Business Line articles from October 2008, page 31

Business Line archives from October 2008

NEWS: Harvard Business School to offer short-term programme.
October 1, 2008... from BUSINESS LINE, October 01, 2008 New Delhi, Sept 30 - Harvard Business School, in conjunction with the Harvard Business School India Research Center (IRC), today announced plans to offer a second session of its Building a Global...

CORPORATE: Mahindra Lifespaces looks at foray into 'value homes' segment.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Mumbai, Sept. 30 - Mahindra Lifespaces, the real estate arm of the Mahindra Group, is in the process of mapping its entry into the affordable home segment. "The first could be at Gurgaon, where we have...

CORPORATE: UEI Global School plans 60 training centres by 2010.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Thiruvananthapuram, Sept. 30 - UEI Global School of Service Management, an educational venture promoted by the New York-based Berggruen Holdings, plans to have 60 training centres across the country by...

CORPORATE: ITC plantations help feed Bhadrachalam mill with wood.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Kolkata, Sept. 30 - Over 93 per cent of ITC's Bhadrachalam mill's wood requirement in 2007-08 came from plantations initiated through ITC's forestry project undertaken by tribals and marginal farmers,...

INFO-TECH: Persistent to focus on domestic clientele.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Hyderabad, Sept. 30 - Pune-based software product development company Persistent Systems is planning to expand its telecom clientele in India. At present, Persistent derives a major part of its total...

INFO-TECH: Roll out 3G fast, Minister tells BSNL.
October 1, 2008... from BUSINESS LINE, October 01, 2008 New Delhi, Sept. 30 - Concerned over the dwindling market share of BSNL in the mobile telephony space, the Communications and IT Minister, Mr A, Raja, on Tuesday asked the State-owned operator to improve...

INFO-TECH: Novatium offers new service on subscription model.
October 1, 2008... from BUSINESS LINE, October 01, 2008 New Delhi, Sept. 30 - Consumers can now look to pick-and-choose computing applications and pay for the usage through a subscription model, with Novatium Solutions on Tuesday unveiling the Nova Navigator,...

INFO-TECH: RCom plans SEZ at Mumbai campus.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Mumbai, Sept. 30 - Reliance Communications has embarked on a Rs 1,000-crore project to develop part of its 132 acre campus near Mumbai as a special economic zone. The SEZ at the Dhirubhai Ambani...

INFO-TECH: IT budgets may shrink by a fifth in BFSI sector.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Bangalore Sept. 30 - IT spending by global financial institutions may shrink by a fifth in 2009 as large entities such as Bear Stearns, Lehman Brothers, Merrill Lynch and Wachovia Corp become victims of...

INFO-TECH: Yodlee tech enables YES Bank to offer new service.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Bangalore, Sept. 30 - Private Sector bank YES Bank said on Tuesday it would offer account aggregation services to its customers, who would be able to access their other financial information on their YES...

INFO-TECH: Hero Mindmine partners with BCI.
October 1, 2008... from BUSINESS LINE, October 01, 2008 New Delhi, Sept. 30 - Training and consulting firm Hero Mindmine Institute Ltd has partnered with US-based BPO Certification Institute Inc (BCI) to sharpen focus on BPO trainings. "The BCI is trying to...

INFO-TECH: Idea services in Bihar, Jharkhand.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Mumbai, Sept. 30 - Idea Cellular said on Tuesday that it has launched its GSM mobile telephony services in Bihar & Jharkhand through its wholly owned subsidiary Aditya Birla Telecom. According to a press...

INFO-TECH: Satyam BPO's interim Chief.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Hyderabad, Sep. 30 - Satyam Computer Services Ltd has named Mr Vijay Rangineni as the Interim Chief Executive Officer (CEO) of Satyam BPO. The move follows the quitting of the CEO, Mr Venkatesh Roddam. In...

INFO-TECH: Shyam Tele promises lowest tariffs.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Jaipur, Sept. 30 - Shyam Telelink, the joint venture mobile company between Russian conglomerate Sistema and Shyam Group, on Tuesday launched its CDMA based cellular services from Rajasthan and declared a...

INFO-TECH: Polaris to buy US co in all-cash deal.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Chennai, Sept. 30 - Polaris Software Lab Ltd has signed a definitive agreement to acquire SEEC Inc, a US-based product and component services company for insurance vertical. It will be an all cash deal. No...

CORPORATE: Dredging Corpn declares 150% dividend.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Visakhapatnam, Sept. 30 - The Dredging Corporation of India (DCI) has declared dividend of 150 per cent for the third time, including interim dividend of 75 per cent paid in March, for 2007-08, involving...

CORPORATE: Honda Siel to begin auto component exports.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Chennai, Sept. 30 - Honda Siel Cars India Ltd will soon commence exports of auto components from India. Initially, the company intends to export crankshafts and connecting rods - both engine components...

MARKETING: Hyundai launches LPG variant of Santro.
October 1, 2008... from BUSINESS LINE, October 01, 2008 New Delhi, Sept. 30 - Hyundai Motor India on Tuesday launched a liquefied petroleum gas variant of Santro at Rs 21,500 more than the existing petrol model. The LPG version of the model, known as Santro eco...

CORPORATE: Mahindra Holidays to invest Rs 400 cr for expansion.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Mumbai, Sept. 30 - Mahindra Holidays & Resorts India Ltd, part of the $6-billion Mahindra Group, is investing Rs 400 crore this fiscal to expand its network from the current 800 rooms to 1,500. "The...

CORPORATE: Special Engg to set up seating system plant in Chennai.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Chennai, Sept. 30 - Kolkata-based GP Birla and CK Birla group-owned Special Engineering Services Ltd is setting up an assembly plant in Chennai to supply seating systems to Hindustan Motors's new offering...

CORPORATE: Dabur's Gulf plant to start production by Dec.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Ahmedabad, Sept. 30 - Dabur India Ltd's new plant at Ras-al-Khaimah in the United Arab Emirates (UAE) will start production of personal care products by December 2008, a company official said here. ...

NEWS: Low demand from fertiliser sector to hit spot LNG.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Kolkata, Sept. 30 - Come October and Gujarat may face sharp drop in demand for spot LNG from the fertiliser sector, which is one of the largest buyers of gas contributing approximately 25 per cent of the...

CORPORATE: Jessop gets Emirates Trading Agency order.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Kolkata, Sept. 30 - The Ruia group controlled Jessop and Co Ltd has received order from the Emirates Trading Agency (ETA) group of Dubai for supplying five rakes of wagons worth Rs. 50 crore to its Indian...

CORPORATE: Agilent Tech solution promises better study of genomics.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Hyderabad, Sept. 30 - In a major breakthrough that is likely to make the life of researchers and scientists working in the areas of genomics and disease studies easier, Agilent Technologies has launched a...

CORPORATE: BEL pays 147% final dividend.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Bangalore, Sept. 30 - Bharat Electronics Ltd has declared a total dividend of 207 per cent for the year 2007-08. It declared the final dividend of 147 per cent at the AGM on Monday. This is in...

CORPORATE: BEL bags Rs 100-cr order for voting machines.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Bangalore, Sept. 30 - The Election Commission, which has just placed a Rs 100-crore-plus order for 1.02 lakh electronic voting machines with Bharat Electronics Ltd, is looking at innovations in it such as...

CORPORATE: Leyland sets up venture with US co John Deree.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Chennai, Sept. 30 - Ashok Leyland today announced the setting up of a joint venture with the US-based John Deere to make construction equipment. At a press conference, the Managing Director of Ashok...

CORPORATE: Premji, IFCI Ventures to fund Khattar's biz.
October 1, 2008... from BUSINESS LINE, October 01, 2008 New Delhi, Sept. 30 - Mr Azim Premji would invest Rs 80 crore through his private investment arm PremjiInvest in the new venture of former Maruti Suzuki Managing Director, Mr Jagdish Khattar, for multi...

CORPORATE: SAIL, L&T in pact for power plants.
October 1, 2008... from BUSINESS LINE, October 01, 2008 New Delhi, Sept. 30 - State-owned Steel Authority of India Ltd (SAIL) said here on Tuesday it had signed a memorandum of understanding with engineering and construction major, Larsen & Toubro Ltd, for...

CORPORATE: BHEL bags Rs 990-cr order.
October 1, 2008... from BUSINESS LINE, October 01, 2008 New Delhi, Sept. 30 - State-run power equipment major Bharat Heavy Electricals Ltd (BHEL) on Tuesday announced it has bagged a Rs 990- crore order to set up a 500 MW (2x250 MW) thermal power plant in...

CORPORATE: New range of Logan cars launched.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Bangalore, Sept. 30 - Mahindra Renault on Tuesday launched a new collection of Logan cars which will replace its older versions across the country. Mahindra Renault Marketing head, Mr Gerald Porcario,...

CORPORATE: Coal India misses deadline for fuel supply pacts.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Kolkata. Sept. 30 - Differences on the guaranteed offtake or supply level (described as trigger) have once again come in Coal India's way to enter into fuel supply agreements (FSA) with power utilities...

FRONT PAGE: Tata's Advinus Therapeutics in drug development deal with J&J arm.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Mumbai, Sept. 30 - Three-year-old Advinus Therapeutics, a Tata group company, has entered into a drug development collaboration with Johnson and Johnson subsidiary, Ortho-McNeil-Janssen Pharmaceuticals...

FRONT PAGE: Chidambaram, Bhave calm investor nerves.
October 1, 2008... from BUSINESS LINE, October 01, 2008 New Delhi, Sept. 30 - Indian stock market indices on Tuesday bucked global slide in stock prices, thanks to the unequivocal assurances from the Union Finance Minister, Mr P. Chidambaram, and the SEBI...

FRONT PAGE: 'Health' talks lift gloomy market.
October 1, 2008... from BUSINESS LINE, October 01, 2008 Mumbai, Sept. 30 - Domestic equities that opened sharply lower on Tuesday following the failure of the US financial bailout package, bounced back on reassurance from the financial regulators. ...

FRONT PAGE: Have a smoke-free electronic cigarette!
October 1, 2008... from BUSINESS LINE, October 01, 2008 Mumbai, Sept. 30 - Smokers can now light up in public places and yet, not attract Union Health Minister, Dr Anbumani Ramadoss' ire, thanks to electronic-cigarettes finding their way into local markets. ...