TNM

Sony Ericsson, Zapak.com, Xbox 360 Announce ‘World Gaming Day’ On Feb 12

Sony Ericsson, Zapak.com, Xbox 360 Announce ‘World Gaming Day’ On Feb 12 Gaming majors including Sony Ericsson, Zapak.com and Microsoft Xbox 360, on Thursday, have come together to launch World Gaming Day across the globe.

The World Gaming Day is scheduled to take place on 12th February 2009.

Indian market of late has become an important part of all tech majors so the three are pursuing this first of its kind global initiative from India.
 
With the aim to take gaming to a new height, the trio would jointly promote the initiative across media.

Nomura Financial finally rolls out its service in country

Nomura Financial finally rolls out its service in country Nomura Financial Advisory and Securities (India) Private Limited, a wholly-owned subsidiary of Nomura Holdings Inc., has finally rolled out its equity sales and trading and investment banking operations in India.

It may be noted that, last year in October, Nomura, a global investment bank, bought the majority of Lehman Brothers' employees in India, including the equities sales and trading, equity research, fixed income liquid markets sales and trading, and investment banking teams.

L&T to offer 10,000 jobs

L&T to offer 10,000 jobs Larsen & Toubro (L&T), the diversified conglomerate has revealed its plan to recruit nearly 10,000 people over the next three years for executing its various projects.

Out of total workforce, 5,000 employees would be recruited for the $7 billion group's power equipment manufacturing facility and other units at Hazira, Gujarat. The employees would be deployed for projects like mono rail, power reactors and turbines.

L&T plans to invest Rs 4,500 crore in Hazira, where the company has heavy engineering manufacturing units.

RCom launches GSM service in Jammu and Kashmir

RCom launches GSM service in Jammu and KashmirReliance Communications, part of the Anil Dhirubhai Ambani Group, has finally launched its GSM services in over 50 towns and more than 5,000 villages in Jammu and Kashmir.

With the launch, the subscribers in J&K can now experience best-in-class telephony services at the most friendly price points, including local calling and SMS, STD, ISD, roaming and Value -Added Services.

Samsung India to pump $20 million in its two units

Samsung India to pump $20 million in its two unitsConsumer appliances giant Samsung India has announced that it will invest USD 20 million in its Chennai and Noida facilities this year to strengthen business operations.

The company has sketched an investment worth USD 20 million for these facilities with more focus on machinery. The company intends to export televisions and front loading washing machines to the SAARC countries from its Chennai unit.

It may be noted that Samsung last year invested USD 200 million as part of global expansion plans.

April might see India garments sector shed 15 lakh jobs

Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia On Thursday, the Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia confirmed that a dire need of help was required by the apparel industry and that he would suggest some sort of stimulus package in order to protect jobs and interest of those who are linked with the industry.

The slowdown and recession in export markets has adversely affected the industry and even has put negative impact on millions of jobs and investments.

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