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This is an archive article published on October 19, 1999

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Canbank Factors opens city branchCanbank Factors Ltd, a leading factoring company, has opened its new branch in the city.The branch was i...

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Canbank Factors opens city branch
Canbank Factors Ltd, a leading factoring company, has opened its new branch in the city.

The branch was inaugurated by prominent scientist Dr V N Krishnamurthy, Director, DRDO-ISRO. The branch is fully computerised and the customer will get advantage of the latest communication facilities.

Canbank Factors Ltd has achieved a turnover of Rs. 581 crore in the financial year 1998-99. The company has license from RBI to start export factoring and plans to introduce other varieties of factoring services.

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Non-wrinkle trousers
Oxemberg, the ready-made division of Siyaram Silk Mills has recently launched their Non Wrinkle Trouser range. The range of trousers is priced at Rs. 899 and is available at all fashion leaders. The trousers have been processed under the Oxemberg’s in-house technology called Ox-2K. The garment once processed under this specially developed process requires minimal ironing. The non-wrinkle technology will soon be extended to shirts as well.

Meet with Pradeep Rawat
Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA) has organised a meeting with the Pune MP Pradeep Rawat on October 19.

Concrete suggestions policies and procedures affecting trade and industry are expected to be discussed during this meeting.

Non-stick cookware
City-based Indo American Cookware are offering non-stick cookware at ex-factory prices under the brand name `Chef.’ The products are available at the exclusively set up factory shops in Pune, Chinchwad and Sinhagad Road.

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The Pune-based Indo American Cookware is part of Bakre group of industries which has interests in wooden packaging, manufacturing of writing instruments, construction and hotels.

Health products
Dakini Health Foods Pvt Ltd have introduced White Tahini (Sesame Cream), Brown Tahini (Sesame Butter) as well as oriental delicacies such as Tempeh Tofu (Soy Paneer) and Soy Milk. The Mundhwa-based company also produces peanut butter.

0Oven launched
The city-based Malhotra Engineers Manufacturing Division have introduced a new product designed and manufactured for specific cooking needs, namely Smoke Oven.

Smoke Oven for hotel, retail or domestic use gives uniform heat, maintains moisture and smoke to give excellent controlled taste and aroma. The oven can cater to the cater to smoke cooking of poultry, fish, seafood, lamb, sausages, vegetables and dry fruits.

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The oven can be made to specific tailormade sizes as per customer requirements. The present size is suitable for two kg to five kg cooking.

Board meeting
A meeting of the board of directors of Finolex Cables Ltd will be held on October 25, 1999 at the registered office of the company at Pimpri, to take on record the unaudited financial results for the half year ended September 30, 1999.

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