Monitor

GM `facilitates' auto component exports

NEW DELHI: General Motors India has facilitated export of over 10,000 condenser units worth over $600,000 to its European counterpart. ``This is a major move in keeping with the commitment towards exporting automobile components from India to GM's overseas operations,'' stated a company release.

M&M ties up with Citibank

MUMBAI: Mahindra & Mahindra has tied up with Citibank for a channel financing agreement for its dealers. Citibank has agreed to take an exposure of Rs. 125 crores on a revolving basis and the facility would be over and above the existing banking facilities being enjoyed by dealers, M&M said in a statement. According to Mr. U. Y. Phadke, M&M's Vice President (finance and accounts), channel financing of this type was an innovative and trend-setting link in the business cycle that brings value to all players by leveraging on M&M's brand and products.

Mumbai to hold BankTech 2000

CHENNAI: The second international exhibition and conference `India BankTech 2000' (technology solutions for banking and finance) will be held from May 12 to 14 at World Trade Centre, Mumbai. Organised by Intra Links Expo (I) Pvt. Ltd, this will cover the latest technology trends in the banking and financial sectors. The conference will address delegates from banks, insurance companies, financial institutions, mutual funds, investment bankers from India and the entire sub-continent.

Kodak's e-enabled digital kiosk

MUMBAI: Imaging major, Kodak India has introduced an `e-enabled' multi-functional interactive digital photography Kiosk in India. Known as `picture maker', the interactive equipment comprises a high-speed digital camera, a computer and a thermal printer attached to it, company Managing Director, Mr. Humayun Dhanrajgir said. Priced at Rs. 1 lakh, the Kiosk is multi-functional as it takes pictures, processes, prints them and loads them on the Internet to be received at a similar outlet anywhere in the world, he said.

go4I.Com ties up with U.S. firm

NEW DELHI: go4I.Com, has tied up with U.S.-based company, Stanton Chase International, to set up a vertical portal on the career segment - go4careers.Com. The new entity will have go4I.Com holding 51 per cent majority stake with the remaining held by Stanton Chase, chief executive officer of go4I.Com, Mr. Piyush Gupta, said. Go4I.Com has invested around $1 million in setting up the vertical portal which will provide users service of online recruitment and undertake actual physical job search, he said, adding the portal would be launched next month. The company is also finalising a tie-up with Bigtree Entertainment to set up a vertical portal on ticketing - go4ticketing.Com - to provide users facility to book their tickets online for movies and theatre, he said.

3CRC's training programme

CHENNAI: 3CRC Technologies, the engineering and interactive software division of Pentasoft Technologies has launched a premier high-end training program in CAD/CAM/CAE-CAD Whiskers, through its franchisees. Initially, CAD-Whiskers will be offered from six centres of which three are located in Chennai, two in Bangalore and one at Bhuvaneshwar and 12 other centres will be coming up shortly in other parts of the country. The CAD-Whiskers is a technically innovative and futuristic course offering competitive careers for students with mechanical engineering background.

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Section  : Business
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