On Friday, a low-cost home computing device was launched by the Bharat Sanchar Nigam Limited (BSNL) and Chennai-based IT solutions company Novatium, which could help the former achieve a target of 9 million broadband connections across the country in the next couple of years.
Chairman and Managing Director of BSNL Kuldeep Goyal informed at a press conference after the launch of “Nova netPC” on the BSNL’s network, “Affordability issues over buying a desktop PC or laptop would no longer stand in the way of broadband penetration, especially in rural areas.”
The US Food and Drug Administration (FDA) can take more time to approve Ranbaxy's generic version of GSK's anti-migraine medicine, Imitrex. The delay may cause potential loss of Rs 300 crore to the drug major. Research Analyst Ranjit Kapadia said, "Since, Ranbaxy has not been able to launch the drug in the US and patent for the drug is also going to expire in February 2009, the company may have to suffer a potential revenue loss of Rs 240-250 crore in the current year."
Vijay Mallya-promoted Kingfisher Airlines has finally slashed its domestic basic fares by up to 65 per cent, indicating an average reduction of around 20 per cent in overall fares.
Last week, Kingfisher had declared a range of fare cuts without indicating the quantum of cuts across sectors.
The company's announcement follows moves by rival Jet Airways and Air India, the country's national carrier to trim their basic fares by an average of 50 per cent and 40 per cent respectively.
Vodafone has made announcement about the launching of its new service, named ‘Vodafone Friends Circle’ permitting customers to make local calls to family and friends more frequent and long.
The offer is for both pre paid and post paid users.
The facility allows users to add up at least 5 numbers and enjoy extra talk time to local calls at just 20 paise per min.
This service can easily be activated by sending an SMS ‘FRIENDS’ to a toll free number 144.
The Cabinet Committee on Economic Affairs (CCEA) has exempted PepsiCo from the divestment clause, paving a way for the infusion of $50-million (about Rs. 250 crore) foreign direct investment (FDI) from Pepsico Holdings to its Indian operations. The Union Government has already allowed 100% foreign direct investment (FDI) in the food processing sector.
Addressing reports, Union Science and Technology Minister, Kapil Sibal said, "When Pepsico India Holding first invested in India, guidelines for investment were different. The guidelines have changed now."
On Friday, a low-cost home computing device was launched by the Bharat Sanchar Nigam Limited (BSNL) and Chennai-based IT solutions company Novatium, which could help the former achieve a target of 9 million broadband connections across the country in the next couple of years. 
The US Food and Drug Administration (FDA) can take more time to approve Ranbaxy's generic version of GSK's anti-migraine medicine, Imitrex. The delay may cause potential loss of Rs 300 crore to the drug major. Research Analyst Ranjit Kapadia said, "Since, Ranbaxy has not been able to launch the drug in the US and patent for the drug is also going to expire in February 2009, the company may have to suffer a potential revenue loss of Rs 240-250 crore in the current year." 
Vijay Mallya-promoted Kingfisher Airlines has finally slashed its domestic basic fares by up to 65 per cent, indicating an average reduction of around 20 per cent in overall fares. 
Vodafone has made announcement about the launching of its new service, named ‘Vodafone Friends Circle’ permitting customers to make local calls to family and friends more frequent and long.
The Cabinet Committee on Economic Affairs (CCEA) has exempted PepsiCo from the divestment clause, paving a way for the infusion of $50-million (about Rs. 250 crore) foreign direct investment (FDI) from Pepsico Holdings to its Indian operations. The Union Government has already allowed 100% foreign direct investment (FDI) in the food processing sector.
