JL Morison on the look out for brand takeovers
JL Morison (India) Ltd on Friday announced that it is open to acquiring new brands provided they do not clash with the multinational skin care major's portfolio of 300-odd products. The company is planning to introduce five to six products from the Nivea portfolio in India annually.

Indian Ocean ties up with Taj for onshore hospitality
British West Indies-based Indian Ocean Cruise Line Ltd has tied-up with the Taj Group of Hotels for onshore hospitality. The Taj Group, which has over 50 properties in India and abroad, is also likely to take an equity stake in the Caribbean company.

HCL invests Rs 39.4 crore in technology acquisitions in '99-00
HCL Technologies Ltd has invested about Rs 39.4 crore in technology market acquisitions in 1999-2000. During the period, the company has also forged alliances with five technology funds having a combined corpus of around $1.5 billion.


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  Ashima Ltd launches the Eurosoft Collection
  VSNL plans to enter cellular service arena
  GAIL plans two new LPG pipelines worth Rs 1100 cr
  TVS group to take 74% stake in Royal
  BNPP drags Gujarat government over AML issue