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Cotton Corp pays Rs5 crore as dividend
New Delhi: The Cotton Corporation of India (CCI) presented a cheque of Rs5 crore as dividend to the Government for 2003-04. The company posted a higher turnover of Rs.1,049.49 crore last year, against Rs971.53 crore in 2002-03.

The CCI Chairman-cum-Managing Director, Vishwa Nath, presented the cheque to the Union Textiles Minister, Shankar Sinh Vaghela.

CCI made a profit before tax of Rs12.78 crore, despite fierce competition from private trade both in domestic as well as in export sales, an official release said.
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Special export award for KMML
Thiruvananthapuram: Capexil, formerly known as Chemicals and Allied Products Export Promotion Council, has selected the public sector Kerala Minerals and Metals Ltd (KMML) for the Special Export Award based on its export performance during 2003-04.

KMML, a major producer of titanium dioxide pigment, started exports in 2000-01 by selling 52 tonnes of its products in the international market. As the marketing efforts of the company gradually gained momentum, exports have now peaked to 7,286 tonnes to 23 countries, an official spokesman said here.
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Raj Rayon plans expansion
Mumbai: Raj Rayon, a Mumbai-based polyester texturised yarn (PTY) manufacturer, is planning an Rs150-crore expansion of its existing facilities and setting up a POY (partially oriented yarn) unit to aid backward integration of its operations.

The unit will have an installed capacity of 30,000 tonnes and would be ready by March 2005.

The company had recently executed a few short-term export orders. Now, it is planning a full-fledged foray into the export market in 2005. The company is seeking about Rs150 crore from financial institutions, internal accruals and a public/ rights issue. The funds are intended to double the capacity of the POY unit to 60,000 tonnes per annum (tpa), and increase its PTY capacity from 25,000 tpa to 60,000 tpa.
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Haier Appliances aims at 10 percent market share by 2008
Kolkata: Haier Appliances (India) P Ltd, a 100 per cent subsidiary of the $9.2-billion Haier Group of China, has planned to capture a 10 per cent share of the market for CTVs in India by 2008.

Powered by a strategic combination of India-centric model line-ups and large dealer network throughout the country, the company expects to achieve a turnover of $700 million (Rs4,140 cr) by 2008, and close to a $1 billion by 2010. The group also plans to set up manufacturing facilities in India, which eventually would be leveraged as a sourcing base for South Asia, West Asia and Africa.
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BSNL issues notice to Reliance on ILD traffic
New Delhi: Bharat Sanchar Nigam Ltd has served disconnection notices to Reliance Infocomm in at least 30 cities - including Chennai, Mumbai and Pune - for routing international long distance (ILD) calls illegally.

The State-owned company has asked Reliance to pay the access deficit charges on the illegal calls immediately or face disconnection.

It has also raised questions over the decision taken by the Telecom Regulatory Authority of India (TRAI) to not to intervene in the dispute.

BSNL officials said that Reliance was routing international long distance calls into the country and terminating on the State-owned company's fixed line network as if they were local calls.

The public sector telecom major has alleged that Reliance was bringing ILD traffic into the country and then changing the caller line identification number of the caller to pass it on to BSNL's telephones as if the calls were originating from less than 50 kilometres.

For instance, a call made from the US to a BSNL subscriber in Pune was being shown by Reliance as if the call originated from Pune itself by simply changing the number of the caller at the local exchange.

The cities where BSNL has served disconnection notices to Reliance Infocomm include Jaipur, Dehradun, Shimla, Solan, Surat, Kota, Godhra, Bikaner, Udaipur and Bharuch. If BSNL carries out the threat, Reliance Infocomm's ILD network would collapse.
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Tata Indicom launches VoData Card
Mumbai: Tata Indicom has launched 'VoData Cards', which the company described as a network card for enterprise customers which provides up to 153 kbps speeds, enables voice calls without cable or phone lines and also helps in accessing business applications.

Notebook users get 'data on the move' at wireless speeds close to dial-up lines; users can also make and receive voice calls, or send of receive SMS.

Priced between Rs4,995 and Rs15,000, the VoData Cards will be available across circles, said a news release from Tata Teleservices.
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MTNL plans to hike GSM connections in Mumbai
Mumbai: Mahanagar Telephone Nigam Ltd (MTNL) plans to increase its GSM wireless capacity to 18-lakh lines in Mumbai by the end of next year, according to R.L. Dube, Executive Director of the company for Mumbai.

A new GSM (Global System for Mobile Communications) switch of 4-lakh line capacity has recently had its soft launch in the city and will be ready for commercial launch in 15-days' time. This will be WAP, GPRS and MMS enabled, and will be upgraded to EDGE technology very soon.

The capacity will be increased further to 6-lakh lines by March thereafter, to add 10-lakh lines, with the identical pattern to be followed in Delhi. The company's CDMA lines too will add a 4-lakh line switch of the latest CDMA 2000-1x technology.

This has been accomplished due to the success of the company's Fixed Wireless Telephone, which sold more than 12,000 over last month; as well as through convincing customers who wanted to relinquish their lines to settle for more suitable tariff packages, said MTNL officials.
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Oman dailies opt for BodhTree ePaper solution
Hyderabad: Bodhtree Consulting, an IT consulting and product development company, has signed a licence agreement to provide its latest ePaper publishing solution to Times of Oman and Al Shabiba, two leading newspapers in Oman, to enable the newspapers publish their print edition over the Internet.

This solution enables newspapers to cost effectively publish the ePaper online much before the print edition goes out on the street.
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MTNL plans broadband at Rs.500 a month
Mumbai: MTNL is hoping to be able to provide broadband services at an affordable rate of roughly Rs.500 for unlimited access and also aims at getting 1.4 lakh broadband customers in Mumbai by March, 2005 and a million customers by December 2005.

With 24 lakh copper lines under its belt, MTNL has enough copper through which to provide broadband through ADSL technology. The access speeds could be as high as six mbps through copper itself.

Currently, MTNL is the second largest ISP in the country after BSNL. It has over 8.5 lakh customers in both Mumbai and Delhi accessing the Net through the post-paid dial-up service. MTNL subscribers can dial in to the Internet for 10 paise per minute, inclusive of dial-up and ISP charges.
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domain-B : Indian busiess : News Review : 5 October : companies