Depreciation incentive forces operators to delay purchases The depreciation incentive announced by the finance minister in order to give fillip to the sagging commercial vehicle sector is in fact having an opposite impact in the short term. Sriven to make animation film for Canadian company Sriven Multi-Tech, the Hyderabad-based software development and services company, has received a LoI from a Canada-based company to carry out animation work for its popular television cartoon show. Intas may opt for private placement to part-fund Rs 150 cr growth plans Ahmedabad-based Intas Pharmaceuticals is evaluating the option of a private placement to part-fund its Rs 150-crore investment programme over the next five years. Mascot inks outsourcing contract worth $3.3 m Hero Honda sells 10 lakh bikes in 2000-01 FDC launches new product Whirlpool unveils newrange of refrigerators Ferrari opens showroom in impoverished Indonesia Phillips Carbon Black staysin black with other income Petronet bidders seek legal counsel on escalation clause Sandvik AB acquisition offer gets SAL shareholders' nod HLL targets impulse products market Court asks BSES to pay Rs 52 crore to Tata Power CSIL completes polymer business sale Thirty on-shore employees opt for GE Shipping VRS Kabsons terminates JV with SHV Energy HM plans sales push in southern markets to counter competition The index Briefing Naredco, Icra ink MoU to grade real estate developers, projects
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