Cabletron Systems productsCabletron Systems has announced the availability of SmartSwitch Router 2000, 8000 and 8600, which provide customers with massive bandwidth and pinpoint control for supporting business critical applications. "The new range will address the demand from from large enterprise customers for high performance and cost effective enterprise networking solutions while simultaneously providing improved control over the network," Cabletron Systems director (India & Saarc) Uday Birje said.
Compaq India unveils new models:
Compaq India has launched new models of its Deskpro EN and EP series featuring Intel's latest Pentium II and Intel Celeron 300A and 333 processors. The new models will provide performace and productivity required by the most demanding corporate users while the deskpro PCs provide exceptional value and dependability for entry level desktops, a company release said.
Cognizant Technology bags Pacific Exchange order:
Cognizant Technology Solutions(CTS) has bagged an order from Pacific Exchange, the third largest stock options exchange in the US, to modify its trading system for decimal-based pricing. The project is expected to be completed early next year and will be implemented in May next, CTS chairman and chief executive officer kumar Mahadeva said. The company will ensure a seamless trading environment by building the ability to convert to decimal trading on a stock-by-stock basis and the code will be implemneted in a CICS/COBOL environment, he added.
CCM, Bayer India sign pact:
Human resources development (HRD) consultancy firm Centre for Change Management (CCM) has signed contract with German multinational Bayer India Ltd to provide services in skill development and competency building management. Under the contract, CCM wil train 240 employees of Bayer India from top management down the line, CCM executive director RL Bhatia said. So far, the Mumbai-Based HRD firm has done job evaluation for 160 managerial staff of BayerIndia.
Power Gen Asia exhibition:
Power Gen Asia will organise an international exhibition starting Tuesday focusing on the changing trends in the country's power generation, transmission, distribution and automation. "India is a very potential market for the energy industry and this exhibition is focused to promote joint ventures with Indian companies also," Power Gen Asia '98 conference chairman Douglas J Smith said. The exhibition, to be organised in the capital, will help bring together the investment opportunites and focus attention of international investors in the country, he said.
Goodcare plans new product every year
The Calcutta-based Goodcare Pharma Pvt Ltd (GPPL) will widen its product portfolio by launching a new product every year and target a turnover of Rs 10 crore by 2000, company chairman Ram K Sharma said on Monday. "We intend to widen our product portfolio by introducing one product every year in the ayurvedic segment," he said. Sharma said ayurveda will have greatdemand inside and outside the country as it had no side effects. Launching a new range of anti-stress capsules `stress guard,' Sharma said the company hopes to raise its turnover to Rs 10 crore by the turn of the century.
Seimens launches new mobile phone model
Seimens Telecom Ltd on Monday launched its latest sleek lightweight `E10' model mobile phone in the domestic market. The fax and data compatible phone which is aimed at business class heavy users weighs only 160g. The lithium battery of the phone has a talk time of six hours and a standby time of 80 hours, a company release said. Priced at Rs 13,995, `E10' comes with a telephone book key which can store up to 25 entries and a keypad to prevent accidental operation. Seimens telecom is a 50:50 joint venture between Seimens and Bharati Telecom to manufacture telephone instruments.
Gail sets 40% growth target:
The state-owned Gas Authority of India Ltd (Gail) expects to achieve 40 per cent growth to take its turnover to Rs 7,000 crorein the 1998-99 fiscal, Gail chairman and managing director CR Prasad said. Prasad said this will help Gail to maintain its profit at Rs 1,000 crore specially as there would be a decline of almost Rs 400 crore in the marketing margin received from the gas pool account in the current year against receipts in the previous year. Gail also plans to invest about Rs 4,000 crore to Rs 5000 crore in the next five years to expand its gas pipeline infrastructure in the country, Prasad said.
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