MERLONI SEEKS TO ENTER ELECTRICALS MARKET

Article Abstract:

The home appliances manufacturer, Merloni TermoSanitari (MTS) of Italy has sought the approval of the Government of India to market and distribute electric equipments like irons, toasters, juicers, mixer grinders, electric kettles, heat convectors, and stick blenders reserved for the small scale sector. MTS will invest Rs12.28 crore in Merloni India in the first two years. MTS plans to manufacture four new types water heaters and fully automatic washing machines. MTS will use the Racold brand name for the standard and economy models and the Ariston brand name for premium products. MTS has a joint venture with the Racold Group. (rk)

Comment:

Seeks the approval of Govt of India to market & distribute electric equips like irons, toasters, juicers, mixer grinders, etc

Electric Housewares and Household Fan Manufacturing, Household Food Preparatn Eqp, Food preparation equipment, Article, Merloni Termosanitari S.p.A.

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KAKATIYA INFO LAUNCHES KIT FOR ENTRANCE TESTS

Article Abstract:

Kakatiya Info Tech of Warangal has introduced the Kakatiya Learning Kit. The product is a computerised preparation software for the Engineering and Medical Common Entrance Test which is conducted for students seeking admission into medical and engineering colleges in Andhra Pradesh. It is available in two modules separately for the two disciplines. The Windows 95 based CD contains several simulation tests. (uh)(vr)

Software Publishers, Educational Software Pkgs (Micro), Educational software, Kakatiya Info Tech

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BAJAJ ELECTRICALS COMMERCIAL PAPER

Article Abstract:

Credit Analysis and Research Ltd (CARE) has given PR1+ rating to the commercial paper (CP) programme of Bajaj Electricals Ltd. The CP programme is for Rs15 crore. The PR1+ rating is a superior rating with a higher standing. It indicates that the company is the member of the Bajaj group and its performance for the nine-month period ending December 31,1998. (ag)(psr)

United States, Receipt of funds, Other Electrical Equipment and Component Manufacturing, Electronics, Legislative Bodies, Electronic Components and Accessories, Finance, Bajaj Electricals Ltd., Credit Analysis and Research Ltd.

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