Biz briefs

Aug 31, 2010 |
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IT firm Sanovi Technologies India has bagged disaster recovery projects under the APDR Programme from the states of Rajasthan, Uttar Pradesh, Madhya Pradesh and Karnataka.

Van Heusen is going for a portfolio expansion, including getting into sportswear category, by next year as part of plans to achieve a sales of over `550 crore this fiscal.

ACIL Cotton Industries on Monday said it has entered into contract farming with farmers of Sunderhagar, Gujarat, for cultivating organic crops over 173 acres of land.

Punjab National Bank has increased fixed deposit rate by 25 basis points on select maturities. It has realigned the rate of interest on retail term deposit with an
increase of 25 bp.

Hindustan Petroleum plans to buy out the balance 50 per cent stake in its JV Prize Petroleum Co Ltd held by financial institutions, and merge with its own exploration and production division.

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“It went too soon, too soon That age when cats fiddled And cows jumped over the moon...” From Tension Nahin Leneka by Bachchoo On the strength of a few series of situation comedy for TV and the fact that I have written material for stand-up comics and parodists, I am invited to participate in a seminar on comedy at a German university. The particular department of the university has post-graduate students who learn through the medium of English and in the case of this seminar have chosen the option of what universities call “post-colonial” studies.

The year is still new, and we are full of good intentions. This week we learnt that the government’s sporadic efforts — mostly weak and often mindless — to change anti-dowry laws for better implementation may include laying down rules on how much you can spend on weddings. The Planning Commission’s Working Group on Women’s Agency and Empowerment has recommended an income-linked ceiling on marriage expenditure, which would include gifts as well as celebratory feasts. In short, if you try to spend beyond your means on your daughter or son’s wedding, you’d better be ready for the dowry inspector.

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