Archive for the 'Business' Category Page 3 of 6



Spice launches SMS service in 12 Indian languages

Spice launches SMS service in 12 Indian languages

Spice Telecom, Karnataka’s oldest cellular provider, on Thursday announced the launch of `Spice Local Lingo’, a messaging service that enables a consumer to send and receive SMSs in 12 Indian langauges.

The new offering was launched by the Spice’s Brand ambassador and leading Bollywood star, Priyanka Chopra.

The service can be downloaded on all Java-enabled phones and allows a user to choose from 12 Indian languages, Kannada, Hindi, Oriya, Punjabi, Tamil, Telugu, Malayalam, Marathi, Assamese, Gujarati, Bengali and Urdu, Rakesh Singh, COO, Spice Karnataka told reporters today.

“A subscriber could with a GPRS connection could downlaod it from the spice portal http://wap.spicetele.com or can SMS the key word `SLL’ to 56199 “, he said.

The language service can be enabled by using the language specific soft keypad that would be installed once the software is downloaded.Using the message edit box the user could compose the message and sent it as a normal text SMS.

He can also use the picture SMS in case the person the message has been sent to does not have the special ‘langugage facility on their mobile phone.

The charges for the service is a one time download charge of Rs 20 per language plus a monthly subsrciption cost of Rs five per language. As an inaugural offer, SMS charges in Spice Local Lingo will cost 50 paise.

The service is powered by Geneva Software Technologies. “The new offering was targetted at mass consumers keen in sending SMS in their own lingo and at those who were not comfortable with English”, he said. Source: economictimes



Brigade Enterprises Ltd IPO over-subscribed nearly 13 times

Brigade Enterprises Ltd IPO over-subscribed nearly 13 times

The initial public offering of real estate firm Brigade Enterprises Ltd today got over-subscribed by nearly 13 times.

The issue received bids for 21.40 crore shares against 1.66 crore shares on offer.

The price band of the issue has been fixed between Rs 351 and Rs 390. The issue, which opened on December 10, would close today.

The Bangalore-based firm had announced that it would set up shopping mall and a three star hotel at Chennai. The proceeds from the issue would be utilised to fund the setting up of mall.

The hotel would come up near the Tidel park here and the mall would come at Rajiv Gandhi Road, the IT corridor in the city. Source: economictimes



Mahindra & Mahindra launches new Scorpio V-series in Bangalore

Mahindra & Mahindra on Tuesday launched a new line-up of its Sports Utility Vehicle (SUV) Scorpio V-series.

The new Scorpio VLX is equipped with the mHawk engine and an array of features, M&M’s Vice-President-Marketing and Sales (Automotive Sector) Vivek Nayer told a press conference.

The new VLX is priced at Rs 9.57 lakh ( ex-showroom Bangalore).

The high power density mHawk engine and updated transmission allows the vehicle to go from zero to 60 kmph in 5.7 seconds with greater agility.

The use of a second generation common rail system, recyclable plastics and aluminium head result in lower weight and better fuel efficiency, he said.

General Motors Design Drives Into Bangalore

The new Design Center is the eleventh GM design studio worldwide—and situated in one of the fastest-growing emerging car markets in the world

General Motors Design Drives Into Bangalore

General Motors has opened a new Design Center in Bangalore, India. The new facility is the eleventh GM design studio worldwide and is of significant importance as it is situated in one of the fastest-growing emerging car markets in the world.

In a move to expand GM’s operations and design services in India and other parts of the world, the GM India Design Studio, which is located at the GM Technical Center-India (GMTCI), is India’s first digital design studio. Its new infrastructure consists of technologies such as a clay milling capability along with supporting equipment and virtual reality technology. High-tech visualization equipment will allow for surface quality reviews, which are needed to support interior trim work, and will also enhance the digital (Alias) surfacing skills of the GMTCI team through their interaction with clay.

“The design studio in Bangalore will serve as an important component of GM’s 11-member global design network,” said GM Vice President of Global Design, Ed Welburn, presiding over the inauguration of the new facility. “By leveraging the unmatched global resources and best practices of the GM Group, it will carry out important projects for GM in India as well as work with other design facilities on a worldwide basis.”

The GM India Design Studio will complement the four-year-old GMTCI—one of four GM technical centers in the Asia Pacific region—which has a base of more than 900 employees carrying out research and development and engineering work for GM in India and globally. In addition to supporting a global design strategy for GMTCI, the studio will become a center of expertise for interior trim and component surfacing, and also play a key role for the GM Design network as a ‘listening post’ in India, gathering information to better understand local product design requirements. It will employ over 60 people by the end of this year.

The new facility will work with GM’s Halol manufacturing facility in Gujarat, which manufactures the Chevrolet Tavera, Optra, Aveo, Aveo U-VA, SRV and Spark, and contribute to the mid-cycle enhancement of these existing models and the advanced design of future products. GM is planning to build a new manufacturing plant in Maharashtra in the fourth quarter of 2008 to further strengthen its global presence. Source: businessweek

IBM plans SOA leadership centre in Bangalore

IBM plans SOA leadership centre in Bangalore

IBM today announced plans to open a SOA leadership centre in India designed to address business challenges using service oriented architectures (SOA).

The centre will be set up in Bangalore, and would be the first-of-its-kind in Asia-Pacific and the fourth in a series of SOA leadership centers planned across the world. The centre will become fully functional during the first quarter of 2008.

The SLC in Bangalore will be staffed by IBM’s global SOA experts, and will focus on three key areas: SOA education and training, SOA implementation support, and SOA exhibitions and demonstrations.

“Opening this centre is a direct response to what our customers in India are demanding,” said Panini Dwivedi, Country Manager – WebSphere, Software Group, IBM India/ SA.

He added: “IBM has helped thousands of early SOA adopters around the world successfully overcome some of today’s most challenging business problems using SOA. Now, the SOA Leadership Centre can help customers develop the skills and knowledge to help enable them to use an SOA to attain business goals. Partnering with local universities will also be a major focus of the center, with a goal of building SOA skills in the emerging work force in India.” Source: business-standard

GSM customer base crosses 165mn

The operators add 5.82mn new subscribers in November Vs 5.71mn new users added in October. Bharti Airtel adds 2.05mn new users taking its total to 52.96mn

The country’s GSM service providers added 5.82mn new subscribers in November as against 5.71mn new users added in October, data released by the Cellular Operators’ Association of India (COAI) shows.

With this, their total subscriber base now stands at 165.83mn, up 3.6% from October. At the end of November last year, GSM operators had a total subscriber base of 100.79mn, the COAI data reveals.

Bharti Airtel – the biggest GSM operator – added 2.05mn new users last month, taking its total to 52.96mn while Vodafone Essar saw net additions of 1.38mn, boosting its overall customer base to 38.56mn.

Idea Cellular added more than 8 lakh new subscribers, taking its total to 20.22mn while Aircel witnessed net additions of 501,588, lifting its total to 9.02mn. Source: indiainfoline