APIDC puts 62 units on block: In an unprecedented move, the Andhra Pradesh Industrial Development Corporation (APIDC) has decided to put on the block 62 units, promoted and funded by it but have turned sick and beyond revival. In case there are no takers for these, then the corporation is not averse to writing offthe losses in a bid to reduce its NPAs, APIDC chairman N Yethiraja Rao told press persons on Saturday. The total outstanding dues amount to over Rs 70 crore from these 62 companies all which fall within the ambit of Section 29 of the Revenue Recovery Act, he said. The corporation is preparing to call tenders for them soon.

Bond Street Perfumes product: Bond Street Perfumes & Cosmetics Ltd has launched a parfum spray in the market. The product -- Romance Parfum Spray -- is built on exotic base notes imparted by the warmth of patchouli, oakmoss and the mighty of Mysore sandal. The middle note is delicately created symphony of floral ingredients of rose, jasmine, lily and carnation to pay tribute to the romatic spirit of the user, according to a release.Jayaswals Neco director bags award: Jayaswals Neco Ltd director MM Vyas was presented with the Indira Gandhi Priyadarshini award for his contribution to the society and industry. The award was presented by former president Shankar Dayal Sharma. Vyas isan active rotarian and connected with various trusts, social anc cultural organisations.

Ramco, Mecon tie up for ERP business: Ramco Systems has entered into a strategic alliance with the public sector Metallurgical & Engineering Consultants (India) Ltd (Mecon) for enterprise resource planning (ERP) solutions to core-sector industries. The alliance will address the needs of key industry sectors like iron and steel, metals, mining, oil and gas and power, a company release said.