Reliance
Infocomm begins full roaming under new regime
New Delhi: Reliance Infocomm has started offering
full roaming to its limited mobility (WLL) subscribers
in most of its circles across the country marking the
beginning of the unified access service licence regime.
The company has become the first basic operator to put
into operation its new licence, which has been introduced
by the Department of Telecommunications (DoT) despite
opposition from the private cellular operators.
DoT
has moved with unusual speed to allow WLL service providers
to offer full mobility. An analysis of DoT's track record
over the past four years shows that officials at Sanchar
Bhavan have been burning the midnight oil to ensure a
speedy transition to the new licence regime. The Department
has taken 15 days to come out with detailed guidelines
on the unified licence regime after it received the recommendations
of the Telecom Regulatory Authority of India. As against
this, most of the previous decisions of the Department
concerning key telecom sectors have taken anywhere between
64 and 229 days, barring two exceptions.
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ABT
to expand Maruti service network in Tamil Nadu
Coimbatore: ABT Ltd, belonging to the Sakthi Sugars
group, is planning to pump in about Rs 12 crore in the
next three years to enlarge its service network for Maruti
vehicles in the State. The company, which is one of the
largest sellers of Maruti vehicles in Tamil Nadu, plans
to have one service station in every district headquarters
in view of growing number of vehicles of the Maruti clan
it is servicing, says M Manickam, director, ABT Ltd and
managing director of Sakthi Sugars.
He
says ABT is one of the single largest dealers for Maruti
vehicles having outlets in Coimbatore, Chennai, Tiruchi
and Madurai. The company was running fifteen service stations
located closer to its four dealership outlets, to service
the vehicles sold by the company. At present, ABT Ltd
serviced about 10,000 vehicles a month. The company was
now planning to double the number of service stations
to thirty by 2006. Each service station may require an
investment of about Rs 80 lakh, taking the total investment
to about Rs 12 crore. It is also being planned to make
them web-enabled so that the customers could log-in to
have details of the service done etc.
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Hero
Honda to launch new Ambition version
New Delhi: Hero Honda Motors plans to launch a
new version of its 133 cc bike, Ambition, early next year
in a bid to shore up sales, according to a top company
official. "We are relaunching the Ambition early
next year with new looks," Atul Sobti, senior vice-president
(sales and marketing), said. Sales of the Ambition, which
was launched in September last year, hovers around 7,000
units a month against the targeted 10,000 units.
In
some months, sales even dropped to around 4,000 units.
Priced at Rs 44,612 (ex-showroom Delhi), Ambition faces
stiff competition from bikes such as Bajaj Pulsar, Kawasaki
Wind 125 and TVS Victor. Sobti said that a customer survey
carried out by Hero Honda found that the Ambition evoked
"precious little'' word-of-mouth publicity as users
could not relate to its looks. The round headlamp and
the `regal crest' incorporating speedometer as well as
the sharp design of the fuel tank have not gone down too
well with many buyers, the survey revealed. "So,
we are making some changes in these areas. We will also
come out with new graphics for the Ambition."
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Century
Textiles has major retail plans
Hyderabad: Century Textiles and Industries has
plans for a major retail push that will see the setting
up of about 50 retail outlets for both textiles and garments
this fiscal and about 25 more next year. This will include
the company's own branded theme stores Mangal Pradhan.
Century plans to set up about 15 Mangal Pradhan outlets
by the end of the fiscal.
The
president of Century Textiles, R.K. Dalmia, while inaugurating
a retail outlet to market its range of `Auro Apparels'
and Cottons by Century in Hyderabad, said that the company
had embarked on an initiative to establish its own outlets
for readymade garments, made ups and fabrics. A total
turnover of about Rs 500 crore from the textiles outfit,
Century, earns about Rs 300 crore from exports. It plans
to consolidate its domestic market, where it has solid
brand equity. To begin with, Century has already launched
cotton shirts, kurtas and T-shirts and it will later on
add other products including trousers, accessories and
women's wear.
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ONGC
to start deepwater drilling on 30 November
Mumbai: Oil and Natural Gas Corporation will begin
the deepwater drilling campaign on 30 November. Its drill
ship Belford Dolphin arrived in Mumbai on Saturday. The
fifth generation ultra deepwater drill ship rig is capable
of drilling up to a depth of 3,000 metres. The rig is
scheduled to spud its first well in the Gulf of Kutch
in 1862-metre water depth, a news release said here.
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BEL
eyes export target at Rs 500 crore by 2007
Bangalore: Bharat Electronics is working at an
export target of Rs 500 crore and sales turnover of Rs
5,000 crore by the year 2006-07. As part of its globalisation
strategy, BEL is pitching its export thrust at France,
Sweden and other European nations, Africa, SAARC and the
CIS nations where its current licensed MNC partners have
a footprint. According to years-old licensing arrangements,
a few companies from Israel and Sweden have had access
to the Indian market. Now the time has come for them to
reciprocate and give up some of their market to BEL, senior
company officials said.
At
an informal meeting with a small media group, Y Gopala
Rao, who took over as CMD on October 1, said in the next
three years, the 50-year-old defence electronics major
would be looking to sell niche products offering total
solutions in these markets. The export target would be
10 per cent of the total turnover it hopes to achieve
during this period, he said.
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HMT,
Swiss firm ink pact for automation solutions
Bangalore: HMT Machine Tools, a wholly owned subsidiary
of HMT, has entered into a memorandum of understanding
with Gudel AG, a Swiss company, for cooperation in the
areas of robotics, factory automation and press automation.
The
memorandum of understanding was signed by M S Zahed, chairman
and managing director, HMT, and Rudolf Gudel, president
and CEO, Gudel AG, recently.
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