Fortis Healthcare to set up cardiac centre in Dehradun for Rs10 crore

Fortis Healthcare plans to set up a cardiac centre at Dehradun under public private partnership with the Uttarakhand government at an investment of Rs10 crore

Fortis Healthcare Ltd said it plans to set up a cardiac centre at Dehradun under public private partnership with the Uttarakhand government at an investment of Rs10 crore.

The facility at Deen Dayal Upadhyaya (Coronation) Hospital would be the first comprehensive cardiac care facility in Dehradun, and will be operational by November 2011, Fortis Healthcare said in a filing to the Bombay Stock Exchange.

"We are pleased to join hands with the government of Uttarakhand and look forward to serving the people of the state in our distinctive patient centric manner," Fortis Healthcare regional director Ashish Bhatia said.

Under the terms of agreement, Fortis will invest in infrastructure and technology as the hospital building is already provided. The initial phase of contract will be for a period of 10 years, the company added.

Commenting on the occasion government of Uttarakhand DG Health Services Asha Mathur said: "We are confident that the people of Dehradun will benefit immensely and will improve the healthcare ecosystem in the city."
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The proposed facility will have Cardiac Care Unit, cath lab, cardiac OT, non invasive diagnostic lab and intensive care unit for the cardiac surgery, Fortis said.

"The addition of this facility takes the Fortis network to a total of 55 hospitals with over 8,000 beds across the country," it added.

On Tuesday, Fortis Healthcare ended 0.46% up at Rs152.15 on the Bombay Stock Exchange, while the benchmark Sensex gained 1.19% to 18,439.65.

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Tata Steel to install new line at German service centre

Tata Steel plans to install a new line to double the slitting capacity of its service centre at Gelsenkirchen in Germany

Tata Steel Ltd plans to install a new line to double the slitting capacity of its service centre at Gelsenkirchen, in Germany.

Service Centre Gelsenkirchen GmbH currently operates one slitter and one cut-to-length line and the output is largely destined for the automotive industry. The second slitting line, together with the associated expansion of the Gelsenkirchen site, will cost 8.6 million euros.

The new line will have a capacity of 140,000 tonnes per annum, almost double the site's existing slitting capacity. The new slitter will be able to process coil in thicknesses of 0.4-4mm and width up to 1,650mm. It is due to come onstream by early 2012.

Service Centre Gelsenkirchen general manager Jochen Hoefges, said: "Our strategy toward the automotive sector is to increase the volume and technical innovation of the products we offer. The Gelsenkirchen investment is an example of this ambition and will further strengthen Tata Steel's downstream capability to serve this specific sector."

"The new slitting line will raise the service centre's capacity as well as its product portfolio, establishing an Automotive Centre of Excellence. The line is designed to process advanced and ultra high strength steel (AHSS and UHSS) grades, matching the growing demand for more advanced automotive products," he added.

Service Center Gelsenkirchen GmbH was established in 2000 and is part of Tata Steel's European distribution network.

About 90% of its throughput serves the automotive industry. The facility's capacity is 225,000 tonnes per annum at present, including 155,000 tonnes per annum of slitting capacity and 70,000 tonnes per annum of cut-to-length capacity.

On Tuesday, Tata Steel ended 1.94% up at Rs614.55 on the Bombay Stock Exchange, while the benchmark Sensex gained 1.19% to 18,439.65.

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Sonata Software launches car rental management service

According to Sonata Software, MilEdge is developed to support all stages of car rental operations, from front counter control to back office management, thereby creating a cohesive business environment

IT consulting and software services provider Sonata Software Ltd said it has launched car rental management system-'MilEdge'.

Designed for large and medium car rental organisations and auto-leasing companies, MilEdge is a PCI DSS compliant comprehensive web-based solution, Sonata said in a statement.

It is developed to support all stages of car rental operations, from front counter control to back office management, thereby creating a cohesive and efficient business environment, it added.

"MilEdge has been designed to provide quick and easy solution to the car rental businesses, helping them to streamline their operations, respond quickly to the market fluctuations and grow their business faster," Sonata Software head (travel, transportation & logistics business) Mahesh Shastry said.

MilEdge consists of modules from customer enquiry to vehicle purchase, fleet management, bookings, rental agreements, transfers, feet movement tracking and payments. The solution also supports handheld devices like PDAs for counter and operations users to track vehicle movements and fuel dispensing from in-house fuel stations.

On Tuesday, Sonata Software ended 3.19% up at Rs33.95 on the Bombay Stock Exchange, while the benchmark Sensex gained 1.19% to 18,439.65.

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