New solution from Nokia Siemens Networks
Nokia Siemens Networks has introduced its new solution, Village Connection (a small base station), for affordable rural connectivity and coverage in new growth markets. It offers an easy concept to build rural connectivity village by village, enabling an innovative franchise-based business model between an operator and local village entrepreneurs. The solution supports GSM-based voice and [...]
Landowners to be involved in housing projects
The State Government has evolved a policy of land acquisition for housing projects, which will enable landowners to become shareholders of schemes with a view to avoiding unnecessary delays and disputes. Replying to the debate on the demand of grants for housing and slum clearance, Housing Minister Suba. Thangavelan said under the proposed policy, lands [...]
O2 to open concept stores in India
Concept stores seems to be in. Close on the heels of the US mobile giant Motorola opening a concept center in Delhi, now the smartphone manufacturer O2 has announced its plans to set up six concept stores in India next quarter. O2, a part of the Telefonica O2 Europe, a leading provider of mobile communications [...]
Nokia to sell four billion phones by 2010
Finnish mobile handset giant Nokia Thursday said it plans to sell four billion handsets globally by 2010, a majority of which will be in emerging Asian markets like India and China.
‘India is strategically very important market for us with the telecom industry growing at a rate like never before,’ Soren Peterson, vice president, mobile phones, [...]
Tool room courses for skill upgradation
In an era of globalisation marked by rapid industrial growth, the requirements of special tools in engineering field like dies, jigs, fixtures, moulds, gauges and other precision components have become indispensable, according to Indo-Danish Tool Room (IDTR) general manager S Kasi. He was in Chennai yesterday to highlight the capability of IDTR in conducting skill [...]
Norwegian women’s team in Chennai
An 11-member women entrepreneurs delegation is in the country to look for new technological developments, market in India for the Norwegian products and co-development of new products.
The delegation, led by Anne Lise Rognalidalen, Project Manager, Innovation Norway, comprises companies in oil and gas, energy and power and IT sectors.
Addressing the FICCI Ladies Organisation here today, [...]
SBI Life Insurance to triple business
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Even as it aims at tripling new business premium this year, SBI Life Insurance Company has no capital constraint for growth.
Addressing a press conference here on Thursday, U.S. Roy, Managing Director and CEO, said the company had an authorised capital of Rs. 1,000 crore and a paid-up capital of Rs. 500 crore. Hence, SBI Life [...]
GKN Driveline plans new unit
GKN Driveline, a leader in design and production of driveline components for the automotive industry, is to expand its presence by building a new factory at Oragadam, near Chennai to make sideshafts and a new test centre.
Speaking to The Hindu, Rajendra Ojha, Managing Director, GKN Driveline India, said ” We are the single supplier of [...]
India’s Aptech leads in IT training in China
An Indian company, Aptech Beida Jadebird IT Co Ltd, has emerged as a leader in the IT training market in China.
The Aptech joint venture in China captured 32.1 percent of the market share in China in 2006, up from 27.3 percent in 2005, says the latest International Data Corporation (IDC) report.
Aptech has been operating successfully [...]
HOV shifts base to Chennai
Pune-based BPO company HOV Services Ltd has moved its headquarters to Chennai. This follows the company’s recent acquisition of BPO services provider Lason, which has a large presence in Chennai.Â
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Suresh Yannamani, president and chief operating officer - BPO services, HOV Services, said, “The acquisition deal was struck in February end, and takes HOV to the [...]
