Orient rights issue

Orient Paper and Industries will consider options for raising equity capital, including issue of shares on rights basis, on October 5. The company informed the Bombay Stock Exchange that a board meeting would be held on October 5 to consider options for raising the equity capital, including issue of rights shares. Shares of the company were trading at Rs 587 on the BSE.

IOB scheme

Indian Overseas Bank (IOB) has introduced a tax saver deposit scheme for claiming income tax deductions under Section 80C of the Income Tax Act. The deposit offers benefits in the form of higher interest rates and free accidental insurance for Rs 1 lakh for the first year.

Bureau Veritas

Bureau Veritas, which specialises in quality, health & safety, environment and social accountability management services, has re-christened its systems certification services business, operating so far under the name Bureau Veritas Quality International, to Bureau Veritas Certification.

Hero Mindmine

Hero Mindmine has launched an English language training program in Calcutta at three different locations to offer training on communication skills. The learning centres are located at Park Street, Deshapriya Park and Salt Lake. The company has a network of 55 centres.

Glenmark

Glenmark Pharmaceuticals Inc has received tentative approval from the US Food and Drug Administration (FDA) for its abbreviated new drug application for Ondansetron hydrochloride tablets.

Actis Tech

Actis Technologies Pvt Ltd has plans to expand to the East. The company has opened its regional office in Calcutta, as part of the plan.

Jeevansathi

Jeevansathi.com has launched an SMS-based matrimonial search facility in Calcutta. The basic services offered are search for a partner, express interest in a profile, chat through mobile and check your status.