The board has already approved the demerger.

The board has also approved to raise $100 million through global depository receipts and annual depository receipts, Pyramid Saimira said in a regulatory statement.

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Acer launches 23-inch TFT LCD monitor

New Delhi: IT products major Acer Wednesday launched a 23-inch TFT LCD monitor in India, featuring an ultra-high contrast ratio of up to 100000:1.

The H5 series LCD monitor from Acer is priced at Rs.13,000 and is equipped with both an HDMI (High-Definition Multimedia Interface) device and a DVI-D port.

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Interior designing contest begins

Bangalore: Design Warz, the first-ever pan-India interior designing competition, was launched in Mumbai to showcase native talent in business-to-business (b2b) and business-to-customer (b2c) space, the organising firm said Wednesday.'

'The competition will provide an opportunity to professionals as well as non-professionals to exhibit their talent. Through this platform, we aspire to motivate deserving candidates and equip them with opportunities to embrace their careers,' IPR 360 Degrees Alternate Brand Solutions India vice-president Rajeev Banerjee said in a statement.

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Upasi annual conference Sep 15

Chennai: Union Minister for Labour and Employment Mallikarjun Kharge will be the chief guest at the 116th annual conference of the United Planters' Association of Southern India (Upasi), to be held Sep 15.

Upasi will also hold a full day seminar on the market outlook and the technical session will see papers presentations on energy conservation and sustainable agriculture.