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Monday, Jun 09, 2003

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Looking Back

June 7

  • Telecom licences made flexible; DoT paves way for industry consolidation.

  • Oracle offers to buy PeopleSoft.

  • Strong euro spells gains for BPO sector.

  • Polaris puts merger gains at Rs 16-20 cr.

  • Deloitte Consulting to double IT presence in India .

    June 6

  • ITES - it's money that's calling, not career options: Study.

  • IT-enabled services lead first-quarter recruitment.

  • DoT likely to make alterations to licence fee components.

  • Cypress sets up second centre; $15-m investment in Hyderabad facility.

  • Wipro, HCL win $40-m US deal.

  • Notebooks sales up 71 pc in March quarter.

  • Cell players' revenue set to fall: Crisil.

  • Philips India plans LCD computer monitor plant.

  • Sivasankaran buys out Vodafone in RPG Cell.

  • ChrysCap sees jackpot with TransWorks deal.

  • IT CEOs dare to fire foreign hires.

  • Intelenet centre calls on Chennai; to ramp up size to 1,000 professionals in a year.

  • CapGemini to up its India headcount.

  • Polaris, i-flex and Infosys top IT growth charts.

  • Restructuring at i2 Tech; staff cut 40 pc, more work for India.

    June 5

  • CDMA - Tata TeleServices officials arrested on charge of tampering with Reliance cell phones to offer Tata services.

  • Promoters to buy Bhagyanagar stake in Surana.

  • Accenture, IBM, H-P vie for BoB deal

  • Credence tool to help IOB in forex operations.

  • NIIT Tech bags $10-m US contract.

  • Basic players question TRAI tariffs.

  • Telesis raises Rs 4 cr.

  • Airtel sees upswing with new tariffs.

  • Intel COO to visit India.

  • H-P to look at bigger share of pie for growth.

  • Gartner sees slow recovery.

  • Dishnet sinks $1.2-b undersea cable project.

  • Patni plans IPO.

  • $50-m Digital Partners fund to help social entrepreneurs.

    June 4

  • BSNL looking at mobile handsets assembling.

  • SEC probe into IBM practices.

  • Software exports up 26 pc in 02-03; Karnataka leads.

  • GE volumes to software vendors seen growing.

  • Sify plans 3.6-4.6 m ADS issue.

  • BSNL to seek licence fee waiver afresh.

  • Software piracy hits six-year high in Asia.

  • Hughes Software close to acquiring Bangalore-based Tenet Tech.

    June 3

  • Bharti plans foreign float next year - to top $185 m raised domestically last year; aggressively looking at acquisitions.

  • Ramco board to discuss rights issue.

  • BPOs scramble for certification.

  • Idea to invest Rs 800 cr in five circles.

  • AP picks GTL and Tata Tele for e-initiative.

  • PeopleSoft to buy JD Edwards for $1.7 b.

  • i-flex to invest Rs 150 cr in two facilities.

  • Indian software market grows 19 pc to touch Rs 2,500 cr: IDC.

    June 2

  • Captive VSAT licence fee to be cut.

  • Gains in Europe, but US still mainstay for software cos.

  • TCS to set up Linux lab, ropes in IBM, CA.

  • Growing demand for info security skills.

  • HCL beats HP in market share.

  • Infy defers ADR plan till July.

  • ITES exports up 44 pc in 2002-03.

  • IBM introduces Linux-based PCs.

  • SSI Ltd to raise $100 m and Rs 10 cr from overseas and domestic markets; to merge education and training biz with Aptech Ltd.

  • India to account for 30 pc of Honeywell's global outsourcing.

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