STOCKS
`Infy breakthrough into Nasdaq-100 could trigger Indian listings'
NASDAQ is keenly awaiting the qualification of Infosys Technologies in the Nasdaq 100 Index , the main index of the exchange, as the trigger that could open the gates for many Indian companies to go for Nasdaq listing, says Mr Stuart C. ... More

HARDWARE
New HP notebooks
NEW DELHI: Hewlett-Packard has launched its digital entertainment series with two new notebooks, Compaq Presario V2036AP Portable and Compaq Presario V2035AP Portable. "Designed for a student, professional or a family, the Compaq ... More

SOFTWARE
TCS pays 300 pc maiden interim
TATA Consultancy Services Ltd announced an interim dividend of 300 per cent on Thursday. This is the first dividend payout by the company after its initial public offering. The company declared an interim dividend of Rs 3 per equity share of ... More

Wipro innovation centre for Omron
BANGALORE: Wipro Technologies said on Thursday that it would be setting up an innovation centre for Omron Corporation, a global leader in industrial automation and electronic components. The Omron Solutions and Innovation Centre (OSIC) ... More

Versant Corp to shift main operations to Pune centre
The Pune centre contributed to about $600,000 during its last fiscal year. More

HUMAN RESOURCES
Philips to double software workforce in India by 2007
PHILIPS on Thursday announced that it was planning to double its software workforce at its Bangalore campus to touch 2,200 people by 2007 and bring more work for its medical systems group, semiconductor and offshore corporate technologies to ... More

MERGERS & ACQUISITIONS
`BSNL-MTNL merger will be in national interest'
BHARAT Sanchar Nigam Ltd on Thursday favoured a merger with Mahanagar Telephone Nigam Ltd, stating that such a move would be in the national interest. "If BSNL is merged with MTNL, it will be in the nation's interest. It will save lot of cost ... More

ALLIANCES & JOINT VENTURES
SmartCompany, Iteamic tie up
BANGALORE: SmartCompany has entered into a strategic alliance with the Bangalore-based software services company, Iteamic, for the expansion of its market in Asia and Europe. SmartCompany combines sales automation with project ... More

BROADBAND
Ericsson bags MTNL broadband access contract
ERICSSON has been selected by Mahanagar Telephone Nigam Ltd (MTNL) to supply broadband access network to Delhi and Mumbai. The contract is on a turnkey basis for the supply and rollout of Ericsson's solutions Ethernet DSL Access and Ethernet ... More

ISPS
More Infonet nodes
BANGALORE: Global Internet services provider Infonet Services Corporation announced the commissioning of its nodes in Bangalore and New Delhi recently. These nodes would be in addition to its existing node in Mumbai, said a company ... More

EVENTS
Cisco annual tech meet
BANGALORE: Cisco Systems will be hosting its annual technology conference and exhibition — Showcase 2004 — on October 28 and 29 at The Leela Palace, Bangalore. Mr Gordon Astles, President, Asia Pacific, Cisco Systems, and Mr ... More

VENTURE CAPITAL
Infinity to exit 3 more start-ups
VENTURE capital fund Infinity is in discussions to sell off its holdings in three start-up companies it had funded and hopes to complete the divestment process in three to six months. "The investment cycle has finished and we are currently in ... More

OUTLOOK
IBM sees scope for notebook
HYDERABAD: IBM India foresees a huge growth in notebook sales in the country. According to Mr Anil J Philip, General Manager (PCD Channels), there was a significant quarter-on-quarter and year-on-year growth in notebook sales in the ... More