INFO-TECH
TELECOMMUNICATIONS
`MTNL-BSNL merger by mid next year'
THE Union Government plans to complete the merger of public sector telecom companies MTNL and BSNL by mid next year, Mr Dayanidhi Maran, Union Minister of Communication and Information Technology, said here on Tuesday. "Six merchant bankers ...
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BSNL's tender for CDMA lines draws flak from Lucent, Nortel
BHARAT Sanchar Nigam Ltd's (BSNL) tendering process for procuring one million CDMA lines has come under fire from two North American equipment providers, which are complaining that the terms and conditions of the project favours Chinese ...
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FINANCIAL PERFORMANCE
VSNL net rises 81 pc in second quarter
VIDESH Sanchar Nigam Ltd (VSNL) has reported an 80.9 per cent increase in net profit for the second quarter of the current fiscal; this is on a slight decrease in total income for the same period. Net profit amounted to Rs 88.1 crore (Rs 48.7 ...
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TVS-E net slips 65% in Q2
TVS-Electronics has reported a reduced net profit of Rs 36 lakh on revenues of Rs 58.40 crore for the quarter ended September 30, 2004 as against a net profit of Rs 1.01 crore on revenues of Rs 67.61 crore for the corresponding quarter last year. ...
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SOFTWARE
Cognizant plans $76-m expansion
THE US-based Cognizant Technology Solutions Corporation, provider of information technology services, plans to further expand its India-based techno-complex capacity in Chennai, Pune, Kolkata and Bangalore. It will also construct a new training ...
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Mastek set to bid for more UK projects
The company has kicked off the Pune development centre at an estimated investment of Rs 8 crore and plans one in Chennai.
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INTERNET
NIXI to be registrar for .in domain
TO give an impetus to the use of India's domain name, the Government has decided to make the National Internet Exchange of India (NIXI) the registrar of the .(dot)in domain. The function used to be with the National Centre for Software Technology ...
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REGULATORY BODIES & RULINGS
TRAI orders Bharti, Idea to refund migration fee
THE Telecom Regulatory Authority of India (TRAI) has ordered Bharti Cellular and Idea Cellular to refund the migration fee collected from subscribers for moving from one plan to another. The telecom regulator has said that a one-time fee ...
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ALLIANCES & JOINT VENTURES
Adobe in pact with Yahoo!
ADOBE Systems Inc and Internet provider Yahoo! have announced a relationship aimed at providing consumer services to Internet users. The two companies will introduce integrated products that feature Adobe services, significantly increase the ...
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ISPS
Cisco keen on IP telephony
CISCO Capital, the investment arm of Cisco Systems, is holding parleys with several Indian companies on the possibility of making investments in their operations possibly through providing networking infrastructure. The Country Manager, ITS ...
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ADVERTISING
O&M launches B2B practice
WITH Indian IT firms getting increasingly market savvy in positioning brands globally, advertising biggie Ogilvy & Mather India announced the launch of its B2B practice-Ogilvy Business Markets here on Tuesday. The company views the Indian IT, ..
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