Hutchison expands services in Karnataka
Bangalore: Hutchinson Essar, the fourth cellular operator in Karnataka, today said it had expanded services in the State to 58 new towns and had deployed 214 new cell sites.

Its Managing Director, Mr Asim Ghosh, told newspersons here that with this expansion, a total of 62 cities and towns would be covered. "We have spent a total of Rs 500 crore in Karnataka alone and Rs 1,100 crore in south India," Mr Ghosh said.
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Taj Mahal Hotel bookings not hit
Mumbai: The day after the bomb blast in the parking lot between the Gateway of India and the Taj Mahal hotel here, the flagship property of The Indian Hotels Company Ltd (IHCL) reported very few booking cancellations.
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Idea Cellular introduces group SMS in Andhra
Hyderabad: Idea Cellular Ltd, has introduced Group SMS services for its pre-paid and post-paid subscribers that allows customers to create groups they want to communicate and send messages to all the members at one go.
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Intel promotes key sales staff
Bangalore: Intel has made top-level changes to its sales marketing group in South Asia. Mr Amar Babu has been promoted as Director, Sales and Marketing, South Asia, said a company press release.

Prior to this, he was the General Manager, Channel Sales.
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Bajaj Hind acquires Monnet Sugar plant
New Delhi: Bajaj Hindustan Ltd has acquired the 5,000-tcd plant of Monnet Sugar Ltd at Unn (Muzaffarnagar district) in Uttar Pradesh.

The deal, said to be for a consideration of Rs 57 crore, would enhance the Shishir Bajaj-Kushagra Bajaj promoted company's aggregate cane crushing capacity to 22,000 tonnes per day.
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Gulf Oil to sell R&D unit buildings for Rs 65 crores
Hyderabad: Gulf Oil Corporation Ltd, part of the Hinduja group, has decided to dispose of its land and buildings of the erstwhile research and development (R&D) unit located at Malleswaram in Bangalore at a cost of Rs 65 crore.
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Wacker-Metroark reviewing busines plans
Kolkata: Wacker-Metroark Chemicals Pvt Ltd, an Indo-German joint venture based here, is now taking a relook at its business plans.

Sources indicated that if things did not improve soon, matters such asset relocation might be considered. "A change in the product basket is also among the options being weighed," sources said. The company's board is slated to meet in Germany in the first week of September.
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Control Techniques to launch special drives for energy saving
Chennai: Control Techniques India Pvt Ltd, part of the Emersion group of the US, will soon launch an AC variable speed drive, specifically meant for saving power consumption in `heating, ventilation and air-conditioning' equipment.

A `variable speed drive' is a device that can regulate the speed at which motors run. It is meant for controlling the motor speeds, so that the machines run smoothly.
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GKB Opticals plans retail expansion
New Delhi: The Kolkata-based, Rs 120-crore GKB Opticals group, in the business of manufacturing ophthalmic lenses and other optical products, had formulated expansion plans on the retail front.
Mr Lalit Gupta, Director, GKB Rx Lens Pvt Ltd (part of the GKB group), said that the objective of expanding the company's retail presence was based on two reasons.
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BPCL bids for Tata Petrodyne
Mumbai: Bharat Petroleum Corporation Ltd today told the stock exchanges that it has submitted a financial bid for buying the oil and gas exploration company Tata Petrodyne.

Tata Petrodyne is a wholly-owned subsidiary of Tata Power. The power company had acquired Petrodyne in December 2000 for Rs 145 crore.
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