Bizbits

Kunal Overseas

MUMBAI: The directors of Kunal Overseas will be meeting on October 5, to consider, inter alia, an issue of bonus shares to the shareholders. The decision comes in the wake of improving fundamentals and bright growth prospects.

Thomas Cook

MUMBAI: Pradip Madhavji, Chairman, Thomas Cook India has been elected president of the Travel Agents Association of India TAAI for 1999-2000. The other office-bearers of the new committee are Rajinder Rai, vice president, Ms Shubhada Joshi, Hon Gen Secretary and Y P Bhatia, Hon Treasurer.

Online-shoppe.com

MUMBAI:Online-shoppe.com is India8217;s first e-commerce enabled shopping mall on the internet.The company is now launching its first auctions site modeled on the lines of ebay.com the world8217;s most popular auction site.

Motorol Oils

MUMBAI: Motorol Speciality Oils recently bagged an export order worth Rs 8 crore from Malaysia and is in the advanced stage of negotiation to bag another export order worth Rs 15 crore. The company is already exporting to Malaysia, Bangladesh, Kenya, UAE and Sri Lanka. The company expects to achieve 50 per cent of its turnover from exports.