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Monday, August 07, 2006
Mahindra British Telecom(MBT) matures as Tech Mahindra

MBT, the hi-tech startup company a joint venture between Mahindra Group and British Telecom which developed cutting edge technologies for Telecom and Embedded Systems marketplace has matured out of the startup egg shell as it went for an IPO. It has also changed its name to Tech Mahindra.

The IPO got terrific response. The institutional portion of the issue was oversubscribed by a whopping 104 times leading to a collection of Rs29,000 crores($6.3 Billion). However, institutions will get an allotment of mere Rs279 crores. Cheers!!!
Published on Monday, August 07, 2006 at 1:15 AM   0 comments
Saturday, August 05, 2006
SMS for CarPoolers in Mumbai

Typically you goto a carpool classified website and hook with other drivers. However, it is common to stay back at work late evenings. Essentialy your return times are never fixed. But you still want to carpool, how can you do it ?

Mumbai based, MESN(Mumbai Environmental and Social Network) came up with the idea to hook carpool drivers and ride seekers on the go. Ride Seekers and Ride Givers can register and try to hook up by means of SMS or Web based scheduling minutes before both decide to ride back home.

Ride givers earn 25 fuel points for every person picked up and they can redeem their points in HPCL fuel outlets. Ride Seekers should BUY a pre-paid account which gets debited the moment they confirm they want a ride by means of SMS. Isn’t it a really cool idea for hard working Mumbaikars ?
Published on Saturday, August 05, 2006 at 1:11 AM   0 comments
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