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Zee flops with Sawal Dus Crore Ka
New Delhi: After
branding it as a master-stroke that would wipe out rival, Star TVs gain with its Kaun
Banega Crorepati, the mega-game show brought on by Zee TV, Sawaal Dus Crore Ka,
has proved to be a flop.
Recent ratings issued by the two
monitoring agencies, INTAM and TAM, have shown that the much talked about game show on Zee
got poor ratings in the first week of the launch.
While the INTAM rating gave the game show
a poor 2.1, the TAM ratings put it at a pathetic 1.2. These ratings resulted in rumours
that the channel would remove the game show off the air.
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Juniper set to sell routers
in India
New Delhi: Juniper,
the fast growing networking company started by known Indians in the US, has entered into a
marketing and distribution alliances with Bluestar, Ericsson, Alcatel and Nortel to sell
its internet routers in India.
Having launched its first router in 1998 the company has already garnered a 22 per cent
global marketshare of the high-end internet router market. With a current turnover of $200
million, Juniper is a very fast-growing rival of Cisco.
Junipers clientele includes MCI Worldcom, Verio, QWest and Cable & Wireless.
According to sources, VSNL is already testing out Junipers routers.
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Tata Consultancy plans Rs
40-crore development centre
New Delhi:
Indias leading software developer, Tata Consultancy Services, is planning to invest
up to Rs. 40 crore to set up a 'development centre' in Noida that will focus on banking
and financial software applications. The centre is expected to come up by end of 2001.
The development centre was part of the
Tata Sons division's overall plan of expanding its base for financial software development
in the coming years. It is planned that the centre will be an independent facility (almost
a software technology park) with high-speed data communication links to facilitate
development operations.
The unit was expected to house 1,200
software professionals. TCS currently has eight of its development centres in India
certified Software Engineering Institute-Capability Maturity Model level five, a high
quality rating for software units.
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Shell,
Cairns Energy in race for Enron's Panna pie
Mumbai: After energy
major, Enron Corporation, pulled out of the Mukta-Panna oil and gas field consortium due
to policy reasons, the Anglo-Dutch oil giant, Royal Dutch Shell and Cairns Energy are
understood to be in the race for the Enron stake.
Both Reliance and ONGC, who own 30 and 40
per cent respectively in the unincorporated venture, have evinced interest in buying out
Enron's stake.
Cairns' bid for Enron's stake is also
being seen as crucial, as the Australian company has the reputation of being one of the
leading operators in the sector.
It is interesting to note that Shell and
Cairns Energy have a strategic alliance for oil exploration in the south-east Asia. In
fact, the production work at Shell's oil field in Rajasthan is being handled by Cairns.
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Maruti strike: in sight of a
resolution
New Delhi: With the
workers relenting on their demand for immediate implementation of pay revision, the end to
the long strike at Maruti Udyog seems to be coming to an end.
The union has agreed to withdraw the strike on a condition that the management does not
press for implementation of the proposed code of conduct, reinstates the 83 suspended
workers and pays salary for the strike period.
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Indian Rayon going
for capacity expansion
Mumbai: Following the new policy, which allows dereservation of the
garment sector, the Aditya Birla-group company, Indian Rayon, has decided to go in for
capacity expansion and introduction of advanced technology in the garment business.
The company is planning to make an initial
investment of around Rs 20-25 crore for the proposed expansion. Currently, eight units
together supply around six lakh pieces per month to Indian Rayons garment outfit,
Madura Garments.
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