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Saturday, April 17, 2004

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INFO-TECH

OUTSOURCING
Spectramind, peers in `no-hiring' pact
WIPRO Spectramind, the business process outsourcing and call centre arm of Wipro Ltd has signed "no hiring" pacts with nine BPO and call centre firms to stem the attrition rush, Wipro Spectramind Chairman, Mr Raman Roy, has said. "It's not ... More

STOCKS
FII holding in Satyam down
THE foreign share holding in Satyam Computer Services Ltd has come down by a little over 3 per cent with FIIs (foreign institutional investors) paring their exposure in the company scrip even as Goldman Sachs and HSBC Global picked up ... More

FINANCIAL PERFORMANCE
It's business as usual at Wipro
WIPRO Ltd wore its billion-dollar mantle lightly - as top management took a business-as-usual approach to the year's earnings announcements. With revenues from the global and Indian IT services business having crossed $1 billion during the ... More

Wipro: Good volume growth pays
THE combination of robust volume growth and better pricing environment have helped the Global IT Services and Products division of the diversified Wipro turn in a good performance for the second consecutive quarter ended March 31, 2004. Global IT ... More

Hexaware revenues rise 72 pc in Q1
HEXAWARE Technologies has reported a 72 per cent growth in revenues at Rs 114.3 crore for the first quarter ended March 31, 2004 compared to Rs 66.6 crore recorded during the corresponding previous quarter. Net profit at Rs 11.5 crore (Rs 1.7 ... More

HARDWARE
LG launches Centrino notebooks
Korean consumer electronics giant LG on Friday launched a range of notebook computers that come equipped with Intel's `Centrino' technology and longer battery life. The notebook personal computers would retail at prices ranging from Rs 99,000 ... More

SOFTWARE
Wipro sees steady operating margins
WIPRO Ltd expects to maintain its operating margins in the current financial year, tracking surging volumes, pricing stability, offshore drift and increasing utilisation. The company reported a three per cent rise in its fourth quarter pricing ... More

Wipro to appeal against I-T notice
WIPRO Ltd has provided for only Rs 30 crore in its books against the Rs 261.4-crore income tax slapped against the billion-dollar software exporter. "We believe that the charge is not sustainable," Mr Suresh Senapaty, Chief Financial Officer, ... More

Future is in packaged software implementation
As per estimates from global research organisations and analysts, the packaged software implementation and support is one of the largest segments of the IT services market, accounting for 15 per cent of the total global IT spending. More

HP finds India attractive
HP is actively increasing outsourcing of manufacturing and other related jobs to the APAC region, including India. More

  • i-flex tool for Dutch bank

    SECURITY
    C-DAC to help Centre in cyber forensics drive
    THE Centre for Development of Advanced Computing (C-DAC), Thiruvananthapuram, will occupy a pride of place in the Government's plans aimed at formulating guidelines for search and seizure of digital information for being produced as evidence in a ... More

    E-GOVERNANCE
    IBM expertise for NISG project
    THE National Institute of Smart Government (NISG) and IBM India have signed a Memorandum of Understanding (MOU) to promote e-Governance at the national level. This move will help India to develop different e-Government applications using open ... More

    BONUS ANNOUNCEMENTS
    Billion-dollar Wipro hands out 2:1 bonus — One-time dividend of Rs 25 per share; 17 pc rise in Q4 net, revenue
    INFOTECH major Wipro Ltd on Friday topped market estimates and its guidance to record 17 per cent quarterly profit growth of Rs 274.3 crore while revenue grew 17 per cent to touch Rs 1,521.4 crore. The company also exceeded the billion-dollar ... More

    STANDARDS & BENCHMARKS

  • Infinite gets CMM Level 5



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