Kinetic Nova travels to Europe
New Delhi: Kinetic Motor Company has drawn up plans to enter the European markets with its four-stroke scooter, Kinetic Nova. According to the company, the Nova has successfully completed all homologation requirements for European countries and the first few containers will be dispatched to Turkey, Sweden, Czech Republic, Greece and the UK by the end of this month. The Kinetic group has already exported over 150,000 vehicles to markets all over the world.
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Baxter India slashes dialysis fluid prices
New Delhi: Baxter India (Pvt) Ltd has announced a 12 per cent cut in the price of its `Peritoneal Dialysis' fluids used in the treatment of kidney related ailments. The prices of the 2-litre twin bag system have been dropped to Rs 145 per bag from Rs 165 per bag. Baxter India is a wholly owned subsidiary of Baxter Healthcare International Inc, US.
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Amtek Auto to acquire GWK group for £5 m
New Delhi: The auto components company, Amtek Auto Ltd, will acquire 85 per cent equity stake of GWK Group Ltd. by investing £5 million (approximately Rs 41 crore) in its equity, subject to the approval of the Reserve Bank of India. The GWK Group, which had a turnover exceeding Rs 900 crore during the previous financial year, will outsource its forging requirements from Amtek. This will result in substantial export earnings for Amtek. GWK manufactures engine components and drive trains among other products, and is an OEM supplier to auto majors such as Ford and General Motors.
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Plastro Plasson ties up with PAFPL for drip irrigation
New Delhi: Plastro Plasson Industries (India) Ltd (PPIIL), a Finolex group joint venture with Israel's Plastro Plasson, has entered into a five-year tie-up with Punjab Agriculture Food Parks Ltd (PAFPL) to supply irrigation systems, green houses and shade nets exclusively to PAFPL's registered farmers in Punjab for an initial period of five years. PAFPL is a subsidiary of Punjab Agro Corporation and is engaged in supplying agricultural inputs and farm machineries to its members. According to the company, its farmer-customers who have to conform to certain output standards under their contract farming deals do not mind buying high-end drip irrigation systems.
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Maruti 800 still driving the company higher
Pune: The country's largest carmaker Maruti Udyog Ltd (MUL) said here that its best-selling entry-level model, the Maruti 800, will continue to be its volume driver. According to the company the model accounted for almost 14,000 units of its total monthly sales of 40,000 cars. The company, which grew this year at the rate of 30 per cent as against the industry average of 27 per cent, expects sales to touch the 4.2 lakh unit mark. It also expects its turnover to cross the Rs 10,000-crore mark this year.The company has also announced that it is firming up plans to further strengthen its dealer network across the country by having 280 dealerships in place by the end of March.
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TRAI reluctant to step into VSNL-FLAG row
Mumbai: The Telecom Regulatory Authority of India has given Videsh Sanchar Nigam-FLAG-Reliance Infocomm a week's time to settle their dispute, failing which it may choose to intervene. But the authority has stated that it understands that there would be more landing stations and international bandwidth coming into the market over the next few months, and hence is wary of issuing an order to resolve a situation that can last only a few months.The dispute relates to a complaint from Reliance Infocomm made to TRAI that VSNL was denying it access to FLAG bandwidth. VSNL currently owns the landing station of FLAG.
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Ram Informatics gets contract in Iran
Hyderabad: Ram Informatics Ltd has informed BSE that the company has signed a contract recently with KAFA consortium in Iran for jointly executing a software project valued at $ 400,000 for the Ministry of Foreign Affairs of Islamic Republic of Iran.
The project involves project management, system study and analysis, business modelling, design development and implementation services.
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Data protection solution from Computer Associates International
New Delhi: Computer Associates International Inc has announced the availability of a data protection solution that enables organisations to ensure integrity and availability of critical business data on a wide range of operating systems.

The BrightStor ARCserve Backup r11 for Windows is an advanced data protection solution that can work on Microsoft Windows, NetWare, Linux, Unix and Mac OS X servers and clients, according to a company release.
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Infineon to double headcount for R&D
Bangalore: Infineon Technologies India plans to double its R&D headcount to cater to the group's increased needs for software in systems solutions.

Bangalore, according to the company is a software competency centre, while its 40 other R&D centres across the world were involved in IC-design. The Indian software inputs cover wireless technologies, protocols, signal processing, security applications, etc.
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DoT ruling a boost for call centres
New Delhi: The National Association of Software and Services Companies (Nasscom) has hailed the Department of Telecommunications' (DoT) latest regulation that permits the use of common infrastructure for domestic as well as international call centres, apart from easing some procedural bottlenecks for the domestic call centres.

Nasscom said that usage of common infrastructure would also help reduce attrition levels in the industry as the agents could be shifted between day and night shifts.
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First AppleCentre in India at Bangalore
Bangalore: Ample Technologies has announced the opening of the first AppleCentre in India, located in Bangalore.
According to company the AppleCentre will offer the best computer buying experience for its customers.
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