MTNL Nova Navigator Service launched by Novatium Solutions Private Limited

MTNL-NavigatorMTNL broadband subscribers in Delhi and Mumbai will enjoy MTNL Nova Navigator Services launched by Novatium Solutions Private Limited.

The services can be used for both Internet access and wide-ranging computing applications. Main highlights of this service are Internet, gaming, digital entertainment, online education, telephony and business productivity.

The device is trouble free and can be easily plugged and played with zero maintenance. The main features loaded in this device are 3G support, plug and play printer support, faster browsing and multimedia.

Tata Motors to invest Rs 10,000 crore in coming years

Tata-MotorsTata Motors is planning to invest around Rs 10,000 crore approximately in the coming two-three years on the further development.  This has been revealed by the company officials. The company has also informed that it will invest on its products, modernization of its facilities and other capex purposes.

It has invited the opinion and approval of shareholders on such decisions and has decided to expand its range of products.

It also plans to enhance its presence and popularity in markets on both domestic and global fronts.

Production of synthetic rubber has gone up by 10%

synthetic-rubberThe production of synthetic rubber has increased from its last record by 10%, which is equivalent to rising up to 1.06 lakh tonnes. This has been informed by the Rubber Board data.

The production had decreased by 9% in the previous fiscal which was down by 96,739 tonnes from its following fiscal.

During the fiscal year of 2009-10, the consumption of synthetic rubber had jumped to 3.4 lakh tonnes thereby making an 18.7% growth against a depreciation of 1.4% in the prior financial year.

A-380 at IGI

IGIs-Terminal-3The newly constructed terminal 3 of the Indira Gandhi  International Airport which was inaugurated by Prime Minister Manmohan Singh on 3rd July will be marked and celebrated by Emirates. The Emirates will fly the world's largest passenger aircraft Airbus A-380 on the Dubai-Delhi route as a one time special gesture on 15th of July.

The 517 seater superjumbo Airbus had earlier been flown here as a demonstration for Kingfisher Airlines. This time is for a goodwill gesture from the airline to celebrate the launch of T-3. The special cost which is being offered for the Emirates flight's return fare plus tax is Rs. 9,990.

ISMA raises sugar output estimates

ISMA raises sugar output estimatesIndian Sugar Mills Association (ISMA), the industry body of the sugar mills said that the sugar output this year is going to be better and thus raised its estimates.

The reasons are the favorable climate and more area sown this sugar season which runs from October and runs till the following September.

As against the earlier forecast of ISMA that said that 23 million tonnes (mt) will be produced in FY 2011, the figures have now been revised to 25 mt.

Govt. to go cautiously regarding FDI in retail

R P SinghThe government is going to be very cautious when it comes to allowing FDI in multi-brand retail outlets. This was said by the Department of Industrial Policy and Promotion Secretary R P Singh.

This is totally opposite to the kind of approach that is being followed in the defense sector.

Talking to a private news agency, PTI, Singh said, "We have left it (fixing a cap on FDI) open. Based on the response which we get from the stakeholders, we will take a view."

Pages

News in Focus

PAYTM (One 97 Communications), Info Edge and Angel One Share Price Jumps; PAYTM Reports Quarterly Profit

PAYTM (One 97 Communications) shares were in demand today as the company reported quarterly profit for the first time and issued a positive guidance.

Why the UAE Remains a Top Destination for Property Investors

The UAE has long been considered one of the most attractive destinations for property investment globally.

Bandhan Bank Share Price Target at Rs 225: Kotak Securities

Kotak Institutional Equities has maintained its BUY rating on Bandhan Bank, assigning a fair value target of Rs 225 per share.

Godrej Properties, DLF, Oberoi Realty Share Price Under Pressure; Quick Review of Mumbai Real Estate

Godrej Properties, DLF, Oberoi Realty and Lodha Developers were among major losers as real estate stocks were facing selling pressure in today's session.

Eternal Limited (Zomato), Persistent Systems, UPL Share Price Jumps; Zomato Looks Bullish

Eternal Limited (Zomato), Persistent Systems and UPL were among major gainers in today's trade and these stocks are also looking bullish on technical charts.

Union Bank of India Share Price Target at Rs 168: Anand Rathi Research

Anand Rathi Research has reaffirmed its bullish outlook on Union Bank of India, reiterating a BUY call with a 12-month price target of Rs 168.