GETTING READY FOR THE BIG SPLASH
Article Abstract:
The private water supply sector is fast becoming one of the preferred areas for investments. The Rs1,300 crore BOOT (build- own-operate-transfer) Bangalore water supply project contract is expected to supply 500 mld (million litres per day). Three companies have been shortlisted for the project. The contract is expected to be finalised in September 1998. GVK International along with Maurbeni of Japan and Compagnie Generale des Eaux (CGE) of France are among the companies shortlisted for the Bangalore water supply project. On the same lines, for Pune project, local companies have joined hands with heavy weights Anglian Water International and Thames Water International, both of the UK the Danish player Kruger, OTV (subsidiary of CGE) and a number of Korean players. For the same project, Tata Projects and Tata Consultancy along with Pressaug of Germany is another contender. Reliance Industries has proposed for the 165 mld project at Panjim in Goa. This interest is attributed to the high rewards, attractive depreciation rates, tax concessions like 100 percent exemption from excise and customs duty on machinery. For Tirupur project, Mahindra Realty and Infrastructure development Ltd (MRIDL) along with Bechtel of the US and International Water from UK have been allotted the contract. For this project, the government for the first time has allowed the private sector to recover costs through levy of user charges. Another source of income is the US Agency for International Development (USAID).(um)
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India: Private water supply sector is fast becoming one of the preferred areas for investments in the country
Publication Name: BusinessWorld
Subject: Business, international
ISSN:
Year: 1998
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HIDDEN NUGGETS IN THE DATA WAREHOUSE
Article Abstract:
Business Intelligence providers like IBM and SAS Institute is helping many Indian companies set up data warehouses and then mine the data for unsuspected correlations. Indian companies have started realizing that data is a company's greatest asset. Implementing a data warehousing solution will require 6-18 months and investments between Rs10 lakh to Rs1 crore. The Reserve Bank of India has started developing a data warehouse with the help of the Centre for the Development of Advanced Computing. Public institutions like the Life Insurance Corporation of India and the Indian Railways have also decided to set up data warehouses. (khr)
Comment:
India: Business Intelligence providers like IBM & SAS Institute is helping many Indian companies set up data warehouses
Publication Name: BusinessWorld
Subject: Business, international
ISSN:
Year: 1998
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