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Punjab to set up Rs 150 cr fund to improve industrial infra
The Punjab government today said it will set up a fund of Rs 150 crore to upgrade industrial infrastructure in a bid to give a boost to the state industry.

'Our Indian operations are helping us better the technology'
Swaraj Baggonkar / Mumbai January 5, 2010, 0:31 IST

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B'lore airport extends contract with Nortel
Bangalore International Airport Limited (BIAL) has extended its end-to-end managed services contract with Nortel for three years. Nortel will manage BIAL’s entire IT infrastructure, which includes data and wireless network systems and will oversee network security. This network will be managed remotely through Nortel’s Network Operations Center (NOC) in India, which will continue to ensure the high level of reliability and dependability the airport requires.
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Exports from STP units up 15% to Rs 2,07,358 cr

The government today said exports from Software Technology Parks (STP) increased 15.1 per cent to Rs 2,07,358 crore in 2008-09. - STPI tax benefits to be extended: Raja - Raja for 2-yr extension of tax sops for IT under STPI - LS okays merger of State Bank of Saurashtra with SBI - Commercial activities of banks cannot be monitored by MPs: FM - Oppn urges govt to safeguard sugarcane growers interest - No CBI probe into Jaipur oil depot fire: Govt Exports in 2007-08 were at Rs 1,80,155 crore, Minister of State for Communications and Information Technology Sachin Pilot said in a written reply to the Lok Sabha. He said three STP centres have been set up, taking the total number of units to 51, as part of the Eleventh Five-Year Plan. In response to another question, Pilot said, "As per information provided by the Manufacturers" Association for information Technology (MAIT), the consumption of computers recorded a negative growth of seven per cent in 2008-09 over 2007-08." Sales fell from 7.3 million units to 6.8 million units, he added. He said sales were improving quarter-on-quarter as per data available with MAIT and are expected to grow by 7-10 per cent in 2009-10. "The drop in sales has been a reflection of the global economic downturn which had also impacted the domestic economy and hence the local consumption of IT hardware," he said.


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