INFO-TECH
OUTSOURCING
MphasiS BFL beats guidance — Net up 47 pc; plans 1:1 bonus, 30 pc dividend
IN the first of the earnings announcements from the IT sector, the MphasiS BFL group has declared a 47 per cent rise in net profit and a 35 per cent rise in revenues, exceeding its own guidance. Consolidated net profit for the year stood at Rs ...
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`US business houses opposed to curbs on outsourcing'
US business houses by and large are opposed to any curbs on outsourcing, as this was nothing but a "political proposal" in an election (Presidential) year. And the matter has become a political issue in the US, not allowing economics to work. ...
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TELECOMMUNICATIONS
Nokia equipment for Idea network
NOKIA and Idea Cellular Ltd have signed a $24-million agreement for the supply of GSM/GPRS network equipment and multimedia services across the country. With this deal, Nokia becomes the sole supplier of Idea's GPRS network. According to an ...
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AirTel plans to launch services in Assam soon
THE AirTel cellular footprint will be present in all States in eastern India and the North-East by the end of the year. Bharti Cellular Ltd has applied for a unified access licence to commence telecom services in Assam. The company has also ...
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Pre-paid cards for Tata Indicom landlines
TATA Teleservices Ltd has launched Tata Indicom PrePay service for fixed wireless phone (FWP) in Andhra Pradesh and Delhi circles. This service will soon be launched across other circles in select cities of Andhra Pradesh, Maharashtra, Gujarat, ...
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BPL Mobile plans expansion in Kochi
KOCHI: Anticipating further growth in the number of subscribers, BPL Mobile is setting up its second Main Switching Centre (MSC) here. According to an official press release here, the new MSC could support more than four times of ...
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New BSNL terminal stations in Mangalore
MANGALORE: Dakshina Kannada Telecom District of Bharat Sanchar Nigam Ltd has opened three more base terminal stations in Mangalore city. A press release here said the establishment of additional towers at Poonja Arcade in Hampankatta, ...
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AirTel's new payment facility
HARDWARE
ASUSTeK bets big on India
INDIA received a mere 0.1 per cent of the total 30 million motherboards shipped last year by Taiwan-based ASUSTeK Computer Inc. The company hopes to increase this substantially with the launch of its new product line. It has set a target of ...
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SOFTWARE
Infosys plans to recruit 500 in US — Floats consulting subsidiary in Texas
SOFTWARE major Infosys Technologies Ltd, which on Thursday announced it has floated its US consulting subsidiary, plans to recruit 500 professionals in the US over three years. It feels such job creations would defuse outsourcing backlash to ...
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iSoft to transfer Torex work to Chennai centre
THE UK-based iSoft Group will shift the software product development being done by Torex PLC to its Chennai centre, following Torex's merger with iSoft last year. Following this, about 170 Torex product developers will be transferred to other ...
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Zoniac sets up Indian arm in Chennai
The centre will act as the company's sales and support service for the entire country, according to Mr Guna Sankar, Chief Executive, Zoniac India, and co-founder, Zoniac Inc. It has about 30 employees and the number will be increased to about ...
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Geodesic gives future outlook
FCS Soft bags US order
SECURITY
`Protect Govt data on the Web'
CHENNAI: There is an urgent need to safeguard large volume of data that is available with government on the Web from various threats, including a virus attack or hacking, said Mr Vivek Harinarain, Tamil Nadu Information Technology ...
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ISPS
ISPs cry foul over BSNL `bias' on leased line charges
INTERNET Service Providers (ISPs) have accused Bharat Sanchar Nigam Ltd (BSNL) of adopting a "blatantly arbitrary" and "anti-competitive" stance as the telecom major has not extended its reduced leased line charges to other service ...
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BONUS ANNOUNCEMENTS
`Bonus shares by tech cos to have short-term impact'
WIPRO stocks are likely to rise on the back of its plan to consider a bonus issue of shares. However, the positive sentiment due to the bonus issue is likely to be in the short term since earnings momentum or P/E multiples will not be ...
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Wipro board to consider bonus issue
BANGALORE: Wipro Ltd has informed the BSE, NSE, and other listing authorities that its board is meeting on April 16 to consider the issue of bonus shares, recommending dividend and to consider and approve the audited accounts for the year ...
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STANDARDS & BENCHMARKS
CMM award for Satyam GE unit
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