document.writeln("
Star
Alliance looking for Indian partners
Sydney: Star Alliance said it is in talks with
Air India Ltd, Jet Airways India Ltd and Sahara Airlines
Ltd to get one of them to join the world's largest group
of airlines. The move will extending the alliance's network
to the second-most populous nation in the world.
Joining
Star Alliance would give a carrier access to more than
15,000 connecting flights a day run by other carriers
flying to 840 destinations in 150 countries. Airline alliances
help increase sales and reduce costs by feeding passengers
onto other networks, sharing common facilities and making
joint purchases.
Falling
ticket prices and India's surging economy are encouraging
more people to fly rather than taking government-operated
trains.
Alliance
officials have indicated that an agreement may be reached
"rather quickly". They also said that China,
Russia, India are its main target countries.
Back
to News Review index page
VSNL
requests BSNL to reconsider India-Singapore cable plan
New
Delhi: Leading international long distance service
provider VSNL has offered to provide bulk fibre cable
capacity to BSNL, in a move to "allow best possible
use of government's resources and avoid duplication of
infrastructure creation".
VSNL
has already started a dialogue with BSNL in this regard
last week. It said that the BSNL cable will become the
sixth cable on the India-Singapore route, making it increasingly
difficult for the state-owned company to get a payback
on its investments.
Last
month, telecom Minister Dayanidhi Maran had announced
that BSNL had undertaken the work of laying an undersea
cable from Chennai to Sri Lanka and to connect Andaman
and Nicobar to Singapore.
In
a letter to BSNL, VSNL has opened doors to a dialogue
on mutually acceptable commercial terms to state owned
BSNL stating government of India holds a 26 per cent stake
in VSNL while BSNL is fully owned by the government.
While
VSNL spokesperson confirmed that the company has initiated
a dialogue with BSNL, he declined to comment on the ongoing
discussions between the two companies on a IRU(Indeferable
Right of Use) basis or sale of fiber pair to BSNL, VSNL
has also offered to connect Andamans through a branching
unit on its Tata Indicom India Singapore cable system
in order to connect the Andamans with the mainland.
Back
to News Review index page
BSNL
to slash broadband tariffs by half
Hyderabad: Bharat Sanchar Nigam Ltd chairman and
managing director of BSNL, A.K. Sinha, on Monday said
that BSNL would lower its broadband tariffs from the current
Rs500 a month to about Rs250-300 a month. With the move
it intends to lure its dial-up Internet users towards
broadband.
"Following
this move, we expect to add about 1 million broadband
connections this year and about 2 million more next. About
1.8 million dial-up Internet connection users would be
attracted to come over to the broadband network for enhanced
browsing experience," he said.
Addressing
a press conference here after handing over Sanchar Awards,
Sinha said that the corporation has earmarked Rs20,000-crore
towards capital expenditure this fiscal, which would be
invested in the expansion of the GSM network, customer
service, Internet backbone and landlines that would mostly
be wireless.
About
Rs1,000 crore was also being deployed into customer care-related
services.
Sinha
said from the current 1.07-crore subscribers, the company
expects to add about two crore to the BSNL network by
the end of this fiscal.
Back
to News Review index page
Bharti
signs Rs.1000 crore outsourcing contract with BPOs
New
Delhi: Bharti Tele-Ventures on Monday has announced
a Rs1,000-crore deal to outsource all its call centre
operations over the next four-five years to four leading
BPOs - Hinduja TMT, IBM Daksh, Mphasis and TeleTech Services.
It has also announced a landmark technology outsourcing
arrangement with Nortel, wherein the latter would provide
technology and expert resources required to provide customer-care
services to its customers via voice, advanced speech recognition,
multimedia contact centre, unified messaging, computer-telephony
integration and IP enabled video communications to the
respective customer service partners.
Bharti Tele-Ventures, is India's leading GSM mobile service
provider and has a presence in all the 23 telecom circles
in the country. The company has a subscriber base of 12
million.
According
to him, the call centre operations would be geographically
split among the four BPOs. While TeleTech and Mphasis
would handle the National Capital Region, IBM Daksh the
Pune, Chandigarh and Kolkata regions, Mphasis would look
after Bangalore and Hyderabad and Hinduja TMT would take
of the Chennai region.
The centres would start functioning within next 2-3 months
with 6,000 initial seats, which will be expanded later.
Company executives said that their current call centres,
which have also been outsourced, would be integrated with
these BPOs. However, AirTel Care-Touch customers (high-end
subscribers) would continue to be under Bharti's 15,000-seater
call centre.
Back
to News Review index page
Equity
firm 3i picks up 35 per cent stake in Nimbus Communications
London: London-based private equity firm 3i plc
said on Monday that it has made its first investment in
India with a $45mn stake in Mumbai-based sports and media
company Nimbus Communications.
The
$45 million investment gives 3i a share of roughly 35%
in Nimbus Communications, according to media reports.
Nimbus
Communications has four lines of business: television
programming and sports coverage, both of which are established
businesses in India, and two newer units - motion picture
production and the mobile content services.
Anil
Ahuja, managing director and co-head of 3i's India business
said Nimbus Communications is "well positioned to
achieve its goal of becoming a billion-dollar company
by 2010." The company's capitalized billings for
the year ending March 2005 was $50 million, Ahuja said.
Nimbus's
Singapore-based subsidiary Nimbus Sport International
Pte. Ltd., a sports marketing and production, manages
a number of major sports contracts, including the commercial
rights for International Cricket Council events mandated
by the Global Cricket Corp.
The
company's television business broadcasts 15 television
serials a week in India, nine of which are produced by
Nimbus itself. Nimbus's nascent motion picture business
is taking over an Indian film distribution company, Nimbus
said, but gave no further details.
The
company's Nimbus Mobile business - which provides mobile
content services - is currently developing city guides,
embedded movie and sports content and a mobile sports
video portal.
3i
said the $45 million investment will finance the acquisition
of sports rights, develop global sports events, finance
investments in television production and infrastructure
expansion, fund Indian language and international film
production, Indian language film distribution, mobile
content distribution, and develop additional digital content
production for wireless and video platforms.
Back
to News Review index page
RIL
strikes gas in coal-beds of Madhya Pradesh
New Delhi: Reliance Industries has struck a huge
gas reserve, in the coal beds of the Shahdol district
of Madhya Pradesh. This will be the private sector oil
company's first on-land strike.
The
Mukesh Ambani-run company had earlier announced that it
had struck the country's biggest gas reserve of over 14
trillion cubic feet (tcf) in a exploration block off the
Andhra coast.
In
Madhya Pradesh, RIL has found 3.75 tcf of gas reserves
under coal seams in the Sohagpur west and east coal bed
methane exploration blocks (CBM) in Shahdol district.
The Directorate-General of Hydrocarbons (DGH) has certified
the gas reserves. According to DGH an estimated 49 billion
cubic feet of gas reserves are available in Sohagpur (East)
and 36.82 bcf in Sohagpur (West).
ONGC
had earlier ensured continuous flow of gas from an experimental
well in the coal fields of Jharia in Jharkhand and Essar
too reported some gas find in West Bengal's Raniganj coal
belt.
Gas
trapped in coal layers primarily consists of methane (80-95%)
and was earlier going waste and causing explosions during
coalmining operations.
Back
to News Review index page
Tata
Indicom and Nokia launch handset range
Mumbai:
Tata Teleservices, India's leading telecom service
provider, partnering with Nokia, one of the world's leading
mobile phone manufacturers, has announced the launch of
an exciting range of Tata Indicom-Nokia mobile handsets
for its customers.
The
new Tata Indicom-Nokia mobile phones are versatile, feature
rich, and cater to all categories of customers. So, from
a versatile higher end mobile to an equally exciting,
cost effective mobile phone, Tata Indicom customers from
every walk of life stand to benefit from this unique partnership.
The
host of Nokia models that Tata Indicom offers include
Nokia 2112, Nokia 2280, Nokia 3205, Nokia 6585, Nokia
3105, and Nokia 6225, priced in the affordable range of
around Rs3000-Rs8000.
The
Nokia models that Tata Indicom has added to its ever-appealing
bouquet also include the new Nokia 6255 priced in the
range of Rs13000.
Back
to News Review index page