabetes.

Big Music inks home-video licensing pact with Paramount

Big Music inks home-video licensing pact with ParamountReliance Anil Dhirubhai Ambani Group's Big Music & Home Entertainment has inked an exclusive home-video licensing agreement with Paramount Home Entertainment.

The latest pact was earlier associated with RPG-owned SaReGaMa in India.

As per view of technical experts, the agreement gives the Big Music & Home Entertainment exclusive home-video distribution rights for Paramount Home Entertainment, DreamWorks Animation SKG and DreamWorks Pictures in Indian and Sri Lankan market.

Jain Irrigation plans to setup a manufacturing hub in Tamil Nadu

Jain Irrigation plans to setup a manufacturing hub in Tamil NaduJain Irrigation, one of the largest micro-irrigation systems manufacturers in the world, plans to establish a manufacturing hub for micro-irrigation systems, PVC Pipes and fruit processing in Tamil Nadu to cater to the Southern States and the export market.

The company has pumped over Rs 65 crore at the facility and plans to invest over Rs 100 crore, which would include facilities to expand production of drip irrigation
equipment and fruit processing facilities.

L&T unit bags order worth Rs 5000 crore in Q2 of FY08-09

L&T unit bags order worth Rs 5000 crore in Q2 of FY08-09Larsen and Toubro (L&T), India's largest engineering and construction conglomerate, has notified that its newly formed Buildings & Factories Operating Company, which is a part of its Construction Vertical has bagged several large-value orders aggregating to around Rs 5000 crore in the second quarter of 2008-09.

The scope of work involves construction of a slew of institutional, commercial, residential and factory buildings.

Core Project and Technologies bags order from KSOU

Core Project and Technologies bags order from KSOUMumbai-headquartered Core Project & Technologies Ltd (CORE) has informed that it has received a prestigious contract from Karnataka State Open University (KSOU) to implement FAIM, its Admissions and Examinations Management System Software.

FAIM is an integrated solution for the administration of courses, examinations and assessment, including both vocational and academic structures.

FAIM is Core's flagship product, presently being used successfully in eight African countries, three Caribbean countries and more than 25 institutions in the UK.

HCL Technologies makes bid to acquire Axon Group

HCL Technologies makes bid to acquire Axon Group HCL Technologies (HCL), a leading offshore IT & software development company, has made a cash offer to acquire UK-based IT firm, Axon Group Plc (Axon).

Under the condition of the offer, Axon shareowners would obtain 650 pence in cash for each Axon share, inclusive of the Interim Dividend. The offer price values the entire issued and to be issued share capital of Axon at approximately £441.1 million.

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