HVL pays Rs 10 crore as licence fee

Hinduja Ventures today said its subsidiary Grant Investrade Limited (GIL) has paid Rs 10 crore as licence fee to the government for HITS service.
"Grant Investrade Limited, a wholly owned subsidiary of Hinduja Ventures Limited had paid Rs 10 crore towards the Licenses Fees for Headend-In-The-Sky (HITS) to Ministry of Information and Broadcasting (MIB)," Hinduja Ventures Ltd (HVL) said in a filing with the BSE.
GIL has been granted licence for providing cable TV services through HITS system.
HITS is a mode of delivering channels through a satellite multiplex service that enables customers to pick and choose channels.
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IDSA asks for conducive environment for more FDI * Indian Direct Selling Association (IDSA) today asked the government to create a conducive environment to attract more FDI in the country which will create more employment opportunities.

In a budget wish list, IDSA has asked government to give more encouragement to the micro, small and medium enterprises, in the coming budget, which manufactures essential consumer goods.
"We need to incentivise setting up of micro, small and medium enterprises in Tier II and Tier III cities to boost Trade and Commerce Activities in the region. It will create a competitive level playing field with other emerging economies," said IDSA Secretary General Chavi Hemanth.

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BITS Pilani partners with edX for open online courses * Birla Institute of Technology and Sciences, Pilani has partnered with edX, a non-profit, open source learning destination, to offer open online courses to reach out to students outside BITS.
It will leverage the platform offered by edX to enhance the learning experience of its own on-campus and off-campus students as well as offer MOOCs (Massive Open Online Courses) to reach out to students outside BITS.
"This partnership will enable BITS Pilani to enrich the learning experience of students enrolled in our on-campus and off-campus programs, as well as provide a platform to reach out to the world at large." BITS Pilani Vice Chancellor Bijendra Nath Jain said.

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ICSM starts full time MBA course
* The Institute of Corporate Sustainability Management (ICSM) has started a two year full time MBA course in Corporate Social Responsibility.
ICSM claims that this is the first time a higher learning course in CSR has been launched in South Asia. The institute is affiliated to University of Mysore and was accredited a grade 'A' by UGC.
"Being the first movers with ICSM, the students will be in an advantageous position in terms of jobs and growth in career," ICSM said.