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Monday, Jun 14, 2004

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Looking Back

June 12

  • Tata Sons to get Rs 2,300 cr from TCS.

  • TCS scores over Infosys on return on net worth.

  • Exports from STPI-H cross $ 1 billion mark.

  • TeleTech to expand operations.

  • Quantech expands India business, eyes Asia-Pacific region.

  • CompuCredit, Allsec expand ties.

  • Analog Devices' platform for convergence apps.

  • PC sales to grow faster in A-Pac: IDC.

  • Barely a third of outsourced jobs leaves US shores: US Labour Dept.

  • MS, IBM to enter business software segment, says witness in Oracle trial.

  • Curbs on H1B to hit future prospects: TCS.

  • SCO posts loss.

  • GE accounts for 19 pc of TCS' revenue.

  • Reliance may take over NIS Sparta.

  • Wipro takes customers' staff on payroll; Vivek Paul to continue as VC; dividend payout cleared.

  • OfficeTiger forms JV with Hildebrandt.

  • COAI wants extension of tax holiday for unified access licences.

  • Telekom Malaysia-STT may invest $ 400m in IDEA.

  • Global private equity major Warburg Pincus to dilute part of its 18 per cent stake in Bharti Tele-Ventures Limited.

  • TCS IPO to come off with flying colours, feel experts.

    June 11

  • TCS files draft prospectus for IPO; 5.5 cr shares on offer; face value of Re 1; provision of greenshoe option.

  • TCS offer could spur shuffle in other IT stocks; IHCL intends to divest TCS shares.

  • Indian IT salaries among the worst in the world: Mercer study.

  • Pinnacle Info is now Accurum; to hire 1600 people in India this year.

  • Nasscom sees security as USP.

  • Wipro facility in Kerala soon.

  • Netkraft deal to close by July.

  • IDEA completes Escotel buy.

  • PeopleSoft to raise India headcount.

  • Sub 40k notebook from HP.

  • TCS offer may spur more IT, ITES offers.

  • ChrysCap planning $ 200m fund.

  • MFs to spurn Citi offer on e-Serve buyback; may demand price band of Rs 950-1000.

  • Accenture barred from security contract bid since firm is not based in US.

  • Domestic BPO market begins grow.

  • WPP group in $ 100m BPO deal with WNS.

  • Mauritius may wrench BPO initiative.

    June 10

  • Tata Sons to set up BPO arm; SerWizSol aims at top five slot in 5 years.

  • Adea set to buy NetKraft for $ 8m.

  • Nasscom summit highlights infrastructure needs of BPO sector; says Karnataka is No 1 BPO hub.

  • WestBridge, others invest $ 4m Astra Business.

  • Fixed line billing way below norms:TRAI.

  • Asian govts drive Linux server sales.

  • Tech independent phone talks to both GSM and CDMA networks.

  • Laptops now compete with PCs on price.

  • BT to cut jobs with an eye on savings of 1b pound sterling.

  • Convergys may be the loser in IBM-Daksh deal.

  • Sierra Atlantic enters software testing.

    June 9

  • Flextronics to buy 55 pc stake in Hughes Soft for $ 226.

  • WNS Group tops BPO rankings; displaces Spectramind at No 1 slot.

  • Linux saves a lot on desktops; turning attractive for servers too.

  • MTNL likely to bid for Rwanda Telecom.

  • India tops offshore index by wide margin.

  • Shell jobs coming to India
  • MS, SAP discussed merger last year.

  • Phone subscribers up 15 lakh in May.

  • ICRA's Kolkata BPO unit readies diversification plan.

  • Wipro Info in rejig following flat PC sales.

  • STT-Telekom Malaysia's Idea bid under lens since Singtel owns shares in STT as well as in Bharti, a major Indian telecom player.

  • IT firms get DCA breather on staff salary disclosure.

    June 8

  • TRAI asks operators to submit call trafffic data.

  • i-flex , Brazilian co in pact.

  • Allied Digital in JV with Lanka co.

  • VCL order book set to spur Tata Elxsi growth.

  • D-Link Mauritius buys stake shares in Indian entity.

  • Idea posts lower loss at Rs 235.7 cr.

    June 7

  • Defence sector lagging behind in IT security.

  • IISc, Stanford support tech start-up in the area of 3D compression.

  • LG weighing options on handset unit.

  • Cranes Software ropes in top FIIs through $ 12m GDR.

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