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| HP launches iPAQ PDA phones in Jammu Excelsior Correspondent JAMMU, Jan 5: Hewlett Packard (HP) India in association with Best Buy Computers, the retail arm of Logic Computers...more' Jetlite to achieve break even by March: Goyal MUMBAI, Jan 5: Low cost arm of Jet Airways, Jetlite will break even by the end of this fiscal, Airliner Chairman Naresh Goyal said today highighting that the dometic market will continue to remain the core business of the company....more Genus bags orders worth Rs 125 crore MUMBAI, Jan 5: Genus Power Infrastructure has bagged orders worth Rs 125 crore for supply of electronic energy and execution of Turnkey power ........more SAIL-RDCIS wins Prestigious Golden Peacock Award NEW DELHI, Jan 5: The Research and Development Centre for Iron and Steel (RDCIS) of Steel Authority of India Limited (SAIL) has been selected as the Winner of the 'Golden Peacock Innovative Products/Service......more |
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F&O products to enter market
after getting RBI clearance CHENNAI, Jan 5: Securities and Exchange Board of India (SEBI) Chairman M Damodaran today said the proposed new F . ......more ICRA puts Tata Motors on 'watch' list NEW DELHI, Jan 5: Credit rating agency ICRA today placed Tata Motors (TML) on rating 'watch with negative implications', which reflects the likely increase in the business and financial risk profile of TML.......more Hungama ties up with FMTS to provide anti-piracy software MUMBAI, Jan 5: To tackle the growing menace of piracy which is affecting the entertainment and media industry, . ....more Cotton prices steady on moderate demand MUMBAI, Jan 5: Cotton prices remained steady on moderate demand, traders at the East India Cotton Association said today. Following are the spot cotton rates per candy (355.62 kg) in Rupees: Bengal Desi: 17,100, V-797: 17,600, Karnataka Jayadhar: .....more |
HP launches iPAQ PDA phones in Jammu Excelsior Correspondent JAMMU, Jan 5: Hewlett Packard (HP) India in association with Best Buy Computers, the retail arm of Logic Computers Jammu, launched iPAQ PDA Phones including first 5-in-1 PDA phones HP iPAQ 512 voice messenger and H 6365 pocket PC with mobile phone and camera here in Jammu today. Speaking at launching ceremony, Bhupinder Singh Siddhu, HP’s area manager said, "These are the first handheld featuring built-in integrated three ways wireless capabilities (GSM, GPRS, WLAN and Blue Tooth)". He also asserted that this announcement will strengthen HP’s ability to deliver mobile solutions by converging the voice, data and mobile digital entertainment markets. Also speaking, Sumeet Gugnani, country manager handheld said, "Keeping in tandem with the mobile revolution that is sweeping the nation, HP’s new line of iPAQs features capabilities that address the converging data and voice needs of mobile professional and consumers, allowing them to take full advantage of the rich digital services that today’s wireless networks provide". Meanwhile, H S Bedi, CEO Best Buy Computers added that sleek Microsoft Windows enabled PDA phone comes equipped with Wireless 802.11b, Bluetooth, Quad-band GSM mobile phone, mp3 stereo, digital camera and a detachable snap on-snap off keyboard at a price that starts at Rs.11,990/- onwards. Jetlite to achieve break even by March: Goyal MUMBAI, Jan 5: Low cost arm of Jet Airways, Jetlite will break even by the end of this fiscal, Airliner Chairman Naresh Goyal said today highighting that the dometic market will continue to remain the core business of the company. Talking to newsmen after flaging off the Mumbai-bahrain flight from the Chhatrapati Shivaji International Terminal here he said ''We have already reduced the losses by 50 percent and hope to achieve the break even by March this year''. Jetlite, erstwhile Air Sahara, was acquired by Mr Goyal for Rs 1450 crore in April, last year. ''At the time we acquired Air Sahara 11 out of 24 aircraft were grounded. However, in the last eight months, we have made nine aircraft functional and only two aircraft are grounded,'' he added. Mr Goyal also said that for the better functioning of the two entities, Jet Airways and Jetlite, the enginering department of both the airlines was being integrated into a single entity. (UNI) Genus bags orders worth Rs 125 crore MUMBAI, Jan 5: Genus Power Infrastructure has bagged orders worth Rs 125 crore for supply of electronic energy and execution of Turnkey power distribution projects. The company has informed the Bombay Stock Exchange in a release that the total order poistion of the company stands at Rs 450 crore, as on date. (UNI) |
SAIL-RDCIS wins Prestigious Golden Peacock Award NEW DELHI, Jan 5: The Research and Development Centre for Iron and Steel (RDCIS) of Steel Authority of India Limited (SAIL) has been selected as the Winner of the 'Golden Peacock Innovative Products/Service Award- 2007' of the Institute of Directors (IOD). According to a SAIL release issued here today, the jury for the award was headed by Justice P N Bhagwati, Former Chief Justice of India and Member, United Nations Human Right Commission. The award will be presented by the Tourism and Culture Minister Ms Ambika Soni at a special ceremony during the Valedictory Session of the 18 th World Congress on Total Quality here on January 13. The Golden Peacock Award signifies the pinnacle of achievements in recognition towards the development of innovative value-added products, suited to demanding application environment in high growth segments such as (C Construction, Automobiles, Defence etc. SAIL has successfully developed and marketed a number of special steel products like Earthquake Resistance (EQR) TMT rebars for constructional work in seismic prone zones, High Strength Roof Bolt for underground coal mines, SAILMA 550 HI Plate for penstock, High Strength Cold Rolled Steels for automobiles. Besides, strategic materials like Spade M1 and armour quality quenched and tempered plates have been developed for the Defence to reduce the country's dependence on imports. In addition, several high performance products such as high strength wear-resistant rails with high YS/UTS ratio( !] 0.58) , spring steel billets ( equivalent to SUP 11A grade) for automobiles leaf springs and medium carbon ( 0.51-0.6%) hot-rolled coils for varieties of engineering applications have been launched. During 2006-07, SAIL has marketed these products successfully in different key segments, generating net sales realisation of more than Rs 160 crore. Product development activities are among the core activities of RDCIS for which this award has been given. Previous to this, in the year 2004 RDCIS received this Golden Peacock Award in the area of manufacturing in the Steel Sector. (UNI) F&O products to enter market after getting RBI clearance CHENNAI, Jan 5: Securities and Exchange Board of India (SEBI) Chairman M Damodaran today said the proposed new F and O products would be implemented in the market on fast track basis, once it gets clearance from the RBI. Talking to newspersons here, on the sidelines of 'Symposium on Corporate Governance', organised by Committee on Corporate Governance, ICAI, he said ''we have already invited comments from the market on our seven new products, which would be introduced one by one on a fast track basis.'' ''First is already in the market- the mini futures,'' he said, adding the second one - Long Dated Futures - would be introduced in next ten days. Long Dated Futures, which were derivative products where on exercise the options position was converted into a futures position instead of delivery of the underlying. The SEBI board, at its meeting on November 14, 2007, cleared the introduction of seven new products such as mini-contracts in equity indices, options' contracts with longer life/tenure, F and O contracts on volatility index, options on futures, F and O contracts on bond index, exchange-traded currency (foreign exchange) F and O contracts and exchange-traded products involving different strategies. He also informed that the proposed 'Volatility Index' would be introduced in this month. (UNI) |
ICRA puts Tata Motors on 'watch' list NEW DELHI, Jan 5: Credit rating agency ICRA today placed Tata Motors (TML) on rating 'watch with negative implications', which reflects the likely increase in the business and financial risk profile of TML. The ratings is in the event of successful conclusion of Jaguar and Land Rover acquisitions, where Ford has announced focused discussions with TML concerning potential sale of the combined Jaguar Land Rover business, said a statement from ICRA. ICRA said it will take further rating action as and when full details of the proposed acquisition are made available. ''Should the proposed acquisition fall through, the rating watch is likely to be removed, restoring back the stable outlook,'' said ICRA (UNI) |
Hungama ties up with FMTS to provide anti-piracy software MUMBAI, Jan 5: To tackle the growing menace of piracy which is affecting the entertainment and media industry, Hungama Mobile has tied up with UK-based Friend Media Technology Systems (FMTS) to provide a solution in the form of their latest software ''Expose''. The software is aimed to enable the entertainment and media industry to identify and control the use and misuse of their intellectual properties and brands. ''Expose'' is specially customised to track down the exact source of intellectual properties and brands being pirated and distributed across the World Wide Web, whether it's an individual or the community at large. The software uses unique data analysis algorithms that monitor a vast array of sources on the Internet, ranging from peer-to-peer networks to discussion forums and newsgroups. The software promises to deliver on accurate real-time monitoring, C&D notices, competitors and market awareness, monitoring of public profile and global dissemination. Hungama Mobile Managing Director and Chief Executive Officer Neeraj Roy expects over 50 per cent of the market to start using this service within a year. (UNI) |
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