SQL STAR TO START DIRECT MARKETING
Article Abstract:
The Rs18.8 crore information technology (IT) company of Hyderabad, SQL Star International Ltd plans to achieve a growth of 55 percent by aggressively marketing its services in India, Singapore, USA and UK. The company, mainly engaged in software development, training and consultancy, has already achieved synergy between its training and software development divisions. It mainly focuses on high-end training in IBM AS/400, Oracle, Lotus and Microsoft and has development centres in Hyderabad and Gurgaon. In the future, SQL plans to mainly market its software development, Y2K solutions and professional services through its subsidiaries in Singapore and USA and a marketing-technical set up in UK. Till now, it has executed projects worth $500,000 for many domestic and international companies. (gsh)
Comment:
Plans to achieve a growth of 55% by aggressively marketing its services in India, Singapore, USA & UK
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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CLASSIC MUSHROOMS FACES TROUBLE, STOPS PRODUCTION
Article Abstract:
Classic Mushrooms Ltd (CML), a 100 percent export-oriented unit located near Vizianagaram, has stopped its mushroom production from November 1997. CML had to stop production as the bankers have failed to release the term and working capital loans. It had earlier conducted trial production for 6 months. CML is now awaiting the release of these loans. The problems cropped up when the Industrial Development Bank of India (IDBI), which had re- appraised the second phase and set aside Rs7.50 crore, sanctioned Rs2.87 crore only. CML was also supposed to get Rs1.24 crore from the State Bank of India, Rs1.14 crore from the Bank of Maharashtra and the rest from the promoters. (ag)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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