NFL had two branches in Kolkata and both of them downed their shutters in 2001.
The global financial meltdown may take a toll on gifting companies, with corporates likely to tighten their belts around their gifting spend on employees this ensuing festive season.
The Government Girls' High School at West Marredpally in Secunderabad turned a new chapter six months ago when it became a part of the 50x15 global campaign, which intends to provide net access to 50 per cent of the unreached by 2015.
reQall, one of the first applications for iPhone to be released through AppStore, allows users to capture verbal information without having to key it in on their device. Be it a telephone number, an appointment or sending a text message, all one needs to do is say it aloud and reQall archives it. Currently, the application combines only voice-to-text recordings.
"Smart cards are a step towards financial inclusion. The idea is to inculcate banking habits among the poor," says Anita Ramachandra, director, rural development (self-help groups). The government is paying 2 per cent of the amount disbursed through smart cards to the banks to engage them in the initiative.
In-game advertising ( or advergames) is catching on in India. Advertisers consider it to be an effective medium to improve brand recall. Indian gaming companies are looking at it as a promising new revenue stream that could offset growing game development costs. An advergame is a fusion of non-intrusive advertising, marketing and branding. Advergames also have potent market research capabilities, demographic assessments or statistics for specific regions just a click away.
Indian gaming companies plan to target women as their new set of customers. In India, there are around 12 million women online users, almost one-third of internet users
"We have zeroed in on two companies down south: One in the electronic security systems space and the other in manned guarding services. The total cost of acquisition would be Rs 100 crore (Rs 1 billion), that will be fully funded through internal accruals. We expect to seal the deals in the next six months," Diwan Rahul Nanda, chairman and managing director, Topsgrup, said. The 37-year-old company closed the last financial year with revenues of Rs 330 crore (Rs 3.3 billion).
Castrol India is in the process of preparing new oil formulations to be used in engines that run on blended fuels. These formulations will be launched when the automobile sector rolls out vehicles to run exclusively on biofuels, according to Naveen Kshatriya, managing director, Castrol India. Globally, Castrol spends about $70 million a year on research and development (R&D), including about Rs 10 crore (Rs 100 million) in India, for country-specific projects.
In an effort to take technology to the grassroot level, IT major IBM India Private Limited is now working on a talking website at its India Research Laboratory. This will ensure that even the unlettered can create a website and access information from others for business transactions.
MSD Pharmaceuticals, the wholly owned Indian subsidiary of Merck, is awaiting approval from the Drug Controller General of India to launch a human papillomavirus vaccine to treat cervical cancer. The company has already conducted clinical trials.
ISB Hyderabad leads the way with 80% students switching fields.
The media division of Goldstone Technologies, a Hyderabad-based software solutions and Internet protocol television provider, is eyeing business potential outside the film industry. The division, which restores, colourises and digitises films, is exploring various opportunities to restore national archives. It is currently negotiating with a few government agencies in this regard. Goldstone has also identified 140 films in three languages for restoration and colourisation.
Being developed on a 14-acre site at Ghatkesar on the outskirts of Hyderabad, AsiaGSB will entail an investment of Rs 25 crore (Rs 250 million) in the first phase and Rs 50 crore (Rs 500 million) over the next two to three years. The B-school is expected to start operations from mid-2008.
Jeanne Sheldon, corporate vice-president (office authoring solutions), Microsoft talks about the vast opportunities of mobile business.
Corporates have been exploring various innovative ways to dole out gifts, especially at a time when mass mailing of the same gift to all its staff is not widely accepted. One such new route is e-vouchers.
Indian testing companies, however, are facing a host of challenges including lack of adequate talent and specialised certification programmes in testing to get youngsters into the profession. The estimated number of testers required in India is projected to be around 18,000 in the coming year, according to a Gartner report.
India Ka Hero, perhaps the first-of-its-kind online reality show, developed by NowPos (short for NowPossible) Online Services Private Limited, allows aspiring musicians, singers, dancers and comedians shed their stage frights and showcase their artistic abilities.
Supermarket chain Spencer's Retail Limited has lined up a capital expenditure of Rs 400 crore (Rs 4 billion) for south during the current financial year.
The Maxwealth Trust provides around Rs 6000 to each individual, which is repayable at Rs 125 a week.
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