INFO-TECH
TELECOMMUNICATIONS
Tata Tele (Maha) plans to raise Rs 1,700 cr through debt, equity
TATA Teleservices (Maharashtra) Ltd (TTML) has an estimated funding requirement of Rs 1,700 crore for its new expansion plans for the next couple of years. Half of this would be raised by way of debt and the other half by way of equity, said Mr ...
More
TRAI calls for telecom ombudsman
THE Telecom Regulatory Authority of India on Tuesday recommended establishing an ombudsman for the telecom sector to address consumer complaints. The regulator has suggested to the Government that the office of the ombudsman could be funded ...
More
INSIGHT
For B-schools, IT is not `core'
INFOSYS recently announced the setting up of the world's largest centre in Mysore to train 4,000 people at a time, with an investment of Rs 260 crore. This is in addition to Infosys Leadership Institute, which trains ...
More
INFRASTRUCTURE
Karnataka to clear infrastructure bottlenecks to aid IT growth
THE Karnataka Chief Minister, Mr Dharam Singh, assured the IT industry chieftains on Tuesday that his Government was committed to promote the growth of the sector in the State. Mr Singh, who met the IT leaders including the Wipro Chairman, Mr ...
More
TAXATION
BPO taxation: Nasscom happy with new draft
THE National Association of Software and Services Companies has welcomed the draft revised circular on taxation of IT-enabled business process outsourcing (BPO) units issued by the Central Board of Direct Taxes (CBDT), saying it was in line with ...
More
SOFTWARE
Infosys seeks 300 acres for new Bangalore campus
`We have to hire 8,000-10,000 people a year. If we can't find a place in Bangalore, we will put them up somewhere else.'
More
Sonata Soft to join MMA
BANGALORE: Sonata Software Ltd announced on Tuesday it was joining the newly formed Microsoft Mainframe Migration Alliance (MMA). This alliance, which brings together platform leaders, tools and technology developers and global system ...
More
Auditors qualify B2B Soft accounts
THE auditors of B2B Software Technologies have qualified the company accounts for the financial year 2003-2004 with regard to its divestment in a wholly-owned US-based subsidiary, which is in fact subject to approval of the Reserve Bank of India ...
More
IT TRAINING
NIIT to expand global presence
IT training company NIIT Ltd is considering expanding presence in Central and Eastern Europe and Latin America during the current financial year. "We will be looking at some new countries this year. We are considering expanding in markets like ...
More
Servion Global winds up education training unit
THE Chennai-based Servion Global Ltd has wound up Net Labs, its education training division, and reduced focus on its business in Australia as a part of restructuring, according to Mr K. Balakrishnan, Managing Director and CEO, Servion Global. ...
More
MERGERS & ACQUISITIONS
Secova eServices buys US firm
Secova eServices, the Chennai-based human resources business process outsourcing firm, has acquired EmpactEBS, an American firm that is into benefits processing, according to Mr Venkat Tadanki, co-Founder and CEO. Mr Tadanki, declining to give ...
More
E-GOVERNANCE
eSeva scouting for partner to host call centre
ESEVA, the integrated citizen services centres developed by the Andhra Pradesh Government through the public private participatory (PPP) model, is scouting for a strategic partner to host a call centre that supports and complements its ...
More
PEOPLE
Punit Sood joins MphasiS
BANGALORE: MphasiS announced on Tuesday the appointment of Mr Punit Sood as President, IT Services. Mr Punit Sood will be responsible for heading MphasiS' global IT Services business, and for driving the growth in that business area, said ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds