INFO-TECH
TELECOMMUNICATIONS
Made in India, mobile MNCs' new call
LARA Croft in Tomb Raider may not cut much ice with your cell-phone toting neighbourhood delivery boy even if his handset were to sport it. To the growing tribe of Indian mobile phone users, playing `Makhan Chor' on the mobile would make ...
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Nokia to set up CDMA research unit in Mumbai
NOKIA has announced it will start a CDMA research and development facility in Mumbai. "The establishment of such a facility in India testifies to our long-term commitment to this region," said Mr Soren Peterson, Senior Vice-President and ...
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New Escotel Zone opened in Kerala
THIRUVANANTHAPURAM: Escotel Mobile Communications opened a new outlet of Escotel Zone, the customer care and service network, at East Fort here. Mr Ganesh Kumar, Member of the Legislative Assembly, inaugurated the facility that seeks to ...
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Reliance Info ties up with Baazee.com
RELIANCE Infocomm Ltd has tied up with an online e-commerce site, Baazee.com, to provide mobile bidding facility to its subscribers. Baazee.com will display a new showcase of products exclusively available for Reliance IndiaMobile subscribers ...
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Airtel launches GPRS, MMS facilities in Maharashtra and Goa circle
MOBILE services provider AirTel on Wednesday launched the first GPRS network in the Maharashtra and Goa circle. Riding on the GPRS network, the company also announced the launch of its multimedia messaging service (MMS), which will allow its ...
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INSIGHT
Competitive advantage in telecom — Beam them stronger and clearer
Though the cellular service segment was one of the earliest to go in for call centres and adopt customer relationship management programmes, the service quality is still far from the benchmark levels.
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SOFTWARE
Patni posts 36% rise in Q1 net
PATNI Computer Systems has reported a 36.09 per cent increase in its consolidated net profit for the first quarter ended March 31, 2004, the appreciating rupee reducing its dollar earnings growth from the level of 49 per cent. Net profit for ...
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Euronet chosen for national switch project
THE Institute for Development and Research in Banking Technology (IDRBT) has chosen Euronet Services India Pvt Ltd as the turnkey solution provider for implementing a national switch that will enable ATM connectivity among various banks. ``The ...
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KPIT Info Q4 net doubles
ACQUISITION of Panex Consulting, an increase in net profit and a jump in total income is how the Pune-based KPIT Infosystems Ltd has completed the fiscal year 2003-04. It has also recorded a net profit of Rs 4.59 crore for the quarter ended March ...
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Infotech revenue up 16 pc, net dips
INFOTECH Enterprises recorded revenues of Rs 187.47 crore during 2003-2004, a 16.2 per cent increase over the Rs 161.30-crore in the previous fiscal. The profit after tax was down at Rs 9.01 crore compared to Rs 14.91 crore in the previous ...
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Subex to raise $20 m
BANGALORE: Telecom software maker, Subex Systems, said on Wednesday that its board of directors would meet on April 30 to discuss raising up to $20 million. The board will consider raising the funds by way of foreign currency ...
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Allahabad bank to deploy core banking solution
ALLAHABAD Bank is putting in place a core banking solution that will involve one hundred branches by March next year. Other branches will be covered subsequently. The bank, according to Mr O.N. Singh, CMD, is working out a technology plan that ...
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INTERNET
Zee interactive plans strategic changes for turnaround
ZEE Interactive Learning Systems, determined to turnaround from a loss making company, has opted for a strategic change in its offerings in the education segment. "There is a changing demand in the market and we have decided to cater to those ...
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Rediffmail services resume
HYDERABAD: Rediff.com India Ltd has announced the re-launch of its range of paid and free Rediffmail services with enhanced security and feature-rich add-ons that would help over 25 million registered users. The new-look free Rediffmail, ...
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MERGERS & ACQUISITIONS
Medusind buys SRF Infotech
CHENNAI: Medusind Solutions, healthcare business service provider, has acquired SRF Infotech, a healthcare outsourcing business of SRF Ltd, for Rs 3 crore. Medusind will acquire the management and business assets of the Chennai-based ...
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OFF-SHORE DEVELOPMENT
Unisys Corp to set up $180-m India centre
THE US-based Unisys Corp on Wednesday announced its plans to invest $180 million over five years in setting up a development centre in Bangalore. The company, which is already working with several Indian vendors, plans to hire about 2,000 ...
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BROADBAND
Intel in talks with BSPs
CHENNAI: Intel Technology India Pvt Ltd is talking to various Indian broadband service providers (BSPs) to jointly work in enhancing personal computer penetration in the country. For instance, BSPs can bundle personal computers having ...
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VENTURE CAPITAL
Virtusa raises $20 m in Series D funding
VIRTUSA Corporation, the Massachusetts (US)-based software solutions provider with development centres in India and Sri Lanka, has announced it has raised $20 million in its Series D round of financing. This funding was led by Focus Ventures ...
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