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Reliance Communications launches Double Talk time

Dehra Dun, Feb 22 (UNI) Reliance Communications today launched its Double Talk time - Double Validity Offer for its customers here.

Announcing the launch Reliance Communications CEO (Uttarakhand and UP-West) Arvind Kumar said subscribers would get double of the normal talk time on every E-recharge denomination of Rs 300, Rs 430, Rs 495 and Rs 565.

On every E-Recharge of Rs 650, Rs 750 and Rs 950 subscribers would be entitled to double the normal validity.

Mr Kumar said the bonus talk time would be available for a period of 30 days from the date of E-Recharge. The proportionate talk time would increase on all recharge above Rs 495.

He said the bonus talk time available as part of the double talk time offer, could be used for local calls to Relaince mobile phones.

However, the double talk time is not available on recharge denominations offering double validity and vice-versa, he added.

The offer is valid until February 28.

UNI

Timex entails Rs 24 cr investment on expansion

New Delhi, Feb 22 (UNI) Watch-maker Timex today said it will invest around Rs 24 crore in setting up a new manufacturing plant, opening around 120 outlets across the country and on marketing operations. ''We would set up a manufacturing plant at Baddi in Himachal Pradesh by investing Rs 10-11 crore which would be functioned by this April,'' company's Vice President Salil Sadanandan told reporters here. Another Rs 10-12 crore will be pumped into marketing and opening around 120 outlets.....

Max India to raise Rs 1,000 cr via QIP

New Delhi, Feb 22 (UNI) Max India today said it will raise Rs 1,000 crore by issuing equity to Qualified Institutional Buyers (QIBs). ''The QIP is proposed to meet the funding requirements of the company in line with its long term strategic business plans to further grow and expand, both organically and inorganically, all the existing businesses and more specifically, the life insurance business,'' company's Joint Managing Director B Anantharaman said. The company has convened an EGM of the.....

Alcatel-Lucent restructures marketing

New Delhi, Feb 22 (UNI) Alcatel-Lucent today appointed Mr Vivek Mohan, President and CEO of Lucent Technologies, as its new Vice President for service business group, South Asia. The company has restructured the marketing and sales department for its South Asia regional unit. This includes appointment of Mr A Sethuraman as Chief Marketing Officer, Mr Ravi Ailawadhi as the Vice President (key account managment) and Mr Frederic Sallet as the new Director for carrier sales group. It has also named Mr.....
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