Cologne, Germany - TUV Rheinland Group, a German firm that certifies compliance of products with regulations, marked 30 years of doing business in Asia on Thursday, noting that it now had laboratories at 40 places in 14 Asian nations.
The first testing laboratory opened on October 2, 1978 in Tokyo with just three staff.
Today the Cologne-based firm has an Asian payroll of more than 2,600 and last year had regional revenues of 160 million euros (230 million dollars), nearly half that sum in China.
TUV surveys industrial plant, services and products such as home appliances, solar cells, medical equipment, toys, mobile phones and tools, and certifies them as meeting quality and safety standards.
Private sector lender Development Credit Bank (DCB) has introduced a new deposit scheme -- DCB Freedom 1-2-3 fixed deposit, for its customers.
The mobile phone unit of Samsung Electronics targets to double its share of the Indian GSM mobile phone market and raise it further to 15% by June-July next year
Hyderabad-Based Lanco Infratech Limited has informed that the company has bagged a Letter of Intent (LoA) from Kerala Government, for Vizhinjam international transshipment terminal port project work. 
Gujarat Pipavav Port Limited, the developer and operator of Pipavav port, the country’s first private sector port, has finally filed its Draft Red Herring Prospectus (DRHP) with market regulator (SEBI) for an Initial Public Offering aggregating to Rs 500 crore for cash at a price to be decided through a 100% book-building process.
UshaComm, a part of Usha Martin Group, has informed that it has entered into an end user license pact with Telecom Fiji. 
