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.

ZTE Corporation, a leading global provider of telecommunications equipment and network solutions, added another major client win to its growing list of service providers deploying its GSM solution.

The company today announced the signing of a US$100 million deal with China Mobile's Pakistan arm (CMPak) to help them swell the capacity of their GSM infrastructure as part of its Phase 2 project.

The
entire Tamil film industry paid homage to the gallant NSG commandos and
police personnel who lost their lives while battling the terrorists in
the country’s financial capital, Mumbai last week.

All the industry artistes including both young and old gathered at the
Nadigar Sangam office premises in T. Nagar to participate in the homage
session organized by Nadigar Sangam.

The sober event saw the artiste take a pledge against violent forces
that were unleashed in the attacks. The members together read a
condolence message for those brave NSG commandos, policemen and

HTC Corporation, a worldwide leader in mobile phone innovation and design, rolled out the HTC Touch™ 3G for its Indian customers.

Continuing HTC's touch-phone tradition, the Touch™ 3G utilizes the superior TouchFLO™ expertise, HTC's finger-touch optimized navigation experience permitting quick, one-touch access to the people, messages and information people want.

Force Motors has announced that it would sell up to 14.5 per cent stake in its joint venture with Germany's MAN Nutzfahrzeuge for about Rs 300 crore. The move would enable the German auto firm to raise its stake in the JV to 50 per cent.

Experts believe that the proposed change in the equity structure of the JV would take place in two steps. First, Force will sell 14.2% stake to MAN for Rs 300 crore. Through a rights issue, MAN will later fill Rs 250 crore in the JV. Force will abstain from subscribing to the issue. As a result, MAN's stake will go up to 50% from the current 30%.