Hyundai's Getz to launch in August
Coimbatore:
Hyundai Motor India Ltd (HMIL) B+ segment car 'Getz' is
slated to hit the market ahead of the festive season in
the next few weeks.
The company would launch `Getz' by the third week of August
or by the end of August. The company delayed the launch
a bit because it wanted the vehicle to be available with
its dealers ahead of the festival season to capitalise
on the festive spirit.
The car would be positioned between Hyundai's Santro and
Accent models. It would be priced in such a way that it
did not eat into the market share of Hyundai's other models
and it would be aimed at increasing the customer base
of the company. The vehicle would be powered by 1300 CC
engine and it would meet Euro III emission norms. There
would be substantial indigenisation so that `it could
be priced appropriately.' The model would be a hatchback.
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Anti-cancer drug from Natco Pharma
Hyderabad:
Natco
Pharma Ltd. has announced the launch of Chlorambucil in
2 mg and 5 mg tablets form for the treatment of chronic
lymphatic (lymphocytic) leukaemia as well as malignant
lymphomas including lymphosarcoma, giant lymphoma and
Hodgkin's' disease. The drug has been launched under the
brand name Clokeran, Lymphoma is a cancer that affects
the lymphatic system, which is responsible for maintaining
body's immune system. While treatment generally depends
on the type of lymphoma, currently only chemotherapy and
radiation are available as first line treatments, the
company said.
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BHEL to set up solar power plants in
Sunderbans
Bangalore:
The
Electronics division of the Bharat Heavy Electricals Ltd
(BHEL) has won a contract to set up five stand-alone solar
power plants in the Islands of Sunderbans, West Bengal.
The Rs 15-crore contract is a repeat order from the West
Bengal Renewable Energy Development Agency (WBREDA), which
successfully commissioned the State's first largest stand-alone
solar power plant in Mousuni Island recently.
BHEL's
scope in the contract includes design, manufacture, supply,
erection, testing and commissioning of two stand-alone
solar power plants of 110 kWp each and three stand-alone
solar power plants of 55 kWp each, with associated LT
overhead distribution lines in five islands under the
Sunderbans area of West Bengal. Besides, the company will
operate and maintain the plants for 10 years on a turnkey
basis. All the five power plants are expected to be commissioned
during the next 12 months. With a view to ensure reliable,
quality power supply to the islanders, each plant will
be equipped with high efficiency battery banks, inverters
and electronic control systems.
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Tata Telecom net up 80 per cent
New
Delhi: Tata
Telecom Ltd has registered a growth of 80 per cent in
net profit for the quarter ended June 2004 at Rs 8.14
crore compared to Rs 4.51 crore in the corresponding previous
period.
The company achieved a turnover of Rs 96.47 crore (Rs
75.12 crore), a growth of 28 per cent. Earlier, the company
had announced that the Tata group would sell to Avaya
its equity of 25.1 per cent in Tata Telecom. "The
formalities for this are on track. Further, the open offer
for a minimum of 20 per cent of Tata Telecom's paid-up
capital, at the rate of Rs 220 per share, has been completed,"
the statement added.
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Satyam Q1 net up at Rs.173 crore
Hyderabad:
Satyam
Computer Services Ltd has recorded software revenues of
Rs 771.50 crore (as against guidance of Rs 732 crore)
and a net profit of Rs 173.48 crore for the first quarter
ended June 30, 2004. It has registered an increase of
37.85 per cent in revenues and 43 per cent in net profit
over corresponding quarter last year. The company has
revised guidance for the current year upwards to be in
the range of Rs 3,268 crore to Rs 3,312 crore. For the
quarter-ended September 2004, the company has projected
revenues in the range of Rs 805 crore to Rs 810 crore.
For the financial-year ended 2003-04, the company recorded
total income of Rs 2,623.27 crore and a net profit of
Rs 555.79 crore.
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Satyam to spend Rs.150 crore on expansion
Hyderabad:
Satyam
Computer Services Ltd plans to invest Rs 150 crore during
the financial year to fuel expansion plans that would
see a separate centre to host about 1,500 people in Hyderabad.
Recently, the company opened an office in Chennai, commissioned
another centre at Bhubaneshwar and is in the process of
developing a facility in Kolkata. The company has entered
into an agreement with the West Bengal Government to acquire
some land for expansion.
As part of its expansion in the overseas markets the company
is set to open a new near shore centre at Hungary to service
the East European countries just as its Toronto office
serves the North American market, Dubai the African market
and China the Asia-Pacific region. Nipuna Services, the
BPO subsidiary of Satyam, has added three new customers
in Q1 and the number has swelled to 14 active customers.
The BPO subsidiary is transitioning into a shared services
desk for a leading biosciences company and a customer
support process for a leading telecommunications company.
The business from the US is estimated at about 69 per
cent and the rest being generated from enhanced business
from Europe, South Asia and other countries.
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Hathway
introduces site policing
Bangalore:
Hathway
Cable Internet has taken a major initiative to stop abuse
of the Internet by introducing "Site Police",
a premium filtering service to make Internet surfing more
family friendly.
Subscribers can use it for blocking pornography and other
harmful content of the Web. This filtering solution will
be offered free for its annual subscription packages.
The tool uses a complex multi-tier algorithm to maintain
records of all Web sites visited in the past.
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Zicom launches Z-Security
Mumbai:
Zicom Electronic Security Systems Ltd has launched Z-Security,
its hi-tech electronic security service initiative. The
programme aims to provide Indian customers with sophisticated
electronic security systems such as closed circuit TVs
(CCTVs) surveillance systems and intrusion detection systems
on a monthly service charge basis. The Z-Security service
would be priced upwards of Rs 777 wherein the customer
can choose from an array of services in the CCTV and intrusion
detection domain.
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Intoto launches home security solution
Hyderabad:
Intoto
Software has announced the availability of the ParentalCQ
software solution that provides next-generation home networking
security with advanced content control, filtering and
monitoring support. ParentalCQ and Intel IXP4XX network
processors enable residential gateway original equipment
manufacturers (OEMs) to upgrade existing product lines
with complete Internet content filtering capabilities.
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HCL Info into home entertainment
Bangalore:
HCL
Infosystems Ltd has plans for the home entertainment market
with a slew of launches that spans plasma television,
liquid crystal display television, MP3 players and digital
cameras. The LCD television will come bundled with a range
of software that includes five movies and several songs.
The company was also bullish on sales of Nokia mobile
phones for which it is a distributor in the country.
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Jet Air launches 'Monsoon Super Apex'
fares
New
Delhi:
Jet Airways has announced the launch of its 'Monsoon Super
Apex' fares, which are as much as 20 per cent lower than
the existing apex fares offered by it on eight metro routes.
These include Delhi-Bangalore, Delhi-Chennai, Delhi-Hyderabad,
Delhi-Mumbai, Kolkata-Bangalore and Kolkata-Chennai. A
passenger availing himself of the Monsoon Super Apex fare
will be charged Rs 2,500 for a one-way travel between
Delhi and Mumbai, while earlier the passenger would have
paid Rs 3,450 for the same journey. However, this scheme
is provided to tickets booked at least 30 days before
travel. Similarly, a passenger travelling on the Delhi-Chennai,
Delhi-Bangalore, Kolkata-Bangalore and Kolkata-Chennai
sectors would be charged Rs 3,500 now, if the booking
is made at least 30 days before travel. The new apex fares
come into immediate effect and are valid till September
15.
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Titan launches Flip collection
Mumbai:
Titan
Industries has launched the Flip collection - a dual-faced
watch that incorporates two watch movements embedded in
a single case. This dual-faced watch allows wearers to
switch between international time zones and alternative
lifestyles formal or casual with a mere flip of dial,
the company release stated. The Flip collection would
also be exported to 29 countries.
The collection is made of an ultra-light material such
as titanium.
It also includes models with an automatic generating system
(AGS) feature, which provides the customer the added benefit
of using the watch without concerns of depleting the power
source.
Priced between Rs 5,495 and Rs 6,000, this collection
will be available in two cases and six variants across
Titan showrooms and also in a few select retail outlets
in select cities. Film actor Akshaye Khanna endorses the
collection.
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