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Wednesday, August 19, 1998

Bizbits

ENS ECONOMIC BUREAU  
Gold firm
MUMBAI:
Gold prices surged on the bullion market Tuesday in the wake of hectic festival support and strong trend in overseas markets. Silver moved up slightly on scattered demand. Standard gold firmed up by Rs 35 to close at Rs 4245 as against the last close of Rs 4210. 22-carat gold was nominally quoted higher at Rs 3925 from Rs 3895, while ten-tola gold bar (.999) shot up by Rs 350 to end at Rs 49,750 as against the last close of Rs 49,400.

Timex Watches
MUMBAI:
"Basically Yours", a novel gift scheme of delivering watches to the customers' doorsteps has been introduced for the first-ever time in India by Timex Watches, the Indian arm of the US multinational Timex, in the metropolis.

According to Ashok Nair, product manager, TWL, anyone who wants to gift a watch or buy a watch for their near and dear ones, can call up the Timex office in the city. The Timex sales person will soon meet the customer with the sample range of watches for selection and collect the receipient'saddress and effect delivery at a specified time. The customer can also send a Hallmark Greeting card along with watch selcted.

Software
MUMBAI:
Geometric Software Services Company Ltd (GSSL), the leading export company, has signed a technology licensing agreement for the special design fuction called "healing". Spatical technology is well known as the US-based international supplier of the ACIS Geometry Engine which is used in the popular autocad and in several other CAD/CAM products. GSSL has now partnered with Spatial to dirve this technology forward at a rapid pace."We are confident that the more than 1.3 million end users of ACIS-enabled applications will benefit considerably,'' said Manu Parpia, GSSL MD.

Century Rayon
MUMBAI:
Century Rayon has introduced the latest, state-of-the-art product-continuous spun viscose yarn (CSY). Century Rayon is a division of Century Textiles & Industries, the flagship company of the B K Birla group. With ISO 9002 accreditation, Century Rayon isIndia's largest single manufacturer of viscose filament yarn.

Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.


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