The Hindu Business Line : Friday, October 24, 2003

Award for Network Solutions
BANGALORE: The software global business unit of Hewlett Packard India has selected Network Solutions, the Technical Champion of the Year 2003. The annual award given at its recent annual HP Open View Channel Partner Summit, is in ... More

TELECOMMUNICATIONS

Telecom service members told to seek mass transfer
THE Indian Telecom Service Association (ITSA) has given a call to its members to seek mass transfer out of Mahanagar Telephone Nigam Ltd and Bharat Sanchar Nigam Ltd and into the Department of Telecommunications protesting that the Public ... More

Agro Tech signs deal with Reliance India to promote Sundrop
AGRO Tech Foods Ltd, a leading player in the edible oils and branded foods sector, has entered into a marketing tie-up with Reliance India Mobile offering a special scheme for the consumers of its Sundrop oil. Under the scheme, a customer, who ... More

Tata Indicom cuts ISD rates
TATA Indicom has announced a reduction of up to 70 per cent in its international long distance tariffs for calls to the US, Canada and Europe. The tariffs are effective from Saturday midnight, for a period of one month. Tata Indicom mobile ... More

AirTel launches special plan
HYDERABAD: Making the acoustically challenged mobile, AirTel has launched a special plan providing unlimited SMS at Rs 99 a month. The leading cellular company will not charge any activation fee, according to Mr K. Srinivas, Chief ... More

FINANCIAL PERFORMANCE

Satyam Q2 net up 24 pc at Rs 148 cr — Guidance revised upwards
SATYAM Computer Services Ltd has registered total income of Rs 636.08 crore and a net profit of Rs 147.59 crore for the second quarter ended September 30, 2003, as against total income of Rs 505.05 crore and a net profit of Rs 118.90 crore for ... More

Bharti Tele Q2 net up at Rs 93 cr
BHARTI TeleVentures Ltd has recorded a net profit of Rs 93 crore during the second quarter of this fiscal as against a loss of Rs 129 crore during the corresponding period in the previous year. As per the unaudited results of the company, while ... More

Satyam Computer rides on good offshore earnings
BOLSTERED by a combination of strong revenue growth and higher other income, Satyam Computers has recorded a good performance for the second quarter ended September 30, 2003. The per share earnings (excluding extraordinary gains) of Satyam at ... More

VisualSoft posts 18 pc rise in Q2 net
VISUALSOFT Technologies Ltd has registered a 21.62 per cent growth in income and a 17.84 per cent in net profit for the second quarter ended September 2003, in comparison to the corresponding quarter of last year. The company recorded total ... More

Blue Star Q2 net up 22 pc
SOFTWARE services provider Blue Star Infotech Ltd (BSIL) has registered an 18 per cent growth in its consolidated revenues at Rs 24.79 crore and 22 per cent rise in net profit at Rs 5.36 crore for the second quarter ended September 30, 2003, over ... More

HARDWARE

`Chip sector to grow by 18.5%'
NEW DELHI: The semiconductor industry in the Asia-Pacific region is expected to grow by 18.5 per cent to $68.2 billion in 2003, fuelled by strong growth in China and South Korea, according to Gartner Dataquest, a technology market research ... More

SOFTWARE

Satyam plans to recruit 3,000 this year
SATYAM Computer Services Ltd has reworked its plans to strengthen its total number of associates based on the positive business traction. It is set to recruit about 3,000 associates this fiscal against its earlier plans to add about ... More

PeopleSoft bags Inmarsat order
BANGALORE: PeopleSoft Inc announced on Wednesday that Inmarsat Ltd, the global satellite communications provider, has selected PeopleSoft Enterprise Customer Relationship Management (CRM) for its new Broadband Global Area Network. ... More

Cordys tech for Viceroy Homes
HYDERABAD: Cordys, formerly Vanenberg Asia, a provider of real-time enterprise solutions, has extended its technology tools that have enabled Viceroy Homes, a Canadian company engaged in pre-engineered housing, to achieve improvement in ... More

IT TRAINING

Computer literacy programme

HUMAN RESOURCES

Blow your whistle & drum up support — Wipro style
MR Anurag Behar and five others at Wipro have a demanding task on hand. As ombudspersons, they have to field serious concerns that may amount to whistle-blowing as well as respond to communiqués such as `so-and-so is an ineffective manager,' or ... More

MERGERS & ACQUISITIONS

IBS acquires Honeywell unit
IBS Software Services, a provider of software solutions to the global travel, transportation and logistics (TTL) sector, has announced the acquisition of Avient Technologies (Avient), a business unit within Honeywell Aerospace UKInternational, ... More

ALLIANCES & JOINT VENTURES

AIG, Polaris sign global agreement
AMERICAN International Group (AIG), the US insurer, has extended its relationship with Polaris Software Lab in the September 2003 quarter by entering into a Global Master Agreement with it. Through the agreement, AIG would use Polaris's OrbiOne ... More

EVENTS

Toonz animators' meet from Nov 4
TOONZ Animation India is hosting the fourth edition of the "Week With The Masters" (WWTM) animation celebration during November 4 to 7. Some of the biggest names in the entertainment industry and the media worldwide would be attending the ... More

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