'This is fantastic news for us and a validation of all the efforts that have been put into making our network and services the best in the industry,' said Anil Sardana, managing director Tata Teleservices.

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Credit Bureau launches risk management tool

Kolkata: The Credit Information Bureau (India) Ltd (CIBIL) Monday announced the launch of CIBIL Locate Plus - a risk management tool.

CIBIL Locate Plus would help member banks to enrich their customer contact information to enhance efficiency of the collections process, improve customer contactability and achieve better bottomline results.

CIBIL Locate Plus reports would provide comprehensive information such as customer identification details, customer contact addresses along with the reported dates.

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Ultra Motor launches two electric scooters

New Delhi: Britain-based electric vehicle manufacturer Ultra Motor Co Monday launched two new electric scooters - Ultra Fun and Ultra Shakti.

Both models are powered with low speed vehicle 250W geared motor and designed for hilly terrains, the company said in a statement.

'Ultra Fun and Ultra Shakti are clean, gasoline-free transportation alternatives for thousands of short trips Indians take every day,' said K.K. Bhan, chief executive of Ultra Motor India.

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Parsvnath launches Saharanpur project

New Delhi: Realty major Parsvnath Developers has started work on its Rs.350-crore township, Parsvnath City, in Saharanpur, Uttar Pradesh.

The township will be spread over 107 acres and will offer independent floors at 'affordable' prices starting from Rs.9.5 lakh, the company said.

The project is expected to be completed in two years.