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Monday, Jul 12, 2004

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Info-Tech - Events


Looking back

July 10

  • Price cuts: PC players waiting for the fine print; imports could well turn cheaper.

  • Mphasis Q1 net up 81 pc; to pay Rs 1.50 interim.

  • SingTel may raise stake in Bharti.

  • BPO tax issues remain unersolved: Nasscom.

  • Honeywell buys out Tatas in Indian JV.

  • Mobile growth plateaus at 13 lakh new subscribers per month.

    July 9

  • Budget: PC industry divided over effect of excise duty exemption on prices; CVD continues.

    July 8

  • TRAI mandates 6-month validity for all tariff plans.

  • Reliance acquires NIS Sparta.

  • Tele-density, Net connectivity low; policy thrust on spectrum, broadband must; IT's the major success story, says Economic survey.

  • Cell subscriber base up 1.3m in Jun 04: basic subscribers up 6 pc.

  • BPOs need cash subsidy on fresh hires to stay competitive: industry.

  • Satyam restates financials under US GAAP..

  • Software piracy hit $ 29b in 2003: BSA.

  • MS to cut costs by $ 1b this year: Ballmer.

  • Hutchison looks to India to offset 3G woes.

  • Big firms lap up Indian hi-tech cos in US.

    July 7

  • MAIT sees computer sales rising 27 pc; sales for last year touch 3m.

  • Idea to break even next quarter.

  • Sify acquires EAP; to offer assurance.

  • IBM Japan moves tech support job to Australia.

  • SEBI seeks clarification from TCS on IPO issue.

  • QualComm in talks with Spike Tech

    July 6

  • Tata Tele surrenders excess spectrum.

  • BSNL to recruit recovery agents.

  • Polaris files counter claim against Indonesian bank; arbitration proceedings to begin soon; Invests Rs 18 cr in subsidiaries.

  • Midas Comm to get $ 10m funding from Argonaut; to go public soon.

  • NIIT Tech to raise headcount by 800.

  • ACI to relocate notebook manufacturing facility from the UK to Gujarat.

  • JumpStartUP exits 4 IT firms.

    July 5

  • Cash in balance sheets stays high for IT firms.

  • Satyam's Raju says he's still at the high end of value chain even if package implementation contributes a good 26 per cent of revenues.

  • Biometrics unreliable: Japanese study with Indian empirical evidence.

  • Cognizant to invest rupee gains into operations.

  • BPO spend on data security seen at Rs 900 cr.

  • Notebook PC prices see steep decline.

  • Navision India to pump in $ 3m for expansion.

  • VSNL launches pre-paid broadband plans.

  • Apple admits timing-goof on iMac.

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    Looking back



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