INFO-TECH
OUTSOURCING
Sonata mulls BPO foray, eyes buys
SONATA Software is considering foraying into the business process outsourcing sector, especially in the insurance space. The company is actively looking at acquisitions and is in talks with a couple of US firms, said Sonata Software's President ...
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TELECOMMUNICATIONS
Mobile tariffs could fall with ADC cut: Mittal
THE Bharti Chairman and Group Managing Director, Mr Sunil Mittal, on Monday exuded confidence that the cellular industry would be able to reduce tariffs if the access deficit charge (ADC) is brought down. ``If ADC can be brought down, the ...
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BSNL net up 4-fold in '04
BSNL has recorded four-fold growth in net profit at Rs 5,976 crore on a turnover of Rs 32,000 crore for 2003-04. The company said that it expects to clock about Rs 6,000 crore net profit during in the current fiscal. In 2002-03, the PSU had ...
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BSNL mulls consortium with ILD operators
IN a bid to offer cheaper international long distance calls, Bharat Sanchar Nigam Ltd (BSNL) is looking at a number of options including forming a consortium with ILD operators and laying its own undersea cable network. The State-owned company ...
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INSIGHT
Baazee.com case — Why was IPC not invoked?
THE failure of the Delhi police to invoke Section 292 of the Indian Penal Code (IPC) in effecting the arrest of Mr Avnish Bajaj, Chief Executive Officer of the auction Web site Baazee.com, on charges of allowing the ...
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Ensuring privacy
WITH Universal Mobile Telecommunications System (UMTS)-enabled mobile, phones and video phones that can transmit data via 3G becoming popular by the day, laws at federal, State and local levels are in place in most ...
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STOCKS
Aberdeen Asset stake crosses 5% in Satyam
ABERDEEN Asset Management Asia Ltd has informed the NSE that funds advised and managed by them have acquired 3,05,000 shares representing 0.0959 per cent of the total paid-up capital of Satyam Computer Services on December 17. The mode of ...
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HARDWARE
TVS-E enters SAARC market
CHENNAI: TVS-Electronics has forayed into South Asian, West Asian and South African markets. The manufacturer of computer peripherals has strengthened its presence in these regions through local distribution arrangements with Ingram ...
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SOFTWARE
TCS completes Phase I of Islamic insurance tool project
TATA Consultancy Services Malaysia, a wholly owned subsidiary of TCS, on Monday announced completion of the first phase of design & development for the $2.3-million IT project to develop a comprehensive Islamic insurance solution, called Takaful
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Laser Soft tool for IndusInd
CHENNAI: Laser Soft Infosystems Ltd, a Chennai-based banking software product company, has implemented its trade finance software, Prophesy, in IndusInd Bank. The software handles all trade finance and foreign exchange operations of the ...
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SunTec billing solutions
MERGERS & ACQUISITIONS
Singapore firm buys Vanenburg IT park
"We continue to look for more acquisitions to beef up our property portfolio in this fast-growing market," Ms Chong Siak Ching, Ascendas President, said.
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CalSoft buys WebSpectrum
THE Chennai-based California Software Company Ltd (CalSoft) has acquired WebSpectrum Software Pvt Ltd, a closely held Bangalore-based firm, for Rs 2.2 crore. A few weeks ago , CalSoft also acquired a 51-per cent stake in the Kochi-based Team ...
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Phoenix renamed TCS-BTS
BANGALORE: Following its acquisition by Tata Consultancy Services Ltd, Phoenix Global Solutions has been renamed TCS Business Transformation Solutions Ltd. The company is now a wholly owned subsidiary of TCS, according to a company ...
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PRIVACY
IT industry decries arrest of Baazee.com CEO
THE IT industry on Monday decried the arrest of Mr Avnish Bajaj, CEO of Baazee.com - the portal on which the sexually explicit clip was put on sale. "We are dismayed with what has happened. To make such an arrest is strange, and moves ...
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Samsung issues guidelines on ethical use of camera phones
IT'S not just the Internet auction sites that have been rattled by the multi messaging service (MMS) case, which led to the circulation of obscene pictures through camera-enabled mobile phones. Handset manufacturers are also a worried ...
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BROADBAND
Bidders shortlisted for AP broadband project
THE Andhra Pradesh Government has shortlisted the preferred service provider for its ambitious Rs 600-crore rural broadband network project that seeks to connect all villages across the State by December 2005. 3Com is among the shortlisted ...
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PEOPLE
Dr Raj Reddy makes PCs talk the masses language
DR Raj Reddy, Head of Robotics and Artificial Intelligence Lab, Carnegie Mellon University, is on a mission to bridge the digital divide but with a difference — empowering illiterates to actually use computers! Having started with the ...
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