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Global Outlook eyes Rs 25cr from India
Global Outlook, a white label hosted Microsoft Exchange and collaboration services provider with its data centres in Hyderabad and Dallas in the US, is targeting to achieve Rs 25 crore revenues from the Indian market by the end of this calendar year, according to its executive chairman Dayakar Puskoor.

60% drop in Pune mall footfalls
Hotels and retail stores in Pune have seen their sales drop 50 per cent. “We have seen a 60 per cent drop in the number of visitors and around 50 per cent in our total sales. We have sales of around Rs 3 lakh per day. So, over a week’s time we expect a drop of Rs 20 lakh to Rs 25 lakh in our collections,” said Srinivas Rao, regional sales manager, Provogue Studio.

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Firms may seek compensation if spectrum delayed: DoT
With no clarity on availability of third-generation (3G) mobile spectrum, the government is considering, among others, restricting the number of private players to just two to avoid a situation where it would need to pay damages to operators.
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Maruti to partly shift car prod from Gurgaon to Manesar

The country"s biggest car maker Maruti Suzuki India today said it would shift some of its car production from its Gurgaon plant to the new facility at Manesar in a phased manner. - Maruti posts 48% growth - Toyota mulls price hike of Corolla Altis, Innova - Fiat aims to sale 50,000 units in next fiscal - Maruti mulls capacity hike at Manesar - Maruti mulls capacity expansion at Manesar - Maruti surges on good sales "The Gurgaon plant will be gradually changed to a base for engine assembly and machining, while automobile assembly will be integrated at Manesar plant," the company said in a statement. It, however did not specify production of which of the models would be shifted from the plant. The Gurgaon plant produces mainly M800, Omni, Versa and Gypsy. The company has a production capacity of 6.2 lakh units at its three plants in Gurgaon producing other models, including Alto, Wagon R, Estilo, Ritz, and Gypsy. The Manesar facility of the company, which manufactures A-Star, SX4, Swift and Swift DZiRE, has a capacity of three lakh units a year. The decision to shift production was taken during Suzuki Motor Corp"s Chairman and Suzuki"s CEO visit to India to attend MSI"s annual general meeting, it said. MSI had scaled up its overall production capacity to one million units this year from the two facilities at Gurgaon and Manesar.The Gurgaon Plant was constructed in early 1970’s and had been refurbished and modified before Maruti Udyog began production in 1983.


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