Ashok Leyland sales double
Chennai: Ashok Leyland's sales have doubled in April this year compared to April 2003. Its sales of medium duty vehicles (MDV) in the domestic market have doubled and exports increased significantly. Sales of light commercial vehicles (LCVs) have also registered growth.
According to monthly production and sales figures provided by the company, total vehicle sales in April were 3,325 (1,626). In March 2004 the company sold 6,200 vehicles. Total MDV sales including passenger and goods segments were 2,925 (1,541). It sold 5,508 MDVs in March.
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Essel Propack commissions unit in US
Mumbai: Essel Propack has commissioned its caps and closures manufacturing facility at Danville, US. This manufacturing facility is located within Essel Propack's laminated tube plant for Procter & Gamble, US. According to the company, this move provides them a strategic entry into the huge market for caps and closures that exist in the US.
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VSNL moves into international telecom space
Mumbai: Videsh Sanchar Nigam Ltd has announced that it is expanding operations overseas through its recently set up `International Business Group' (IBG), which will be headquartered in Singapore. The objective of this group will be to expand VSNL's "service capability and customer facing activity" in several strategic markets outside India. This overseas expansion will also help bring speed and focus to VSNL's evolution as an international player in the telecom space, and also help it to establish direct relationships with foreign customers, who need services to and within India.
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Intel ships new processors for notebook PCs
Bangalore: Intel has announced that it was shipping three new Pentium M processors, boosting the performance of the Intel Centrino mobile technology. The new chips - 735, 745 and 755 - formerly codenamed Dothan, are aimed at the mobile notebook market in an effort to accelerate the growing trend of wireless Internet access via laptop PCs.

The Pentium M processors are Intel's first mobile processors built with 90 nanometre manufacturing technology. In India too, the SMB and small office and home office segments were increasingly adopting laptops and would be a part of Intel's target customer group. The new chips have higher clock speeds (from 1.7 GHz to 2 GHz) and nearly double the data storage - 2MB L2 cache - because of the smaller transistors and stretched strained silicon technology that is part of Intel's new manufacturing and design innovations. The Intel Pentium M processor will be featured in the Intel Centrino mobile technology-based systems that are being introduced.
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TCS signs pact to acquire Phoenix Global
Mumbai: Tata Consultancy Services (TCS) has signed a definitive agreement with Phoenix Companies Inc, to acquire its fully owned subsidiary Phoenix Global Solutions (PGS), an insurance-domain consulting and solutions company based in Bangalore.

TCS, which did not reveal the size of the deal, said PGS's expertise, with the added value of TCS' insurance practice, presents a unique value proposition for customers. PGS operates from a 6.6-acre campus in Bangalore; its clients consist of insurance companies across the globe, said the release.
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Asianet's high bandwidth connectivity in Kerala
Thiruvananthapuram: Asianet Satellite Communications has commissioned what is being touted as Kerala's first optical fibre backbone for broadband communications. The new backbone would provide high bandwidth connectivity to all parts of the state. The underground fibre would connect 45 centres of Asianet Cable Services across the state and ensure digital quality picture and sound to all its subscribers.
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Samsung unveils 15-inch flat TV
New Delhi: Samsung India Electronics Ltd has launched a 15-inch flat television in the Indian market priced at Rs 7,990. With the introduction of this model, Samsung has a range of 14 flat TVs in the market, across the screen size segments of 15, 17, 21, 25, 29 and 34 inches priced in the range between Rs 7,990 and Rs 1,39,990.

Samsung today also announced the launch of its `Gol do, Flat lo' exchange offer. This offer is valid till June 30. It is meant to lure the consumers to upgrade to a Samsung flat TV of their choice by returning any of their old 20 inches and above curved TV, according to a company release. The offer is applicable to select Samsung flat screen models across the screen sizes ranging from 15 inches to 29 inches.
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