Moving Picture Company India Ltd

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Manufacturers betting big on slim CRT TV

Manufacturers betting big on slim CRT TV The focus is back on the cathode ray picture tube (CRT) in the television manufacturing segment. Manufacturers are now betting big on an emerging segment known in TV circles as the "slim" CRT TV version. The CRT category is of three types: curved, flat and slim. Production had initially started off with the curved version years back. In the last eight years, the preference in the marketplace has shifted from the curved to the flat picture tubes, hi the last one year or so, technology improvements have led to the emergence of the slim

Lenovo makes O&M B’lore global ad hub

Lenovo makes O&M B'lore global ad hub IN A global first, PC manufacturer Lenovo is moving its entire international advertising portfolio to WPP Group agency Ogilvy & Mather's Bangalore branch. Account planning, servicing and creative will all be now handled out of the Bangalore hub, which will work closely with other O&M branches across the world to customize advertising for different regions. The Lenovo Hub, as it's called, has been on a test run over the past week or so and has been fully operational since June 1. The team in the hub will work on global print, television as well as

Ramadorai to say Tata in styled Retains House & Compensation Based On Last Pay

Ramadorai to say Tata in styled Retains House & Compensation Based On Last Pay TATA Consultancy Services (TCS), which boasts of one of the lowest IT industry attrition rates and the least management churn, has proposed a retirement plan under which CEO and MD S. Ramadorai will continue to draw a monthly compensation based on his last salary. The company will also provide Mr. Ramadorai residential accommodation. Mr. Ramadorai's current remuneration is around Rs 3 crore per annum. This includes benefits, perquisites and allowances but not provisions such as gratuity and health insurance premium. A bulk of his compensation comes

Travel sites shift focus to forex & holidays

Travel sites shift focus to forex & holidays With the USP of best air fare losing ground in the online space, travel portals are increasing the range of non-air products like value holiday packages, discounted hotel deals, weekend breaks, foreign exchange and visa processing. Travel websites are aggressively promoting complete travel solutions rather than discounted air fare. "Air tickets are being commoditized in the online space. We are becoming mere distributor where the brand of airline is a consideration and not the website. So it is more rewarding to offer better hotel rates and holiday packages," says Deep Kalra, CEO of makemytrip.com.

CENTRAL BANK OF INDIA REVISED INTEREST RATES ON NRE & FCNR - B DEPOSITS Central Bank of India has revised upward interest rates on NRE and Foreign Currency Non-Resident (B) deposits across all maturities, with effect from 1st June 2007. Interest rates on NRE Time Deposit has been revised one year to less than two years to 5.39 per cent from 5.30 per cent, for two years to less than three years to 5.32 per cent from 5.06 per cent and for three years to 5.30 per cent from 5.01 per cent. Interest rates on FCNR-B deposit in USD are also revised upward to 4.64 per cent for one year to less than two years from 4.55 per cent, 4.57 per cent for two years to less than three years from 4.31 per cent, 4.55 per cent for three years to less than four years from 4.26 per cent, 4.55 per cent for four years to less than five years from 4.26 per cent and 4.57 per cent for five years from 4.29 percent.

Bisleri sells Maaza brand for global markets to bottlers Group Shuts International Operations Headquartered In New York THE Bisleri group (Park Exports)-promoted soft drinks company, Maaza Beverages, has sold the trademark rights of Maaza for the international markets to its bottlers, Infra Beverages in Europe and House of Spice in the US for a substantial undisclosed sum. The group has also shut down the international operations headquartered in New York, Coca-Cola, which owns the trademark in India, is believed to have been interested in buying the rights for the international markets but failed to clinch the deal. "The operation abroad was largely dependent on

Suzuki plans global purchase office here

Suzuki plans global purchase office here AFTER decades-long presence in India through Maruti Udyog, Suzuki Motor Corporation is setting up a worldwide purchase office in India. It thus joins a large and growing list of multinational corporations setting up such purchase offices, variously called international purchase offices {IPOs) or worldwide purchasing (WWP) offices in India targeting the multi-billion dollar opportunity of out-sourced production. MUL held a meeting with some of its Indian vendors in Kuala Lumpur early May, for these manufacturers to be part of Suzuki's global sourcing programme. "Suzuki has just begun global sourcing and some Indian vendors could be part