The state Vigilance Bureau today caught an assistant sub-inspector (ASI) for taking bribe, busted a racket involved in issuing fake national permits to heavy vehicles, and held a medical officer for demanding bribe to issue certificate to a physically challenged person.

According to officials, ASI Ram Singh, posted at security branch of the Mini Secretariat, was caught on Friday afternoon when he reached complaint A K Guptas residence in Sector 31 here to collect the bribe amount. According to Guptas complaint, the ASI had asked for the money to clear his passport verification, and the Vigilance team was waiting in anticipation to fell the ASI in its net.

In another raid, VB arrested seven members of a gang that had issued at least 35 fake national permits to heavy vehicles for shipping goods across state borders. The team recovered Rs 80,000 from them, officials said. The fake permits were issued in the name of Sub Divisional Officer Civil-cum-Regional Transport Authority, officials said.

In the third raid, a medical officer and compounder were caught for demanding bribe from a physically challenged person in Taoru district, Mewat.

The Indian arm of Alcatel-Lucent, the submarine cables-to-satellite communications company, has emerged as the largest telecom equipment firm in India. With a combined market share of about 70% in submarine cables, 50% each in CDMA and landline segments and a major portion of the GSM business, the entity now towers over its peers.

Although the top officials at Alcatel-Lucent didnt share the numbers for the Indian entity, some guesstimates could work. At present, projects under execution by this entity, along with its Indian partner ITI, are 5 million GSM lines for BSNL and 1 million GSM lines for MTNL. If we consider that BSNLs total tender for 20 million GSM lines, which was valued at about Rs 20,000 crore, the two GSM projects alone would bring in over $1 billion for the company.

In addition, there are the projects for 5 lakh ADSL lines for MTNL and more than 2 million ADSL lines for BSNL that the company is executing. Also there are the submarine cables businesses the company undertakes for VSNL, Bharti Airtel and RelComm, the equipment and services based on CDMA technology to Reliance Communications (RelComm) and Tata Tele, other GSM-based services to BSNL and MTNL, and also the broadband and landline-based services that the comapny does for a host of Indian telcoms including the two public sector giants.

Living in Mumbai, I am somehow bound to the “Will Mumbai become Shanghai?” phrase and all its connotations and interpretations. Before I come to my submission on our state of great expectations, a few words on the Shanghai syndrome.

First, Mumbai should look for a new phrase. That’s because, to my mind, Delhi has already become “Shanghai”. Sure, Delhi is not a port city or the commercial capital. But using the usual extrapolation of Shanghai to mean high-quality infrastructure, visible administrative determination (for whatever reasons) to clean up a mess and so on, Delhi scores.

Delhi is the only city in India where there are visible infrastructure improvements in short periods. Sure, Gurgaon residents are howling about the extra hour they spend on the approach to Delhi, but if you ask me, I see the men and machines working day and night to find some solutions. Unlike Mumbai, a city that took three decades to decide to build one bridge across a creek.

Now to narrate two somewhat disparate examples. Remember Mumbai’s highway road signs (amidst crumbling or dug-up roads) requesting you to bear with the present for a better future? I don’t know about you but when I read them, I expected solutions that would fundamentally alter the road infrastructure in the island city. Far from it. As I see it, this high-decibel signage mostly meant that some roads or pavements would be re-layered. Yet, here I was thinking life was going to fundamentally change.

We maintained a positive bias towards Crew BOS in July this year, when the companys stock was quoting around a level of Rs 145. The company had posted an earnings per share (EPS) of Rs 12.5, on net sales of around Rs 130 crore in FY06. Exports account for over 90% of its sales revenues. The stock has since surged to Rs 230, offering returns of around 58% in just under five months.

Business: The company is in the leather and fashion accessories business. It derives 65% of its revenues by supplying for well- known names like GAP, NEXT, FOSSIL in Europe and the US. It has been able to sustain a high growth of over 40% in its net sales, and an even higher growth in profits. It aims to expand its capacity for production of fashion accessories and leather products through another plant. The plant, planned in Neemrana region, could help in consolidation of smaller units in Gurgaon region, by bringing their operations together.

The promoters have already gone for a preferential allotment of warrants to themselves, eligible for shares at a later stage. An equity dilution plan is on the anvil by raising up to $25 million through the best suited route. The FII holding in the company is around 22%, and it has sought approvals, to raise the limit to 49%.

Udyog Vihar in Gurgaon is one of the major manufacturing hubs in Gurgaon. Plots Sizes of 450 sq mtr, 1000 sq mtr, 2000 mtr and 4000 sq mtr are available in Udyog Vihar. Udyog Vihar comes under the Haryana State Industrial Development Corporation. Udyog Vihar is basically situated on the National Highway just near the Sector 18 of Gurgaon.

The major companies and Brands having their office / showrooms in Udyog Vihar are :
: IndiaBulls
: HCL
: Hughes
: Toyota
: Ford
: General Motors
: Ranbaxy

and many more popular brand resides in Udyog Vihar.

In case you are looking for commercial space in Udyog Vihar, rental spaces as well as on outright purchase of Office Space as well as Commercial Plots. We can help you.

Please feel free to contact us at gurgaondeals[@]gmail.com or fill the CONTACT US form for us.

Gurgaon is not only an outsourcing hub, but also an upcoming manufacturing Industrial destination in India. Most of the industries automobiles, auto parts, packaging machines, readymade garment exporters and many more industries are now in Gurgaon.

Automobiles manufacturers like Maruti Udyog Limited and Hero Honda has made Gurgaon their primary destination for manufacturing facility. Other big companies like DENSO, Honda Motorcycles and Scooters Limited, YKK, Asahi Glass, Electrolux, Sona Steering have their manufacturing industrial units in Gurgaon Only.

The major areas where Manufacturing / Industrial Units can be set up in Gurgaon are

Udyog Vihar : HSIDC
IMT Manesar : HSIDC
InfoCity : Unitech
Pace City : HUDA

In case you have any requirement of Industrial Space in Gurgaon.
Please feel free to contact us at gurgaondeals[@]gmail.com or fill the CONTACT US form for us.

Commercial Properties Gurgaon

Gurgaon is becoming the favorite destination of multinational companies. Most of the commercial complexes in Gurgaon have been developed by Ansals, DLF, MGF and many more builders in Gurgaon.

Gurgaon is a peaceful area where crime rate is very low. Those people who have bought properties in this area are fortunate one in term of appreciation of prices, rental income and security.

Gurgaon is one of India’s major outsourcing hubs, housing major multinationals such as Agilent, Alcatel, American Express, British Airways, Convergys, eFunds, Ericsson, KLG Systel, KEANE India Ltd., Fidelity Investments, Genpact, HCL technologies, Hewitt, Hindustan Lever Limited (the Indian division of Unilever), IBM, Siemens, Flextronics, Coca-Cola, GSK, General Motors, Gillette, HP, Hitachi Metals, Nestle New York Life, Nokia, Pepsi, Trinity BPM, Xerox, etc

In case you have any requirement of Commercial Space in Gurgaon.
Please feel free to contact us at gurgaondeals[@]gmail.com or fill the CONTACT US form for us.

Treat your feet this winter with the shoes that breathe as Italys number one footwear brand Geox enters the Indian market. Celebrated, as one of the top three selling footwear brands in the world, Geox is renowned for its revolutionary technology that makes every shoe breathe through microholes in the outsole.

These unique microholes, lined by a specially designed membrane, embedded between the insole & outsole, do not let the water to get inside the shoe, while allowing the sweat & heat to exit. This technology developed & patented by Geox, ensures utmost comfort to the wearer and makes Geox, the only breathable shoe in the world, with this technology.

Geox through its wide collection of formal, casual & sporty shoes for men & women marks a unique blend of fashion, lifestyle & comfort. Its varied styles and designs in myriad colours suit every occasion, be it office, leisure or party. For those who follow the latest trends in fashion and love elegant looks, Geox will certainly satisfy the most demanding among them. And, with the extra comfort added by Geox breathability, these are the shoes that one would never want to take off!

Realty prices in Tier II cities have shot up by as much as 40% in the last two years, one of the highest in the past decade. While the opening up of the financial sector, rationalisation of income tax and loan policies and well-paid IT jobs have been the primary reasons for this, the trend of youngsters separating from their families to set up their own homes has also added to the growth in demand.

Says Mumbai-based architect Hafeez Contractor, The rise in realty prices in Tier II cities is disproportionate to the earning capacities which is a unhealthy sign in the long run. There is a lot of land available in Tier II cities for development. However, a slackening of prices seems unlikely, as prices will continue to rise further. A recent Nasscom-KPMG study has revealed that Tier II cities - Kochi, Pune, Nagpur, Chandigarh and Jaipur - offer more advantages to ITES companies. Currently, in cities like Meerut and Jaipur, pre-launch projects are being sold between Rs 2,400 and 4,500 per square yard, whereas, in Ambala, it starts at Rs 3,000 per square yard. In Gurgaon, the prices start at Rs 6,000 per square yard.

Customers now have to shell out as much as four times the money for buying flats in cities like Ahmedabad. A 3 BHK flat in Ahmedabad, which used to cost Rs 8.5 lakh two years ago, is now priced at Rs 31 lakh, says a leading builder based there. In comparison, a 2 BHK and 3 BHK flat in Gurgaon would cost Rs 45 lakhs and 58 lakhs, respectively.

However, in other cities like Nagpur, Nasik, Ludhiana and Punjab, land prices and built-up area prices are highly disproportionate. Built-up area prices of residential property is lower than the land prices. Land prices in these areas are on a continous rise. With about 34 metropolitan cities in this country, Ahmedabad holds the sixth position in terms of population, which is larger than even Pune. According to Joy Sanyal of TrammellCrow Megharaj, Ahmedabad is soon going to be considered a flourishing metro very soon. Development in Gujarat is not city-centric, but spreads across the state. Therefore, there is more room for development in the city. Gujarat contributes 12% of the GDP of the country, while it constitutes an area of just 6 or 7%.

Business services and technology solutions provider Genpact today said it has received in-principle clearance from the government to set up three special economic zones (SEZs) in Bhopal, Bhubaneshwar and Jaipur.

The discussions are in an advanced stage with the boards of approval of the three state governments, Genpact said in a statement.

Our growth, which has been in excess of 20 per cent per annum over the last several years, is encouraging us to plan ahead and partner with state governments to identify expansion sites that will serve the larger Indian BPO/ITes sector, Genpact president and CEO Pramod Bhasin said.

Genpact has begun construction of a 10 lakh square feet facility on a 12-acre plot within the IT SEZ being developed by DLF in Silokhera in Gurgaon (Haryana).

The company is hiring 800 new employees a month in India through its 17 hiring offices, Genpact Senior Vice-President Ashok Tyagi said.