New deposit scheme

The Repco Bank has introduced a special deposit scheme called “Repco 40” as part of its 40th anniversary celebrations. A release from the bank said under the scheme, the interest rate is 12 per cent for 40 month deposit. For details, contact the bank’s branch at Tirupur. Telephone number: 0421 – 2232792, 9444394960.


M. Krishnan (Managing Director of Sri Krishna Sweets), R. R. Balasundharam (Managing Director of Sri Ranghnatha Textile Equipment) and Vanitha Mohan (Executive Director of Pricol Limited) have been elected vice-presidents of the Indian Chamber of Commerce and Industry, Coimbatore for 2008-2010.

D. Nandakumar (proprietor of Selvam Agencies) and N. Subramaniam (Managing Director of Habasit Iakoka) are the secretaries and S. Inderchand (Managing Partner of Shobha Syndicate) is the treasurer, according to a release from the chamber.


Bureau of Indian Standards will organise an educational utilisation programme on standards at SNS College of Engineering on November 24.

A release from the Bureau said the programme was for the engineering students to familiarise them with the standards developed in various fields at the national-level. The BIS will also offer 60 per cent discount on the sale of standards to the students.

ERP Solution

Microsoft India has announced the availability of Microsoft Dynamics NAV Business Essentials. The solution is packaged and priced especially for the growing businesses in the country, according to a release. The solution can be used in two to three weeks.