Sybase And Verizon unit to offer managed mobility solutions

Sybase Inc. and Verizon have decided to join hands to offer multinational companies a managed mobility solution. The Sybase and Verizon union will facilitate companies in managing the implementation and support services of their fast growing mobile work force.

Sybase's enterprise device management platform and established mobility services expertise will be utilized by the Verizon's Managed Mobility Solutions to provide an efficient solution for managing the complexities and solving the problems, which will arise due to increase in the number of mobile information workers.

Nancy Gofus, SVP- Global Business Products, Verizon said that most of the companies are accepting the mobility in their systems to enhance the production and to fulfill employee requirements. But it creates serious complexity in the system, which needs to be carefully tackled down.

Sunil Jose, MD- India & Sub-continent, Sybase said that proper management of a huge mobile work force has become a necessity.

In the mobility system, security of the data is very important. He added that their alliance with Verizon will help the organizations in keeping the data safe and secure.

According to the Forrester Research, 73 per cent of the global work force will get turn to mobile work force by 2012.


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Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Owner of Energy giant Reliance Industries, Mukesh Ambani has put in an extra 0.68% in EIH Ltd. With this, his total stake in the hotel chain has increased to 14.8%. In a filing to the Bombay Stock Exchange, EIH said that the shares were purchased from the market on Tuesday.

Shares of Reliance surged 0.3% at Rs. 939.3 in proportion to the Mumbai market at 1.26pm, while EIH shares witnessed a 4.5% rise at Rs. 150.2.

On Monday, Reliance was quoted saying that it is widening its horizon and has procured 14.12% stake in EIH for a sum of $217.5 million.

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

On Thursday, Bajaj Auto posted a 55% increase in its sales of vehicles. In the month of August, the Company recorded sales of 3,29,364 vehicles, compared to 2,13,072 units in the same month the year before.

Last month, 2,89,176 two wheelers were sold by Bajaj Auto, a big surge than 1,82,441 units, which were sold in August 2009. The Company’s cumulative sales of two wheelers for the time frame between April and August 2010 increased by 68% and were recorded at 1,397,348 units. The number was high from 833,235 units that were retailed during the same period last year.