The Hindu Business Line : Saturday, December 20, 2003

Lehman may outsource more work to India
LEHMAN Brothers could double the number of Indian workers who handle its computer operations, despite the firm's recent decision to stop outsourcing its computer help desk to India. The New York financial services firm last year hired Wipro and ... More

TELECOMMUNICATIONS

Sterling Infotech buys RPG Cellular
THE Sterling Infotech group of Mr C. Sivasankaran today announced that it had bought out the RPG group's 79.24 per cent stake in RPG Cellular Services Ltd. The deal is expected to be worth about Rs 210 crore, although both the groups declined to ... More

Hutch cuts roaming rates in AP
HYDERABAD: Hutch, a cellular service provider in Andhra Pradesh, has announced a drop in roaming tariff for post-paid subscribers. Hutch's new roaming initiative works out to Re 1 per minute for incoming calls when a Hutch AP post-paid ... More

INFRASTRUCTURE

Kumar Builders setting up integrated IT campus in Pune
PUNE's growth in the information technology and IT-enabled services sector and the resultant boom in properties development has seen yet another builder, the city-based Kumar Builders, coming up with an integrated IT campus which will meet every ... More

HARDWARE

MosChip allots shares to Verasity
HYDERABAD: The board of directors of MosChip Semiconductor Technology Ltd has approved the allotment of 61.77 lakh shares to the erstwhile members of the US-based Verasity Technologies Inc, at Rs 31 per share, including a premium of Rs ... More

SOFTWARE

SSI board meets today to discuss tech business restructuring
SSI Ltd on Friday informed the stock exchanges that it has convened a meeting of its board of directors on Saturday (December 20) to "consider restructuring of the technologies business of the company given the changed environment in the IT ... More

JP Mobile eyes acquisitions
According to the CEO, one way to leverage the rapidly growing wireless application market is by acquiring companies that provide the right strategic fit for the company. More

Fortune nod for pref allotment
MUMBAI: Fortune Informatics Ltd has informed the Bombay Stock Exchange that its board, at a meeting held on Friday, has considered and passed the resolutions relating to the following issues to be placed before shareholders: Issuing ... More

OFF-SHORE DEVELOPMENT

Turin plans centre in Bangalore
TURIN Networks Inc, a developer and supplier of multi-service optical transport platforms for telecommunications carriers worldwide, has announced the setting up of its development centre in Bangalore. The company is looking at investing about $2 ... More

IT-ENABLED SERVICES

Pact for call centre training
CHENNAI: The Supersight Group, with operations in the IT-enabled services sector in the city, has formed a joint venture with the City of Sunderland College of the UK to offer call-centre training. Addressing the press, Mr Alasdair ... More

OUTLOOK

Zenith Computers optimistic of 40 pc growth this fiscal
ZENITH Computers Ltd, the Mumbai-based personal computer (PC) maker, on Friday said its revenues would grow 40 per cent this fiscal to touch Rs 300 crore as sales of PCs soar. "We expect to sell about one lakh PCs this year. We have already ... More

Acer sees over 100 pc increase in turnover
The company, which set a target of Rs 320 crore for 2003, had beaten it by the end of the third quarter following major wins in the e-governance space. More

PEOPLE

New Vice-President for Aztec Software
AZTEC Software & Technology Services Ltd has appointed Mr B.D. Goel as Vice-President (Solutions). As V-P Solutions, Mr Goel's role will be to help Aztec execute its strategy to leverage IP and technology service capabilities and create a ... More

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