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IDBI,
MSEB to seek MERC’s approval for tariff fixation
Mumbai: The Industrial Develop-ment Bank of India
and Maharashtra State Electri-city Board would within
a week approach the Maharashtra Electricity Regulatory
Commission for the fixation of tariff for the drawal of
Dabhol phase-I (658) power by MSEB.
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BPL
Mobile ups airtime charges
Mumbai: BPL Mobile has increased its network roaming
airtime costs to Rs 2.99 per minute from the current level
of Rs 1.49 per minute.
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Larsen
& Toubro rejigs ECC unit
Mumbai: Larsen & Toubro has restructured its Chennai-headquartered
Engineering, Construction and Contracts division in order
to have an operationally simpler structure.
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Reliance
Info recasts top deck
Mumbai: A top management rejig is on cards at Reliance
Infocomm just ahead of May 1 commercial launch of company's
limited mobility services.
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Dishnet
declares rate war on VSNL
Mumbai: Dishnet DSL will offer national video conferencing
at 36 paise per minute. At present, VSNL offers the same
service for Rs 5,000 per half hour, which translates to
Rs 166.70 per minute.
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DoT
clears SMS for limited mobility — Multiple registration
comes with a rider
New Delhi: Even as the Telecom Regulatory Authority
of India (TRAI) is maintaining a studied silence on the
issue, the Department of Telecommunications (DoT) has
decided to officially state on record that limited mobility
(WLL) service providers can provide short messaging service
(SMS) and multiple registration to their subscribers.
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HCL
Tech bags $160-m BT deal
New Delhi: HCL Technologies, the Shiv Nadar-promoted
software major, on Monday announced it has won a business
process outsourcing (BPO) deal worth $160 million from
the BT Group, UK's telecom service provider.
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Vadilal
scotches takeover rumours — Scouting for partners
in processed foods arm
Mumbai: Vadilal Industries Ltd (VIL) has denied that
it is in talks with Nestle India Ltd or any other multinational
for offering a substantial stake in its ice-cream business.
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Clariant
to make open offer for 20 per cent Colour Chem stake
New Delhi: The Switzerland-based speciality chemicals
major Clariant International Ltd AG will make an open
offer to acquire 20 per cent stake in Colour Chem Ltd
at Rs 318 per share.
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Kennametal
mulls BPO outsourcing
Mumbai: Kennemetal Inc, world's second largest metals
company and the parent of Widia India Ltd, is likely to
outsource customer support efforts to Indian call centres
to cut costs, the Widia Managing Director, Kumar Kanetkar,
said.
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SC
rules against I-T Dept claims, says Tata Chem
Mumbai: Tata Chemicals Ltd said that the Supreme Court
has ruled in its favour with regard to Income-Tax Department's
claims worth Rs 400 crore.
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JCB
plans to make Indian arm export hub for South Asia
New Delhi: Leading earthmoving equipment manufacturer,
the $1.5-billion JC Bamford Excavators is planning to
develop India as an export hub for the South Asian markets
and will soon be investing towards capacity expansion
at its Indian facility.
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Uranium
Corpn to set up mining unit in Algona dist
Hyderabad: Uranium Corporation of India Ltd
(UCIL) is in the process of securing various clearances
to commence work on the Rs 415-crore project to tap huge
uranium reserves in Andhra Pradesh aimed at supporting
fuel requirements of Nuclear Fuel Complex and heavy water
plants.
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V9
Broadband in pact with US co
BAngalore: V9 Broadband Technologies, engaged in research
and commercial deployment of next generation broadband
networks, has tied up with IP Deliver Inc of the US for
establishing research and development centres at Bangalore
and Tirupati.
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BPCL
ties up with HM for co-branded lubricants
New Delhi: Bharat Petroleum Corporation Ltd (BPCL)
and Hindustan Motors Ltd (HM) on Monday announced the
launch of a range of co-branded lubricants in Kolkata,
to begin with.To be marketed under the "MAK-HM''
brand, the lubricants will be launched elsewhere in the
country in a phased manner.
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