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VSNL
slashes international bandwidth tariffs by 45 per cent
Mumbai:
VSNL on Monday slashed international bandwidth prices
by up to 45 per cent, a move that will provide relief
to massive bandwidth users like BPOs, call centres and
IT companies.
With
the slash in tariff, the sixth in the last four years,
prices of half circuit international private lines (IPLC)
have come down from Rs40 lakh in 2001 to Rs11lakh for
E1 (2mbps), from Rs725 lakh to Rs114 lakh for DS3 (45mbps)
and from Rs21 crore to Rs.3.30 crore for STM-1 (155mbps).
These prices are for restorable capacities between India
and the US on the Tata Indicom cable, VSNL said in a statement.
The
company claimed that this latest drop in international
bandwidth prices, marks a whopping 84 per cent reduction
in four years.
VSNL's
recent initiatives of building the Tata Indicom Cable
and completing the TGN acquisition have provided it with
greater control on international bandwidth cost components.
VSNL had already reduced prices by about 48 per cent on
the Tata Indicom Cable in the six months since the cable
was put into service.
Over
the last ten years, VSNL has participated in the construction
of several undersea cable networks into India. In late
2003, VSNL embarked upon its first undersea cable between
India and Singapore, which was completed in a record time
of ten months.
Further
in July 2005, VSNL completed the acquisition of TGN, the
world's most advanced submarine cable system. The Tata
Indicom Cable and the TGN acquisition have enabled VSNL
to make aggressive tariff offerings, it said.
VSNL
operates nearly 340 GBPS of undersea cable capacities
landing in India. The total undersea cable network of
VSNL spans over 60,000 km across four continents and is
amongst the largest cable networks in the world.
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HAL
to build Russian AL-55 jet engines to power its trainer
aircraft
Zhukovsky,
Russia: Russian defence export agency Rosoboronoexport
has signed a contract Tuesday with the Hindustan Aeronautics
Limited (HAL), that allows HAL to build up to 1,000 Russian
AL-55 engines for Indian Air Force's jet trainers.
The
signing took place in the presence of Russian President
Vladimir Putin at the MAKS 2005 air show outside Moscow.
"The signing with India has great importance for
the development of bilateral military-technical cooperation,"
Rosoboronoexport said in a statement.
The
Russian firm beat off European competition to provide
plans for the engines, which are to be installed in HJT-36
training jets and new HJT-39 fighter and training aircraft.
Initially,
the HAL plans to build 250 of the engines, which are designed
by the Russian firm Salut.
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BPO
identity theft scam: Nasscom concerned at entrapment operations
New
Delhi: The National Association of Software and Service
Companies (Nasscom) said on Tuesday that the Indian IT
and BPO industries match worldwide standards in security
and as strong upholders of data security the sectors would
work with the legal authorities in Australia and India
to ensure that those responsible for any criminal breach,
as reported in the Australian media, face maximum penalty.
Reacting
to reports in the Australian media alleging illegal sale
of customer data by an Indian BPO in Gurgaon, Nasscom
said that it is seeking further details on the matter.
"Nasscom is concerned that such reports emanate from
`entrapment operations' and no person has reported any
harm yet; in the absence of a formal complaint, even the
enforcement officials cannot launch formal investigations
and apprehend the criminals.
"Nasscom
urges media organisations concerned to provide details
resulting from their `entrapment operations' and knowledge
of alleged criminal activities to the appropriate enforcement
officials. Nasscom is also engaged with enforcement authorities
in India to evaluate the options open to them," said
a statement issued by the apex industry body for IT and
IT-enabled services.
Nasscom
said that the problem is not unique to any single nation.
"It is one that affects us all - and each of us has
a responsibility to take on the criminals. This problem,
unfortunately, is unlikely to diminish - as the world
becomes increasingly interconnected and warped, criminal
minds are likely to outpace technological solutions. "We
believe that any case of theft or a breach of a customer's
confidentiality must be treated extremely seriously. It
does not matter if the crime is `traditional' in its nature
or whether it is what is known as a `cyber crime.' "
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ONGC's
Bokaro block to begin coal bed methane production in 2008
Kolkata:
Coal bed methane (CBM) from ONGC's Bokaro block, which
it holds jointly with Indian Oil (20 per cent), will begin
to flow in 2008-09.
The
two major beneficiaries of the find are expected to be
SAIL's Bokaro Steel Plant and the Damodar Valley Corporation.
Several private players are also interested in the linkage.
Although
45.03 billion cubic metre reserve potential has been ascertained,
spread over 95 sq km, the recoverable reserve and production
capacities would be confirmed over time.
According
to sources, the company has drilled two exploratory wells,
BK1 and BK2, in Bokaro using its own rig. Coal seams have
been identified in BK1. In BK2, seven gas-bearing coal
seams were found at a depth of 1,067 metres. The wells
are currently being tested, following which the company
will drill pilot production wells to ascertain the capacity.
Meanwhile,
ONGC is awarding contracts for exploratory and development
drilling in four blocks in Jharkhand. ONGC will produce
a minimum of three lakh cubic metre CBM a day for three
years. The first CBM-flow is expected at the Parbatpur
block in 2006-07. The director general of hydrocarbons
(DGH) has estimated a production of 25 million standard
cubic metre of CBM in the next five years.
ONGC
is also set to declare some big news from the Krishna-Godavari
basin as well. According to sources, the discovery is
in the final stages and may well prove to be the "biggest"
this year, comparable to the claims of Reliance and Gujarat
State Petroleum Corporation Ltd (GSPCL).
Reliance
and GSPCL declared 14 and 20 trillion cubic ft gas reserves
respectively in the KG basin. ONGC has already struck
small and medium gas reserves at a number of blocks in
the same basin.
ONGC
has added 400 million tonnes of oil and oil equivalent
gas reserve during the year.
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ITC
to set up a greenfield ECF paper plant
New Delhi: ITC Ltd plans to invest Rs2,500 crore
during the next two-three years towards putting up a greenfield
Elemental Chlorine-Free (ECF) pulp and paper plant which
would increase its annual paper and paperboard manufacturing
capacity to 5.5 lakh tonne, a top company official said
today.
Company
officials said that they were in the final stages of the
ECF project and were looking for a site location for the
plant in Andhra Pradesh, Gujarat and Maharashtra. The
final decision regarding the two-lakh tonne ECF plant
location would be taken in a month's time, they indicated.
The
ECF plant would be developed as an integrated pulp and
paper mill with an investment of Rs2,500 crore over the
next two-three years. ITC has invested about Rs750 crore
in the PSP division till now.
ITC's
paper division had a turnover of Rs1,500 crore with profit
margin of Rs250 crore in the last fiscal. The division
has four production units across the country that produces
a range of paper, paperboards and ECF materials. At present,
the division has a production capacity of 3.5 lakh tonne
for paper and about 1 lakh tonne for ECF paper materials.
Meanwhile,
ITC also announced that Bikanervala Foods has become the
first sweetmeat brand to switch over to ITC's ECF packaging
material in the country. The company is focussing on FMCG,
foods, pharma and textile industries as fast growing segments
for its ECF range of value-added products.
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VSNL
signs shareholder agreement for second fixed line telephony
operator in South Africa
Mumbai: After a long-drawn process, Videsh Sanchar
Nigam Ltd (VSNL) on Monday signed a shareholder's agreement
with its partners for establishing a second fixed line
telephony operator (SNO) in South Africa, according to
a news release from VSNL.
The
Tata-VSNL consortium from India will be the controlling
stakeholder in the strategic equity partner company (SEPCO),
which, in turn, will have a 51 per cent stake in the SNO.
The
SNO will hold a public switched telecommunication service
licence, which will allow it to offer a range of services
equivalent in scope to the incumbent carrier. This will
include voice, data and limited mobility access.
The
business launch of the SNO is expected to take place within
six to nine months from the award of the licence.
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AT&T
to set up IP-VPN for TCS offices worldwide
Mumbai:
AT&T will set up an Internet Protocol-Virtual
Private Network for Tata Consultancy Services linking
more than 130 TCS locations across the globe. VSNL will
provide the network links within and from India.
Steve
Lowe, Vice-President of AT&T Asia-Pacific, described
the deal as a major achievement in one of the world's
most dynamic markets. "India has become one of the
most exciting and important markets in the world for the
telecommunications and technology industries," he
said.
None
of the parties were willing to discuss the financial details
of the contract.
"This
network knits the global TCS community on one platform
and enables a single view of the enterprise from any part
of the world," said K. Ananth Krishnan, Vice-President,
Tata Consultancy Services. Also included in the network
will be 10 global delivery centres of TCS.
The
Asia Pacific portion of the network includes Singapore,
Melbourne and Sydney in Australia, Hangzhou in China,
Yokohama in Japan and Mumbai and Chennai in India.
The
first phase of deployment covers 27 sites and the second
phase another 100 TCS locations across the globe.
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O&M,
India and Interflow, Pakistan, tie
up for outdoor media solutions
Mumbai: Ogilvy & Mather India (OMI) has signed
an agreement with Interflow Communications, a Pakistani
advertising group, under which OMI will offer out-of-home
(OOH) solutions to Interflow. Under the agreement, Interflow
Communications will offer its clients in Pakistan the
expertise of Ogilvy Landscapes.
Taher
Khan, chairman & CEO, Interflow Communications, and
John Goodman, CEO, India & South Asia, Ogilvy &
Mather, finalised the agreement, which marks the beginning
of a new era in the field of outdoor media for Pakistan.
With
Ogilvy Landscapes, Interflow can offer local marketers
communication solutions through a comprehensive system
based on OSCAR (Outdoor Site Classification and Research)
and other such outdoor media planning, buying and creative
tools.
With
the proliferation of traditional media, marketers need
to complement their electronic and print media campaigns
with OOH media to ensure target audiences receive the
communication at relevant points of contact. It is in
this context that the need for an OOH specialist becomes
critical, a need that will be met by Ogilvy Landscapes.
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