Company News

Westinghouse To Delegate Work To Indian Industry

Westinghouse To Delegate Work To Indian IndustryWestinghouse Electric Co. with headquarters in US, expected to supply nuclear reactors to India, would transfer technologies to local firms and would also work closely with industries here.

Westinghouse Vice- President - Government Affairs (Europe), Mr Fernando Naredo said "We will be transferring our technologies to the local industries and even expand them."

He further added, "We buy and build reactors and we give the technology to locals and buy from them, that is our philosophy throughout the world for the last 30 years".

Tata Motors To Halt Production At Jamshedpur For 5 Days

Tata Motors To Halt Production At Jamshedpur For 5 DaysThe Economic meltdown is taking its toll on the automotive market. India's largest vehicle maker, Tata Motors Ltd has announced shutting down of its commercial vehicle plant in Jamshedpur for five days from November 25-29 owing to declined demand.

The Company had earlier shut down the plant from 6 to 8 Nov, with 5 and 9 Nov being weekly company holidays.

Tata Motors stated, "Across the industry, it has been seen in the month of October 2008 that unavailability of finance, coupled with high interest rates is forcing customers to postpone purchases."

Bharti Airtel Receives The 'Best Mobile Music, TV or Video Service' Award

Bharti Airtel Receives The 'Best Mobile Music, TV or Video Service' AwardBharti Airtel, India’s top mobile service provider, was conferred the top honours at the GSMA Asia Mobile Awards 2008 at Macau for its Music-On-Demand service.

Among tough competition from worldwide leaders including Telstra Corporation, Australia, Geodesic Inc, USA, Artificial Life, Inc, Hong Kong and Gracenote, USA, Airtel received the high-status award in the category ‘Best Mobile Music, TV or Video Service’.

Netgear Adds Another Feather To Its Cap

Netgear Adds Another Feather To Its Cap Netgear, Inc, a global supplier of technologically advanced, branded networking products, announced that it has been awarded the ‘Fastest Growing Networking Solution Vendor’ for SMBs  by VARIndia during its annual Star Nite Awards, held in the Hotel Eros Intercontinental on Nov. 14, 2008.  

Rajshri Media Signs Pact With Ramdev’s Divya Yoga Mandir Trust

Rajshri Media Signs Pact With Ramdev’s Divya Yoga Mandir TrustRajshri Media, India’s top Web and Mobile studio and the digital entertainment arm of the 60-year old Rajshri group, signed up an exclusive deal with Swami Ramdev’s Divya Yoga Mandir Trust, Hardwar.

Under this pact, the complete library of audiovisual content of Baba Ramdev comprising videos of Pranayam, Yoga Postures, Breathing Techniques, Nutritional Tips and Home Remedies for different ailments featuring Baba Ramdev himself, will be available for free streaming and paid downloads exclusively on www.rajshri.com.

UTV Cuts Cost by Reviewing Broadcasting Investment Plans

UTV Cuts Cost by Reviewing Broadcasting Investment PlansOwing to rising costs and slow down of advertising revenues, UTV Software Communications has announced cut in costs in its broadcasting operations. The company has consolidated its operations for four television channels - UTV Movies, World Movies, Bindass and Bindass Movies - by phasing out its Delhi operations. 

UTV ran two channels from Delhi and the other two from Mumbai.

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