Edimax Technology, top maker of networking solutions, has rolled out the Wireless 802.11b/g 3G multifunctional Broadband Router with Print Server.

The 3G-6200Wg is a cost-effective IP based router, which lets several users to share a single Internet connection through an ADSL or cable modem.

3G-6200Wg, which backs up automatic backup function, is a speedy wireless 3G broadband router.

Jamshedpur Utilities & Services Company Ltd (Jusco), a wholly owned subsidiary of Tata Steel, has secured Rs 152-crore water management contract for Mysore city.

The pact to this effect was signed on Tuesday between Jamshedpur Utilities, Mysore City Corporation and Karnataka Urban Water Supply & Drainage Board.

The project, to be executed in three phases over a period of six years, will utilize the already sanctioned JNNURM fund (80 % of the project cost) for improving the water supply infrastructure in Mysore city.

While the rest of funding will be provided equally by the Karnataka Government and Mysore City Corporation.

Essel Group's multi-purpose prepaid cash card provider ItzCash has plans to spread its footprints in rural markets in the country by next year.

The firm intends to open another 50,000 exclusive outlets in rural areas next year under the brand name 'ItzCash Point' and 'ItzCash World', besides opening franchisee network up to 12,000.

The company would setup about 1,000 franchisees in South India alone. At present, the company has one lakh outlets and around 10,000 franchisees in India.

According to sources, all upcoming new outlets will be set up in tier-III cities and villages.

The Insurance Regulatory Development Authority (IRDA) is likely to increase the premium on terrorism insurance risk. The deliberations in this regard have started, following the recent terror attacks on Mumbai. The matter to cover house or commercial establishment under terror insurance had believed to be discussed in Hyderabad on Monday by IRDA.

The Securities and Exchange Board of India (SEBI) has extended the cross margining facility for all categories of market participants. It was earlier extended it only to the institutional trades. The move would help to satisfy the financial needs of various broking firms, as cost of working capital has risen sharply in the past few months.

Various cost cutting measures taken by TATA Steel has improved its margin in the July-September period. The company witnessed 213% increase in the net profit for the second quarter of current financial year despite slow demand and tough financial conditions. It has been working on various cost cutting measure, including improvement in efficiency, production control and salary cut, that ultimately yielded good Q2 results.

Its consolidated net profit increased to Rs. 4,703.60 crore, from Rs. 1,489.50 crore in the same period last year. The operating profit stands at Rs. 7,187 crore, from Rs.