Tata Teleservices extends support to Childline
New
Delhi: Tata
Teleservices has announced that it would be extending
support to Childline India Foundation, an NGO that works
for the betterment of street children.
According to a company press release, 25 per cent of the
company's net revenue generated in April from its global
SMS service would be donated to Childline, and the funds
would be used to look after needy children and improve
the quality of their life.
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Now
its Nepal and Bangladesh for Jet and Sahara
New
Delhi: The government has given Jet Airways and Air
Sahara the go-ahead to fly to Nepal and Bangladesh. The
move comes after the Union Cabinet gave its nod a couple
of months ago to domestic carriers to operate in SAARC
countries.
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Zuari Ind gets Rs 66-cr I-T notice
Mumbai: Zuari Industries Ltd has informed the BSE that
the company has received Notice of Demand under Section
156 of the Income Tax Act, 1961 for a sum of Rs 66.02
crore for the assessment year 2001-2002.
The company said it has decided to file an appeal before
the appropriate authorities to challenge the said demand.
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Lupin
launches SupraxO in the US
Mumbai: Lupin Ltd's anti-infective product SupraxÒ,
or cefixime oral suspension, was launched in the US market
today. Announcing the launch, the company said that another
five products were expected to hit the US market in about
15 to 18 months. Lupin had licensed the Suprax trademark
from Wyeth, after the latter had stopped marketing the
product in March 2003.
The company hopes to clock about $50 million from sales,
the same figure that Suprax had clocked when Wyeth had
quit marketing the product. The paediatric segment offers
an uncluttered market and is estimated to be worth $8
billion. The market for branded anti-infectives' oral
suspension is estimated to be over $1 billion.
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IT
firm Keane to expand operations in
India
New Delhi: IT outsourcing firm Keane Inc has announced
that it would invest an additional $25 million in expanding
its BPO and IT service operations in India, and triple
headcount to 5,000 in the next two years. The company
has 1,600 professionals in India, of which 1,300 are in
application space and the rest in BPO. The number is likely
to rise to 5,000 in two years, of which 3,000 will be
in application development and management and 2,000 in
BPO. While the company would make additional investments
of $25 million towards organic growth, it was also eyeing
acquisitions in India, both in the application and BPO
space.
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Hutch
to expand in mobile gaming market
Hyderabad: Hutch has announced plans to expand
the mobile gaming market in India through an offering
of over 250 Java-based mobile games, and an exclusive
development alliance with the gaming company, Mauj. About
1,20,000 mobile games are downloaded every month by Hutch
users, marking a phenomenal 50-fold increase from an average
of 2,200 mobile game downloads in February last year.
This growth is expected to increase further with the increasing
penetration of GPRS handsets and applications.
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Kejian
to enter mobile phone market with Rajgarhias
New Delhi: The Chinese mobile phone maker, Kejian,
has announced that it would sell its products in India
through a marketing tie-up with the Rajgarhia Group. According
to a company release, the Rajgarhias have formed a new
company, Trust Telecom Technologies Ltd, to market Kejian's
GSM handsets in India and in the SAARC countries.
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Microsoft
initiates $20 m IT education programme
New Delhi: Microsoft Corporation India Ltd has
announced the implementation of its $20-million IT education
programme for schools in India and an agreement with the
Orissa Government for a programme to push local language
computing in the State.
As part of the programme, Microsoft will provide free
software upgrades to computers donated to schools, institute
scholarships and set up Microsoft IT Academies in different
States. The first IT Academy had already come up at Dehradun
in Uttaranchal and the second one was ready for commissioning
in Hyderabad. The company is planning to set up similar
centres in Kerala, Tamil Nadu, Orissa and Madhya Pradesh.
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New
air-cooler from Symphony
Chennai: The Ahmedbad-based Symphony Comfort Systems
Ltd has launched an air-cooler 'h!Cool' at an introductory
price of Rs 4,990. Symphony Comfort Systems Ltd says that
the company has introduced 11 new models in 14 months
and expects to end this year with a turnover of Rs 75
crore. The company is the largest manufacturer of air-coolers
in the world, and exports to 30 different countries under
its own brand name.
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