HMT inks pact with Belgium-based company

Monday, May 1, 2006, 23:20 [IST]

Bangalore, May 1 (UNI) HMT Limited has entered into a Memorandum of Understanding (MoU) with M/s Pegard Productics SA, Belgium, envisaging manufacturing and supply of upgraded range of Boring Machines of Pergard make of HMT in India and abroad.

The MoU was signed at the Hannover Fair held in Germany, a HMT release here said today.

The two companies would also explore business opportunities and undertake joint manufacturing and supply of specific range of Pegard machines and accessories related to market requirements to Indian and overseas customers through technology transfer.

Technology acquisition for supply of high-end machines had been one of the key strategies adopted by the company to focus on the requirements of strategic sectors such as aerospace and aviation, apart from auto and atuo component manufacturing sectors, the release said.

UNI RG SKB1700

Dry weather prevailed over the state

Monday, May 1, 2006,23:21 [IST]

Bangalore, May 01 (UNI) Following is the summary of observations recorded in weather office here at 0830 hrs today. Dry weather prevailed over the state. Maximum temperatures changed little over the state. They were above normal at most places being appreciably so at many places over south interior karnataka and above normal at a few places over coastal karnataka and north interior karnataka. Raichur recorded highest maximum temperature of 42.1 degree celsius over the state......

Honda's new 125 cc motorcycle hit the roads

Monday, May 1, 2006,23:21 [IST]

Bangalore, Apr 29 (UNI) The Honda Motorcycles and Scooters Private Limited, one of the leading manufacturers of two-wheelers in the country, has launched its 125 cc model motorcycle 'Honda Shine' here. Speaking on the occasion, Mr C Guleria, General Manager Sales (South), Honda Motorcycles, said the motorcycle fitted with 'Optimax' engine, was designed to ensure superior ride quality and ease of handling through revolutionary Ergo Tec Design, based on Human engineering. He said.....

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3 killed, 13 injured in road accident

Monday, May 1, 2006,23:21 [IST]

Mandya, Apr 29 (UNI) Three persons were killed and 13 injured in a collision between a private bus and a car at Hosabudanur state highway, three km from here. Police said the car was proceeding to Mysore when the mishap occurred. While the deceased were inmates of the car, the injured were passengers of the bus, carrying a marriage party to Doddaballapur. Two of the deceased were identified as Pavanianur and Aveesh, the car.....

UB Holdings announced Interim divident of 5 % and Bonus 1:1

Monday, May 1, 2006,23:22 [IST]

Bangalore, Apr 29 (UNI) United Breweries (Holdings) Limited has reported a net profit of Rs.428.85 crore for the year ended 31st March 2006 on a turnover of of Rs.677.86 crore and has announced a 1:1 bonus issue. The Board which took into account the unaudited financial results for the year also announced a five per cent interim dividend. A company release here said the Board has also recommended issue of 29,720,949 bonus equity shares of.....

Three labourers die while cleaning a rural toilet

Monday, May 1, 2006,23:22 [IST]

Bijapur, Apr 29 (UNI) Three workers engaged in cleaning of a toilet in a village in bagewadi taluk yesterday died of suffocation, police said today. The incident occoured at Markabbanhalli. Two other affected workers were admitted to a local hospital, Police said here. UNI XR VK HVB1135.....