Bodal Chemicals launches new range of dyes

Bodal Chemicals Ltd, manufacturer and seller of dye and dye intermediates, said it has launched 'Bodactive', a unique brand of reactive dyes, for textile industries.
The Bodactive is a range of reactive dyestuffs, which includes Bodactive BNC Series, BNC Special Series, BNC-HE Series, BHE+ Series, P (Printing) Series, C Series, CF Series and ELF series. The Bodactive range heralds the launching of nano technology for the first time. These are pure dyes for textile industries, which are superior in quality to any products available in the market, said the company in a regulatory filing.

The Bodactive range of dyes will be manufactured at Bodal's Unit-7, which is situated at Padra, Gujarat. This plant has advance manufacturing infrastructure, which consist of separate zones for blending, spray drying, packing, storage and dispatch. This system allows consistent production with economy and quality.
On Wednesday, Bodal Chemicals shares ended 4% down at Rs36 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.7% down at 18,179 points.

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NIIT launches GNIIT for engineers in Hyderabad

Asia's major IT trainer, NIIT said, it has launched GNIIT program for engineers in Hyderabad. GNIIT for engineers is aimed at enhancing employability of engineering graduates by bridging the skill gap.

The program offers global technology certification curriculum to ensure best career opportunities worldwide along with the firsthand experience of working on the latest technology developments. The students will also undergo a software development life cycle project, followed by six-month industry internship, said the company in a regulatory filing.

On Wednesday, NIIT shares ended 0.7% down at Rs66 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.7% down at 18,179 points.

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Religare promoters declare open offer

RHC Finance Pvt Ltd, along with RHC Holding Pvt Ltd, proposes to acquire 2.8 crore shares of Religare Enterprises Ltd, representing 21.7% of the current share capital (20% of the diluted share capital) of the target company.

The shares will be bought at a price of Rs457 apiece. There are no partly paid-up equity shares of the Religare Enterprises Ltd, according to the lead manager, Kotak Mahindra Capital Company Ltd. This offer is not subject to any minimum level of acceptance. The offer opens on 13th October and closes on 1 November 2010.

On Wednesday, Religare Enterprises shares declined 4.5% to Rs478 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.7% down at 18,179 points.

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