A-I, IA FLOAT RESERVATION Co WITH ABACUS

Article Abstract:

Air-India (A-I) and Indian Airlines (IA) are tying up with Abacus India to market computer reservation systems (CRS). They will launch a new company called Sitar-Abacus Information Ltd by the end of 1998. The two airlines will hold a 51 percent stake in the new company while the rest will be held by Abacus and Tata Consultancy Services. A-I and IA already operate a CRS called Sitar in a tie up with Sabre of the US. It has a 20 percent share of the reservation market now. (khr)

Comment:

Ties up w/ Indian Airlines & Air India to market computer reservation syss, launching new co called Sitar-Abacus Information

All Other Travel Arrangement and Reservation Services, Airline Reservation Services, Air India, Airline reservations, Indian Airlines Ltd., Sitar-Abacus Information Ltd., Abacus India

---

BT, BHARTI TO FORM JV FOR NET-RELATED SERVICES

Article Abstract:

British Telecom (India) (BT) and Bharti Enterprise plan to set up a joint venture called Bharti BT Internet Ltd to offer Internet- related services in India. It will operate in the Internet and multimedia sectors along with becoming an Internet Service Provider. It will also offer value-added services like e-mail, web hosting, intranets and e-commerce services. Bharti will hold a 51 percent stake in the proposed venture while BT will hold a 49 percent stake. (khr)

Comment:

Plans to set up a JV w/ Bharti Enterprise called Bharti BT Internet to offer Internet-related services in India

On-Line Information Services, Videotex & Teletext, Services introduction, Internet services, Bharti BT Internet Ltd., Bharti Enterprise, British Telecom (India)

---

McCANN, ENTERPRISE-NEXUS TO POOL MEDIA BUYING VIA JV

Article Abstract:

McCann Erickson India and Enterprise-Nexus, a member of the Lowe group, have entered into an alliance to float a 50:50 joint venture called InterMedia for media buying business in India. The combined billing of the two partners of Rs350 crore will make InterMedia one of the top five companies in media buying and planning. Ms Ambika Srivastava, senior vice president, media services of McCann-Erickson will head InterMedia. (gs)

Comment:

Enters an alliance w/ McCann Erickson India to float a 50:50 joint venture called InterMedia for media buying business in India

Advertising Sales Services, Media Buying Agencies, Media buying services, InterMedia, McCann Erickson India, Enterprise-Nexus

Similar abstracts:

• Abstracts: ROLTA INDIA SHOW PRESENTS INTEGRAPH'S WORKSTATION MoU WITH ROLTA FOR LAND IN MILLENNIUM PARK. WIPRO's ERP DIVISION TIES UP WITH SIEBEL
• Abstracts: GROWING ANGST ON INDIA'S PLANTATIONS PLANTATION SECTOR: OVER-REGULATED, OVER-ADMINISTERED TATA TEA STICKS TO NORMS, SIPS THE CUP OF BLISS
• Abstracts: DEWAN HOUSING FINANCE CORPORATION LIMITED LIC HOUSING RECORDS 13% JUMP IN NET. DEWAN HOUSING FINANCE POSTS 33% RISE IN NET
• Abstracts: BAJAJ AUTO: TIME TO MEET THE EMISSION NORMS KAWASAKI LIKELY TO SOURCE CALIBER FROM BAJAJ PLANT FOR EXPORTS BAJAJ GETS IT RIGHT WITH CALIBER
• Abstracts: SEARLE REGISTERS 43% FALL IN NET PROFIT NOVARTIS HIKES DIVIDEND TO 40% PONDY OXIDES NET PROFIT UP 105%

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.