Sunshield Chemicals net at Rs 2 crore: Sunshield Chemicals Ltd (SCL) has posted a net profit of Rs 1.79 crore for the 15-month period ended June 1998, against a loss of Rs 1.99 crore in the previous year. Earnings per share on an equity capital of Rs 368 crore stands at Rs 3.9 per share on an annualised basis. The company has recommended a dividend of Rs 1.50 per share, after a gap of two years. Turnover has risen 45 per cent to Rs 35.41 crore during the 12-month period of 1997-98 from Rs 19.56 crore lastyear.

Voltas, Swedish firm forge pact: Voltas Ltd, the Tata group company, has entered into an arrangement with the BT Industries Group of Sweden to market the latter's complete range of warehouse trucks for internal materials handling. BT Industries is a leading manufacturer of warehouse trucks and have a global marketshare of 20 per cent.

Trafalgar House gets a new name: Trafalgar House Construction Ltd has been renamed as Kvaerner Cementation India Ltd with effect from September 1, 1998. According to the company, the new name is a combination which identifies itself with its international parent company and takes it back to its root. The change in name follows the acquisition of Trafalgar House Plc by Kvaerner ASA of Norway in 1996.

Ficci service package on the Net: The Federation of Indian Chambers of Commerce and Industry (Ficci) has urged its members to use its service package on the Internet, bisnetindia.com, for tapping business opportunities within the country too. In ademonstration of its services held in the city on Tuesday, the chamber said that in the next six months to eight months there will be a significant increase in the use of on the Internet for business in India too.

BSES bags ISO-9002 certification: BSES, the Mumbai-based power utility, has been awarded ISO-9002 certificate for quality control in system. The company had adopted the IS-Quality System for streamlining and continuous improvement of customer service and internal operations in all divisions, including generation, transmission, distribution and electric projects and consumer services, including electricity billing. The certificate has been awarded by the Bureau Vertias Quality International of UK. The power company which distributes electricity in the city's suburban areas has more than 1.8 million consumers. It has a 500mw power plant in Maharashtra and plans to double the generation capacity in the state. It is also setting up power projects in other states as well.

Netherlandsgovernment grant: The government of Netherlands has decided to grant survey vessels costing around Rs 5 crore each to the Mumbai Port Trust (MbPT), the Kandla Port Trust and the Vishakhapatnam Port Trust. MbPT will receive the vessel on September 4. The vessel possessing latest equipments will be used for surveying purposes including determining the depth of the water channels. Kandla and Vishakhapatnam ports will get their vessels during the course of the current fiscal.

Birla AT&T registers highest subscriber usage: Birla AT&T has registered the highest average subscriber usage per month of 120 minutes per subscriber, during the first half of the year. The company has attracted nearly 5,000 new subscribers every month, which translates into a healthy 30 per cent growth rate on a month to month basis with average monthly revenue at around Rs 1,250 per subscriber. A key factor which has put Birla AT&T in a strong position has been its superior coverage, which is further enhanced by its alliancewith other operators of the world one consortium, a company spokesperson said.

Dinesh Munot elected Acma president: ZF Steering Gear (India) Ltd managing director Dinesh Munot has been elected president of the Automotive Component Manufacturers' Association of India (Acma) for 1998-99. Munot was the association vice-president earlier and has been an Acma member for a number of years, a statement said.