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Aditya Birla Nuvo sells telecom susidiary

New Delhi, Mar 1 (UNI) Aditya Birla Nuvo Ltd today said it has sold its stake in in its subsidiary Aditya Birla Telecom Ltd.

The flagship company of Aditya Birla Group, however, did not divulge further details on the deal.

Aditya Birla Nuvo Ltd is a diversified conglomerate having business interest in viscose filament yarn (VFY), carbon black, branded garments, fertilisers, textiles and insulators segments.

UNI

Bose Corp introduces 'Companion 5 multimedia speaker system'

Chennai, Mar 1 (UNI) Bose Corporation, a well-known audio technology developer and product manufacturer, has introduced 'Companion 5 multimedia speaker system' for computer users. With one simple USB connection, the system would turn the computer into a complete entertainment hub, delivering today's multi-channel audio content from just two visible speakers and a hideaway acoustimass module, company Corporate Communication Executive Nandita Sood told a press conference here. Priced at Rs 21,900, the new system required no software installation, no sound card upgrade,.....

BEL bags defence order worth Rs 550 crore

Machilipatnam, Andhra Pradesh, March 1 (UNI) The Bharat Electronics Limited (BEL) here has bagged Rs 550 crore worth order from Defence Ministry and Border Security Force (BSF) for supply of Hand Held Thermal Imagers. A BEL spokesperson today said though defence supply remained the prime focus, the company had supplied Electronic Voting Machines, Solar Powered LED -based Traffic Signal Lights, TV and Radio broadcast system, telecom equipment and Set Top Boxes. He said the company in its kitty had an.....

KGA Group to invest Rs 600 crore in Kerala

Kochi, Mar 1 (UNI) The Kuwait-based KGA Group of companies will set up a Rs 220-crore business hotel here and will pump in Rs 600 crore to venture into hospitality and tourism sectors in Kerala. The state-of-the-art five-star hotel project in collaboration with International Hotel Chain ''Crowne Plaza'' of the International Hotel Group (IHG), for which the foundation stone was laid today, would have 210 rooms and conference facility for 600, said KGA Group Managing Director K G Abraham. Mr Abraham.....
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