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Corporate Briefs

Delphi to hire 100 more

Delphi Technical Centre, the Bangalore-based centre of the American auto component major, plans to increase the strength of its engineers to 360 from the existing 260 by 2004. “The centre was set up in 2000 and has emerged as the largest Delphi technical centre outside the US,” a company statement said.

Allianz Bajaj

Kerala Hospitality Ltd, a marketing division of Kerala Housing Finance, has tied up with Allianz Bajaj Life Insurance Company to sell life insurance products of Allianz Bajaj.

Apple systems

Apple Computer has introduced 20GB and 40GB iPod digital music players priced at Rs 31,800 and Rs 40,000, respectively. Around 10,000 songs can be stored in the 40GB iPod.

Apollo award

Apollo Hospitals, a healthcare service provider, has been awarded the superbrand status by an independent council comprising the country’s leading marketing and advertising professionals.

Eicher Tractors

Eicher Tractors has signed a memorandum of understanding with Canara Bank for providing finance solutions to farmers buying farm implements.

Online trading

Investmentz.com, an online trading portal, has tied up with ICICI Bank and HDFC Bank to enable investors to directly transfer funds from their Web-enabled bank accounts to their trading account in Investmentz.com on a real-time basis.

Cinthol rating

Cinthol, the flagship brand of Godrej Consumer Products Ltd, has been rated as a superbrand by the UK-based Superbrand Council.

Bank branch

Bharat Overseas Bank Ltd has opened a new computerised branch in Barasat. It has five other branches in Calcutta.

TVS sales

TVS Motor Co has recorded sales of 101,320 units in August clocking an 8 per cent rise over 94,232 units sold in the year-ago period. TVS motorcycle sales in August stood at 62,232 units, a 6 per cent rise over last year.

Hero Honda

Hero Honda Motors Ltd recorded a growth of 6.1 per cent in sales in August 2003 over the corresponding month last year. The company sold 1,45,730 units during the month compared with 1,37,264 units in August 2002.

Parryware

Parryware has been conferred the superbrand status. The firm has been selected out of 711 brands across 98 categories.

Wockhardt

Wockhardt Ltd has launched recombinant human insulin, making India the first Asian country to manufacture and market the product, which will be sold at Rs 129 per unit.

Whirlpool

Whirlpool has launched Duromax voltage stabilisers for refrigerators and airconditioners.


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