Globecomm Systems gets $1 million engineering change order from multinational customer

October 5th, 2009 New FTC guidelines to change customer testimonialsWASHINGTON — New guidelines from the Federal Trade Commission will require advertisers using customer testimonials to clearly disclose results consumers can typically expect. The FTC's associate director for advertising practices, Mary Engle, says guidelines published Monday mean advertisers can't hide behind disclaimers when they show atypical results.

September 25th, 2009 RR Donnelley pays $122M to end losing contractCHICAGO — R.R. Donnelley & Sons Co., a Chicago printing services company, said in a regulatory filing Friday that is has agreed to end its contractual relationship with a significant customer.

August 19th, 2009 Nice Systems gets $55M contract from governmentNEW YORK — Israeli data recording-products maker Nice Systems Ltd. said Wednesday it received a $55 million contract from an unnamed government agency.

June 23rd, 2009 Dun & Bradstreet hires new customer managerSHORT HILLS, N.J. — Business analytics provider Dun & Bradstreet Inc.

June 15th, 2009 Air Nostrum 1st customer for Bombardier's CRJ-1000PARIS — Spanish carrier Air Nostrum was confirmed Monday as the launch customer for Bombardier Inc.'s CRJ-1000 jet, with firm orders for 35 planes worth $1.75 billion at list prices. Airlines often negotiate substantial discounts to the catalog price, particularly in tough economic times.

April 25th, 2009 NEW DELHI - Over one million students will be appearing in the All India Engineering Entrance Exam (AIEEE) Sunday seeking admission into engineering, architecture and other allied courses in government-aided institutes across India. The three-hour examination will be conducted at 1,460 centres across the country.

April 4th, 2009 NEW DELHI - With phone operators expected to run out of 10-digit mobile numbers soon, the Department of Telecom (DoT) is now considering an 11-digit numbering system. 'With so many telecom service providers and a growing customer base, the need for new numbers and their consequent shortage will be felt soon,' a senior telecom official, who did not want to be identified, told IANS Saturday.

April 2nd, 2009 BANGALORE - State-run Bharat Electronics Ltd (BEL) posted a turnover of Rs.46.18 billion in 2008-09 as against Rs.41.03 billion notched up the previous fiscal, registering a 13 percent year-on-year (YoY) growth, the company said Thursday. However, according to its provisional audit figures, profit before tax (PBT) declined by around 7 percent to Rs.10.95 billion from Rs.11.71 billion in 2007-2008.

March 30th, 2009 MUMBAI - Engineering and construction major Larsen and Toubro (L&T) has bagged a Rs.345 crore ($67.5 million) order from the Nuclear Power Corp of India (NPCI) for supply of four steam generators, it was announced Monday. The steam generators are critical and long lead equipment which will be supplied to the Kakrapar Atomic Power Project-3 and 4, L&T said in a statement.

March 21st, 2009 MUNICH - China has ordered 100 high-speed trains from German engineering giant Siemens and its Chinese partners, the company announced in Munich Friday. Siemens will supply components worth 750 million euros ($1 billion) for the Velaro trains, which will be assembled in China and used on the Beijing-Shanghai route from 2010.

March 12th, 2009 CHENNAI - The US-based $2.8 billion revenue Perot Systems Corporation is ramping up its Indian operations taking up additional space as well as building its own, a top company official said Wednesday. 'The company's new 23,617 sq.ft facility in Chennai with a seating capacity of around 350 will be ready by the end of this month,' Vardhman Jain, managing director, Insurance and Business Process Solutions group, told reporters here.

February 28th, 2009 KOLKATA - At a time when the world is reeling under the economic meltdown, exporters of engineering goods in the country are looking to Africa and Southeast Asia for salvation. 'Though they predominantly buy engineering goods from China, last year they faced some difficulties and now they want India to be developed as a second supplier,' R.P.

February 3rd, 2009 HYDERABAD - The National Institute of Technology (NIT), Warangal, and ESIGELEC-School of Engineering Rouen of France have entered into an agreement to promote research and academic exchange, it was announced here Wednesday. ESIGELEC will also establish centre for automation and instrumentation and embedded systems on the campus of the NIT-Warangal.

January 5th, 2009 CHANDIGARH - A well-known bubble-gum company has been directed by a consumer court here to pay a compensation of Rs.300,000 to a customer who was not given a Trip to America prize nearly eight years ago. The Union Territory (UT) consumer disputes redressal commission, while upholding the 2002 order of a consumer court in Ludhiana city in Punjab, said the bubblegum company, Perfetti India, which manufactures the Big Babool brand of bubblegum, had resorted to unfair trade practices by denying the Ludhiana resident, Jeevan Kumar, his prize.

December 23rd, 2008 NEW DELHI - A 33-year-old manager of a multinational company was Wednesday found dead in his south Delhi home, the police said, suspecting it a case of suicide. Subhit Chakravarty's body was found hanging from a ceiling with a sari after his brother Ankur and the police broke open the door of their Kalkaji flat.