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Orchid
Chemicals net profit falls 40%, forms JV with Italian firm |
| |
Orchid Chemicals and Pharmaceuticals
Ltd, the Chennai-based bulk drug manufacturer, has entered into
a joint venture arrangement with Iftituto Biochimico Pavese
Pharma, SPA of Italy. |
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Mather
& Platt (I) demerges three divisions into separate companies |
| |
Mather & Platt (India)
Limited, part of MR Chhabria’s Jumbo Group, has demerged its
three divisions into three separate companies. |
|
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Carborundum
Universal to exit Palakkad unit |
| |
Chennai-based Carborundum Universal
Ltd, part of the Rs 3,900-crore Murugappa group has decided
to divest its stake in the Electrocast Refractory Unit at Palakkad. |
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GE
Shipping net up 35% to Rs 44 crore |
| |
The Great Eastern Shipping
Company has registered a 35.27 per cent increase in net profit
to Rs 44.3 crore for the second quarter ended September 30,
2001, as compared to Rs 32.75 crore for the corresponding quarter
last year. |
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