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Blue Star, ISA JV for supermarket refrigeration

Mumbai, Jul 18: Air-conditioning and refrigeration company Blue Star has forged a tie-up with ISA, Italy for providing a wide range of supermarket and food refrigeration solutions.

Blue Star Executive Director T G S Babu told mediapersons here today that initially ISA products will be imported and sold under the Blue Star-ISA co-brand.

At a subsequent stage, Blue Star will explore manufacturing of a limited range of ISA products in the country in partnership with the Italian company, he said. ''Organised retail, in the form of supermarkets and convenient stores will bring about a massive transformation in the way food products are procured, stored and sold in India,'' he added.

Huge investments have been announced by Indian corporates such as Reliance, Fortune, Bhartis and Tatas to tackle the retail end, as well as the back end of the supermarkets. In general, supermarkets use a lot of refrigeration equipment and Blue Star is gearing up aggressively to tackle the emerging supermarket opportunities, Mr Babu said.

ISA Managing Director Marco Giulietti said, ''India currently offers huge opportunities in the cold chain equipment segment. Blue Star's strong credentials in the commercial refrigeration segment, its expertise in the science of cooling coupled with its vast distribution network in the country made ISA's preferred choice to partner with in the country.''

UNI

Black Eyed Peas India tour postponed

Bangalore, July 18 (UNI) The tour management of Black Eyed Peas today announced that their concerts, scheduled to be held in Mumbai and Bangalore on August two and three, have been postponed. The hip hop quartet was now expected to visit India in the next few months and details of the rescheduled concerts would be announced in due course, according to a release here. UNI VK GD SKB1623.....

TTK Prestige registers record growth, profits up by 159 pc

Bangalore, July 18 (UNI) TTK Prestige Limited, the largest provider of kitchen appliances in the country, today announced a record turnover of Rs 72.18 crore during the first quarter of the current fiscal, up by 59 per cent from the corresponding quarter last year. Pre-tax profit of Rs 2.64 crore was 159 per cent more than Rs 1.02 crore earned during the quarter, ending June 30, 2005, according to a company release here. The.....

Siddaramaiah resigns from K'taka Assembly membership

Bangalore, July 18 (UNI) Former Karnataka Deputy Chief Minister Siddaramaiah, suspended from the Janata Dal (Secular) for indulging in ''anti-party activities'', today resigned his membership of the State Assembly. Mr Siddaramaiah, who was tipped to join the Congress later this month, tendered his resignation letter to Speaker Krishna, who accepted it. MORE UNI SR-VK GD RKN1647.....
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