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| Maruti Udyog Ltd launches new Zen car in J&K Excelsior Correspondent JAMMU, Nov 28: Maruti Udyog Limited (MUL), India’s car market leader today launched its new Zen, which was unveiled in J&K by the Vehicleades Pvt Limited in a function here today.........more Indo-Nepal
customs KATHMANDU, Nov 28: The ninth meeting of the customs chiefs of Nepal and India began in Kathmandu today to discuss ways to bring uniformity in ....more Sony
to launch BEIJING, Nov 28: Sony corp said on Friday it will launch its popular playstation 2 video game console in China on Dec 20.....more Air
Sahara launches NEW DELHI, Nov 28: Air Sahara today added a direct flight from Delhi to Hyderabad to strengthen its service in the southern......more |
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Bajaj Auto Ltd launches pollution free new goods carrier in Jammu Excelsior Correspondent JAMMU, Nov 28: After receiving tremendous response in other states of the country, Bajaj Auto Limited (BAL) today launched pollution free new goods carrier—GC 1000—in Jammu....more Govt
banned free NEW DELHI, Nov 28: To check the growing mis-usage of kerosene by the parallel market importers as well as mixing with .....more UPSE
reduces listing KANPUR, Nov 28: The Uttar Pradesh Stock Exchange has announced to reduce.......more Dock
workers plan action MUMBAI, Nov 28: The transport and dock workers’ union, in association with the Maritime......more |
Maruti Udyog Ltd launches new Zen car in J&K Excelsior Correspondent JAMMU, Nov 28: Maruti Udyog Limited (MUL), India’s car market leader today launched its new Zen, which was unveiled in J&K by the Vehicleades Pvt Limited in a function here today. Managing Director of the Jamkash Vehicleades Pvt Ltd, Mr Devinder Rana while launching the new car in a function held here today said that Zen is India’s first indigenously designed car which under scores Maruti’s R and D expertise. He disclosed that for the first time ever, the entire styling and designing of a car has been done in India. The new Zen presents Maruti’s inhouse competence to do a full face lift of a car. He said the new car comes with a contemporary European styling. It retains all the popular attributes of Zen, low-slung seating, exhilarating performance, great sensory appeal , trust, low operative cost and excellent fuel efficiency. The innovations and modifications include an all-new bonnet, a fashionable new grille, fenders, a new set of clear multi-reflector headlamps and front and rear fog lamps, an arresting bumper alongwith bonded rear screens. The new Zen comes with a new hatch door, tail lamp and a stylish new number plate position. It also has a redesigned gear shift lever, a central console and rear head rests for safety and comfort. Mr Rana further said that new Zen comes in a selection of six colours, including four new ones. The Vehicleades an ISO 9002 Company has emerged as a top selling dealer of the northern India of Maruti and has won 6 All India awards for excellence in sales, service, marketing and customer satisfaction. He disclosed that a team of 30 committed and passionate people from Maruti’s R and D have worked on the project for over two years. |
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Indo-Nepal customs meet begins KATHMANDU, Nov 28: The ninth meeting of the customs chiefs of Nepal and India began in Kathmandu today to discuss ways to bring uniformity in the customs systems of the two countries and check smuggling at the customs check points. Matters relating to increasing the efficiency of customs checking and the efficiency and effectiveness of bilateral border customs will also be discussed at the meeting, Nepal Customs Department Director General Krishnahari Baskota said. Mr Baskota is leading a 13-member team at the three-day meeting while the eight-member Indian delegation is led by the Director General of the Revenue Administration Department. (UNI) |
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Sony to launch playstation 2 in China Dec 20 BEIJING, Nov 28: Sony corp said on Friday it will launch its popular playstation 2 video game console in China on Dec 20, as the Japanese electronics giant taps a market that is potentially vast but also plagued by pirated software. The machine will sell for 1,988 yuan ( 240) in China, compared to 179 in the United States, the company said in a statement. Sony has sold 62 million playstation 2 consoles worldwide, and is heading into the holiday season hoping to cut costs and squeeze more profits out of the market-leading machine. Sony will sell the console in five Chinese cities to begin with — Beijing, Shanghai, Guangzhou, Shenzhen and Chengdu with more to follow. It indicated that two games would be available at the launch for 168 yuan each. "In response to strong nationwide request for playstation 2 in China, Sony China is committed to develop a full-fledged playstation 2 business in the growing market," Sony China chairman Hiroshi Shoda said in a statement. Sony’s chief competitors are microsoft corp, which makes the xbox console, and Japanese Rival Nintendo Co Ltd, which sells the gamecube machine. Both consoles have sold about 10 million units. Though all the machines are sold in Chinese-speaking regions like Hong Kong and Taiwan, the console makers have shunned mainland China because of rampant counterfeiting that sees fake games sell for a dollar or two, compared to 50 in the United States. Sony said major game developers such as Konami corp, Sega corp, Namco Ltd and Taito corp were working on Chinese versions of some games. Playstation is crucial to Sony’s bottom line. Last year, the games division accounted for just 13 percent of sales, but nearly two-thirds of operating profits. Sony said in July it hoped to sell 20 million playstation 2 units globally this year. In September, Nintendo said it would start selling a special console developed specifically for the Chinese market. To thwart piracy, that machine uses a flash memory card to which games can be downloaded in stores. (AGENCIES) |
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Air Sahara launches direct flight to Hyderabad NEW DELHI, Nov 28: Air Sahara today added a direct flight from Delhi to Hyderabad to strengthen its service in the southern sector. The airline said it is increasing its frequency on the Delhi-Lucknow sector with two additional return flights and a return flight on the Mumbai-Ahmedabad sector. It will now offer 120 daily flights across the country with a seating capacity of 12,220. Air Sahara’s fleet today includes new generation Boeing 737-700, 737-800 and 737-400 aircraft besides four CRJ-200s. The fleet also includes four helicopters which provide chartered services between Delhi and Mumbai. (UNI) |
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Bajaj Auto Ltd launches
pollution free new Excelsior Correspondent JAMMU, Nov 28: After receiving tremendous response in other states of the country, Bajaj Auto Limited (BAL) today launched pollution free new goods carrier—GC 1000—in Jammu. The vehicle is powered by a 416 cc, 8.5 BHP world famous Japanese Kubota engine. The design of the vehicle is based entirely on consumer surveys. In addition to paying attention to the dimensions, there are number of other features that have been incorporated to make the vehicle satisfy to meet the need of the customers and make it suitable for all operating conditions. Talking to media-persons, Nr R M Kapoor, Regional Manager North of Bajaj Auto, said that the diaphragm type foot operated clutch makes the clutch operation very easy and comfortable and immense to clutch life and added that the front fork type suspension lends stability and control to the vehicle. "The chasis has been made very sturdy and all customers who have seen the vehicle have really appreciated the strength of the chasis", Mr Kapoor said and added that company’s understanding of the Indian customers, their driving, loading habits, economy in operating costs have helped to design a vehicle ideally suited to the Indian conditions and Indian operators. In keeping with Bajaj Auto’s credo of providing value for money to its customers, he said, the GC-1000 vehicle has been priced at very economical Rs 1,03,365 ex-showroom Jammu. "We are selling about 1800 GC-100 vehicles per month in other parts of the country and keeping in view the good feedback, we launched the vehicle here", the Regional Manager North of company said. Disclosing that Bajaj Auto Ltd has been constantly focussing on the commercial vehicle segment, Mr Kapoor said that about 450 engineers of the company have been continuously upgrading the products and making them eco-friendly and added that Bajaj Auto has sold about 1,51,000 three-wheelers last year. About GC-1000, Mr Dinesh Bhasin, DGM-Service Bajaj Auto, said that upto 1,25,000 kilometres the vehicle doesnot require overhauling provided it is properly maintained and added that company has been providing first service at 13,000 kilometres. The four stroke GC-1000 goods carrier has an average of 35-36 kilometres per litre in plain areas and 30-32 kilometre per litre in hilly areas. |
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Govt banned free import of kerosene kept it in canalised list NEW DELHI, Nov 28: To check the growing mis-usage of kerosene by the parallel market importers as well as mixing with diesel, the Government has banned free import of kerosene and canalised it through five public sector companies. A notification to this effect has been issued by the DGFT, imposing certain restrictions on the imports. Welcoming the decision, Petroleum Minister Ram Naik told UNI that that his ministry has demanded to impose restrictions imports on kerosene as it was being used as an adultrant in the diesel, whose consumption have been showing downfall in certain pockets specially in the coastal region. He said that because of illegal usage of kerosene, the consumption in the first six months had shown a negative growth of 3.7 percent as against the positive growth of three percent in prevoius year. The negative growth of diesel is seen as unusal because the demand should have been higher in the wake of good monsoon and increase in economic activities. (UNI) |
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UPSE reduces listing fee from next fiscal KANPUR, Nov 28: The Uttar Pradesh Stock Exchange has announced to reduce listing fee with effect from April 1, 2004. To attract investors and strengthen its financial viability. UPSE Executive Director K C Pandey told UNI today considering recent development in the capital market and changes in policies regarding listing of securities at stock exchanges, the UPSE had considerably reduced the listing fee to be charged from listed companies from the next financial year 2004-2005. Securities and Exchange Board of India (SEBI) had given freedom to stock exchanges in the country to charge listing fee from listed companies without seeking its approval vide its order dated June 19, 2003, he claimed. Mr Pandey said companies with paid-up share or debenture capital between Rs 1 crore and Rs 5 crore would pay Rs 9000 against Rs 12,000, while companies with capital between Rs 5 crore and Rs 10 crore would pay Rs 14,000 against Rs 20,000. Similarly, companies with paid UP share or debenture capital between Rs 10 crore and Rs 20 crore would have to pay Rs 28,000 against Rs 40,000. He said companies which have paid-up capital of more than Rs 20 crore would pay additional listing fees of Rs 600 for every increase of one crore rupees or part thereof in the paid up share/debenture capital. Mr Pandey informed a discount of 50 per cent will be applicable on the annual listing fee for companies, whose registered offices were outside Uttar Pradesh and Uttranchal. However, this discount is not applicable to companies, whose securities were listed in this exchange only, he said. (UNI) |
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Dock workers plan action against
FoC vessels MUMBAI, Nov 28: The transport and dock workers’ union, in association with the Maritime Union of India (MUI) and the National Union of Seafarers of India (NUSI), is planning a week-long action against the Flag of Convenience (FoC) vessels from December 1 to 5, dock workers’ Union Secretary R M Murthy said here. The union is demanding that the Central Government enact a law to curb the plying of foC vessels in Indian waters in order to provide more employment opportunities to Indian sailors, he told UNI. The action campaign will be against the vessels calling at the Jawaharlal Nehru Port Trust (JNPT) and the Mumbai Port Trust (MBPT). Meanwhile, International Transport Workers’ Federation (ITF) regional chairperson (Asia-Pacific region) Manohar Kotwal gave a clarion call to all the affiliates of IFT in all the 12 major ports of India to join the campaign against the FoC vessels. He pointed out that Indian ports have become heaven for sub-standard ships voyaging with meagerly paid salsries to sailors. "Seafarers of countries in the south Asian region would participate in the week-long campaign against substandard ships from countries shortlisted by ITF, London", Mr Kotwal added. "The Indian tax structure unwittingly encourages the plying of foc vessels on the Indian shores. To attract forex several countries are offering tax sops and soft law regimes to ship owners. The vessels of Indian origin registered in the country are required to fork out 22 per cent of their profits as Income Tax to the Government and whereas FoC vessels plying on the same sea route and the same shore line have no tax liability", Mr Kotwal added. The dock workers urged the Government to enact a law to curb the plying of FoC vessels on the Indian shores so as to give impetus to Indian shipping and the sailors employment potential. Explaining the action plan here dock workers’ Union Secretaries P K Raman and Kirti Parek said that the campaign includes extensive tracking of FoC vessels for on-the-spot assessments for violation of ITF’s wage and safety standards. (UNI) |
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Carbon-based technology could
bring KANPUR, Nov 28: Indian Institute of Technology (IIT), Kanpur, Director S G Dhande has called upon industrialists to use the indigenous carbon-based technology, which could bring revolutionary changes by cutting down costs. Speaking at a national conference on carbon organised by the Indian Carbon Society at Defence Materials and Stores Research and Development Establishment (DMSRDE) here yesterday, Prof Dhande said carbon technology was being used in various spheres including electronics, aerospace, pollution prevention and automobile. He said the effluents released by industries, especially the leather units, could be treated by different types of carbon-oxygen surface structures. He said elemental carbon could be tailored to act as a conductor, semi-conductor or insulator. New nano-carbon materials such as fullerene, nano-tubes and nano-wires may reduce the size of electronic devices drastically. In his welcome address, DMSRDE Director, GN Mathur said the DMSRDE lab had developed Nuclear Biological Chemical (NBC) protective devices based on Active Carbon Spheres (ACS), which are able to provide protection and comfort better than any device available in the world. Besides, DMSRDE has developed fullerene derivatives useful in medical science, carbo graphite seals for aerospace application and nano materials such as multi walled and single walled nano tubes, carbon nanotubes and hellics. (UNI) |
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NEW DELHI, Nov 28: The Vigyan rail - science exhibition on the wheels - will be flagged off from here by Prime Minister Atal Bihari Vajpayee on December 15. According to official sources, during its eight-month-long journey, it will cover 51 destinations. The rail will have 12 exhibition coaches and would carry exhibits, working models and activities, depicting India’s achievements in the fields of science and technology since Independence. These would include space, atomic energy, power, communication, ocean development, information technology, defence, agriculture, non-conventional energy, healthcare, medicine, enviroment, meteorology and survey of India. The vigyan rail, a joint endeavour of the Ministry of Science and Technology and the Ministry of Railways, aims to cultivate scientific temper among the people, especially children, in the remote and backward areas. (UNI) |
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Munger bridge to be completed by 2007: Nitish LAKHISARAI, BIHAR, Nov 28: Railway Minister Nitish Kumar has said the rail bridge across the Ganga at Munger would be completed by 2007. Addressing a public meeting after inaugurating the computersied passenger reservation terminal at Abhaypur station under Kiul-Jamalpur section of eastern railway yesterday, Mr Kumar said Prime Minister Atal Bihari Vajpayee had laid the foundation for the bridge on December 26 last year and added that the construction of the bridge’s one of pillars started immediately. Mr Kumar said the facility of computersied passenger reservation terminal had been extended to all the important railway stations and also to all the district headquarters of the country. Abhaypur station is the 55th railway station in Bihar which would enjoy the facility of computerises passenger reservation system. (UNI) S Korea ind output up for 3rd month, tops forecasts SEOUL, Nov 28: South Korea’s industrial output rose a provisional 2.4 percent in October from September, well ahead of forecasts, as strong exports fanned production, the Government said. It was the third consecutive monthly rise in industrial output in Asia’s fourth-largest economy, which is widely regarded to have bottomed out after falling into recession in the first half and be staging a modest recovery. The seasonally adjusted monthly reading outstripped a median forecast for a 0.8 percent rise in a survey of 10 economists conducted this week. Output had risen 2.9 percent in September. Without taking into account seasonal factors, output rose 7.4 percent in October from a year ago, versus a revised 6.7 percent increase in September and a 13.8 percent rise in October, 2002, the National Statistical Office (NSO) said. (AGENCIES) |
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