Sasken plans development center in Mexico
Sasken Communication Technologies Ltd has announced its plans to set up its international Development and Support Center in Nuevo Leon in Mexico, where it a wholly owned subsidiary, Sasken Communication Technologies Mexico.
Sasken Mexico’s 12,000 sq ft development and support centre in Monterrey, in the Apodaca Industrial Park will be able to accommodate 100+ engineers. The process for hiring the required engineers has already been initiated. The facility will be operational by the end of the first quarter of 2006. This center will focus primarily on Embedded System Software Development.
“Mexico has excellent infrastructure and its advanced technical education system, backed by support from Nuevo Leon Government, provides a favorable climate for an industry-academia partnership. Sasken’s new facility will provide an opportunity for local engineers to work on projects hitherto unavailable; these will primarily be in the embedded software domain, and with customers who are world leaders in telecom and next-generation wireless technologies,” said Rajiv Mody, chairman & CEO, of the company.
More: ciol.com
Sasken to open support centre in Mexico
Sasken Communication Technologies Ltd has announced that the company will launch its international development & support centre in Nuevo Leon in Mexico, where it has just established a wholly owned subsidiary Sasken
Communication Technologies Mexico. Sasken Mexico's 12,000 sq ft development and support centre in Monterrey, in the Apodaca Industrial Park will be able to accommodate over 100 engineers, the company informed the BSE.
U21Global MoU with IIM(B) outfit
Online gradute school Univesitas 21 Global (U21Global) has signed a memorandum of understanding with N S Raghavan Centre for Entrepreneurial Learning (NSRCEL) of the Indian
Mexico: Training Center Helps Teenage Mothers Care for Children
In Mexico City, one of the world's largest cities, where more than 22 million people reside, the Adventist Development and Relief Agency (ADRA) is providing hope to a small group of adolescent mothers and children.
ADRA Mexico recently opened a training center in the community of San Rafael to teach these mothers, ages 11 to 17, the sewing trade so they can earn money to support their children. The center was inaugurated Dec. 15.
"Our primary objective was to bring some hope to [this] group of girls who had been kicked out
Rita Becomes Hurricane as It Heads for Gulf of Mexico (Update1)
Rita strengthened into a hurricane as it headed toward the Gulf of Mexico, threatening to hit the coasts of Texas and Louisiana by this weekend.
Rita is forecast to pass the lower Florida Keys by midday and head into the warm waters of the Gulf, the National Hurricane Center said. It will gain power as it moves over the warm water, and will be a so-called Category 3 storm with winds of at least 111 mph when it reaches the Texas coastline by the weekend, center meteorologist Chris Sisko
Volkswagen plans to build new model at Mexico plant
Volkswagen AG, Europe's largest car maker, plans to build a new stationwagon in Mexico from the end of 2006, but with output planned at below capacity, the vehicle will not require a new plant.
Francisco Javier Garcia Sanz, VW's (VOWG.DE: Quote, Profile, Research) global head of purchasing, said on Tuesday that Volkswagen had selected Mexico to be the sole producer of the Jetta stationwagon, known in Europe as the Golf stationwagon.
Otto Lindner, chairman of Volkswagen Mexico, said the plans for the new vehicle were part of the company's previously stated $2
Brazil's low-fare airline Gol on Tuesday said it plans to establish a partnership with Mexico's Inversiones y Tecnicas Aeroportuarias SA, to launch a low-cost airline in that country.
The new airline could begin flying in the first quarter of 2006, Gol Linhas Aereas Inteligentes SA said in a statement. The two partners plan to draw up a shareholders agreement in the next few months, and will then seek licenses from Mexican authorities, Gol said.
"Through our Mexican partnership we are planning to introduce a low-cost company in Mexico, to contribute with the development of local industry," Gol's president, Constantino de Oliveira Junior,
Shorts' Mexico plan slammed
A trade union leader today described plans by Bombardier Aerospace to develop a new plant in Mexico as a "veiled threat" to the workforce at Shorts, Belfast.
Peter Williamson, regional secretary of Amicus, said they were concerned that the project could ultimately lead to the outsourcing of work from Northern Ireland.
The issue is to be raised at a meeting in Belfast this week between Shorts and the Confederation of Shipbuilding and Engineering Unions.
Mr Williamson said: "We are concerned about this move by Bombardier and are monitoring the situation closely.
"While we accept that the factory in Mexico is at
Google Opens Offices in Mexico and Brazil
Brad Hill from the theunofficialgoogleweblog posts that Google has recently opened offices in Mexico City and Sao Paulo, Brazil. In July, we posted that Google had acquired San Paulo-based, Akwan Information Technologies and planned to open a research and development center there. Btw, the theunofficialgoogleweblog post also points out that Google is now trading at over $400/share. As I post this item, it's trading at $403.84, an all-time high.
More: blog.searchenginewatch.com
Wal-Mart and Li ka-Shing seen key to Mexico port expansion
Top retailer Wal-Mart Stores Inc. and Hong Kong magnate Li ka-Shing are key players in a $300 million expansion of Mexico's Pacific port of Lazaro Cardenas aimed at ensuring goods reach U.S. shelves, according to the U.S. railroad that serves the port.
"Wal-Mart and other retailers are looking for backup routes so that even if some ports face stoppages they have reliable backups," Michael Haverty, chief executive of Kansas City Southern , told Reuters at KCS headquarters here in a recent interview.
As part of current plans, he added, Wal-Mart may build a
ATP Apparent High Bidder on Gulf of Mexico Lease Block
ATP Oil & Gas Corporation (NASDAQ:ATPG) today announced it was the apparent high bidder out of three bids submitted to the Minerals Management Service (MMS) on Green Canyon Block 37 at the Central Gulf of Mexico (GOM) Offshore Lease Sale held on March 15, 2006 in New Orleans. If the block is awarded, ATP's financial outlay will be $3.3 million with the Company owning a 100% working interest and serving as operator of the property.
"ATP continues to follow a consistent strategy of acquiring for development properties that have already shown
Insurance plans send patients to Mexico
A more cost-effective health care plan for southern California's Latino workers has employees going south of the border to see a doctor.
Insurance companies say about 160,000 workers visit doctors in Mexico to take advantage of the low premiums and co-pays, the Los Angeles Times reports.
Some executives as well as farmers, service industry employees and municipal employees in San Diego and Imperial counties are enrolled in the insurance plans.
Although conditions aren't as pristine as major U.S. hospitals, patients have voiced little complaint and have reported doctors spend more time with them.
They also like to be
