Centurion Bank is looking to increase its headcount by up to 50 per cent to support business growth and branch network expansion programme in the next three years. Currently, the bank employs about 1,200 persons, including specialised staff, as recruitment had been done on a limited scale while passing through a bad phase, senior bank officials said. Now the bank is getting ready to more than double its branch network, including extension counters, to 250 in the next three years, and would require additional hands.
Legrand India Pvt Ltd, a wholly-owned subsidiary of €2.9-billion Legrand group of France offering products and systems for electrical installations and data networks, expects a turnover of Rs 27 crore from its voice data image (VDI) products in 2006 in India.
TUV Rheinland, a technical certification major, is expanding its network in India, a senior company official said. The Cologne-based company, with seven branches and 14 major hubs in India, would open three more branches this year, TUV Rheinland (India) managing director Trygve Hoppner said.
PCS Industries Ltd has forged an alliance with IT server company Bull SA to roll out latter’s products and software solutions in India. Under the agreement, the company would offer Bull’s Escala range of RISC servers and provide hardware and software solutions based on power processors, a PCS release said.
iSoft group, a global healthcare software supplier, has posted a 19.25 decline in its net profit for the year ended April 30, 2004 at £10.7 million compared with £13.25 million in the year-ago period. The company reported a 63 per cent rise in turnover to £149.3 million from the previous year’s £91.5 million, a company release said.
Larsen & Toubro has signed a pact with the US-based Zoll Medical Corporation to roll out the latter’s healthcare equipment in India. L&T’s medical equipment and systems business unit would sell and service the American company’s range of defibrillators and automated external defibrillators in the healthcare solutions market.
Amway India aims at a 9 per cent growth in sales turnover this year over Rs 570 crore last year as it would enlarge its product portfolio and enter 300 new cities in the next couple of weeks. “We will introduce 8-10 products every year,” Amway India managing director and CEO William S. Pinckney said.
Geometric Software Solutions has set a tagret of more than 35 per cent growth in topline in 2004-05 in its quest for $100 million (Rs 460 crore) revenues by 2007. The company had revenues of Rs 112.39 crore in 2003-04 and it is expecting a topline growth of 35-40 per cent to Rs 151-157 crore this year.
