Wednesday, May 14, 2008

Flavoured drink on Zydus Cadila menu

27 November 2007 (Ahmedabad/ Kolkata)

Sobia Khan | TNN

Kolkata: Zydus Cadila on Monday said it intends to start selling its low-calorie soft drink in most parts of the country by March 2008 to cash in on the increased health consciousness of urban Indians.
Currently, Zydus Cadila’s ‘Sugar free D’lite’ is being test marketed in the National Capital Region, Chandigarh, Lucknow and Kanpur. “The product will be available in select outlets only,” Zydus Cadila senior vice-president Anand Deo told TOI, while pointing out that the drink’s USP would be the fact that it has less calories than similar products.
However, Deo said ‘Sugar free D’lite’ would not be competing with ‘Diet Coke’ and ‘Diet Pepsi’. The Zydus Cadila drink would be available in five flavours, he added. Deo said the firm is also keen to expand its skincare range. “Skincare would be big business in future,” he added. On a consolidated basis during July-September 2007, Zydus Cadila reported a total income of Rs 610 crore, up 28% from Rs 475 crore in the corresponding period last year. The growth in income was driven by a 122% rise in formulation exports and 37% rise in consumer business.
Moser Baer arm eyes Hindi movie production
27 November 2007

TIMES NEWS NETWORK
Kolkata: Moser Baer Entertainment on Friday said its future in Hindi film production will be determined by the box office outcome of its forthcoming releases.
Two low-budget Hindi movies produced by the company, the first of which stars actors Rahul Bose, Kay Kay Menon and Minisha Lamba, are slated to hit the screens in January and April 2008 respectively.
“These are pilot projects. We want to see how these work before planning our next move,” Moser Baer (entertainment) chief executive Harish Dayani told TOI. He added that Moser Baer’s strong presence in the DVD and IP TV segments would come in useful in the movie business.
Dayani said Moser Baer Entertainment has tied up with Palador Pictures to bring 50 of the latter’s coveted titles by January 2008. Palador’s catalogue includes Akira Kurosawa’s masterpieces ‘Seven Samurai’ & ‘Yojimbo’, Wong-Kar Wai’s Cannes award winner ‘In The Mood for Love’, cult Asian horror film ‘The E ye’, Ingmar Bergman’s masterpiece ‘Wild Strawberries’, and the mother of all monster movies, the original ‘Godzilla’.
Palador Pictures founder & MD Gautam Sikhnis said: “We will bring premium home video titles to India at a much cheaper rate.” Moser Baer will sell these DVDs at Rs 399.
Times to host Earth Care Awards
25 November 2007

TIMES NEWS NETWORK

Kolkata: The Times of India (TOI) is hosting the first JWSEarth Care Awards next year. The awards ceremony would be held on 22 April — International Earth Day.
Speaking to reporters on the sidelines of Global Steel 2007, senior manager of Times Response Sourabh Golicha said, “It would be a corporate excellence award to recognise corporate initiatives towards climate change and adaptations.”
The award would be given out in presence of renowned environmentalists and corporate people. It would be attended by M S Swaminathan of The Energy and Research Institute, CEE director Kartikeya Sarabhai among others.
A fashion show is scheduled to be held in Delhi or Mumbai in February 2008 where renowned fashion designers from across the country can showcase their environment-friendly designer wear, said Goilicha.
TOI has also decided to form an Environment Strategic Group comprising environmentalists and corporate honchos.
“They would be involved in preparing a white paper, with effective technology and dos and donts on the environment,” added Golicha. The committee would meet twice a year.
To take up a cause for the environment in a big way, TOI has also lined up various consumer initiatives. “We are looking at establishing an association with state governments and schools to work together in this direction,” added Sourabh.
Centre plans special mining zones
24 November 2007

TIMES NEWS NETWORK
Kolkata: Steel secretary R S Pandey on Friday said the Centre was planning to put in place special mining zones (SMZs) in ecologically fragile areas, and added that increased Maoist activity had become a threat to steel companies operating in Jharkhand, Orissa and Bengal.
Speaking at a programme organised by Indian Chamber of Commerce, Pandey said a committee comprising mining experts and environmentalists would offer advise on how the government should proceed with the SMZ initiative.
“There are potential mining zones which fall in wildlife areas or border national parks. We are looking at ways through which mining can be done without harming the environment,” Pandey said. He added that all stakeholders should collaborate to deal with the issue of greenhouse gas emission.
Earlier, speaking at ‘Global Steel Summit 2007’, Ian Macdonald, energy and mineral resources minister of Australia’s New South Wales state, said Australian companies were interested in bringing in clean coal technology and deep mining technology to India. “We are in talks with the chief minister of Bengal on deep mining technology,” Macdonald said. Shortage and rising price of coking coal is viewed as a major threat to expanding steel industry in the country. India needs in excess of 50 million tonne of coking coal in the next 10 years. At present, it imports 21 million tonne of coking coal, said Gerard McCloskey of UK’s McCloskey group.
New CESC board next month
22 November 2007

Kolkata: Steel secretary R S Pandey on Friday said the Centre plans to put in place special mining zones (SMZs) in ecologically fragile areas and added that increased Maoist activity was a threat to steel companies operating in Jharkhand, Orissa and Bengal.
Speaking at a programme organised by Indian Chamber of Commerce, Pandey said a committee comprising mining experts and environmentalists would offer advise on how the government should proceed with the SMZ initiative. TNN
Special mining zones on anvil
24 November 2007


Kolkata: Steel secretary R S Pandey on Friday said the Centre plans to put in place special mining zones (SMZs) in ecologically fragile areas and added that increased Maoist activity was a threat to steel companies operating in Jharkhand, Orissa and Bengal.
Speaking at a programme organised by Indian Chamber of Commerce, Pandey said a committee comprising mining experts and environmentalists would offer advise on how the government should proceed with the SMZ initiative. TNN
Global Agri in expansion mode
22 November 2007


Sobia Khan | TNN
Kolkata: Global AgriSystem, one of India’s premier agri business consultancies, intends to set up a wholesale market for fish, fruits and vegetables in Kolkata, and a flower auction market in Mumbai.
“Kolkata is the only metro in the country which does not have transparency in price setting in wholesale markets,” Global AgriSystem chairman and former Apeda chairman Gokul Patnaik said on the sidelines of a CII programme in the city on Tuesday.
However, Patnaik pointed out that the state offers great opportunities in the wholesale arena. The fears of small producers getting wiped out as a result of big corporates entering the agri-retail arena is misplaced, he added.
German giant Metro Cash & Carry has already announced its intention to set up three outlets in Kolkata that would undertake wholesale trading. Patnaik said Global AgriSystem is also planning to expand its supply chain management initiatives for organised retail. It has already established hubs in Bulandshahar, Nasik and Indore, he added.