Et news manminder


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Et news manminder

  1. 1. Manminder Singh MBA 2C
  2. 2.  The much-awaited mobile number portability (MNP) service that allows subscribers to change operators but retain the mobile number will be available from November, Union minister for communications A Raja said .  The official announcement of MNP availability will be made on November 1, followed by a first phase rollout in 11 circles in north and west India from third week of November.
  3. 3.  Implementation of MNP has been delayed considerably over the last few months.  The initial deadline of January 1, 2010 has been extended many times with the latest being October 31.  Apart from inadequate infrastructure from service providers’ end, Foreign Investment Promotion Board’s rejection of MNP Interconnection Telecom Solutions, the second company chosen by DoT, has added to the delay.
  4. 4.  MNP Interconnection Telecom Solutions is a 74:26 joint venture between US-based Telcordia and Deepak Talwar Consultants. FIPB had rejected the licence after ministry of home affairs objected on the grounds that the company had operations in Pakistan
  5. 5.  After 13 years of its first attempt to enter the Indian two-wheeler market through a joint venture with the Hero Group, BMW revealed plans to launch BMW Motorrad.  The German luxury carmaker will start selling the flagship S 1000 RR as well as the R and K series models in December with prices expected to start from 18 lakh.
  6. 6.  Barton Biggs warned of a US stock-market bubble as early as January 1997.  Stayed bearish for most of the following three years as the Standard & Poor’s 500 Index surged more than 90% to a record.  A decade later, Biggs says another bubble is beginning in emerging market shares.  This time, he’s bullish
  7. 7.  Hinduja Group flagship firm Ashok Leyland on Monday said it has tied up with Himachal Gramin Bank to provide customers with finance options for buying commercial vehicles.  Ashok Leyland and Himachal Gramin Bank (HGB) executed a Memorandum of Understanding on Friday in Mandi, Himachal Pradesh, which offers Ashok Leyland's customers very attractive terms for financing commercial vehicles, Ashok Leyland said in a statement.
  8. 8.  Ashok Leyland has in the past tied up with several public sector banks. Mandi-based HGB with a network of 123 branches, is the latest public sector bank with whom Ashok Leyland has inked an agreement.