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BSNL
to bundle Net with basic services
New Delhi: In an ambitious move to expand its Internet
footprint and provide a whole range of new value-added
services to its subscribers, Bharat Sanchar Nigam Ltd
(BSNL) has set the ball rolling on its National Internet
Backbone Phase II (NIB-II)project across the country.
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BKPL
resumes operations on receipt of payment comforts
Kochi: BSES Kerala Power Ltd’s 165-mw combined
cycle plant has finally begun operations after being shut
for over a year. This signals the end of an impasse for
BSES Ltd, which is the promoter of BKPL.
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Indo
Rama eyes export markets in Latin America, Middle East,
US
New Delhi: Indo Rama Synthetics, one of the leading
polyester producer and exporting company, now plans to
explore other non-quota markets for the export of its
man-made fibres and yarns to countries in Latin America,
Middle East and USA.
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PowerGrid
in transmission pact with Tatas
New Delhi: PowerGrid Corporation of India has entered
into a joint venture agreement with the Tatas for transmission
of around 3,000 MW of power from Bhutan to the northern
parts of the country, including J&K, via Delhi.
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Gross
capital formation of 500 companies rose to Rs 44,742 crore
in 2001-02
Mumbai: Gross capital formation in the private
corporate sector (500 selected companies), at current
prices, has increased during 2001-02 against that in 2000-01.
GCF, which stood at Rs 20,103 crore in 2000-01, rose to
Rs 44,742 crore in 2001-02.
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Escorts
may offload 40 per cent in telecom arm by end-February
New Delhi: Escorts Group is likely to tie up with
multiple strategic and financial investors for offloading
about 40 per cent stake in subsidiary Escorts Telecom
Ltd by February-end, while service in new circles such
as Punjab and Rajasthan is expected to start by October
2003
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Idea
hangs up on BPL merger
Mumbai: The proposed merger of Idea Cellular with
BPL Mobile has fallen through, sources said. This is the
first time that top sources have said that the merger
is off.
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Barista
plans expansion, eyes Europe, Middle East
New Delhi: Riding high on its success wave, cafe
chain Barista is now planning to expand its international
reach. The company, which has already rolled out its first
overseas parlour in Sri Lanka, is now looking at opening
outlets in the Middle East, Africa and East Europe.
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JL
Morison to give a face-lift to personal care range
New Delhi: In a strategic initiative, JL Morison,
India licensee of the $2.7-bn Nivea brand, is set to refresh
its personal care range by introducing new products from
Nivea's global portfolio.
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Mastek
planning foray into BPO
Mumbai: The Software services firm Mastek is firming
up plans to enter the business process outsourcing market.
The company may give an indication of its BPO strategy
when its board meets for announcing quarterly results
on January 13, 2003.
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Veloz
Global of US plans software arm in India
New Delhi: Silicon Valley-based business process
and IT solutions provider, Veloz Global Solutions, is
planning to set up an Indian software development and
delivery centre, most probably in the fourth quarter of
’03.
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Cars,
bikes drive auto exports up 70 per cent in Apr-Nov
Mumbai: Exports of 'Made-in-India' vehicles jumped
by 69.6 per cent during the first eight months of this
financial year, as cars, buses, motorcycles and mopeds
witnessed increased demand in overseas markets.
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Amadeus
unveils e-learning site for agents
New Delhi: Amadeus, the global distribution and
travel industry technology provider, has launched `Learning
City', an interactive online learning Web site providing
interactive courses and online documentation for travel
agents.
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