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| Tata Sky slashes its price for customers Excelsior Correspondent MUMBAI, Feb 13: Within a month of crossing 15 lakh connection mark, Tata Sky announced a dramatic reduction of 50% in.....more' Havell's
launches new Excelsior Correspondent JAMMU, Feb 13: Havell's Electrical India Limited launched its new range of modular switches...more Eicher Motors Jan sales down 17 pc NEW DELHI, Feb 13: Commercial vehicle manufacturer Eicher Motors today reported a 17 per cent decline in total sales in January at 2,253 units as against 2,,......more Call centres in India to grow 65% in 2007-08 NEW DELHI, Feb 13: Domestic call centres’ revenue is likely to grow by 65 per cent in the current fiscal to touch Rs 8,500 crore, a study says.The survey of the captive and third party call centres done by Dataquest further says.....more |
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Hyundai gets nod to supply for Govt
purchases NEW DELHI, Feb 13: Korean car major Hyundai today said it has got approval for supplying vehicles to government institutions for the first time since it set up ......more BHP, Rio Tinto merger detrimental to steel consumers: IISI NEW DELHI, Feb 13: IISI, the apex body of global steel producers, today opposed the ......more Nokia launches mobile phones that doubles as navigation device BARCELONA, Feb 13: World’s largest cellphone maker Nokia today launched a number of new devices, including phones that .......more Onion exports likely to dip 20 pc in April-Feb NEW DELHI, Feb 13: Onion exports during the first 11 months of the current fiscal is likely to decline 20 per cent at about 8.5 lakh tons compared with the year-ago period due to restrictions on overseas sales during festival season.The onion exports during April-February in 2006-07 fiscal was 1....more |
Tata Sky slashes its price for customers Excelsior Correspondent MUMBAI, Feb 13: Within a month of crossing 15 lakh connection mark, Tata Sky announced a dramatic reduction of 50% in its hardware price. The rapid subscriber ramp-up in a short span of 16 months has resulted in large cost savings for the company, which decided to pass it on to its customers. This move combined with the recent introduction of attractively priced subscription packages (starting Rs 200 per month), continues the company’s endeavour to make digital quality television viewing possible for every family in India. In addition, Tata Sky has also announced its plan to launch its high-end Personal View Recorder (PVR) this year, which would help subscribers pause live television, record multiple programmes and enjoy true video-on-demand. Tata Sky’s parent company, Newscorp, has already launched PVR very successfully in the UK, Italy and Australia. Vikram Kaushik, MD and CEO, Tata Sky said, "It is the confidence shown by the customers in our service that has helped us achieve the unparalleled feat of 1.5 million connections within 16 months of launch. Hence it is more fair that we share the benefits of this feat with them. With our hardware priced at Rs 1499, our world class service will now be affordable for consumers across all strata of the society, said Mr Vikram Kaushik. He added, "we are confident that this pricing will catapult the process of digitization across the country and help boost Government’s efforts to digitize India by 2010 for the Common-Wealth games. Havell's launches new range of switches Excelsior Correspondent JAMMU, Feb 13: Havell's Electrical India Limited launched its new range of modular switches in the brand name of ‘Coral’, here today. Launching the new range, Sanjay Gupta, branch head, informed that the design and modified knobs of the modular switch provides soft operations and its ultratech technique ensures longevity, quality and reliability. He further said that these switches, available in pure white finish, will add to the beauty of homes and offices for years. Ravinder Mantoo, business associate was also present during the launching ceremony. Havell's is one of the India’s largest and fastest growing electrical company which deals in wide range of products including building circuit protection switchgears, CFL, fans and commercial and industrial applications. Eicher Motors Jan sales down 17 pc NEW DELHI, Feb 13: Commercial vehicle manufacturer Eicher Motors today reported a 17 per cent decline in total sales in January at 2,253 units as against 2,713 units in the same month last year. The company said its domestic sales declined by 22 per cent to 2,045 units as compared to 2,612 units in the corresponding period previous year. Exports during the month stood at 208 units, compared to 101 units last year, up by 106 per cent. Light commercial vehicle sales in the domestic market during the month dipped by 26 per cent at 1,655 units, the same stood at 2,242 units in January 2007. Heavy commercial vehicle sales was however up five per cent at 390 units, as against 370 units in January last year, it said. (PTI) |
Call centres in India to grow 65% in 2007-08 NEW DELHI, Feb 13: Domestic call centres’ revenue is likely to grow by 65 per cent in the current fiscal to touch Rs 8,500 crore, a study says. The survey of the captive and third party call centres done by Dataquest further says this estimated growth is up from 42 per cent recorded in the previous year. The industry posted revenues of Rs 5,200 crore in 2006-07 with the captive call centres, which service a company’s own clients, contributing nearly 70 per cent at Rs 3,598 crore. The outsourced call centre industry (those servicing the needs of third party clients) posted revenues of Rs 1,602 crore. Of this, the organised players (those employing more than 200 people) contributed Rs 1,097 crore, while the revenue from the unorganised players added about Rs 505 crore. Of the total work force of over 280,000 people in the domestic call centre industry at 2007-end, 130,000 were employed by captive call centres and over 150,000 by the outsourced industry. Top 10 outsourced players employed 71,645 people and contributed 749 crore, that is about 47 per cent of the outsourced industry, according to the survey. The study reveals that the telecom and the banking and financial services industry (BFSI) together account for 80 per cent of the domestic outsourced call centre business. Almost all the telecom major players-Bharti, Vodafone, BSNL, Spice and Idea-have outsourced their call centre services. But these two sectors appear to have a very different approach to the services they are outsourcing. While telecom players are outsourcing largely inbound customer service, the BFSI segment prefers to keep customer service in-house only giving out telemarketing services-a mix of cold calling, sales queries and loyalty selling. However, it is the private sector banks that have taken the lead in outsourcing with ICICI Bank, HDFC Bank, Citibank, ABN Amro, HSBC giving out a lot of business. But the survey notes that India’s largest bank, State Bank of India, too, has begun outsourcing recently. Dataquest Chief Editor Prasanto K Roy said, "Government and citizen services are growing rapidly, and this presents a high potential market in the coming year. As the market enters a phase when players will have to rapidly scale up, the industry needs to focus on attracting, retaining and developing manpower." (UNI) Hyundai gets nod to supply for Govt purchases NEW DELHI, Feb 13: Korean car major Hyundai today said it has got approval for supplying vehicles to government institutions for the first time since it set up shop in India in 1996. The mid-sized sedan Accent GLE, has been selected by the Government of India for its fleet of official cars, Hyundai Motor India Ltd (HMIL) said in a statement. The Directorate General of Supplies & Disposals (DGS&D) in the Department of Supplies under the Ministry of Commerce, the central purchase and quality assurance organisation of the Union Government, has approved the Accent GLE for use by all Government departments across the country, it added. Commenting on the development, HMIL Senior Vice-President (Marketing and Sales), Arvind Saxena said it is a welcome acknowledgement of the company’s products. "This (Government supplies) is an important market for us and the Accent is the right product for this category of users with its compact size, high fuel efficiency and time tested performance," he added. With this, Hyundai Motor India, which currently sells around 1,000 units of the Accent GLE a month, expects to increase the user base of the sedan, the statement added. The Accent will be supplied to all Government agencies at the Union and state levels at a special rate, it said without specifying details. The DGS&D is also currently evaluating the Hyundai Verna and Sonata models for registration as approved automobiles for acquisition by Government bodies, it added. (PTI) |
BHP, Rio Tinto merger detrimental to steel consumers: IISI NEW DELHI, Feb 13: IISI, the apex body of global steel producers, today opposed the proposed merger between major iron ore suppliers - BHP Billiton and Rio Tinto, and called on relevant competition authorities to review the alliance. IISI said the proposed merger will raise steel prices and would be against public interest. In a statement, International Iron and Steel Institute (IISI) Secretary General Ian Christmas said CVRD owns virtually the whole of the Brazilian iron ore export industry. BHP Billiton together with Rio Tinto would similarly control Australian iron ore exports. He said all Australian iron ore exports go to Japan, China and other Asian countries. So, Australia was the main source of ore for these countries. BHP Billiton has for years been trying to equalise landed prices for its ore exports to Asia with the landed cost of Brazilian ore, which includes a far higher freight component. "If it controlled all Australian exports it would be in a monopoly position to force this through, increasing iron ore costs to the detriment of steel consumers worldwide," he said. Therefore, allowing BHP Billiton and Rio Tinto to merge would create a virtual monopoly on Australian ore exports to match that of CVRD in Brazil and almost 80 per cent of world seaborne iron ore exports would then be controlled by these two suppliers, he said in the statement. He asked competition regulators to examine implications for future pricing and the competitive environment for iron ore. (PTI) |
Nokia launches mobile phones that doubles as navigation device BARCELONA, Feb 13: World’s largest cellphone maker Nokia today launched a number of new devices, including phones that offer location-based navigation services, a move that will help the company consolidate its leadership in the mobile space. Nokia improved its market share to 40 per cent last year and hopes to better it. Launching four mobile phones at the GSM World Congress, the company said these were no longer mobile phones but mini personal computers. "As we continue to free the internet from the limitations of the desktop, we are taking mobility into a completely new realm of possibility," said Olli-Pekka Kallasvuo, Chief Executive Officer of Nokia. The four devices-N96, Nokia N78, Nokia 6220 and Nokia 6219 Navigator-all exhibit different location based and multimedia experiences from pedestrian navigation to geo-tagging and movie viewing to video and photo sharing. All the phones would be available in the market beginning second quarter of this year. Commenting on the new range of i-phones from Apple and other companies, Nokia officials said they were ready to face the competition. Commenting on the new range of phones, Kai Ostamo, Nokia’s Executive Vice President (Mobile Phones), said that "we would like to be called Mobile Experience Company and not just a mobile phone company." (PTI) |
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