Wednesday, June 30, 2010


VIJAYA BANK LAUNCHES ON LINE TRADING SERVICES.

Vijaya Bank, a Bangalore based Public Sector Bank launched On line Trading
services to their customers in association with IDBI Capital market Services Ltd.
This service is an integrated "Three in One" account,with Demat,Savings bank account with net banking facility and trading account.

The customers of Vijaya bank ,on Click of a button,can buy and sell the shares within the comfort of their homes with their PC's. While over 127 branches are designated as Depository participant branches,more such branches will be added shortly,says Mr.Albert Tauro,Chairman & Managing Director of Vijaya Bank.

Mr. Nagendra Bhatnagar, Mg.Director and CEO,IDBI Capital Market Services Ltd.,,Mr.Ravi Eashwaran,Head,Retail,IDBI Capital Market Services Ltd., and Ms.Shubhalakshmi Panse,Executive Director,Vijaya Bank also participated on the occassion.

Saturday, June 26, 2010




MAHINDRA AEROSPACE WELCOMES ITS PLANE,THE GA8-TC AIRVAN TO BENGALURU,AS IT CIRCUMNAVIGATES THE GLOBE.

The GA8-TC Airvan from GippsAero,one of Australia's most reputed aircraft producers and a part of mahindra Aerospace, landed in the garden city
Bengaluru.

the Airvan is on a multiple mission with its Australian pilots,Ken evers and Tim Pyrse took off in the single engine aircraft on May 8th from Bendigo,Australia
and will cover a total distance of 28,190 nautical miles befor returning to
Bendigo in July.Their mission is to raise USD i million for the noble cause of
increasing awareness about malaria.

Mr.Anand Mahindra,Vice chairman & Managing Director,Mhaindra group,Mr.Peter Forby, consul General Australia,in Mumbai and
Mr.S.V.Ranganath,chief secretary,Government of Karnataka
participated.

Friday, June 25, 2010


VIJAYA BANK SIGNS MOU WITH LIFE INSURANCE CORPORATION OF

INDIA FOR DISTRIBUTION OF LIFE INSURANCE PRODUCTS THROUGH

THEIR NETWORK OFBRANCHES ON REFERRAL BASIS.

Mr.A.K.Dasgupta,M.D,LIC handing over the MOU to

Mr,Albert Tauro,CMD,Vijaya Bank.

Thursday, June 24, 2010


CORPORATION BANK,a leading Public sector Bank signed agreement with 3i infotech to implement the world class authentication security solution provided by a licensed certifying authority under the Information Technology Act,to their corporate online banking customers.

Wednesday, June 23, 2010


LENOVO launched 12 youthful and zesty products in the consumer segment. The main attraction is the Z series note books-Lenovo Ideapad z460 and Lenovo ideapad Z560 that offer mainstream performace and multimedia features at affordable prices. in addition to the z series of PC's the new models included the top of the line multimedia notebooks Lenovo Ideapad Y460 and Lenovo ideapad Y560,the highly mobile and attractively designed notebooks Lenovo ideapad S10-3's 'Moon' and 'Wind',the super -efficient space saving desktop Lenovo H320,an entire slew of sleek and space efficient All in one PC's-Lenovo ideacentre A300,lenovo ieacentre B500,lenovo Ideacentre B300 and Lenovo C200.Thinkpad Edge (in 14" &15' display),Lenovo B460 and Lenovo V460. Their strategy is PROTECT the Strengths and ATTACK the oppurtunities.


Lenovo has major research centres in Yamato-japan,Beijing,Shanghai and Shenzen in China and Raleigh,North carolina. They also have a manufacturing facility in Pondicherry,in India.Their market share has increased from 4.2% last year to 7.2% this year.


Tuesday, June 22, 2010

RAIL & METRO BUSINESS GROW IN BEML.

BEML REGISTERED GROWTH OF 18% IN SALES AND POSTED A SALES OF Rs.3558 CRORES DURING THE YEAR 2009-10.

Rail and Metro Busines achieved a phenomenal growth of 114% and Defence business grew by 14%.

BEMLposted a Profit before tax of Rs.320 crores and wrapped up the year 2009-10 with an order book of Rs.5206 crores for 2010-11 and beyond.

The company has set a sales target of Rs.4200 crores for 2010-11 and Rs.5000 crores for 2011-12.

Addressing the media Mr.V.RS.natarajan said that the company has acquired the assets of MAMC along with consortium partners Coal India Ltd. and Damodar Valley corporation for diversifying into Underground mining equipment.The company has invested an amount of rs.100 crores to accquire the assets.The company will also be investing another Rs.200 crores as equity in the JV company.

BEML's share holdings is as follows: Government:56%,Indian Public & others:44%,of which FII"s hold 13%. The company has declared a dividend of 1005 for the year 2009-10.




Monday, June 7, 2010

FUTURE GROUP LAUNCHES JOHN MILLER DEODARANT.


The Perfume comes in three fragrances ; Power Play,Flirt and Dark Night.

Friday, June 4, 2010

Karnataka launches High Pitch Campaign for Investment.

The Global investor's Meet showcasing karnataka's favourable
Industrial Policies,Natural Resources,Large talent pool,reputed
Scientific and Research institutions got off to a roaring start. The
Industry leaders comprising of Mr.Lakshmi Mittal,Mr,Kumarmangalam
Birla,Mr.Venu srinivasan,Mr.Shashi Ruia,Mr.Vijay Mallya,Mr.Azim
Premji Mr.Kris Gopalakrishnan and others heaped praises on the
Chief Minister Mr.B.S.Yediyurappa for his pro development and
pro investment Policies.

A detailed Report on Global investors meet and the MOU's signed
follows.

BUILDING SECURE CITIES IN TROUBLED TIMES.

Security watch India in association with Indianeye Security and CSARN & Bangalore Chambers of Industry & Commerce organised a conference on Building Secure Cities in Troubled Times recently in Bangalore.
This seminar was timely and leading personalities like the Police commissioner,Bangalore Mr.Shyam Ratan Mehra, Former
Secretary,GOI ,Ms.Jija Madhavan hari Singh,Commandant General
Home Guards, Mr.B.Raman, Director,Institute for Topical studies,
Mr.Laxman Badiga,CIO.WIPRO,Ms.Gulveen Somal,MD, Indianeye
security Pvt.Ltd. and manyInternational Speakers along with
Mr.Maroof Raza,Defence Analyst & Senior Advisor,Security watch India spoke on the occassion.

The Theme of the seminar was ' How safe are our cities' and
Security Challenges to life of the Citizens and to critical infrastructure assets like Airports,Railways,Ports, Refineries and other very important installations. The speakers also presented various strategies to successfully over come them.
VIJAYA BANK SIGNS MOU WITH UNITED INDIA INSURANCE CO.LTD FOR DISTRIBUTION OF GENERAL INSURANCE PRODUCTS THROUGH THEIR LARGE NETWORK OF BRANCHES AND PAN INDIA PRESENCE.


Mr.Albert Tauro,CMD,Vijaya Bank and Mr.G.Srinivasan,CMD United India Insurance Co.Ltd,exchanging the MOU signed by them.


Ms.subhalakshmi Panse,ED,Vijaya Bank and Mr.K. Sanat kumar,GM,United Insurance Co.Ltd. were also present.