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Saturday, April 18, 1998
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Elite Group still dodging investors
The recent scandal to shake all of Hyderabad out of its complacency is that of retired Major Chandra Bhushan Srivastava's shady shenanigans. During the last seven years, he offered unusually high interest rates of between 22 to 27% and made good his promise too, thus winning the confidence of serving as well as retired personnel from the Armed Forces.
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Dubai jewellery show evokes good response
The recently concluded international jewellery show, held in Dubai from April 1-5, 1998, generated business worth $2.8 million, which includes $3,00,000 retail sale across the counters & $2.5 million as confirmed spot order and many more business contacts. India's exports of precious metal jewellery in 1996-97 was $747 million, out of which, the Middle-East accounts for $190 million, almost 25% of the total.
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Define your own strategy to go global
Japan, the United States, and Europe. Besides interacting within the triad, each multiregional company creates a "tetrahedron" by influencing developing areas immediately to its geographic south. Other regions are less important for survival and can be treated as marginal and/or opportunistic.
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H-P offers virtual-machine technology
Hewlett-Packard Company has announced the availability of its independently developed virtual-machine technology and class libraries for the embedded-systems market. HP has also announced that it will license this virtual-machine implementation to select companies.
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