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Cisco
enhances focus on western region
Pune:
Cisco Systems, the global leader in networking for the
Internet has opened an office in Pune. This is in line
with the company's strategy to expand and strengthen its
customer engagements in Maharashtra and Goa.
The
Pune office will be headed by Chetan Sabnis and will be
responsible for driving growth in western region.
Jangoo
Dalal, Sr. vice president-enterprise, Cisco Systems (India
& SAARC) said, "We have seen significant growth
in the Western region particularly the manufacturing,
education and ITeS verticals. A key aspect of this growth
has also been the increasingly global ambitions of some
of these key businesses. It's of paramount importance
to enhance our presence to effectively tap and manage
this region. With an office in Pune we will be closer
to our customer's thus improving responsiveness, and speed
of deployment."
In
recent times Pune has emerged as the manufacturing hub
of the western region. Cisco Systems has over 200 customers
in and around Pune region.
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Ma
Foi opens arm in the US
Chennai:
HR service provider Ma Foi has opened a wholly-owned
subsidiary in the United States and has announced plans
to launch operations in Bahrain, Qatar, Kuwait and Australia
next year.
According
to Ma Foi the overseas forays would enable the company
to give its employees an exposure of the international
market, besides leading its growth through the recruitment
process outsourcing (RP O).
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REL's
Dhanu plant gets CII award
Mumbai:
The Confederation of Indian Industry (CII) has awarded
the national award of excellence 2005 in energy management
to the Dhanu Thermal Power Station of Reliance Energy.
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Bajaj
Auto Q2 net up 61.5 per cent
Mumbai:
Bajaj Auto has reported a 61.5 per cent rise in net profit
at Rs289.36 crore for the quarter ended September 30,
2005 as compared to Rs179.45 crore in the year-ago period.
Total
income grew 30 per cent to Rs2,003.15 crore for the second
quarter against Rs1,536.52 crore in the corresponding
period previous fiscal, the company informed the Bombay
Stock Exchange.
Net
sales from operations has increased to Rs1,969.57 crore
for the quarter ended September 30, 2005 from Rs1,546.08
crore in same period in 2004-05.
The
consolidated income of the group stood at Rs263.13 crore
for the quarter ended September 30, 2005 as compared to
Rs188.87 crore in same quarter previous fiscal.
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Airports
Authority may impose fine on Air Sahara for mishap
New
Delhi: Airports Authority of India (AAI) proposes
to impose a fine on Air Sahara for the mishap that involved
one of its aircraft at Mumbai airport on 9 October.
Air
Sahara however said it has already paid a hefty sum of
money to the AAI by way of fees for landing and parking
of the aircraft.
On
9 October, the Air Sahara flight from Kolkata overshot
the runway at the Mumbai airport - an incident that the
AAI in its preliminary report said was "purely due
to the mistake of the pilot of the aircraft".
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New
scheme from Tata Tele
Chennai:
Tata Teleservices' has unveiled an attractive scheme targeting
potential mobile phone customers who prefer prepaid service
because of the relatively better returns.
The
scheme called 'Non Stop Mobile' offers a prepaid card
with a two year validity period. This means that the card
does not have to be recharged every month to remain valid.
Most importantly subscribers would get incoming calls
for two years without having to purchase a recharge card.
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GAIL
plans petro complex
Kochi:
Gas Authority of India is setting up a seven lakh
tonnes per annum (tpa) integrated petrochemical plant
in Kochi at an investment of Rs 7,000 crore. The project
is likely to be commissioned coinciding with the commissioning
of the LNG terminal at Kochi.
The
petrochemical complex will produce six lakh tpa of ethylene
and one lakh tpa of propylene. The feedstock for this
plant will be imported LNG which will be regasified at
the Petronet LNG Terminal Limited.
GAIL
will lay pipelines from Kochi to Mangalore and Kochi to
Bangalore via Coimbatore for supplying regasified liquid
natural gas (RLNG) to customers in these areas.
The
marketing of gas will be done by the GAIL-IOC-BPCL combine.
The
LNG will be sourced from Qatar, Iran and other countries.
GAIL is looking for multiple sources, including Malaysia
for gas supply. A tender had already been floated for
shipping gas from Rasgas Company of Qatar, which will
supply 2.5 million tonnes annually.
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