Grasim unit gets PCB nod
KOZHIKODE: Birla-owned Grasim Industries factory at Mavoor which was in the thick of a controversy in recent times on alleged pollution caused by effluents from it into the Chaliyar river and by the toxic fumes let out into the atmosphere, has been permitted by the State Pollution Control Board to resume operations. PCB's green signal comes in the wake of the government appointed A D Damodaran committee's recommendation, which had visited the factory and gone into all parameters of pollution, giving clearance for restarting the operations. It also laid down that the working of the carbon disulphide plant would be subject to review after three months.New president for AIIGMA
MUMBAI: Vaibhav Sanghi has been appointed president of the All India Industrial Gases Manufacturers' Assocition (AIIGMA) at its recently held managing committee meeting in Bangalore for 1999-2000. AIIGMA, which was established in 1975 is the apex organisation of manufacturersof industrial gases and allied products and consists of over 250 members.
UPS starts flight operations to India
MUMBAI: United Parcel Service (UPS) announced the establishment of its flight operations into India. UPS now operates a weekly B767 all-cargo flight out of Mumbai enroute to Cologne via Taipei and Sharjah. Cologne and Taipei are the locations of two of UPS major international hubs. Said Charles Adams, UPS Sr Vice President for Asia Pacific, "UPS is very pleased to commence air operations in India. This investment will enable UPS to offer an enhanced level of service to our customers in the Indian market.''
MIDC signs MoU with Aptech
MUMBAI: APTECH Ltd has executed an MoU with MIDC for purchasing of land admeasuring 12,200 sq ft at Seepz, Marol Industrial Area. The total cost of the area is of Rs 191.55 lakh. Harshad Shah, executive director and Jayant Kawale, CEO of MIDC, signed the MoU in Mumbai.
Silver crashes
MUMBAI: Silver pricessuffered a sharp setback while gold remained steady at the local bullion market Tuesday. Silver .999 and raw varieties prices crashed steeply by Rs 120 each to Rs 8230 and Rs 8090 per kg respectively due to sustained heavy selling pressure by local stock-holders induced by weak global and upcountry advices.
However, gold standard mint and 22 carat prices, after fluctuating in a narrow range, remained unchanged at Rs 4350 and Rs 4025 nominal per ten gm respectively due to lack of fresh buying interest from local buyers. But gold biscuit price came down sharply by Rs 200 to Rs 50,900 per ten tola due to lack of fresh demand mainly from jewellery units.
Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.
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