Hyundai launches GETZ in Kolkata
Kolkata: The Hyundai Motor India launched its new model GETZ in Kolkata with the company declaring its intention to achieve countrywide sales volume of about 8000 units in 2004.

Launched in two variants, GETZ would be positioned in the B+ segment with a number of attractive features, according to the company. The company also said that it expects a sales volume of 25,000 units in the next one year for the new model.

The model would be priced (ex showroom, Kolkata) at Rs.4,57,231 for GL variant and Rs.4,82,635 for GLS variant.
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Toyota may launch the Innova next year
Bangalore: Toyota-Kirloskar expects to launch Innova, a crossover passenger vehicle, in India early next year. According to company sources the Innova, launched in Indonesia early this month, will be modified to suit Indian conditions.

The Kijang Innova is part of the international multi-purpose vehicle platform (IMV), for which Toyota-Kirloskar Auto Parts is supplying transmission parts.

According to Toyota the company plans to invest around Rs.600 crore for a new passenger vehicle project next year, which will be funded through internal accruals. The pricing is expected to be around the same as Ford Fusion, which is all set for a launch in December this year.

The Kijang Innova has been positioned as a lifestyle product. The exterior design is far more stylish than the Qualis while the cabin inside is more spacious and has a wooden panel dashboard and a tilt leather steering wheel. The vehicle has intermittent wiper with time adjuster, auto air conditioner with integrated real blower, an advanced stereo system, flexible seat arrangement and more storage spaces.
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NGC plan $10 million R&D spend in India
Bangalore: US-based network and application performance management solutions provider Network General Corporation (NGC) has said it plans to invest $10 million to expand its India research and development operations over the next three years. Announcing the launch of their India operations, the company said it would grow its headcount by 30 per cent annually.

NGC plans to increase its headcount to 100 from 70 currently at its Bangalore centre, the second largest outside US, in three months times. The R&D team at Bangalore will be responsible for product development, customer-facing engineering and various cycles of quality assurance. US private equity firms Silver Lake Partners and Texas Pacific Group own NCG, formerly the Sniffer Technologies division of anti-virus firm McAfee, which they acquired early this year.
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LG launches Notebook PCs in Kochi
Kochi: Aiming to strengthen its product portfolio, LG Electronics has announced the launch of four different models of X-Note Notebook PCs in Kochi. The unique feature of LG X-Notes is its longest battery life of 10.5 hours backed with Wi-Fi internet access.

Riding on its strong first half performance, the company is targeting a turnover of Rs.750 crore from its IT division. The company also announced the launch of Pro PC range of computers in the market priced in the range of Rs.19,000 to Rs.26,000. The other products offered by LGEIL are the complete range of CRT Monitors, LCD TFT Monitors and Optical Storage Drives.
Back to News Review index page   TeleSynergy and Descon to set up call centre at Kolkata
Kolkata: Telesynergy Research Inc of US, a provider of IP-enabled office communication solutions, has decided to set up a call centre in the city jointly with Descon Ltd, an consultancy firm promoted by DPSC Ltd. An MoU in this regard has been signed between the two companies.

The centre with an initial capacity of 100 seats would be ready to start functioning within two months from Descon's premises at Salt Lake. TeleSynergy proposes to invest about $4.5 million in the venture, while Descon will invest an equivalent amount.

The US company's initial investment would be $1 million to create 100 seats.

TeleSynergy has already set up two call centres in India, one in Kerala and the other in Gujarat, through the joint venture route. This will be the third such centre to outsource communication services from India for its overseas clients.
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Louis Vuitton opens shop at Mumbai's Taj
Mumbai: Louis Vuitton Malletier, the luxury brand, has set up its second Indian store in Mumbai. The opening of the Mumbai store has coincided with the 150th year anniversary of Louis Vuitton.
The Mumbai store, located at the Taj Mahal Palace and Towers hotel, houses a large range of the company's products including bags, writing instruments, watches and ties. The 170-square metre store in Mumbai has already begun attracting customers.

Louis Vuitton evening bags are priced at above Rs.15, 000 and workbags at over Rs.45,000. Its writing instruments cost Rs.13,000 and above, while watches cost over Rs.1.2 lakh.
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