Business

Gram Jyoti rural broadband project

September 20th, 2007

Telecom equipment major Ericsson today announced the launch of the Gram Jyoti Rural Broadband Project, which would introduce benefits of wireless CDMA (W-CDMA)/High Speed Packet Access (HSPA) technology in rural India, connecting communities to high speed internet services for the first time. This pilot project showcases the benefits of mobile broadband applications across 18 villages […]


Business

Airtel and Carnatica to launch music album

September 20th, 2007

Telecom service provider Airtel in association with Carnatica, an organisation involved in promoting music, will launch an album featuring different styles of music to commemorate World Peace Day falling on September 21. Airtel customers can access the content of the album using the short code 562637. Special programmes have been scheduled for Friday at different […]


BusinessNews

Tamil Nadu plans Taiwan Eco Zone near Chennai

September 17th, 2007

The Tamil Nadu government is looking at creating a separate Taiwan Economic Zone near Chennai. The zone, spread over 500 acres, is planned to attract investments from Taiwanese small and medium enterprises, according to Tamil Nadu industries secretary Shaktikanta Das. Das said the state government was exploring possibilities of earmarking 500 acres for the proposed […]


Business

Chennai to host international trade fair

September 15th, 2007

Chennai is to play host to an international trade fair to be organised during the first week of October by the Malaysian External Trade Development Corporation (MATRADE). This is the fifth Chennai International Trade Fair showcasing general products from this country. Considered by many as an awakening ‘tiger’, Malaysia is constantly upgrading its infrastructure to […]


Business

HMAS Adelaide to visit Chennai soon

September 15th, 2007

It is slated to dock at Chennai port next week The ship had taken part in the joint naval exercises In a continuation of the growing “confluence of interests” between India and Australia, especially in the Indian Ocean Region, HMAS Adelaide — the Royal Australian Navy’s long-range guided missile frigate — will be making a […]


Business

Ford plans capacity expansion at Chennai facility

September 15th, 2007

Ford India has plans to expand production capacity at its Chennai plant. According to Scott McCormack, Vice-President, marketing and sales, the existing facility has a capacity of 65,000 units on an annual basis; the company is now considering to expand it to 100,000 units as more product projects and segments are being evaluated by the […]


Business

HC orders release of millionaire

September 15th, 2007

Madras High Court today set free a millionaire, who was allegedly detained illegally by his own relative and admitted to the Institute of Mental Health (IMH). A Division Bench comprising Justice P D Dinakaran and Justice R Regupathy, who ordered the release of Deenadayalan, 54, on a Hebeas Corpus petition filed by one Uma Manickam, […]


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 […]