GIANT ARM IN INDIA IF HOECHST, RHONE MERGE
Article Abstract:
The much predicted Hoechst-Rhone Poulenc merger is expected to give rise to a pharma giant in India. Rhone-Poulenc parent holds 40 percent stake in Rhone-Poulenc (India)(RPI) and Hoechst holds 50.1 percent in Hoechst Marion Roussel (India) (HMR). HMR posted sales of Rs534 crore whereas RPI posted Rs164 crore turnover. HMR's portfolio includes vaccines, antihistamines, antidiabetes and antiinfectives while RPI's top brands are cough syrup, Flagyl amoebicide, antiemetic Stemetil and anti-epileptic Gardenal. The two portfolio's are quiet distinct. If the merger takes place, HMR's portfolio will benefit with the addition of RPI's portfolio. (um)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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DTDC TO TRACK COURIERS VIA SATYAM NETWORK
Article Abstract:
DTDC Ltd has started utilising the TCP/IP network set up by Satyam Infoway Ltd to track and monitor the status of its couriers. The data network, Satyam:Net, is the first secure TCP/IP network in India and covers 12 cities. DTDC can now track the status of its couriers, sent and received, at any given time and pass on the information to its customers. The courier company is also using Notes Connect, a Notes networking and administration solution offered by Satyam Infoway, to fully integrate workflow across its offices, which improves efficiency and reduces communication costs. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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AUSSIE FIRMS LOOK TO INDIA FOR BACK-OFFICE SUPPORT
Article Abstract:
According to Mr Raj Mendes, a partner of Ernst & Young Consulting, some Australian firms have proposed to set up shared service centres in India to cut down on back office costs. This proposal was forwarded nearly 12 months before. The cost of setting up and running a transaction centre in India is half the cost in Australia and around 25 percent lesser than in South-East Asia. The service centres will be set up as joint ventures with Indian companies or by outsourcing to an independent Indian supplier. (gsh)
Comment:
India: Some Australian firms have proposed to set up shared service centres in country to cut down on back office costs
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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