Industry News
- Rubber witnesses steady trend
- Rubber witnesses steady trend
- MSC.Software is Selected by Leading Global Business and Information Technology Company
Rubber witnesses steady trend
Kottayam: Physical rubber was firm on Feb 25. RSS 4 continued to be traded at Rs 101 a kg at Kottayam but the grade was slightly better by 25 paise at Rs 101.25 a kg at Kochi. RSS 3 firmed up by 13 paise to Rs 113.89 a kg at Bangkok. The rubber futures finished better on NMCE. The March futures increased to Rs 101.99 (Rs 101.42), April to Rs 104.75 (Rs 104.19), May to Rs 106.55 (Rs 105.97) and June to Rs 108.50 (Rs 108) per kg for RSS 4.The outstanding positions were 4,131 (4,230) tonnes in March, 1,912 (1,854) tonnes in April, 711 (711) tonnes in May and 285 (246) tonnes in June. The volumes were 1,081 (385) tonnes with 384 (169) tonnes in March, 536 (105) tonnes in April 78 (28) tonnes in May and 83 (83) tonnes in June.
Kerala to add 1,00,000 IT professionals
Thiruvananthapuram: Home Minister Kodiyeri Balakrishnan told Kerala's legislative assembly that the IT sector would create 100,000 new jobs in the state in the next three years. Balakrishnan was replying to questions raised in the assembly because Chief Minister V.S. Achuthanandan, who holds the IT portfolio, was away in Delhi.
Currently there are IT parks in Thiruvananthapuram and Kochi. A total of 17,000 work at various IT companies in Technopark here and another 10,000 at Infopark in Kochi.Besides the expansion of Technopark, the state government is also acquiring 204 acres to set up Technocity near Technopark.
MSC.Software is Selected by Leading Global Business and Information Technology Company
MSC.Software, the leading global provider of enterprise simulation solutions, including simulation software and services, today announced that Satyam, a leading business and information technology services provider has selected MSC.Software's suite of engineering simulation software including MSC Nastran and Patran, to enable its virtual product development process.Satyam is a revolutionary organization where simulation has become indispensable for all areas of engineering analysis and design, said David Yuen, Vice President, MSC.Software Asia Pacific. The company uses MSC.Software's simulation tools to bring a forward thinking approach to the engineering process, allowing them to use engineering to improve business efficiency and control cost. Through this integrated approach, Satyam is able to achieve information transparency across the organization and enhance end- user relationships by empowering their employees.Satyam is using MSC.Software products to perform analysis that ranges from simple components to complex structures and systems. This enables Satyam to assess many functional aspects of the products such as structural response to various working loads and boundary conditions that are applied during operation. To maximize the return on this powerful engineering technology, Satyam continuously plans, measures and evaluates its business impact. This has enabled Satyam to improve its product development efficiencies, accelerate new product introductions, and reduce time-consuming redesign cycle periods from weeks to days.
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