The bigwig information technology service provider HCL Technologies has signed a $100 million six-year transformation deal with document management firm, Xerox Corporation, for the outsourcing of data-center services. The two companies already entered into a partnership in November, according to which HCL would facilitate companies in the incorporation of Xerox's manage print services into their systems.
Going by a Department of Telecommunications (DoT) directive, as many as 250 lakh mobile subscribers, who use handsets that are without the valid IMEI - International Mobile Equipment Identity - number, face the likelihood of disconnection of services from April 15, the extended deadline after the earlier set December 31, 2008 cut-off date!
In accordance with the DoT instructions, GSM service providers - including Airtel and Vodafone - are all set to deny connectivity to mobile phones which do not have the essential IMEI number, which is 15-digit code appearing on the operator's network when a call is made.
In a press release on Sunday, the state-run Power equipment maker Bharat Heavy Electricals Ltd (BHEL) announced that the annual 2008-09 turnover figures of its boiler auxiliaries plant marked a record high of Rs. 2,000 crore!
The turnover for exports also showed an increase of 40 per cent, as compared to the year-before figures, yielding Rs. 28 crore for the year on the whole. In case of the value addition per employee also, the figures depict a year-on-year increase of 19 percent to Rs. 19.79 lakh.
Power equipment manufacturer BHEL announced that its boiler auxiliaries facility had attained a record high turnover of Rs 2,000 crore during the last fiscal (2008-09).
During the fiscal, the company said that the profit before tax (PBT) stood at Rs 253 crore.
Moreover, its dispatches were up 30% at 1.9 lakh metric tonnes during the period under review.
The facility saw an increase of 26% in its growth rate, while it bagged orders worth Rs 3,700 crore during the fiscal.
The Federation of Indian Export Organisations (FIEO) has forecasted 15 to 20 per cent decline in export in the month of March following slump in demand under the impact of global slowdown.
USA and Europe, the traditional markets for Indian products, are grappled with hard financial conditions with unemployment spreading across all nations due to large scale layoffs as firms are facing shortage of contracts due to low demand and reduction in customers spending.
In reaction to the patent granted to Bajaj Auto for its ExhausTEC invention, TVS Motor Company's President Marketing, HS Goindi told Business Line that his company had neither infringed the patent nor would the grant of patent have any affect whatsoever on TVS' business, as "none of the products of the company utilize the said technology."
The bigwig information technology service provider HCL Technologies has signed a $100 million six-year transformation deal with document management firm, Xerox Corporation, for the outsourcing of data-center services. The two companies already entered into a partnership in November, according to which HCL would facilitate companies in the incorporation of Xerox's manage print services into their systems. 
Going by a Department of Telecommunications (DoT) directive, as many as 250 lakh mobile subscribers, who use handsets that are without the valid IMEI - International Mobile Equipment Identity - number, face the likelihood of disconnection of services from April 15, the extended deadline after the earlier set December 31, 2008 cut-off date!
In a press release on Sunday, the state-run Power equipment maker Bharat Heavy Electricals Ltd (BHEL) announced that the annual 2008-09 turnover figures of its boiler auxiliaries plant marked a record high of Rs. 2,000 crore!
Power equipment manufacturer BHEL announced that its boiler auxiliaries facility had attained a record high turnover of Rs 2,000 crore during the last fiscal (2008-09).
The Federation of Indian Export Organisations (FIEO) has forecasted 15 to 20 per cent decline in export in the month of March following slump in demand under the impact of global slowdown. 
In reaction to the patent granted to Bajaj Auto for its ExhausTEC invention, TVS Motor Company's President Marketing, HS Goindi told Business Line that his company had neither infringed the patent nor would the grant of patent have any affect whatsoever on TVS' business, as "none of the products of the company utilize the said technology." 
