INFO-TECH
OVERSEAS BORROWINGS
Teledata mulls ADR/GDR issue
THE Chennai-based Teledata Informatics Ltd plans to issue of global depository receipts/American depository receipts/Euro convertible bonds/foreign currency convertible bonds/secured premium notes to an extent of $75 million. The company has ...
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AWARDS & HONOURS
Yoga site bags Oracle award
HYDERABAD: A Web site on yoga created by a joint team of students from India and the US has been adjudged winner in the 19-and-under category of Oracle's global educational Web site contest, ThinkQuest, an initiative of Oracle Education ...
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TELECOMMUNICATIONS
BSNL directed to give top priority to tsunami-hit areas
IN a bid to restore communications facilities in tsunami-hit areas, the Minister for Communications and IT, Mr Dayanidhi Maran, has directed BSNL officials to install INMARSAT on top priority basis in Andaman and Nicobar. "It was decided to ...
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BSNL plans free meter reading service at Tiruchi
BSNL will soon be introducing a toll-free `meter reading service' in the Tiruchi Secondary Switching Area. According to Mr V.K. Sanjeevi, Tiruchi BSNL Deputy General Manager (Administration), the basic phone subscribers could utilise the ...
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Bharti centres in tsunami-hit places
NEW DELHI: Bharti Tele-Ventures on Wednesday announced measures for the relief and rehabilitation programme for victims of the tsunami disaster. Bharti will be rolling out Airtel mobile and VSAT network services in Andaman and Nicobar ...
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Goodies card from Idea
HYDERABAD: Idea Cellular has launched a special pre-paid card called Idea Goodies Card that allows customers to access value-added services and goodies. Aimed mainly at youth, this card will facilitate easy download of ringtones, logos, ...
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INTERNET
Net 4 India is `.in' domain name registrar
NET 4 India Ltd, an Internet protocol (IP) communications company, has been appointed registrar for `.in' domain names by National Internet Exchange of India (NIXI), authorising it to sell the `.in' country domain names from January 1. The ...
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MERGERS & ACQUISITIONS
Logic Soft to take 5 pc stake in Vertex
THE Pune-based Vertex Software Pvt Ltd and the Ohio-based Logic Soft Inc have tied up to leverage the onsite-offshore capabilities. Logic Soft would invest in five per cent of Vertex equity, Mr Ashok Kalluraya, Executive Director, Vertex, said ...
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Oracle in control of PeopleSoft
HYDERABAD: Oracle Corporation has announced that PeopleSoft stockholders have tendered approximately 75 per cent of PeopleSoft outstanding stock, giving Oracle control of the company. Oracle has designated four representatives to serve ...
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REGULATORY BODIES & RULINGS
TRAI issues consultation paper on satellite radio services
THE Telecom Regulatory Authority of India (TRAI) has issued a consultation paper to come up with a policy framework for satellite radio services. Currently, though WorldSpace is in operation in the country, there is no policy or regulatory ...
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VIRUSES
Google blocks Web worm Santy.A
GOOGLE Inc has announced that it has blocked Santy.A, the Web worm which had identified potential victims through its search and had spread among online bulletin boards using vulnerability in phpBB, an open-source software product managed by the ...
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EVENTS
Gitex to host events on gaming, smart appliances in Hyderabad
THE fourth edition of Gitex, organised by the Dubai World Trade Centre and the Andhra Pradesh Government scheduled for January 12-14, will concurrently host major events on animation and gaming, an international conference on smart appliances for ...
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VENTURE CAPITAL
Venture fund buys 4 pc stake in EXLService
The deal assumes significance in the backdrop of the recent announcement by EXL that it plans to go for a Nasdaq listing.
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OUTLOOK
Ramco Systems sees demand from SMBs
BEING part of the global economy, the pressure to benchmark themselves with global firms is driving small and medium size business (SMB) firms to adopt information technology in a big way. This trend has, in turn, boosted sales of Ramco ...
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