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Cadbury
set to buy Orangina from Pernod
French drinks group PernodRicard
on Wednesday said it was close to selling the country’s second-biggest
soft drinks brand, Orangina, to Cadbury Schweppes in a 700 million euros
($593 million) deal.
RCI
launches travel company
RCI (Resort Condominium International) India Pvt Ltd has launched its
travel company - RCI Travels Pvt Ltd - which will be headquartered in
Mumbai. The timeshare vacation exchange company based in Bangalore has
positioned the new company as a single window for travel related services
for offering customised services to it members and non members.
V&S
International plans business expansion
Readymade garment-maker V&S International, which has factories
at Okhla and Gurgaon, has decided to expand and diversify its business.
HC
stays infringement of Hitachi grill design
The Delhi High Court has granted a stay against infringement of the grill
design of Hitachi air-conditioners. Amtrex Hitachi Appliances Ltd (AHA)
had filed a suit in the court for permanent injunction against parties
who have been manufacturing and selling the air-conditioner front grill
with a design similar to the registered design of Hitachi.
Corporate
growth down 52.45 per cent in March
Reinforcing the economic slowdown in India, corporate growth registered
a 52.45 per cent dip to 2,121 company registrations during March, 2001,
as against 4,461 registrations in the corresponding period of the previous
fiscal.
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