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First e-Business Net Market for Electronic Materials Buyers Suppliers (Excelsior E-mail service) SAN JOSE, Calif., February 14, 2000 - Announcing its arrival as the first e-commerce Net Market for the worldwide electronic materials industry, The .....more TAAZA TAAZA LONG LIFE DOODH FROM AMUL Housewives, the world over, have fought a losing battle to keep milk fresh for consumption over extended periods. In these fast paced and hectic ......more
Govt aiming at about NEW DELHI, Feb 22: Finance Minister Yashwant Sinha today said the Government was aiming at a seven to eight per cent GDP growth on a .....more HUDCO sanctions loan Excelsior Correspondent JAMMU, Feb 22: The HUDCO has sanctioned loan of Rs 1.40 crores in favour of the Housing Board for raising four modern basties in the State ......more |
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NEW DELHI, Feb 22: A divergent trend developed on the bullion market today as silver gained further moderate ........more Excelsior Correspondent JAMMU, Feb 22: The Finance Minister, Mr Abdul Rahim Rather, today held discussions .....more
‘Oxygen chamber’ for traffic policemen inaugurated MUMBAI, Feb 22: An ‘oxygen chamber’ for traffic policemen, who are the most affected by vehicular pollution,.......more Fruit market being Excelsior Correspondent JAMMU, Feb 22: A modern fruit market of international standards is being set up at Sopore, the apple town of Kashmir valley, shortly.....more |
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First e-Business Net Market for Electronic Materials Buyers Suppliers (Excelsior E-mail service) SAN JOSE, Calif., February 14, 2000 - Announcing its arrival as the first e-commerce Net Market for the worldwide electronic materials industry, The Supply.com, Inc. has successfully completed its first round of financing and appointed the initial members of its management team. Based in San Jose, Calif., the start-up company has launched an online service (www.thesupply.com) designed to streamline procurement steps and foster communication between buyers and suppliers of all materials for semiconductor manufacturing, PC board fabrication and package assembly. The company expects to conduct its first commercial transaction by early April and is in active discussions with potential beta customers. Supply chain management is one of the biggest challenges currently facing the electronics industry. As already demonstrated in other industries, e-commerce has the potential to effectively change the supply chain by linking buyers and suppliers more closely. By providing a comprehensive range of services through an open systems-based Net Market, TheSupply.com's business strategy is to give companies improved supply visibility and greater access to electronic materials from existing and new suppliers. "We spoke with buyers and suppliers of materials, and they told us they need greater reach and higher business efficiencies in less time," said president and CEO Geoff Wild. "We're providing these companies with a new service using state-of-the-art technology that enables materials procurement to take place in a global, open Net Market setting. TheSupply.com will facilitate orders, transactions, billing, shipping, tracking and quality assurance services." To fund its launch, TheSupply.com has secured $15 million in first-round financing from Crosspoint Venture Partners, a leading investor in next-generation communications and Internet projects. "We funded TheSupply.com based on the strength of its management team," said Seth Neiman, Crosspoint general partner. "Their vision and experience uniquely qualify them to become the leader in this exciting, new and untapped market." Five veteran executives from the electronic materials and software industries form the foundation of TheSupply.com's management team. Along with Wild, company executives include Atle Fjeld, senior vice president of engineering and chief information officer; Steve Kirtley, senior vice president of marketing and sales; Sunil Kaul, vice president of supply chain systems; and Kirk Fjeldheim, vice president of information systems. Together, they bring more than 100 years of relevant business experience to the start-up. Wild has a track record in successfully growing and developing high-technology companies. He was previously president of the $1-billion electronic materials division of AlliedSignal. Prior to that, he was president and division director of Johnson Matthey Electronics, a major producer of PVD (physical vapor deposition) consumables, PC boards and semiconductor packaging materials. Fjeld joined TheSupply.com from Siebel Systems, the world's leading provider of e-business applications software, recently recognized by Fortune magazine as the fastest growing company in America. At Siebel Systems, Fjeld was most recently CIO and vice president for information technology. Prior to that, he was vice president of information technology at Unisys, a major services and products supplier in the computer industry. Prior to joining TheSupply.com, Dr. Kirtley was vice president of technology for AlliedSignal Electronic Materials, where he invented spin-on glass and created and developed a business based on that material. Kaul was recently vice president of operations, supply chain and six-sigma for Honeywell's electronic materials division. He was instrumental in implementing several new supply chain and lean manufacturing models for the company in both the U.S. and Asia. Fjeldheim also joined TheSupply.com from Siebel Systems, where he served as senior director of information technology and was in charge of the company's entire computing infrastructure. He also was responsible for defining the networking architecture for the Sales.com portal, the leading site for information exchange among sales professionals. "The global market for materials used in semiconductor manufacturing alone is currently $45 billion and predicted to grow to $60 billion in three years," Wild said. "As the only e-business site with a complete supply chain solution tailored to materials used in producing semiconductors and PC boards, TheSupply.com is the 'dot com' pioneer for this market. Our system offers both buyers and suppliers of electronic materials the infrastructure needed to improve their efficiencies and reduce cycle times while enhancing their working relationships with current and potential business partners." TheSupply.com is a business-to-business e-commerce company with a mission to e-link the electronics materials world. Using state-of-the-art systems to create a Net Market, it is the only neutral enterprise focused on automating the supply chains for materials and components used by the semiconductor and PC board industries. Visit www.thesupply.com for more information. |
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TAAZA TAAZA LONG LIFE DOODH FROM AMUL Housewives, the world over, have fought a losing battle to keep milk fresh for consumption over extended periods. In these fast paced and hectic times, where the trend is for things-right here, right now-it has became all the more necessary to for milk to be preserved for longer duration and be available whenever and wherever it is needed. Technology has offered ways of doing so, but majority of these call for preserving milk at lower-temperatures which in itself is a difficult and expensive proposition with the kind of infrastructure presently available in this country. To cope up with these surefire challenges, the Gujarat Co-operative Milk Marketing Federation Limited (GCMMF), the Rs 2300 Crore marketer of AMUL, with its state of the art technology, offers the 'Anywhere, Anytime Long life milk', Amul Taaza. Amul Taaza- the Ultra High Temperature (UHT) treated milk is a major technological breakthrough, aimed at providing Milk, a hitherto perishable commodity, with an extended shelf life upto 90 days at room temperature! Amul Taaza is non-sweetened, plain, standardised fresh milk. It is fortified with Vitamins A and D to provide consumers with an invaluable healthful option. Amul Taaza is Ultra High Temperature (UHT) treated and is sealed in tamper proof aseptic Tetra Brick packaging, thus completely eliminating harmful bacteria that cause curdling of milk while at the same time preserving the natural taste, flavor and color of fresh milk. The packaging ensures that your milk is 100% contamination and adulteration free. It is also homogenised to prevent cream layer formation at the top. Amul Taaza promises its consumers the most natural long shelf-life milk without any preservatives. Priced at Rs 22 only per liter, Amul Taaza Long Life Milk contains 4.5% Fat and 8.5% SNF and is expected to do well in the institutional segment as well. The product has been launched in Mumbai and other major markets for some time now and the results have been overwhelming. The enviable distribution network of Amul would do its bit to make the product available throughout the country. Amul expects to achieve a capacity of One lakh litres per day this year through the 3-4 packing stations spread across the country. The product is positioned at the middle and upper middle class, modern day housewife who can use it for different occasions. It can be used straight for drinking, in tea and coffee, to prepare curd and lassi and also for various preparations. So, the next time your milkman creates problems, just think of the 'Anytime, Anywhere, Long life' Amul Taaza. |
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Govt aiming
at about 7 to 8 pc growth on NEW DELHI, Feb 22: Finance Minister Yashwant Sinha today said the Government was aiming at a seven to eight per cent GDP growth on a sustained basis for eradication of poverty and sought enhanced ADB loans for the purpose. Sinha, during his meeting with an ADB delegation lead by John Lockhart, welcomed the approval of 625 million dollar loan during the current year as against 250 million during 1998 and said the Government was committed to second generation economic reforms for upliftment of the poor. Appreciating the economic development in India, Lockhart said the Asian Development Bank (ADB) was looking forward to a long and fruitful cooperation with India, says an official release. The group of ADB Executive Directors are on a fifteen days visit to India and are scheduled to meet representatives of financial institutions and Non-Government Organisations. Sinha during his meeting also appreciated the Bank’s recently adopted poverty reduction strategy and other initiatives such as programme lending, private sector development, environmental protection and anti-corruption issues. (PTI) |
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HUDCO sanctions loan for Housing Board Excelsior Correspondent JAMMU, Feb 22: The HUDCO has sanctioned loan of Rs 1.40 crores in favour of the Housing Board for raising four modern basties in the State shortly. Of these, Purmandal and Channi Himmat Basties are being developed in Jammu region while two such basties at Bemina and Hanjiveera, Pattan in Kashmir Division. This was stated at a meeting of the Housing Officers held here today under the chairmanship of the Housing Minister, Mr Gulam Mohi-ud-Din Shah to review performance of the Housing Board. It was revealed that under the modern Basti scheme, roads, drains, schools and community halls etc are being constructed to provide modern civic and transport facilities to the people residing in these basties. Referring to the development of Purmandal, it was stated that besides, developing bus-stand, a park, bath rooms, school building and toilets etc would be constructed. Th Minister instructed the officers to maintain sanctity of the Purmandal shrine while proposing development of modern basti at the site. The Minister also stressed the need for construction of sufficient number of latrines under modern basti development scheme at Bemina Srinagar, besides construction of roads community hall and other ultra modern infrastructure. The meeting was also informed that the HUDCO has already released 25 per cent funds under the scheme to the Housing Board. The Minister was also apprised about the raising of housing colony of Talab Tilloo, Jammu proposed earlier. It was told that the proposed site for the purpose have already been made surfaced with the result 1395 kanals of land made available for the purpose instead of 870 kanals earlier. Mr Shah said before taking up the construction of the colony every aspect in respect of land be first ascertained from the Irrigation and Flood Control Departments whether the proposed land is flood prone or errosionable. He advised the officers to be more cautious of the facts and figures of the land being obtained for raising of housing colony at Talab Tillo. Later, the Minister assured the delegates of two deputations from the Institute of Engineering, Jammu and the Society for the prevention of cruelty to animals, Jammu who met him and demanded allotment of land for Engineering Institute and construction of a sophisticated veterinary hospital as well as animal shelter. The Minister said that the Government will examine the availability of land to be allotted to the Engineering Institute, Jammu. Referring to the demand of the Wild Life Society, Mr Shah informed taht there are so many centrally sponsored schemes available in the country and need of the hour, he said is to make optimum use and advantage of these schemes for development of live stock in the State. The meeting was attended among others by the Managing Director Housing, Mr Shanti Swroop Gupta. |
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NEW DELHI, Feb 22: A divergent trend developed on the bullion market today as silver gained further moderate ground while gold eased on lack of support. Marketmen said gold prices were slightly lower in the absence of advises from the upcountry markets as prices movement was thin. They said apart from gold, prices of silver remained unchanged in the international market due to lacklustre trading as US markets were closed on Monday. Activity in upcountry market was also thin and likewise conditions influenced the trading sentiment here. The volume of business was small. Standard gold and ornaments receeded by Rs.10 each at Rs.4770 and Rs.4620 per ten gram respectively. Sovereign was unchanged at Rs.3850 per piece of eight gram. Silver .999 (ready) and weekly delivery improved further by Rs.5 each at Rs.8050 per kilo respectively on small buying support. Silver coins were unchanged at Rs.10,900/11,100 per 100 pieces. The following were today’s quotations: Silver .999 (ready) 8050 and delivery 8050. Silver coins buyer 10,900 and seller 11,100. Standard gold 4770, ornaments 4620 and sovereign 3850. (PTI) |
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Excelsior Correspondent JAMMU, Feb 22: The Finance Minister, Mr Abdul Rahim Rather, today held discussions with prominent economists and academicians from Kashmir University. The deliberations are part of the pre-budget discussions initiated by the Finance Minister with various organisations, associations and persons of eminence in various economic activities. The Minister earlier held meetings with the representatives of Chamber of Commerce and Industry of both divisions of the State, Small Scale Industries Associations and prominent economists and academicians from Jammu University. Prof Abdul Wahid and Nissar Ali from Department of Economics, Prof Fayaz Ahmed of Department of Commerce and Prof Shah from the Department of Management Studies, Kashmir University participated. Principal Secretary Finance, Mr Ajit Kumar, Special Secretary Finance, Mr K M Wani and Director Finance, Ms Naseema Lanker were also present. Initiating the discussions, the Finance Minister expressed happiness over their participation in today's discussions and gave a resume of the financial health of the State. He said that views and suggestions emanating from the discussions shall receive serious attention of the Government. The Government, he said, is determined to give a new thrust to the developmental activities to take the State to new heights of progress and prosperity. He said in order to eradicate unemployment from the State, the ‘self-employment culture’ has to be developed amongst the young generation, especially the educated youth. He highlighted the measures and incentives that are already provided under various self-employment schemes in the State. The participants put forth their suggestions to formulate a development oriented budget where the thrust on generation of revenues from potential areas backed with resolve to streamline the procedures, improve tax compliance and plugging of loopholes is discernible. They emphasised the need for introduction of social security measures and provision for uplift of local industry to augment the avenues of employment in non-governmental sectors. The revival of self-employment schemes came under special focus. |
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‘Oxygen chamber’ for traffic policemen inaugurated MUMBAI, Feb 22: An ‘oxygen chamber’ for traffic policemen, who are the most affected by vehicular pollution, was inaugurated by Congress MP Sunil Dutt at Andheri in North West Mumbai. Mr Suresh Shetty, MLA from Andheri said about 150 masks will be provided to the Centre where traffic policemen can come after a duty of four hours and inhale oxygen for ten to 15 minutes. "This will undo the harm done to them by the vehicular pollution to a large extent." Mr Dutt said pollution in Mumbai, particularly on the highways, has grown to astronomical levels. "The effect on the health of the citizens is worrying and immediate preventive measures need to be taken to tackle the problem." (UNI) |
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Fruit market being set up at Sopore Excelsior Correspondent JAMMU, Feb 22: A modern fruit market of international standards is being set up at Sopore, the apple town of Kashmir valley, shortly. Modalities for setting up of this fruit market were discussed at a high level meeting held under the chairmanship of the Speaker, Legislative Assembly, Mr Abdul Ahad Vakil here today. The Minister for Agriculture and Rural Development, Ch Mohammad Ramzan and the Parliamentary Secretary (Agriculture), Mr Ram Paul were also present. Director, Horticulture, Director, Horticulture Planning and Marketing, Managing Director, HPMC and Director, Agriculture besides, a delegation of fruit growers led by Mr Bashir Ahmed Lone, president, Fruit Association, Fruit Mandi, Sopore, also attended the meeting. The fruit market is being set up with a view to provide better marketing facilities and remunerative prices to the fruit growers. Baramulla and Kupwara districts are the major producers of fruit in the Valley. Nearly 90 per cent population of these two districts are associated with the fruit trade. During the last year alone, the fruit production in these two districts was of the order of 5.45 lakh metric tonnes, including 16000 metric tonnes dry fruit. The market, to begin with, is being developed over an area of 372 kanals. However, there is a proposal to extend it to 507 kanals in a phased manner. The market initially will have 213 shop sites. The fruit mandi besides, having auction space and shop sites, will have provision for greet space, truck and car parking as well as facility area. In addition, idle parking for 200 trucks will also be available. The market will have common utility centre with provision for mandi office, post office, dispensary, bank, computer centre and lodging. The Speaker asked the fruit growers to avail maximum benefits from various schemes under operation in the Horticulture sector. He advised them to adopt new technologies and seek timely guidance from the experts of the Horticulture Department, which will go along way in increasing the yield and improve quality of fruits. Interacting with the fruit growers, the Agriculture Minister assured them that their demand for reducing the premium of shop sites from Rs 2 lakhs to Rs one lakh was under the active consideration of the Government. He also directed the concerned agencies to ensure supply of timely and standard quality of pesticides to the fruit growers. He stressed the need for strengthening and revamping the enforcement wing of Horticulture Department for the purpose. He said that a strict action should be taken against those dealers found involved in supplying sub-standard pesticides. The Fruit Growers Association pleaded for making available more shop sites in the fruit market. |
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