Arvind Mills, India's largest denim manufacturer, plans to expand its manufacturing facilities to Sri Lanka and South Africa over the next 3-4 years. The company will finance this expansion through internal funds and revenue from real estate development projects on its 600 acres of surplus land in Gujarat.
The Department of Telecommunications refused Tata Teleservices' request to alter the manner of spectrum allocation. No additional spectrum is currently available in Delhi and future allocations will depend on the Telecom Commission's decision on allotment methods.
Apple faces challenges in transitioning to cloud-based services with the launch of its new Macbook Air laptop. Its MobileMe service had issues and remains expensive compared to competitors. Apple
2. Arvind Mills to set up manufacturing
facilities in Sri Lanka, South Africa
• ARVIND Mills, the country’s largest denim manufacturer, is looking to set
up facilities in Sri Lanka and South Africa to expand its manufacturing
reach and and retail presence in India and abroad, over three to four years.
Arvind, in association with Bangladesh conglomerate Nitol-Niloy group,
is building a denim manufacturing facility for 250 crore near Dhaka.
• The company will finance its expansion plan mainly through internal
accruals. It has 600 acres of surplus land in Gujarat, where the company is
developing real estate projects. “The revenue income from the real
3. TATA Tea Plea on 2G refused
• The department of telecommunications (DoT) has
refused the Tata Teleservices request to alter the manner
of spectrum allotment.
• The DoT has also said that there was no spectrum
available currently in Delhi and the company’s request
for GSM spectrum would be decided only after the
telecom commission took a view on the manner to allot
the additional 2G spectrum.
4. Apple looks at new computing era
through Macbook Air
•
Apple has a lot at stake with its move to this new era of computing. The
disastrous launch of MobileMe, which offers online storage and syncing
between devices, was one of the company’s biggest flops of the past few
years. Although the service works relatively well now, it’s still very
expensive, priced at $100 a year, and the iDisk storage software is much
slower than third-party products like ZumoCast and Box.net .
• Apple is also up against Google , a company that has essentially grown up in
the cloud and built a number of successful services for this next era of
software. None of this is news to Steve Jobs.
5. BlackBerry meets its desi match;
BharatBerry to deliver more
• IT firm and maker of BharatBerry — the Indian version of
BlackBerry services — Data Infosys is in talks with handset makers,
including Huawei and Micromax , for providing internet and
enterprise services on all smart phones.
• Data Infosys chief executive officer Ajay Data told ETthat Bharat
Berry provides over-the-air (OTA) synchronisation of calendar,
contacts, email and task note. “While in BlackBerry, push mails are
not saved in the sent items or inbox of email account, Bharat Berry
synchronises the mails and they are saved in the account folder and
servers.