Dalal Street

Satyam Computer Services has informed us that the company will be setting up a Process Manufacturing Innovation Center of Excellence (PROMICE) at Hyderabad to help process manufacturing companies fully exploit advances in information technology – especially in the areas of product & process innovation – to achieve new levels of sustainable competitive advantage.

The Hyderabad PROMICE will feature latest technology infrastructure and highly qualified technology & domain experts. It will have virtually simulated factories for each of major 10 process industry verticals viz. metals & mining, building materials pulp & paper, textiles, food & beverages, leather, plastics, rubber, chemicals, and pharmaceuticals.

The company’s process manufacturing innovation center of excellence will create solutions and intellectual property through a new facility to be set in Hyderabad. This will provide exceptional business value to its global customers, while enhancing the organization’s competency in its process manufacturing business unit. Hyderabad provides a perfect setting for industry and institutes to come forward to collaboratively develop IT-based solutions for the process manufacturing industry.

Gamma Infoway Exalt in a fax message has informed us that the company has ventured into IT – systems and network integration sector. The company also provides higher-end network training program all over India with more than 25 centers. Expected annual income from franchisee for first year is Rs 10,04,40,000. Annual revenue generated from systems & network integration for financial year 2008-09 is Rs 26,40,00,000. Total revenue generated for financial yrear 2009-09 expected to be Rs 36,44,40,000. In the year 2008 the company also plans to launch banking call centre. The company is already under talks with major financial & banking institutions.

India’s leading infrastructure company, Nagarjuna Construction Company has secured two new orders aggregating Rs 307 crore.

The first order valued at Rs 230 crore is secured from the Dakshin Haryana Bijli Nigam (DHBNL), Haiyana for an EPC contract on turnkey basis comprising of supply of material and erection of new 11 KV single circuit lines providing HVDS in Hisar, Haryana State, to be completed over a period of 12 months. The second order is from Thane Municipal Corporation, Than, Maharashtra for water supply scheme valued at Rs 77 crore to be completed over a period of 27 months.