THE TRIBUNE SPECIALS
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TERCENTENARY CELEBRATIONS
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PEDA signs pumping set deal with BHEL
Chandigarh, April 21
Enthused by the response of the farmers to the highly efficient solar-powered tubewells, the Punjab Energy Development Agency (PEDA) has chalked out another major plan to provide cheap and sustainable source of energy to the farmers.

PSEB- PTC power pact
Patiala, April 21
The Punjab State Electricity Board (PSEB) has today signed memoranda of understanding (MoUs) with Power Trading Corporation (PTC) for purchase of power on long-term basis for 12 years. To meet the growing demand of power in the state, PSEB would purchase power from 450 MW Baglihar Hydro project in Jammu and Kashmir and 22.5 MW Bhilangana Hydro Project in Uttaranchal.

Pro-outsourcing lobby gets active
New Delhi, April 21
The US Chamber of Commerce, the largest business federation in the world representing three million companies and American chambers of commerce abroad, is opposing the move of politicians to enact laws against outsourcing.

Please do vote, CII to urge via cellphones
New Delhi, April 21
Not just the political parties but the corporate sector has also joined the bandwagon in sending election message to customers.

FCI plans ISO certification
Chandigarh, April 21
Winds of change have begun to blow through the corridors of Food Corporation of India (FCI), thanks to the liberalisation of the economy and the changing market conditions in the country.
Indian models display RayBan sunglasses during a fashion show in New Delhi on Wednesday.

RayBan prices to remain a shade higher
New Delhi, April 21
RayBan Sun Optics India Ltd has affirmed that it will maintain the ‘premium tag’ on its sunglasses and won’t go in for price cuts to get mass volumes even as it eyes a 20 per cent growth in sales turnover this calendar year to Rs 48 crore.



Indian models display RayBan sunglasses during a fashion show in New Delhi on Wednesday. — AFP photo


Mr Robert Polet, an executive of the Dutch food group Unilever, who has been named chairman of the luxury fashion group Gucci, where he is to replace Domenico de Sole.
Mr Robert Polet, an executive of the Dutch food group Unilever, who has been named chairman of the luxury fashion group Gucci, where he is to replace Domenico de Sole. — AFP

EARLIER STORIES

Tax collection grows 18 pc
April 21, 2004
Tractor firms leave villages, explore cities
April 20, 2004
Levi Strauss targets 25 per cent growth
April 19, 2004
Birlasoft targets hospitals with eMedicare software
April 18
, 2004
Wipro, too, joins the billion-dollar party
April 17, 2004
India’s economic growth may slide down to 6.3 pc
April 16, 2004
Fulfil promises, garment exporters to Chautala
April 15, 2004
Infosys becomes a billion dollar company
April 14, 2004
Industrial production jumps high in February
April 13, 2004
Luminous battery-makers coming to Baddi soon
April 12, 2004
India may attract $1 b fresh FDI, says Ernst & Young
April 11, 2004
  Closure of transit stations piques traders
Solan, April 21
The new policy of the railways to close transit stations has adversely affected the small traders who used the facility to transport their produce to various destinations across the country. The railways, which earlier booked parcels for destinations all over the country, have now been directed to restrict it only to those stations where direct trains were available from the booking stations.

Microsoft banks on e-governance in India
New Delhi, April 21
Microsoft Corporation is expecting that the e-governance initiatives in India will provide the perfect platform for its localisation programmes and products such as Office Hindi.

Patni plans knowledge park
Mumbai, April 21
Patni Computer Systems Ltd today announced plans to set up Patni Knowledge Park at Airoli in Navi Mumbai to meet its long term needs of software development space in the metropolis.
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PEDA signs pumping set deal with BHEL
Poonam Batth
Tribune News Service

Chandigarh, April 21
Enthused by the response of the farmers to the highly efficient solar-powered tubewells, the Punjab Energy Development Agency (PEDA) has chalked out another major plan to provide cheap and sustainable source of energy to the farmers.

According to available information, PEDA, a nodal agency for promotion and development of non-conventional energy sources, has signed one of its biggest-ever contract with engineering major, Bharat Heavy Electrical Limited (BHEL) for supplying 700 solar-powered water pumping sets at a cost of Rs 18.76 crore by July 2004. The company would also be responsible for the installation, commissioning and after-sales service of these pumping systems. Nearly 1,700 such pumps have already been installed during the past three years.

The state government has plans to set up 1 lakh such pumps in the state over the next 10 years. To begin with, it is targeting farmers with small land holdings and small pumping sets. But it is hopeful that progressive farmers will also in due course of time go in for these to replace their diesel -operated or small capacity electric pumps for irrigation purposes. These environment-friendly pumps will be used for the purpose of pumping water in view of the growing demand for power as well as to reduce the usage of conventional diesel fuel in the agriculture sector.

The figures available reveal that 1 lakh farmers in the state have only diesel engine pumping sets. Of the total 10 lakh farmers using pumping sets for irrigation, approx 9.5 lakh use those driven by electric power. However, most of them do have a stand-by diesel engine pumping set, which comes in handy when the supply of power is erratic.

Giving details, director of PEDA, Mr S.S Sekhon said the easy to operate pumps which do not require electricity and run on the power generated by converting sunlight into electricity are indeed a boon for the farmers. They operate on a photovoltaic array of 1,800 watts capacity that runs two HP direct current mono-block pump set converting solar energy directly into electricity. Each silicon cell in the panel can produce 37 watts. the solar energy generated by these cells is stored and can be directly converted into DC electricity required for the pumping system . These pumps lift water up to 12 meters and are very effective in those blocks and districts where water table is below 10 metres.

The cost of a 2 HP solar pump, suitable for drawing water from open wells, borewells and ponds etc is Rs 2.76 lakh, including charges for ``trouble-free’’ operation lasting five years. PEDA, by giving the entire contract to one manufacturer, has ensured that a farmer does not pay more than Rs 65,000 for the installation of the pump on a leasehold basis. In contrast, the cos of installing a diesel engine operated pumping set is Rs 68,700. This is despite the reduction in subsidy being offered by the central government through the Ministry of non-conventional energy sources) , IREDA ( Indian renewable energy development agency) and the state.
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PSEB- PTC power pact
Our Correspondent

Patiala, April 21
The Punjab State Electricity Board (PSEB) has today signed memoranda of understanding (MoUs) with Power Trading Corporation (PTC) for purchase of power on long-term basis for 12 years. To meet the growing demand of power in the state, PSEB would purchase power from 450 MW Baglihar Hydro project in Jammu and Kashmir and 22.5 MW Bhilangana Hydro Project in Uttaranchal.

This was stated in an official release issued here today. The release further said that MoUs were signed between the Chairman PSEB Y.S Ratra and Director, Business Development, Power Trading Corporation, Mr Mohinder Kumar .

Mr Ratra said that the requirement of Punjab is maximum during the months of May to October that are high-energy demands months for agriculture requirements. He further said that power would cost Rs 2.80 per unit from Baglihar Hydro Project and Rs 2.25 per unit from Bhilangana power projects including transmission charges. These projects are likely to be commissioned by March 2006.
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Pro-outsourcing lobby gets active
Tribune News Service

New Delhi, April 21
The US Chamber of Commerce, the largest business federation in the world representing three million companies and American chambers of commerce abroad, is opposing the move of politicians to enact laws against outsourcing.

Over 80 Bills have so far been introduced in about 30 states in the USA to punish companies who outsource to India and other countries, but the chamber has successfully lobbied against them, with the result that virtually all of them have fallen in the legislature, said Mr Thomas J. Donobue, president and CEO of the US Chamber of Commerce here today.

Speaking at a meeting on ‘Piracy and Brand Protection: India-US Collaboration,’ he said, “backlash against business process outsourcing is not based not on facts but emotions, and in some cases on politics.”

Declaring that “business should stop apologising” for providing Americans with 130 million jobs, retirement benefits for 90 million and health care for 177 million, Mr Donohue and the Chamber are rallying companies of all sizes around the major challenges including outsourcing and labour issues that will shape America’s future.

He asserted that the Chamber of Commerce of the United States was leading the fight for its companies “the freedom and flexibility to source and trade around the world. We are doing so because it is good for the American economy and American jobs.”

In fact, after an extensive investigation, he said, the Chamber had discovered that no one was certain how many service jobs had been moved to India and other countries. Rather, insourcing, along with America’s openness to the world economy had created large number of jobs, much higher than loss of jobs.

The US Chamber was working hard, he said, to create awareness among politicians and people on the issue of outsourcing. It was making success to a great extent.

Referring the benefits of outsourcing to the US economy, Mr Donohue said,” the outsourcing has helped many US companies turn their attention to invest in new products and create new and better jobs at home. It has strengthened their bottom lines, boosting their earnings.”
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Please do vote, CII to urge via cellphones
Tribune News Service

New Delhi, April 21
Not just the political parties but the corporate sector has also joined the bandwagon in sending election message to customers.

But this would be with a difference. A message of social responsibility for the corporate sector.

The CII has joined hands with the Election Commission (EC) in bringing awareness about the needs to exercise one’s franchise.

In this direction the CII has approached Cellular Operators Association of India (COAI) to request all cellular operators to send SMS to their 35 million consumers, on respective polling days, urging them to exercise their right to vote.

The first SMS in the morning would be “please exercise your right to vote” and the second SMS in the afternoon would read “have your exercised your right to vote.”

The apex chamber also announced the setting up of round-the-clock voter helplines and setting up touch screens at strategic spots to educate voters about their right to franchise.
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FCI plans ISO certification
Tribune News Service

Chandigarh, April 21
Winds of change have begun to blow through the corridors of Food Corporation of India (FCI), thanks to the liberalisation of the economy and the changing market conditions in the country.

The FCI is now thinking in terms of cutting down losses, increasing operational efficiency and planning long-term strategies for the country’s food security. The corporation is in the process of acquiring an ISO 9001: 2000 certification to ensure qualitative improvement in all its systems while ensuring more transparency and credibility in the market place.

According to the Union Food Secretary, Mr S. K. Tuteja, with the weatherman predicting a nearly normal monsoon and with hopes of reaping a rich winter harvest, the role of FCI and other state agencies acquires a new dimension. While meeting the short-term targets of fulfilling the requirement of PDS etc, the FCI can embark upon long term strategic planning to beef up the buffer and use the same for ensuring sustainable food security in the country. A number of new initiatives are also on the anvil by the FCI to bring about greater efficiency in its operations to remain globally competitive.

The new thrust areas include various strategic moves by the FCI to mobilise resources by accessing the capital market, better debt servicing and securitisation of its borrowings.

The new initiatives include positioning of a state-of-the-art management information system to access real time online information for effective decision support. Insurance of food grains in storage and transit to further curb losses is at advanced stage. Alternative system of transport, supplementary to the Railways through Container Corporation of India and the river route through the Central Inland Water Transport Corporation of India (CIWTC).
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RayBan prices to remain a shade higher

New Delhi, April 21
RayBan Sun Optics India Ltd has affirmed that it will maintain the ‘premium tag’ on its sunglasses and won’t go in for price cuts to get mass volumes even as it eyes a 20 per cent growth in sales turnover this calendar year to Rs 48 crore.

“We want to position our products in the premium category and won’t be going in for price cuts as it dents our high-brand value,” RayBan Sun Optics India Managing Director Harsh Chopra said after the company unveiled its new collection for the year 2004.

Prices of RayBan sunglasses had been brought down below Rs 1,000 just before the company was taken over by the Luxottica Group of Italy in October 2000.

However, Mr Chopra said that the price cut had not helped the brand and, in fact, made a dent into the company’s image.

“We believe that price cuts will not help the company much and thus would like to maintain the middle to high level prices we have,” Mr Chopra said.

The company, which offers a variety of brands along with the flagship RayBan, sold close to 1.8 lakh units last year and plans to make further inroads in to the Indian market to get in higher numbers.

“Our long-term plan for the Indian market includes strengthening the marketing and distribution network and augmenting the product portfolio,” the company’s National Sales Manager Fabio Lupi said.

Mr Lupi said the sunglass market was witnessing healthy growth, though established branded companies like RayBan still faced erosion in sales due to counterfeit products.

The company today unveiled over 140 new models across five brands: RayBan, Vogue, Killer Loop, Luxottica and Sferoflex. — UNI
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Closure of transit stations piques traders
Our Correspondent

Solan, April 21
The new policy of the railways to close transit stations has adversely affected the small traders who used the facility to transport their produce to various destinations across the country. The railways, which earlier booked parcels for destinations all over the country, have now been directed to restrict it only to those stations where direct trains were available from the booking stations.

Small entrepreneurs, who often sent products like medicines, fresh vegetables and fruits produced locally have to now depend on alternative modes of transportation. With the railways having slashed its parcel tariff some time back, it was a cheap mode of transporting goods, felt the traders. With no direct trains for Amritsar, Pathankot, Ludhiana, Rampur in Uttar Pradesh, Bangalore, etc., where most of the goods were transported, the railways have stopped booking parcels for these stations.

Officials of the railways, while observing the new directions reduced losses incurred on account of lost parcels and low tariff, said availability of ample trucks and buses had reduced the economic prospects of this facility. Earlier, parcels were booked for destinations all over the country and the railways ensured that the parcels were distributed further on to another train after completion of its route. Earlier, a parcel would often pass through 2-3 trains to reach its destination. A section of the small traders, however, rued the facility had been withdrawn to benefit the truckers who would now generate more business and they would have to shell out more for transporting piece-meal items.
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Microsoft banks on e-governance in India
Tribune News Service

New Delhi, April 21
Microsoft Corporation is expecting that the e-governance initiatives in India will provide the perfect platform for its localisation programmes and products such as Office Hindi.

“Localised interfaces for Office will be made available in 14 regional languages including Gurmukhi and about four of these should be available by the end of this year”, Program Manager, Localisation of Microsoft Corporation (India) Pvt Limited., Mr Raveesh Gupta, told The Tribune.

He said that the company is in talks with various state governments and “the initial reaction has been overwhelming”, Mr Gupta said.

“We are in talks with the state governments of Orissa, Madhya Pradesh, Uttaranchal, Haryana and Rajasthan for Office Hindi”, he said.

In fact, Microsoft has already provided local language e-governance solutions and initiatives including the NAI Disha portal and an Online Treasuries Information Solution for the Haryana Government. Mr Gupta said that one of the primary target audiences of the localised products would be the state government and public sector undertakings (PSUs). “These are mandatory users of the local language who need such functionality to perform optimally”, he said.

The localisation initiative of Microsoft India was initiated about six years ago, while the conceptualisation of Office Hindi took place four years back.
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Patni plans knowledge park

Mumbai, April 21
Patni Computer Systems Ltd today announced plans to set up Patni Knowledge Park at Airoli in Navi Mumbai to meet its long term needs of software development space in the metropolis.

Phase I of the project would be completed in early 2005 with an investment of about Rs 230 crore, to accommodate 5,000 professionals. The knowledge plaza would be one of the largest software parks in the city.

Mr Deepak Sogani, chief financial officer, Patni Computers told reporters here today that Patni Computers has been allotted 50-acres of land in MIDC technology park in Airoli. The completion of the second phase will be able to accommodate 17,000 professionals, he said.

Mr Sogani said that 30 new clients have been added in 2003. He said that there is a mixed revenue stream from banking and finance, insurance, manufacturing, energy and utilities and retail clients.

Referring to Patni’s network in India, Mr Sogani said that 2,100 professionals are working in Mumbai focusing on SAP practice, ebusiness solutions, 2,400 professionals are working in Navi Mumbai focussing on insurance-related services, 1,300 professionals are positioned in Pune to focus on insurance sector.

Similarly, 350 professionals are working in Noida to deal with BPO, insurance, banking and financial services. Besides this, 130 professionals are working in Gandhinagar and 550 professionals in Chennai.

Meanwhile, in a separate development iGate Global Solutions, a 100 per cent subsidiary of the United States-based iGate Corporation, today inaugurated its new development centre in Hyderabad and said it will hire 300 more people at the facility. The company currently employs over 200 people in Hyderabad.

The 65,000 sq ft centre in Hyderabad, with the capacity to seat 500 persons, takes the combined size of iGATE Global’s offshore infrastructure across Bangalore, Hyderabad, Chennai and Noida. — UNI
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BRIEFLY

Samsung
Amritsar, April 21
Celebrity cricketer and Team Samsung member, Mr Harbhajan Singh and Mr Ravinder Zutsi, director-sales, Samsung India, today inaugurated the first Samsung Digitalhome in Amritsar today. The Digitalhome that is the first in Amritsar and third in Punjab was inaugurated in the presence of senior Samsung representatives. — TNS

Canara Bank
Chandigarh, April 21
Canara Bank has cut the home loan interest rates by 0.25 per cent on both floating and fixed basis. The new rates are effective from April1, 2004. Under the floating rates, the bank has cut the rates to 7.25 per cent from 7.5 per cent irrespective of the amount for loans up to 5 years. For loans above 5 years, the rates are down to 8 per cent from the earlier 8.25 per cent up to a loan size of Rs.10 lakh. — TNS

SBP ATM
Solan, April 21
The State Bank of Patiala today installed an automatic Teller Machine (ATM ) at Dr Y.S.Parmar University of Horticulture and Forestry Nauni. Taking the total such ATMs to 191 the bank is endeavouring to enhance this number to 400 and ATM acrd holders to one lakh by the end of this financial year. Inaugurated by the Vice-Chancellor, Dr S.S. Negi, the facility would benefit the employees as well as the students of the university. — OC

Kinetic Velocity
Mumbai, April 21
Kinetic Velocity has emerged the ‘best bike’ in India in terms of mileage and performance figures in a detailed test conducted by a leading niche magazine Auto India. The test compared Kinetic Velocity, Hero Honda Passion, Hero Honda Splendor and TVS Centra, according to an official press released issued by Kinetic Engineering. — UNI

Thai Airways
Bangalore, April 21
Encouraged by excellent passenger load rate of its flights from four Indian metros, the national carrier of Thailand, Thai Airways International, today announced introduction of flights in Bangalore-Bangkok sector and said it had plans to launch flights from Hyderabad, Ahmedabad, Amritsar, Jaipur and Kochi. — PTI

Bukhara
London, April 21
Delhi’s Bukhara is the only food outlet in South Asia to find a place among the top 50 restaurants in the world. Bukhara, in ITC’s Welcomgroup Maurya Sheraton Hotel, has been ranked 36th by an international panel of 300 restaurateurs, chefs, critics and journalists, assembled by the London-based ‘Restaurant Magazine’. — UNI
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