FreePress India

MTS India / Siestma – Shyma Tele, the disruptive Telecom tariffs company has gone on a rampage yet again, against Airtel and Vodafone the arrogant Telcos of India.

Sistema Shyam TeleServices Limited (SSTL) announced its MTalk plan that offers local calls at just 1 paisa per second, with 1-second billing, plus full talk-time for lifetime! STD calls are charged at 2 paisa per second. At nominal Msaver rentals of just Rs.1 per day each, customers can also choose to get 50% off on local calls, 50% off on STD calls, and 100 SMSes every day. MTS have coined this simple.

India’s monetary authority Reserve Bank of India (RBI) said in a notification that it would conduct a special repo auction for Rs 6,000 crore on Monday. The reversal of the repo would occur on September 22. The special repo by the RBI is a part of its effort to ease the credit amiability for targeted sectors, which faced severe problems in the aftermath of the global financial crisis last year.

In order to help the mutual fund industry tackle the redemption pressure, the central bank introduced the special repo facility on a daily basis with effect from October 14, 2008, offering Rs 2,000 crore everyday. The size of the lot was later increased to Rs 6,000 crore later to include the liquidity needs of non-banking financial companies and housing finance companies.

Read moreRBI to conduct special repo of Rs 6,000 crore

Aurobindo Pharma has received two approvals from Swissmedic, Government of Switzerland for the license of Amlodipine APL 5mg and 10mg tablets and Metformin APL 500mg, 850mg and 1000mg tablets.

Amlodipine APL 5mg and 10mg tablets fall under the Cardio Vascular Disorder (CVD) therapeutic segment and is indicated for the treatment of angina pectoris and mild to moderate hypertension, alone or in combination with other antihypertensives.

Read moreAurobindo receives Swissmedic approvals for Amlodipine Besylate, Metformin

Tata Consultancy Services, which has been appointed by the Centre to implement the ‘Passport Seva Project’, stated that implementation of the project at six pilot locations has been delayed because the ministry of external affairs did not make available the Disaster Recovery Site. The IT major hopes to roll out the project at the six pilot locations by October this year.

Read morePassport Seva Projec’ at six pilot locations delayed: TCS