Kingfisher to plan for Charter Service

The owner of Kingfisher Airlines, Vijaya Malya has planned to use its a-330s and A-340s, to be deployed on international routes. These aircrafts are yet not with him but will join its fleet by this month-end. For this to come into action the discussions with large travel houses are going on. Before this the plan was to use the three A-330s wide-bodied aircraft on domestic routes. The routes are like Bangalore-Delhi. This is not very long in real terms.
But the main hurdle in the process is that while using A-330 on domestic flights would need to park this plan on international terminal side where both the passengers as well the baggage will have to be taken over the long distance between international and digestive side. This is not feasible and would not suit to travellers.
Although the plan seems to be fascinating, the 215 seater aircraft would be cost effective if used for continuously for 10 hour flights like India-Europe. This is the case of 215 seater but the 250 seater aircrafts are also there who can fly non stop for 19.5 hours as per officials on routes like India-US. Apart from this the plans for using these aircrafts for commercial training and charters is also in the process.
Apart from foreign airlines the Kingfisher had also planned to offer its charter services to other carriers also like Air India but only found few interested ones as the former is planning to offer services for few two to three months only.

Bahrain telcos interest in Indian telcos

The Bahrain Telecommunications Co, is planning to buy a stack in and Indian wireless field. For this to move further the talks are going on with four companies. The CEO of the Bahrain Telecommunications, Peter Kaliaropoulos confirmed the news and said “They are all listed companies. It’s a natural growth opportunity for us to pursue relations with those companies. Most likely we will buy into existing operation.
The other rivals and competititor of Bahrain telcos in its own company are Etisalat, Zain which is Kuwait’s largest telecommunications company, Qatar Telecommunications etc. Like these big companies in the country, the Bahran telcos also decided to expand its business outside the country.

Hurdles in MTN’s merger in Bharti Airtel

In the process of Bharti Airtel acquisition of MTN, a new hurdle has come. According to Indian regulatory rule foreign holding in a telecom company could not exceed 74%. As per sources MTN wants 50% of the deal should be done in cash and the rest through share-swap. In case Bharti pays $25 billion cash, it will have to issue fresh shares worth $25 billion to MTN shareholders to complete the deal. Bharti holds around 65% of the holding with foreign entities. If Bharti does the insurance of its fresh shares worth $25 billion to MTN’s shareholders then it will exceed the foreign holding in the join entity to 78% which is not against the Indian FDI norms
The merging is also facing a problem other than the above. As per African norms 20% of merged entity’s shareholding should be with black investors. But in this merger if cash component exceeds then proportion of black investors might go doen below statutory requirements.
The historic deal between Bharti and MTN is now in the hands of banker who can only make it ensure that the deal goes through without violating regulatory norms.

Bharti opts for Full take over

India’s largest mobile operator, Bharti Airtel, has opted for a full fledged take over of South African telecom giant MTV. If this happens than it would make Bharti the world’s sixth largest mobile operator, boasting over 130 million subscribers.
The market is filled with rumours for the dates when this will happened. Some say it will be on May 17, the World Telecom Day, while others offered May 23 as an acquisition date which is the birthday of Bharti boss Sunil Mittal. Mittle’s driving licence and mobile phone numbers have “23” figures so the take over could happen on 23 also. Whatever are the dates but when ever it happens, it will create a history in Indian telecommunications. The MTV is asking for $50 billion while Bharti is reportedly willing to go upto $45 billion.

Airtel ties up with Apple for iphone

India’s largest company in telecommunication has announced a tie-up With US based Apple Inc to bring the popular GSM-based iphone in the country.
According to reliable sources, Airtel may start offering iphones around Diwali festival to its over 65 million GSM-based subscribers. The telco said in a statement, “ Bharti Airtel has signed a deal with Apple to bring the iphone to India later this year”.
The ties-up between the duo will be beneficial for the consumers who can now avail the products from legal channels and avoid opting for the grey market.

Ranbaxy Drug Deal With Merck

Ranbaxy has signed a deal with the US based Merck for drugs discovery and clinical development in aniti-infective drugs.
The two big companies willwork togetherto develop clinically validated anti-bacterial dn anti-fungal drug candidates. Ranbaxy will carry out developments in the discovery and clinical through Phase IIa clinical trials while Merck will conduct development and commercialization of drug candidates after that. The collaboration will begin with an initial term of five years and can be extended further with mutual

BT To Seek HP

British Telecom is in a talk to sell its British data centres to Hewlett-Packard for $1.5 billion in a deal that will significantly deepen its tiers with the American computer giant. The company is concentrating its global services division on simplifying networks for corporate customers.

Maruti Swift Record Break Success

India’s number one carmaker Maruti Suzuki’s success with Swift has sold two lakh units. In this way this car has become one of the fastest selling models in India since its three years of launch. The car was launched in 2005.

Technology To Buy Power From Plant

The news is of India’s NRI City Gurgaon. Meeting 75% of Gurgaon’s need of electricity has become and headache of the Haryana Electricity authorities. To meet up this many bulk consumers in gurgaon are now seeking a new option of buying electricity direct from plants through power traders.
According to calculations, daily business in the sector could grow to Rs 2 crore in just Gurgaon and Faridabad. So seeing this upcoming business in the future these units are seeking such direct deals at the behest of Haryana Vidyut Prasaran Nigam.
The fees charged will also be very nominal for this. Apart from the industrial units and factories, apartments and societies can also avail this facility of power consumption directly form the plant. But for this their power consumption should be more than 1 MW. Any power plant with surplus electricity can be directly tapped by societies and RWA’s.
If this technique of harnessing power comes into effect then most of the problems in this sector can get reduced.

Foolproof ID Profiling Technology

With increasing awareness of security and identity theft, organisations would like to map individuals uniquely. For this a latest technology of palm vein has been launched in the market. This is a highly secure biometric authentication system which verifies an individual’s identity by recognising the pattern if veins in the palm. Each person has different pattern of the veins in the hand. So this technique can be used in detecting the steal, theft or any robbery.

The technology can be used in:
(1) Banks and ATMs
(2) Airports
(3) Public Transport
(4) Prisons
(5) Hospital
(6) Educational Institutions
Advantages of using this Technology over other methods of detection:
(1) It is based on palm vein reading which genuine method is.
(2) It is highly accurate method.
(3) It is hygienic etc.

Skods'a Small Cars in India

Czech Automobiles giant Skoda is planning to launch five e new launches in India. The launching also involves its global small car that will be debut next year I.e. 2009.Thomas Skoda who is the board member of Skoda Auto India, said “We will launch a compact car in the Rs 3 Lakh to Rs. 5 Lakh segment, below our existing small car segments.”
For Skoda, India will be a key focus market. In the next 5 years it plans to sell 100,000 units, up from the current figures of 13,000 units.

Microsoft Deal Collapses With Yahoo

Microsoft Corp CEO Bill Gates announced that it will focus on growing its own advertising and Internet search business. This was announces after when Microsoft withdrew its takeover offer for Yahoo Inc.
The major dominant competitor of Microsoft Corp. in the internet business is Google Inc. Bill Gates has yet not made any strategy to compete with the later. This is a point of speculation for the world who is wondering how Microsoft would enter into this biggest market of internet worth multi billion dollars. Without any established tie-up. Although Microsoft has itself developed its own search engine-ad platform and bought aQuantive, an internet based company, for $6 billion, but its US online operations are losing money. The company has captured only 10% of US internet searches compared to Google’s 58% and yahoo‘s 22%.