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Ajai Shukla: Stealing lollipops from babies
Ajai Shukla / New Delhi November 3, 2009, 0:58 IST

India Inc's hiring slows down 3.6% in August: Naukri.com
India Inc"s hiring activity, which has been on the path of revival, slowed down a bit in August and dropped 3.6 per cent as compared to the previous month, a report by job portal Naukri.com said.

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Usha Martin Q3 net dips 31% to Rs 18 cr
Usha Martin, a wire rope manufacturing firm, today said its net profit declined by 31.11 per cent to Rs 18.42 crore for the quarter ended December 31, 2009, over the same period in the previous fiscal.
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Bharti unit launches multiple SIM technology

Comviva (formerly Bharti Telesoft) is in talks with several telecom service providers, including group company Bharti Airtel, to launch a SIM (or Subscriber Identity Module) card that allows up to 10 users to share the same mobile phone with their own specific numbers. - Bharti Airtel in pact with Comviva for managing VAS biz - F&O Outlook: Nifty has strong support below 5,000 - DoT gives Bharti a week to comply with audit queries - Sensex ends two-day losing streak, up 240 pts - Nifty has strong support below 5,000 - DoT wants telcos to share info with auditors on time The technology requires the user to dial a given number from the specific mobile phone and activate the SIM though a password. Once that is done, the user can receive and make calls and even recharge the account through a pre-paid coupon. Comviva hopes to sell the technology to operators and launch the services by the end of this year. “The technology will help operators increase penetration in the rural markets and increase their revenues,” said Comviva CEO Manoranjan Mohapatra. Rural teledensity in the Indian mobile market stands at just 20 per cent, compared with an urban teledensity of 95 per cent, suggesting wide scope for expansion. Comviva has already tied up with South African mobile giant MTN, with which Bharti has held two rounds of unsuccessful talks for a merger, to sell the technology in developing markets. MTN has already launched the multiple SIM in Cameroon and has acquired 30,000 new users as a result. Mohapatra said the technology dramatically reduces the cost of ownership for a mobile connection and would also be useful as community phones in villages. The cheapest branded mobile costs at least Rs 1,000.


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