The Hindu Business Line : Friday, September 12, 2003

Pentasoft Tech board approves pref allotments
PENTASOFT Technologies Ltd will allot 20 lakh equity shares of Rs 10 each to Vijay Advertising Pvt Ltd, Chennai. The company will also allot 20 lakh equity shares of Rs 10 each to Forsee Traveis and Tourism Services Pvt Ltd, Chennai, on ... More

OUTSOURCING

Sutherland plans expansion
THE US-based Sutherland group, a customer management company in the business process outsourcing sector, is expanding its Indian operations by over 1,500 employees in 3-6 months. Within 18 months of setting up operations in the country, the ... More

TELECOMMUNICATIONS

DoT, cell operators spat over `local direct dialling'
FRESH trouble has ensued between the Department of Telecommunications (DoT) and the private cellular operators over the "local direct dialling" facility that they are providing. This facility allows their roaming subscribers to cut down on the ... More

Hutch hopes on expansion in AP
VISAKHAPATNAM: Hutchison Essar has invested over Rs 500 crore so far in Andhra Pradesh on network expansion and hopes to make rapid strides in the next one year by enrolling one lakh subscribers out of million subscribers in the State, Mr ... More

SOFTWARE

Finacle `most scaleable tool'
INFOSYS Technologies' core banking solution Finacle has emerged as the world's most scaleable open systems-based core-banking solution in an HP benchmarking exercise. Finacle broke all hitherto published benchmarking results for core banking ... More

Jurong to develop iLabs corporate office
ILABS, a technology incubation company promoted by Mr Srini Raju, who was director on board Satyam Computer, has teamed up with the Singapore-based Jurong Group to create two technopolis in Hyderabad. The Chairman of iLabs, Mr Srini Raju, said ... More

Maples centre at Hyderabad
HYDERABAD: Maples ESM, a consulting company focussed on Enterprise Systems Management, has announced its foray into Hyderabad aimed at providing training and consulting services in managing operating systems, databases, networks, and ... More

MERGERS & ACQUISITIONS

Srini Raju, partners get controlling stake in Sify
The consortium holds about 34 per cent stake now, while Satyam Computer's stake has been brought down from 52.5 per cent to about 35 per cent. More

TRENDS

Tech spending up in US; ripple-effect not yet here
"The numbers released by the Commerce Department in the US would take time before they were translated into increased opportunities for Indian software companies. There is always a lag time in these cases." More

NEW PRODUCTS & SERVICES

Bahwan CyberTek launches Cuecent suite of tools
THE Oman-based IT firm, Bahwan CyberTek, plans to double its employee strength to about 500, mostly in India, in a couple of years. The company also plans an additional investment of about $5 million in India, mainly in Chennai, on ... More

Wireless projector from Genesis
THE US-based InFocus' LP 120, the world's first wireless-ready smart, personal projector, has hit the Indian market, courtesy Genesis IT Innovations. Aimed at the mobile professional, the less-than-a-kg projector is wireless-enabled, according ... More