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Monday, Oct 18, 2004

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Info-Tech - Events


Looking back

October 16

  • Wipro Q2 net up 79 pc; managers get 5.5 m restricted stock units at face value; wage hike may see Q3 margins shrink; headcount rises 5,500; Spectramind tops BPO headcount.

  • FourSoft completes CargoMate acquisition.

  • Empower to raise $3-4 m to market Adrenalin.

  • Hiring costs to rise 80 pc: e-Serve.

  • Tata Elxsi Q2 income at Rs 44 cr.

  • Google offers desktop search.

  • Sify trims Q2 net loss.

  • Network to help entrepreneurs mooted.

  • General Atlantic emerging front-runner for GECIS buy; management to stay.

  • Intel to team up with JumpStartup and WestBridge Capital.

    October 15

  • SSI loses 70 pc in single day of trading.

  • DoT may slap Rs 50-cr penalty per licence on Reliance Info; co found flouting ILD norms.

  • Broadband policy: No access to BSNL last mile lines for private operators.

  • IT.com to focus on games software, animation; firms drop boycott threat.

  • Mastek Q1 revenue up 30 pc.

  • iGate posts 4-fold rise in Q2 net.

  • Aztec Q2 net jumps 492 pc.

  • Symphony to scale up infrastructure.

  • Software exports surge 26 pc.

  • MS exploring new Indian strategies.

    October 14

  • TCS Q2 net rises 52 pc; GE share in TCS revenue falls; half-year revenues cross $1-b mark.

  • Reliance Himachal customers most satisfied: TRAI.

  • Search engine space turning competitive: Google founders.

  • HSS Q2 net up 52 pc; scouts for BPO, telecom buys.

  • Nasscom, ITAA sign pact on cyber security.

  • Reliance Infocomm raises $300 m.

  • BSNL-MTNL staff oppose last mile to private cos.

  • Samsung likely to set up handset production base.

  • TCS rules out CMC merger.

  • Infosys says US polls factored in guidance.

    October 13

  • Infosys Q2 net jumps 49 pc to Rs 447 cr; recruits 5,000 in one quarter, 4,000 more in the next two; new clients entering at higher prices.

  • Patni set to acquire US firm Cymbal that addresses telecom space for $68 m.

  • Paging industry in death throes.

  • Shipara to become 100 pc HCL Tech subsidiary.

  • Google officially opens centres in Hyderabad, Bangalore.

  • ITAA wants H1B visa cap revisited.

  • Intel opens software college.

  • Sasken starts Pune centre.

  • TAIB Bank sells 1.9-cr Maars shares in one month.

  • Tata, Reliance in last three for last lap of Tyco unit.

  • MTNL hands out Rs 100-cr bill to Reliance for illegal ILD call routing.

    October 12

  • Bahwan Cybertek bags logistics deal from Omani firm.

  • Mphasis BFL net rises 49 pc in H1.

  • Teledensity up 7.85 pc in Aug.

  • IBM launches its smallest desktop.

  • BPL Mobile weighs options on fund raising.

  • Helios & Matheson wins Hughes, Sasken orders.

  • CMC net up 92.5 pc; Teledata net grows 287 pc.

  • BPL may launch IPO after BPL Mobile and Cellular merger.

  • Mphasis buys out minority shareholders in MSourcE; to merge arm with itself.

  • TRAI may go for investigative body to help in settling disputes.

  • Outsourcing benefits set to shrink: Forrester.

    October 11

  • Spectrum row now spreads to equipment vendors.

  • Dell to recall 9,90,000 laptop power adaptors.

  • TRAI to propose 4 types of licences.

  • BSNL-Reliance Info spat has security angle too.

  • Nasscom mulls pact with UGC; new curriculum with industry-ready skills.

  • ILD call routing: Govt sets deadline for Reliance Info.

  • 8 firms queue up for OSP licence.

  • VC funding slows down in 2 years.

  • Wipro plans 6-m restricted stock units for mid-level managers.

  • Nortel to hire more in India.

  • BSNL-MTNL merger route by November-end.

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