Business

Responsible Luxury comes to India

September 13th, 2007

Volvo Cars, the Swedish automobile maker has been in the auto business since 1927. Despite its rapid expansion in its massive range of cars and SUV’s, it is still known for its quality and safety standards. Volvo Cars have sales and service network stretching over 120 countries, comprising some 2,500 sales outlets and service workshops […]


Business

Lure of gold to keep shine intact

September 13th, 2007

As the gold buying season, which lasts between August to December, sets in, the yellow metal is on a firm upward march. Propped by a weak dollar and strong Asian buying, gold currently is trading at around 16-month high. “While inflation remains a concern for the US, potential interest rate cut and worsening credit markets […]


Business

Windfall for LCTH shareholders

September 13th, 2007

LCTH Corp Bhd shareholders can expect a 12 sen windfall for every share held from the sale of the company’s properties in Johor Baru to private real estate fund Mapletree MIF Malaysia 2 Sdn Bhd for RM80mil. Executive director Lim Shook Kong said the main board company also expected a double-digit growth in turnover for […]


Business

Singapore Airlines furthers business in south India

September 13th, 2007

Aiming to strengthen its business in south India, Singapore Airlines on Wednesday announced a slew of measures that include additional flights, special discounts and a revamped menu. “Three more services have been added to the existing seven, on Wednesdays, Fridays and Sundays. Silk Air, a wholly owned subsidiary of Singapore Airlines, will start services from […]


Business

Taiwan electronics show in Chennai

September 13th, 2007

A three-day Taipei International Electronics show, Taitronics India 2007, will be inaugurated here on Friday. The Taipei World Trade Centre and Taiwan Electrical and Electronic Manufacturers’ Association have partnered with the Tamil Nadu government and the Confederation of Indian Industry to organise the show, Walter Yeh, executive vice-president of the Taiwan External Trade Development Council […]


Business

Volvo to sell 10,000 cars in India

September 13th, 2007

Swedish car maker Volvo Car Corporation expects to sell 10,000 cars in India by the year 2010 and also plans to introduce S40 – a small sedan in the domestic market in 2009. “There is a possibility that we will be able to sell 10,000 units of our cars in the Indian market in view […]


Business

Taipei electronics show in Chennai

September 13th, 2007

A three-day Taipei international electronics show, `TAITRONICS India 2007′, showcasing the latest trends in various industries and to increase bilateral trade co-operation, will be inaugurated here on September 14. Walter Yeh, executive vice president of Taiwan External Trade Development Council (TAITRA) told reporters here that Taipei World Trade Centre and Taiwan Electrical and Electronic Manufacturers’ […]


Business

Chennai Co Plans Rs 250-Cr Facility

September 12th, 2007

US-based venture capital fund ePlanet is in advanced talks to invest $12 million in Chennai-based medical technology company Trivitron, sources said. ePlanet will pick up a strategic minority stake in the Rs 150-crore company that straddles the entire technology spectrum of medical devices. Sources said the deal could go through by this month-end or early […]


BusinessTechnology

BSNL mobile users pay for software chinks

September 12th, 2007

CellOne subscribers in Chennai Circle shell out local charges every time they dial 197 Some mobile calls land on the enquiry grid without jumpstarting the meter Officials suspect the problem may be embedded in the server hubs in Tiruchi and Coimbatore Apparent chinks in the billing software of the widely used ‘197’ directory enquiry service […]


EducationNews

A website for students looking for courses abroad

September 12th, 2007

Hotcourses, the United Kingdom’s largest publisher of guides to education, on Tuesday launched www.uniguru.com, a website for Indian students looking for courses in higher education institutes abroad. Uniguru is the first website to use web 2.0 technologies to offer peer-to-peer advice on over 100,000 courses at 808 institutions in the U.K, the U.S., Singapore and […]


AwardsMovies

Good response to film festival

September 12th, 2007

Tamil films are a big hit with people in Durban, Raj Govender, director of Arts, Culture and Tourism, Durban, South Africa, said. ‘The South Indian Film Festival’, organised by the Consulate-General of India, Durban, in association with the Avalon Group, screened classics from August 30 to September 6. The festival, held as part of the […]


Business

Lakhs of fake currency found in banks

September 12th, 2007

The Reserve Bank of India (RBI) has filed FIRs against the managers of six prominent banks here after seizing fake currency worth Rs 3,67,190 from them, official sources today said. In the last five days, counterfeit currencies were recovered from State Bank of India, Gwal Toli branch (Rs 18,900), Union Bank of India, Sarvodaya Nagar […]