TNM

Three novel phones launched by Nokia

NokiaOn Thursday three latest cellphone models were launched by Nokia, among which the successor to its slim hit model Nokia 6300 is also included.

In the second quarter of this year, Nokia will come out with its 6700 classic with a price tag of 235 euros ($307.4) when excluding subsidies and taxes, which is the follow up of the Nokia 6300 that was among Nokia's top sellers for many quarters.

The features of this model will include a 5-megapixel camera and GPS navigation with Nokia Maps.

Whopping $250 mn Kuwait project won by Kalpataru

Kalpataru It was confirmed by Kalpataru Power Transmission on Thursday that it has acquired an order

Tilaiya project bagged by Reliance Power

Tilaiya project bagged by Reliance Power The Tilaiya ultra mega power project (UMPP) in Jharkhand has been acquired by Reliance by proposing to supply power at Rs 1.77 per unit, which is the lowest price quoted by the four companies in the fray.

The government owned NTPC was the one to come with the next bid for the Rs 16,000-18,000-crore project that assured to provide power from the pithead coal project at Rs 2.39 per unit.

Jindal Steel and Power and Sterlite Industries were other two bidders. The former offered to supply power at Rs 2.69 per unit whereas latter bid the highest at Rs 2.97 per unit.

Ashok Leyland posts 83 per cent decline in net profit for Q3

Ashok Leyland posts 83 per cent decline in net profit for Q3Chennai-based commercial vehicle manufacturer and Hinduja Group owned company, Ashok Leyland announced financial results for the third quarter of current financial year.

The company, under the impact of lower sales due to economic slowdown, posted decline of 82.64 per cent in net profit for the Q3 ended December, 2008. It stood at just Rs 21.09 crore in the reporting quarter as compared to Rs 121.49 crore during the same quarter last year.

Vertu launches new Signature Phone

Vertu launches new Signature PhoneThe leading luxury mobile phones manufacturer Vertu launched new mobile phone, the Vertu Signature, available at Vertu boutiques and many leading watch, jewellery and department stores worldwide.

At the product launch ceremony, President of Vertu, Alberto Torres said, 'We are delighted to present our new Signature collection, here in Paris. Especially, since we launched our first ever phone in this beautiful city, back in 2002. '

OMCs asked Kingfisher to clear dues

OMCs asked Kingfisher to clear dues Oil Marketing Companies (OMCs) have threatened to stop supply of aviation turbine fuel (ATF) to Kingfisher Airlines by midnight, in case, the carrier remains fail to clear its dues worth Rs 158 crore.

It should be recalled that oil marketing companies have already decided to supply ATF to private carriers Kingfisher and Jet Airways on 'cash and carry basis' from January 27. These carriers have been found defaulter of non-payment of oil dues for October 22 to October 31, even after crossing of 90-day credit period.

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