Tuesday, April 1, 2008

Gujarat Ambuja to commission soybean plant in MP

Ahmedabad-based agro-processing company, Gujarat Ambuja Exports Limited ( GAEL), will be putting in around Rs 85 crore this year in two different ventures. Guj Ambuja will commission a 1,200-tonne per day (tpd) soybean processing plant at Mandsaur in Madhya Pradesh at an investment of Rs 50 crore. GAEL already has soya processing plants at Kadi and Nani Kadi in Gujarat, at Pithampur in MP and at Kanheri in Maharashtra. The new plant is expected to go on stream in October-November 2008. With this, the company''s soya processing capacity is expected to touch 4,700 tpd.

Under the mandi venture, the company is looking at sourcing oilseeds and other products from farmers. As many as 8 mandis have already been established and 20 more are in the process of being set up in Madhya Pradesh, Maharashtra and Rajasthan. Around Rs 35 crore is expected to be invested in the venture. Of late, the company started production at its new maize processing plant at Sitarganj in Uttarakhand, which has a capacity of 500 tonne per day. The plant has been set up with an investment of Rs 60 crore through internal accruals.

CDC Software Completes Acquisition of Majority Stake in Leading

CDC Software, a wholly owned subsidiary of CDC Corporation and a provider of industry-specific enterprise software applications and business services, today announced it completed its acquisition of a 51 percent stake in Integrated Solutions Limited, a Hong Kong-based vendor of ERP systems designed for small and medium-sized discrete manufacturers in China. With this investment, along with our award-winning solutions, services, extensive infrastructure and deep expertise of the China market, we are now strongly positioned to more fully exploit the significant opportunities in the largest manufacturing market in the world, said Peter Yip, executive chairman of CDC Software.

We plan to leverage ISL''s impressive track record of hundreds of successful deployments in southern China as we expand our market presence throughout the country. With our highly-popular Ross Enterprise applications for process manufacturers and the addition of ISL''s applications for discrete manufacturers, we now have solutions for the entire industry. A top priority for us will be to expand rapidly in China, particularly targeting the millions of small and medium-size manufacturers with our complementary software solutions. As previously announced, ISL joins CDC Software''s successful Franchise Partner Program that includes Franchise Partners located in India, Argentina, Spain and Mexico. Under this program, CDC Software establishes strategic relationships with partners in selected geographies through majority control, as well as minority investments.

Friday, March 7, 2008

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Thursday, March 6, 2008

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Tuesday, February 26, 2008

India's Harbhajan Singh on Tuesday came under a fresh attack by Australian cricketers

India's Harbhajan Singh on Tuesday came under a fresh attack by Australian cricketers with opener Matthew Hayden calling the off-spinner an "obnoxious little weed", a remark which has the potential to create more bad blood between the two teams.

The Indian spinner, who was at the centre of a racism row involving Andrew Symonds, has borne the brunt of the Australian sledging during the explosive tour which has been marked by a series of verbal exchanges between rival players.

"Its been a bit of a long battle with Harbhajan, the first time I ever met him he was the same little obnoxious weed that he is now", Hayden said on Brisbane radio.

"His record speaks for itself in cricket. There is a certain line that you can kind of go to and then you know where you push it and he just pushes it all the time.

"That's why he has been charged more than anyone that's ever played in the history of cricket," Hayden said. Hayden's fresh salvo came a day after the Indian team management lodged a written complaint with Match Referee Jeff Crowe regarding Australia players' "provocative" behaviour.

Hayden and Harbhajan were involved in an ugly tussle at the SCG on Sunday with the Indians claiming that the Australian opener had termed the Indian a "mad boy."

However, Hayden made light of the incident and claimed India was complaining because "they are losing every game they are playing."

"I called him a bad boy," Hayden insisted.

"He took offence to that, I thought that was quite funny. I said mate you should be flattered, it's a clothing range," Hayden said.

Meanwhile, former Australian fast bowler Rodney Hogg also lashed out at the Indians.

"Ive really had a gutful of their whinging, this is international sport, obviously people are going to say things to try to unsettle you," Hogg said.

"It's not tiddlywinks. So long as it's not racial they shouldn't have a problem.

"As far as I am concerned if the heat is too hot in the kitchen then that's too bad.

"I reckon they should appoint an Asian referee for Indian games because when it's a non-Asian referee nothing against Jeff Crowe they never feel as if they are being listened to."

Hayden said he had told Ishant Sharma to settle down and on Monday quipped he would like to meet the stringbean paceman in a boxing ring.

"He is just young. I have said to him many times, you are 19, take it easy, Hayden said.

"At the end of the day you are 19, why dont you just worry about your bowling for a while," he added.

Source