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Monday, Aug 09, 2004

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Looking back

August 8

  • TCS issue price fixed at Rs 850.

  • Four PR agencies in race for BSNL image makeover.

    August 7

  • TRAI proposes across-the-board cut in annual licence fee; pegs Rs 180 cr as entry fee for unified licence.

  • Google likely to delay $ 3.3b IPO; investors spooked by disclosure.

  • Incubators help ICS retain managers.

  • SGI India to expand presence.

  • TVA cancels deal to with co sending jobs to India.

  • DoT writes to BSNL on procurement delay.

  • Cable & Wireless mulling call centres in India.

  • Outsourcing empowers executives: Accenture survey.

  • KPIT Cummins Q1 consolidated net up 114 per cent.

  • TI opens design facility in Bangalore; focus on smarter, cheaper mobiles with single chip.

  • Singapore's ECS looks for Indian partner.

  • MosChip to hike capital.

  • GDR Soft to change name.

  • TCS offer subscribed 10 times; price band maybe at Rs 850-875.

  • Mobile users up 16.6 lakh in July.

  • Reliance Info to foray into broadband after policy announcement.

  • Cut licence fee to 6 pc of gross revenue: TRAI.

  • Flextronics set to make bigger offer for HSS pie; ESOPs to be taken into account in resized offer.

    August 6

  • TVS-E signs up with Siti to supply set-top boxes.

  • TRAI open to changes in unified licence guidelines.

  • Source code theft at Mumbai R&D centre of US firm.

  • Mastek to pay Rs 3 as dividend.

  • Colt Tele plans BPO centre at Gurgaon.

  • IDC sees very strong growth for BPO sector.

  • IBM to take stake in i-flex.

  • Samsung to spend $ 1m on computer gaming.

  • Crossover plans IT, pharma fund.

  • Global Asia keen to invest in wireless firms.

  • Wiretap rules should apply to Net telephony: FCC.

    August 5

  • Animation, next BPO break.

  • BSNL threatens to continue leased line services if TRAI forces any further reduction in tariffs.

  • Proposal for joint certification of e-Governance products.

  • Tata Tele fixed wireless subscribers top 1m.

  • Tata Telecom renamed Avaya GlobalConnect.

  • Focus on animation puts Crest back in black.

  • India is hot with European firms too: Forrester.

  • Supersight, Cartel in BPO joint venture.

  • RailTel, Tata Tele in talks for Rs 70-cr broadband deal.

  • IDC lowers IT revenue forecast.

  • Midas to set up production facility for wireless products.

  • Dalal St expects TCS share to be priced at Rs 850.

    August 4

  • SAP to invest additional 20m euro in Bangalore.

  • MTNL gets CA licence.

  • C&W to expand India business.

  • IT services export to grow to $ 23b by 2006: Merrill Lynch.

  • Saudi group outsources to Yash Tech.

  • Moser Baer Q1 net dips 22 per cent.

  • i-flex wins SA deal.

  • WestBridge's next fund in 2005.

  • Idea to refinance Rs 4000 cr debt.

  • Cognizant to invest Rs 41 cr in new centre.

  • Technology offerings slow sharply in the US.

  • Infy to add 20,000 jobs in Pune in 5 years.

    August 3

  • Mastek keen to grow annuity business: Sudhakar Ram, CEO.

  • Revenue per mobile user down 64 per cent in 5 years.

  • MosChip auditors qualify accounts.

  • JobAccord begins BPO operations.

  • HP in pact with Moser Baer to enter CD market.

  • Perot Systems to make India a 100 per cent arm; to buy out 1.33 per cent from employees.

  • Airtel to be single Bharti brand.

  • Tata Tele concludes Rs 970-cr bond issue.

    August 2

  • Infosys bags Pepsi contract; to swell up to $ 40m over two years.

  • ITES, software exports up 31 per cent in `03-`04.

  • i-flex lines up Rs 12 cr expansion plan.

  • Tavant plans to invest $ 25m in India; to double headcount.

  • 24/7 Customer to set up greenfield Canada centre; but opts for inorganic route in Europe, the Philippines.

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