INFO-TECH
STORAGE
H-P launches storage solutions
HEWLETT-PACKARD on Monday unveiled the HP StorageWorks IP - Storage 500 and 1500 solutions - targeted at the Asia-Pacific market. The two-entry level storage solutions leverage Ethernet infrastructure and are expected to benefit the ...
More
OUTSOURCING
Iridium to expand operations in Kerala
THIRUVANANTHAPURAM: Iridium, the business process outsourcing division of Geosoft Technologies (Trivandrum) Ltd, is launching the phase-two expansion operations at its unit in Technopark here. Expected to be completed within a ...
More
INSIGHT
Telecom: Barriers beyond the FDI cap
India needs huge investments to ensure that the growth rate of the telecom sector does not slacken. Nobody can quibble with this argument. However, the Government does not have with it a single letter from any foreign investor stating that it was or is unwilling to come into the country because of the 49 per cent FDI cap.
More
Competition, regulation must work for user
The telecom revolution has served up competition and cut prices, but unfortunately in many a case has left the user poorly served too. As much as the telecom companies, the regulator has an important role in ensuring quality service, especially as t he state is seeing a receding role for itself in this core sector, says Bhanoji Rao.
More
STOCKS
Surana Tele zooms on BSNL order hopes
THE stock of Surana Telecom Ltd has been making waves on the bourses even though the counter remains in the trade-to-trade segment. It eased by 4.62 per cent on Monday, but during October so far, the stock has recorded a gain of around 43 per ...
More
FINANCIAL PERFORMANCE
HCL Tech Q1 net income up 71 pc
HCL Technologies has clocked 71 per cent rise in net income for the first quarter ended September 2004 at Rs 161.7 crore against Rs 94.6 crore in the corresponding previous period. Gross revenues rose to Rs 782.2 crore (Rs 560.7 crore), ...
More
Geometric Q2 net up 19 pc
GEOMETRIC Software Solutions has recorded a net profit of Rs 6.32 crore for the second quarter ended September 30, up 19 per cent on the Rs 5.30 crore posted in the previous corresponding quarter. The consolidated total revenue for the quarter ...
More
Reliance Info trims Q2 loss to Rs 50 cr
RELIANCE Infocomm has reported a net loss of Rs 50 crore for the second quarter of the current fiscal, said Mr Anil Ambani, Managing Director of Reliance Industries, which owns 45 per cent stake in the company. In the first quarter, the company ...
More
SOFTWARE
Birlasoft to invest $15 m on new centres
BIRLASOFT Ltd, the IT arm of the C K Birla Group, would invest $15 million in the next 18 months to set up new facilities in the country, even as it plans to scale up the global headcount to 3,500 professionals. "We are evaluating various ...
More
Zensar Tech bets big on China
RESTRUCTURING the company into four business units, revenue growth from the Chinese market and a turnover of Rs 1,000 crore by 2009 is the roadmap that the Pune-based Zensar Technologies has drawn for itself. Talking to Business Line, Mr ...
More
Infosys, C-DAC plan tie-up
INFOSYS Technologies and the Centre for Development of Advanced Computing (C-DAC) here are planning to collaborate in software development for communication and e-governance, among other areas. The visiting Chief Operating Officer of Infosys, ...
More
MERGERS & ACQUISITIONS
Yahoo! absorbs Stata Labs' team
THE 25-member product development team working for the US-based Stata Labs in Chennai will move to Internet major Yahoo! This follows the acquisition of Stata Labs by Yahoo!, Mr Vijay Babu, President and Chief Operating Officer, Integrated ...
More
TRENDS
Demand analytics space getting hot
INDIAN firms have yet another service area to tap into - - the demand analytic services with deal sizes hovering in the 3-5 year and $30 million to $50 million range. Of course, outsourcing providers should be able to source the right ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds