BHEL to invest Rs 900 crore for modernisation
New Delhi: Bharat Heavy Electricals Limited (BHEL) is investing Rs 900 crore during the Tenth Plan period (2002-2007) towards modernising its manufacturing plants, according to an official release. Some of the investments in this regard include an ultra modern blade shop at the Haridwar plant to manufacture advanced turbine blades for thermal sets with higher efficiency and also for facilities at BHEL's Hyderabad plant for indigenisation of high-tech buckets and nozzles of gas turbines to reduce dependence on foreign sources.
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HCL Info makes a splash in consumer electronics
New Delhi: HCL Infosystems Ltd has unveiled products such as 42-inch plasma TV, MP3 players, and digital cameras (three models), along with the launch of its integrated digital entertainment systems. While the plasma TV will be priced at around Rs 2 lakh, the MP3 players will be available between Rs 1,100 and Rs 14,500.

The digital cameras would be available from Rs 1,200 to Rs 12,000, HCL officials said. Targeting the high-end segment, HCL has launched an integrated digital entertainment system in partnership with Microsoft and Intel. The digital entertainment system is priced at Rs 99,990 and comes with a one-year comprehensive warranty.
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Sasken ties up with e-SIM for its mobile software
Bangalore: Sasken has announced an agreement with e-SIM, a provider of man-machine interface (MMI) solutions for wireless platforms, to offer pre-integrated and market-tested MMI solutions bundled with Sasken's mobile software. Sasken's solutions include 2G, 2.5G, 3G wireless protocol stacks and a portfolio of wireless applications, including Strawberra, its multimedia technology, said a company release.
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ICICI Prudential opts for Mind Share
Mumbai: ICICI Prudential Life Insurance, the country's leading private life insurer, has moved its Rs 20-crore media planning and buying account to Mind Share. The new agency will handle TV, print, cinema, radio and other mass media buying for ICICI Prudential. The account was earlier handled by Initiative Media. The appointment of the new agency follows ICICI Prudential's regular agency review process. Its creative agency remains Lowe.
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Godfrey Phillips India launches cigars
Visakhapatnam: Godfrey Phillips India Limited has launched its imported cigars here. The company said that the GPI had joined hands with the US company, Altadis, the world's leading cigar maker with over fifty brands, to import and sell cigars suited to the Indian market.
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domain-B : Indian busiess : News Review : 25 May 2004 : companies