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Since 1st March, 1999
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Corporate Briefs

Drug firm to issue bonus

Astrazeneca Pharma will issue bonus debentures worth Rs 62.50 crore to shareholders and the record date for determining the entitlement has been fixed as January 11 next year. The company will issue 8 per cent secured fully paid redeemable non-convertible bonus debentures. Astrazeneca has also got the green signal from the Reserve Bank for the proposed issue, it said in a filing to the Bombay Stock Exchange.


FamilyCredit is increasing the number of its branches in Bengal to 14 from nine. The company has 22 branches in the country and will increase it to 36 by the end of this calendar year. FamilyCredit is the Indian subsidiary of Societe Generale Consumer Finance.


Centuryply has launched a range of decorative veneers called Mystique, which come with dark shades. The company claims that the veneers are eco-friendly, termite-proof and conform to the BIS standards.


Weizmann Forex has opened a branch office at Bagula in the state. Weizmann Forex is a wholly owned subsidiary of Mumbai-based Weizmann Group.

Novatium plan

Novatium Solutions Pvt Ltd will build its infrastructure on Novell Open Workgroup Suite. Novell Open Workgroup Suite provides comprehensive infrastructure and productivity solutions, including SUSE Linux Enterprise server.

SPML order

Subhash Projects and Marketing Ltd (SPML) has bagged a consolidated order worth Rs 137.66 crore. The order includes two packages from the Delhi Jal Board to refurbish the trunk sewerage system in west Delhi.


Ramco Systems has received orders from the US-based handcrafted chocolatier Bissinger’s, Subhiksha and Dutyfree Distribution Services Pvt Ltd. The company will provide comprehensive applications and IT solutions.


Bagrry’s India has launched a range of fruit and fibre mueslis, which is a breakfast cereal, in five variants — apple, strawberry, banana, pineapple and mixed fruit. The cereal is available in 425gm boxes priced at Rs 135 and 1,000gm jars priced at Rs 290.


Re-feel Cartridges Engineering are opening centres in the state and Assam. The company will open one of its centres in Guwahati on January 15.

Tile collection

H&R Johnson has launched its Metallium collection. The tiles are available in 600X600-mm dimension and come in bronze, nickel, zinc, copper and lead effects.

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