Business Line articles from October 2008, page 7

Business Line archives from October 2008

LIFE: Tandoor in Geneva.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Mandarin Oriental, Geneva, has launched two new restaurants -'Rasoi by Vineet' and 'Le Sud', both designed by the internationally- acclaimed Adam D. Tihany. One is an Indian restaurant and the other a...

LIFE: Grow up!
October 24, 2008... from BUSINESS LINE, October 24, 2008 Should Indian cinema stay away from animation? Judging by the scores of production houses marching down the animated path, the question seems almost redundant. But if you go by the results on the screen,...

LIFE: The light of hope.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Ethnic and designer wear are the buzzwords today, when it comes to clothes, jewellery, artefacts or even home accessories. And with Diwali approaching, even the humble earthenware lamps or diyas have not...

LIFE: It's Green.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Sheen Thomas, a member of Kochi's Go Green International (GGI) society, has invented a portable bio-gas plant, which can be placed in the kitchen to decompose organic waste and produce bio-gas. The device...

LIFE: Hands that care.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Humra Quraishi I didn't have the slightest clue about the Alzheimer's disease (AD) until it struck home. My elderly father was afflicted by the disease, displaying symptoms soon after retirement. He began...

LIFE: Spooky trail.
October 24, 2008... from BUSINESS LINE, October 24, 2008 There are no traffic jams and urban sprawl to be seen here. Dartmoor National Park is a reservoir of quietude. It is the largest area of open country in southern Britain. Mile upon mile of unspoilt beauty...

LIFE: Correct your posture.
October 24, 2008... from BUSINESS LINE, October 24, 2008 I am 25 years old, 6 feel tall and weigh 72 kg. I want to reduce my belly. Please guide me in diet and exercise. Akarsh You aren't overweight. So, your belly could be due to an indifferent posture....

LIFE: Growth space reserved.
October 24, 2008... from BUSINESS LINE, October 24, 2008 As the global economic slowdown brings more bad news with each passing day, no economy will be able to escape its adverse implications. But the Indian IT industry is in a position to weather this storm,...

VARIETY: Some proud moments... and some shameful.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Sixty odd years of hate is not enough. More have to be hated. The poor have fallen off the margins. An ordinary human cannot live ordinarily in my dear city, Mumbai. If anyone cares to walk down Link...

STATES: APMDC to take up study of fullerene metal.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Hyderabad, Oct. 23 - The Chief Minister, Dr. Y.S. Rajasekhara Reddy, has directed the Andhra Pradesh Mining Development Corporation (APMDC) to take up an in-depth scientific study on the exploitation and...

STATES: Radha Realty unveils Rs 12-cr luxury home.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Hyderabad, Oct. 23 - A four-storeyed home with a built up area of 11,800 sq. ft, five-bedrooms, a private swimming pool, private elevator, five car parking spaces, a designer home entertainment room and...

STATES: CII moots 200% weighted deduction on research fund for SMEs.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Hyderabad, Oct. 23 - The Confederation of Indian Industry in its pre-Budget memorandum for the Union Budget 2009-10 has recommended provision of 200 per cent weighted deduction for contributions made by...

STATES: Retail likely to be brought under credit guarantee fund.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Hyderabad, Oct. 23 - Keeping in mind the growing interest in the retail industry, the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) has written to the Union Government to bring...

STATES: NSEL in pact to set up 20 warehouses in Maharashtra.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Mumbai, Oct. 23 - NCDEX Spot Exchange Ltd (NSEL), the Maharashtra State Warehousing Corporation (MSWC) and the National Collateral Management Services, a subsidiary of NCDEX, have signed a memorandum of...

STATES: KSIDC introduces credit rating for projects.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Thiruvananthapuram, Oct. 23 - The Kerala State Industrial Development Corporation (KSIDC) has introduced a credit rating mechanism for new proposals. The credit rating will take into account factors...

STATES: Seminar on crime and terrorism.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Mangalore, Oct. 23 - The Kanara Builders' Association will conduct a seminar on 'Prevention of organised crime and terrorism' here on October 27. A press release by the association said that Mr A.M....

STATES: Task force on the cards for Mangalore city.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Mangalore, Oct. 23 - Nirmala Mangalore Task Force with representatives from non-governmental organisations and citizens will be formed for the overall development of the city. Announcing this at a...

STATES: Amway expanding products range.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Pune, Oct. 23 - Direct selling company Amway India is expanding its bouquet of offerings to the domestic market and is also eyeing turnover of Rs 3,000 crore in the next three years. Mr William Pinckney,...

CORPORATE: Shree Renuka Sugars buys 87% stake in Gokak Sugars.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Bangalore, Oct. 23 - Shree Renuka Sugars Ltd (SRSL) has acquired a majority stake in Gokak Sugars Ltd in Karnataka that augments its crushing capacity by 2,500 (TCD) tonnes crushed per day. SRSL has...

STATES: 'Accent now on budget hotel sector'.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Bangalore, Oct. 23 - There is a shift of focus in the hospitality sector, and the accent now is clearly on the budget segment. Hoteliers now feel that the budget and economy segment is resilient to what...

STATES: '4 States may miss revised deadline for e-gov rollout'.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct. 23 - A Parliamentary panel has expressed concern that at least four States, UP, Uttarakhand, Orissa and Meghalaya, are likely to miss even the revised timeline of March 2009 for rolling out...

STATES: Mr Vikram Srinivas, Member - Transaction Services, KPMG India: Institute for Financial Management and Research, Chennai.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Chennai, Oct. 23 - Inorganic growth strategies of leading corporates are the key to exploiting market power and economies of scale, said Mr Vikram Srinivas, Member - Transaction Services, KPMG India. ...

STATES: 'Professionals must keep honing skills in respective field'.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Chennai, Oct. 23 - Budding professionals should not expect promotions in a short time and hop jobs for meagre gains. Instead, they must keep honing their skills in their respective field of expertise so...

STATES: SAARC level meet on architecture.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Chennai, Oct. 23 - Zak Trade Fairs & Exhibitions Pvt Ltd, a leading exhibition and event managers in the country, has teamed up with the National Association of Students of Architecture to organise a SAARC...

STATES: Tirupur exporters seek removal of energy consumption ceiling.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Coimbatore, Oct. 23 - The Tirupur Exporters' Association has appealed to the State Government to remove the ceiling on energy consumption for LT consumers. The TEA President, Mr A. Sakthivel, has in a...

AGRI-BUSINESS: Peninsular rains may relent soon.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Thiruvananthapuram, Oct 23 - Wednesday's feeble 'low' over the southeast Arabian Sea off the Kerala coast has strengthened overnight into a conventional 'low' even as a counterpart system is expected to...

AGRI-BUSINESS: Spot rubber turns weak.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Kottayam, Oct. 23 - Rubber prices turned weak on Thursday. The market lost its steam as the international rubber futures fell sharply in to the minus territory on early trades at TOCOM. But a partial...

AGRI-BUSINESS: Global shrimp prices continue to reign low.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Kochi Oct 23 - The global shrimp prices continue to reign low. The demand from Europe, the US and Japan has become sluggish. And, as the festive season of Christmas and New Year draws near, the seafood...

AGRI-BUSINESS: Low Kenya crop spurs Indian tea prices.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Chennai, Oct. 23 - The shortfall in Kenyan tea output has come as a blessing in disguise for the Indian tea industry that has been going through a tough phase for the past decade. For the first time...

AGRI-BUSINESS: Karuturi launches farm operations in Ethiopia.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Bangalore, Oct. 23 - Karuturi Global Ltd, the world's largest growers of roses with presence in India, Kenya, Ethiopia, Dubai and Holland on Wednesday announced the launch of its agricultural operations in...

MARKET WATCH: Corporate developments.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Coimbatore, Oct. 23 - Alok Industries has said that the meeting of the board of directors on October 27 will consider a rights issue of equity shares/convertible instruments. Dr Reddys Laboratories...

MARKET WATCH: Day Trading Guide.
October 24, 2008... from BUSINESS LINE, October 24, 2008 ICICI Bank Buy the stock in dips with tight stop-loss at Rs 327 level. Infosys The stock was volatile in the last trading session. We recommend a buy with stiff stop-loss at Rs 1,250. L&T After...

MARKET WATCH: Singapore Invt Corp hikes stake in ICSA.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Hyderabad, Oct. 23 - Singapore Investment Corporation Pvt Ltd along with its sub-accounts has increased its equity stake in ICSA (India) Ltd through open market purchases. It acquired 1,59,771 shares...

MARKET WATCH: Grasim: Better sales, but margins slip.
October 24, 2008... from BUSINESS LINE, October 24, 2008 After managing to hold on to profits in the June 2008 quarter, Grasim has reported a slippage in its net profit numbers for the September quarter. The consolidated profit numbers, which declined by 16 per...

MARKET WATCH: High-end bikes drive Bajaj Auto into growth zone.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Bajaj Auto has seen a modest growth in sales, but recorded a fall in profits for the second quarter in a row. That puts the sales growth for the half-year ended September 2008 at 9 per cent. A large part...

MARKET WATCH: UTV Software trades with huge discount.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Chennai, Oct. 23 - Trading volume remained moderate at Rs 53,264.95 crore in the F&O segment on the NSE on Thursday against Wednesday's figure of Rs 50,046.83 crore. The NSE October future closed sharply...

MARKET WATCH: Cummins India (Rs 227.70): Sell.
October 24, 2008... from BUSINESS LINE, October 24, 2008 We recommend a sell in Cummins India from a short-term trading perspective. It is clearly evident from the charts of Cummins India that after a medium-term uptrend from Rs 225, the stock encountered...

NEWS: 'Power PSU issues only after markets stabilise'.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct. 23 - The Government will consider the follow-on public issue for thermal power major NTPC Ltd and the proposed initial public offering for state-owned hydro power firm NHPC Ltd as and when...

MARKET WATCH: UTI MF launches Wealth Builder Series-II.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Hyderabad, Oct. 23 - UTI Mutual Fund has launched 'UTI Wealth Builder Fund Series - II', which combines the benefits of both equity and gold. It is an open-ended equity-oriented scheme that would look...

MARKET WATCH: S&P downgrades Tata Steel UK to 'stable'.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Kolkata, Oct. 23 - Standard & Poor's Ratings Services said on Thursday that it had revised its rating outlook on Tata Steel UK Ltd (TSUK) to stable from positive. At the same time, S&P affirmed the...

MARKET WATCH: Oil marketing companies slip on liquidity crunch fear.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Kolkata, Oct. 23 - Stocks of public sector oil marketing companies on Thursday dropped substantially on selling pressure. IOC declined by 5.5 per cent to Rs 368.35, BPCL plummeted by 6.7 per cent to Rs...

MARKET WATCH: ICI proposes share buyback again.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Kolkata, Oct. 23 - ICI India has again proposed a share buyback plan through market operation from minority shareholders. The company is ready to buy a share of Rs 10 at a price not more than Rs 575....

MARKET WATCH: Bulk deals drying up as traders lose interest.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Mumbai, Oct. 23 - With the stock markets hitting new lows, the number of bulk/block deals reported on a daily basis has also seen a sharp decline. On an average, about 53 deals were reported on the BSE...

MARKET WATCH: Edelweiss Capital Q2 standalone net profit drops 33%.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Mumbai, Oct. 23 - Edelweiss Capital has recorded a 33 per cent decline in its standalone net profits for the quarter ended September 30, 2008. The company's net profit dropped to Rs 4.74 crore from Rs...

AGRI-BUSINESS: No case for import duty on edible oils.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Mumbai, Oct 23 - With kharif 2008 harvest and market arrivals gathering momentum, domestic oilseed prices have begun to come off their recent highs. A sharp downward correction in global vegetable oil...

NEWS: Inflation declines further to 11.07%.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct 23 - Continuing with its declining trend, the annual Wholesale Price Index-based inflation rose 11.07 per cent during the week ended October 11, below the previous week's annual rise of...

CORPORATE: GE Transportation to partner BHEL for Rlys' tender.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct 23 - GE Transportation, a unit of General Electric Company, has announced that it will be partnering with Bharat Heavy Electricals Ltd (BHEL) to compete for a 1,000 diesel locomotive tender...

NEWS: India, Nepal resolve to reinforce trade ties.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct. 23 - India and Nepal have resolved to work towards reinforcing bilateral economic ties with a view to help generate employment opportunities and enhance industrialisation in Nepal. At...

NEWS: Lunar impact: Big business may take time.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Bangalore, Oct. 23 - Will Chandrayaan-1 fetch some more and bigger business to ISRO? Not necessarily and not much right away, according to Mr K.R. Sridhara Murthi, Executive Director of the business arm...

CORPORATE: Areva bags EU35 m contract.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct. 23 - Areva T&D India Ltd said on Wednesday it has won a contract worth EU35 million from Bhilai Steel Plant, a unit of Steel Authority of India Ltd. Areva will supply sub-stations to the...

CORPORATE: Rupee dip to have mixed impact on gas cos.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Kolkata, Oct. 23 - Rupee depreciation has left a mixed impact on the gas industry. While producers of dollar denominated non-APM gas witness an unexpected increase in their revenues, city gas distribution...

NEWS: Fuel for large aircraft may be 'deemed export'.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct. 23 - The Government may provide 'deemed export' status to aviation turbine fuel (ATF) being sold to Boeing and Airbus aircraft being operated by domestic carriers, thereby ensuring that it...

NEWS: KLM to halt Hyderabad operations.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Hyderabad, Oct. 23 - KLM has decided to discontinue its Hyderabad operations from February 1. "We have taken this decision keeping in view the current economic situation worldwide and in India. Passengers...

NEWS: Paramount Chennai-Goa service.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Goa, Oct. 23 - Paramount Airways on Wednesday launched its daily direct flight from Chennai to Goa. The flight, which is the only one that flies directly between the cities, will start daily at 12.45 p.m....

NEWS: Fuel price revision will depend on OPEC decision.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct. 23 - All eyes are on the Organisation of Petroleum Exporting Countries (OPEC) meet slated for Friday, as any decision on revision of domestic retail selling price of auto fuels and domestic...

NEWS: Standing committee to deliberate on Cos Bill.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct. 23 - The much-awaited Companies Bill, 2008, which intends to modernise the structure for corporate regulation, was introduced in Lok Sabha on Thursday. Once passed by the Parliament, the...

BANKING/FINANCE: Ashok Chawla on World Bank board.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct. 23 - The Government has appointed Mr Ashok Chawla, Secretary in Department of Economic Affairs, as India's alternate Governor in the World Bank board. A Finance Ministry release said that...

NEWS: ISRO starts raising mooncraft orbit.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Bangalore, Oct. 23 - The day-old lunar craft Chandrayaan-1 is doing well in its early orbit and all systems onboard are functioning normally, ISRO said. Scientists at the Spacecraft Control Centre here...

NEWS: 'More flexibility for corporate borrowers'.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct. 23 - The overall annual ceiling for external commercial borrowings (ECBs) has been enhanced to $35 billion from a level of about $21 billion earlier, according to Mr Ashok Chawla,...

OPINION: All set to make history.
October 24, 2008... from BUSINESS LINE, October 24, 2008 It looks like there's no stopping Senator Barack Obama from making history as the first African-American to become the President of the US. He is way ahead of his Republican rival, Senator John McCain, in...

OPINION: Advantage, Obama!
October 24, 2008... from BUSINESS LINE, October 24, 2008 The US Presidential race has now entered its last lap. Who is going to be the next US President and what are the possible implications of the choice? The third and final debate between Barack Obama and...

OPINION: Exit policy for agriculture.
October 24, 2008... from BUSINESS LINE, October 24, 2008 "Needed, an exit policy for agriculture" (Business Line, October 22) paints an accurate picture of the hard realities of the farming profession today. To compound the farmer's debt burden are the vagaries...

OPINION: Relief for airlines.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Airline companies in India have been doing their best to provide excellent connectivity and the competition in the skies has, over the last decade or so, given air passengers in India the benefit of lower...

OPINION: Flying out of turbulence.
October 24, 2008... from BUSINESS LINE, October 24, 2008 The Government's decision to allow major airlines - Jet Airways, Kingfisher and Air India - to settle their outstanding fuel dues over six- monthly tranches and extend a 90-day credit facility on current...

OPINION: Economic growth stifled by poor infrastructure.
October 24, 2008... from BUSINESS LINE, October 24, 2008 The ongoing global credit squeeze is bad news for India's infrastructure plans which are critical to the country's future goals. In the ramshackle state in which infrastructure is in today, it is robbing...

LOGISTICS: Hooghly draft problems pushing up cost for users.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Kolkata, Oct. 23 - The critical draft situation in the Hooghly river near Haldia dock, entailing lower average parcel load each vessel, is costing the users of the dock dear. "Dubai Titan", a huge...

LOGISTICS: UB group unlikely to infuse funds into Kingfisher Airlines.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Bangalore, Oct. 23 - The UB Group is unlikely to bail out its company, Kingfisher Airlines, through infusion of funds from its other companies. A top official with the UB Group told Business Line that...

LOGISTICS: Emirates will fly to LA, San Francisco from Dec.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Chennai, Oct. 23 - Indians who want to go to Los Angeles and San Francisco will now have one more airline to choose from. Emirates plans to connect Dubai to Los Angeles from Sunday and to San Francisco...

BANKING/FINANCE: Slowdown in ULIPs, says SBI Life.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Bangalore, Oct. 23 - SBI Life Insurance Company Ltd has begun marking its investments to market in line with the accounting practice followed by its parent, State Bank of India. Speaking to reporters...

BANKING/FINANCE: Vijaya Bank seeks Rs 800 cr from Govt.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Bangalore, Oct. 23 - Public sector Vijaya Bank has approached the Government for capital funds amounting to Rs 800 crore. Speaking to reporters here on Thursday, Vijaya Bank Chairman and Managing...

BANKING/FINANCE: Gilts: Hike in FII cap not for now.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct. 23 - The Finance Ministry on Thursday said that it may look at raising foreign institutional investors' (FII) investment limit in Government bonds only when about 80 per cent of the...

BANKING/FINANCE: DBS Bank CEO.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Chennai, Oct.23 - DBS Bankhas announced that Mr Sanjiv Bhasin will head the bank as its Chief Executive Officer. Hereplaces Mr Pranam Wahi who is moving to Singapore as Managing Director and Head of...

BANKING/FINANCE: Call rate unchanged.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Mumbai, Oct. 23 - Call rates ended at 6-6.10 per cent, the same as the previous day's close. In the one-day repo auction under the first liquidity adjustment facility (LAF), there were no bids. In the...

BANKING/FINANCE: Dena Bank net up 12% on higher interest income.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Mumbai, Oct. 23 - Dena Bank's net profit rose 12 per cent to Rs 102.83 crore for the quarter ended September 30, 2008 mainly due to a 23-per cent growth in net interest income. The non-interest income...

BANKING/FINANCE: City Union Bank net rises 41%.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Coimbatore, Oct 23 - Although a 40 per cent growth in net profit is in line with the performance of its peers, Kumbakonam-headquartered City Union Bank perceives that its ALM (Asset Liability Management)...

BANKING/FINANCE: Home loan growth slowing.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Chennai, Oct. 23 - Loan growth to the housing sector decelerated slightly in the second quarter. Home loans grew at about 14 per cent or by about Rs 32,792 crore during the year up to August 31, 2008....

MARKETING: ESPN Star bets big on Champions League T20.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct. 23 - ESPN Star Sports is busy selling the most expensive cricket content to advertisers, betting on the undisputed arrival of Twenty20 Cricket, post the Indian Premier League. The...

INFO-TECH: Educomp net jumps 119%.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct. 23 - Educomp Solutions has reported a 119 per cent jump in net profit at Rs 28.8 crore for the second quarter for the fiscal 2008-09 as against Rs 13.1 crore in the corresponding quarter...

INFO-TECH: TRAI asked to review termination charges.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct. 23 - In a move that could result in lower mobile tariffs, the Department of Telecom has asked the telecom regulator to review termination rates paid by one operator to another. ...

INFO-TECH: Telecom players want ECB cap to be raised.
October 24, 2008... from BUSINESS LINE, October 24, 2008 New Delhi, Oct. 23 - In a bid to tide over the liquidity crunch due to the global financial crisis, telecom operators have approached the Finance Ministry seeking further relaxation to raise funds through...

INFO-TECH: Dell hopes to improve marketshare in India.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Bangalore, Oct. 23 - Computer-maker Dell Inc said the current slowdown would eliminate some of its competitors and help the company to gain market-share, though it would also create some softness in demand...

INFO-TECH: Infotech Q2 net rises 38%.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Hyderabad, Oct. 23 - Infotech Enterprises has posted revenue of Rs 221.42 crore in the second quarter ending September 30, as against Rs 161 crore in the same quarter last year, showing a growth of 37.5...

INFO-TECH: Lenovo targets SMBs.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Bangalore, Oct. 23 - Building on the brand equity of IBM's 'Think' range of computing products, Lenovo has launched a new series of ThinkServers, into the Indian market, adding some user-friendly software...

INFO-TECH: Tanla Solutions net up 93 pc.
October 24, 2008... from BUSINESS LINE, October 24, 2008 Hyderabad, Oct. 23 - Telecommunications software and services provider Tanla Solutions Ltd's net profit increased 93 per cent at Rs 70.5 crore in the second quarter ended September 30, 2008, compared with...