Archive for August, 2008

Decks cleared for Chiranjeevi party

Hyderabad, August 30: Election comminssion of India has given its nod to register Prajaraajyam Party, clearing the hurdles to film star Chiranjeevi.

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Rajasthan CM launches Mahindra World City’s IT SEZ

It is a part of the 2600 acre Multi-Product SEZ in Jaipur
Jaipur, INDIA, August 29, 2008: The Honourable Chief Minister of Rajasthan, Smt. Vasundhara Raje inaugurated Mahindra World City (MWC), Jaipur’s IT SEZ today. MWC, Jaipur’s IT SEZ is spread across approximately 750 acres and is the largest planned IT SEZ in the country. This [...]

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TCS partners with NSDL to build scalable repository for pension records in India

Mumbai, 29 August 2008: Reiterating its commitment to mission critical projects in the Indian market, Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), a leading global IT services, business solutions and outsourcing firm, announced that it had helped design and build a new scalable system for National Securities Depository Ltd. This new system will be [...]

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Reliance Money forays into Europe, incorporates company in Ireland

Sets up operations in Ireland and UK to reach out to over 2 million NRIs and PIOs based in Europe
First initiative by Reliance Money to offer its comprehensive range of financial  services to retail investors in the European markets
NRIs and PIOs would have the opportunity to invest in the Indian market through Reliance [...]

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India, Inflation and Monsoon Monitor

Inflation : +12.42% YoY: Inflation, as measured by the WPI, rose to 12.42% for the week ending 16h  August vs. 12.63% in the previous week and 3.99% a year ago. Looking at the components, primary articles were up 11.63%; manufactured products were up 11.02%, and the fuel price index rose 16.76%.
Monsoon Monitor: Trends during the [...]

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CII says Singur situation resonate India’s global image

Condemns violence in Singur
Mumbai, August 29: The emerging situation with regard to the upcoming Nano project in West Bengal is disconcerting. The adverse impact of the continued violence and intimidation of the work force of the Nano plant is not restricted to Singur or West Bengal but will resonate in India’s global image.  This was [...]

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ConocoPhillips to Present at Lehman Brothers CEO Energy/Power Conference

HOUSTON, August 28, 2008 — ConocoPhillips [NYSE:COP] today announced that Jim Gallogly, executive vice president, Refining, Marketing and Transportation, will speak to investors and securities analysts at the Lehman Brothers CEO Energy/Power Conference on Wednesday, Sept. 3, at 9:45 a.m. Eastern.  The event will be held at the Sheraton New York Hotel and Towers.
Investors can [...]

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INTEL FACILITATES THE ‘CONNECTED INDIANS’ INDUSTRY EFFORT

TO DRIVE BROADBAND CONNECTIVITY IN INDIA
To support this cause please log onto www.connectedindians.com and sign up
§  Movement is to connect citizens to the Internet leading to overall economic growth
Industry alliance with government, NIIT, Tata Teleservices, Tata Communications, Reliance Communications, CII, ASSOCHAM, WiMax Forum and MAIT
MoU with BSNL to jointly propagate broadband Internet and WiMAX
Announces Intel® [...]

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Vijay Rangineni joins Satyam BPO as Chief Operating Officer

Satyam BPO appoints new COO
‘Customer One’ experience through business transformation will be his focus
HYDERABAD, India, August 29, 2008: Satyam Computer Services Ltd. (NYSE: SAY), a leading global consulting and information technology services provider, announced today that Satyam BPO, its business process outsourcing arm, has appointed Vijay Rangineni as Chief Operating Officer.
Vijay’s appointment as COO comes [...]

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Essar Steel to issue loyalty cards to retail customers

A pioneering initiative in the steel retailing sector
Mumbai, August 29:Essar Steel has introduced a pioneering initiative to reward loyal customers who are regular visitors to Essar Steel Hypermarts, the company’s chain of steel retail outlets.
In a strategy that is unique in the steel retailing sector, Essar Steel will issue a membership card, branded “24 Carat [...]

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