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Monday, Jan 10, 2005

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Looking back

January 8

  • Pervasive Soft opens R&D centre in Bangalore.

  • Ramco equity allotment.

  • Satyam shareholders okay sponsored ADS issue.

  • Mobile subscriber base up 1.9 m in December.

  • BSNL sees Rs 1,254-cr loss from ADC cut.

  • Supreme Court says software may be intellectual property but as the property contained in a medium is bought and sold, it is an article of value.

  • Jadavpur varsity working on e-waste system.

  • Expert panel set up to review I-T Act.

  • Fortune bags Iceland order.

  • Surana Tele stock split.

  • IBS Soft to recruit 1,000 more in 3 years.

  • Cognizant expanding Chennai presence.

  • Baazee CEO bullish on e-com prospects; undeterred by recent MMS controversy.

    January 7

  • ADC down by up to 62 per cent; long distance calls to cost less; VSNL, Bharti to gain; MTNL to take a hit.

  • Maran launches system for better use of spectrum.

  • Telecom industry `disappointed' with new ADC regime.

  • Aberdeen picks up stake in CMC.

  • Oracle Asia-Pacific revenues up 9 pc.

  • Big response for `.in' domain from India Inc.

  • Kerala may curb use of cell phones in academic campuses.

  • Tejas gets $15 m funding.

  • US may increase H1B visa for Indians.

    January 6

  • Innosoft Tech's pref allotment.

  • BSNL says Tata Tele avoiding payment on `Walky' services.

  • Infosys Q3 results on SMS, voice and WAP.

  • Infopark chalks out expansion plan.

  • Hi-tech companies founded by Indians in the US raised over $216 million in venture capital/private equity financing during the quarter ended December 2004.

    January 5

  • Color Chips bags ETV order

  • TWS Holdings on expansion drive.
  • `Wipro, HCL seek land for centres in Uttar Pradesh.

  • Xansa opens second facility in Noida.

  • Now, on offer temporary CEOs, CFOs!

  • BSNL to shell out Rs 80,000 cr for network expansion in 3 years.

    January 4

  • Rs 8,000-cr plan for rural phones.

  • SC orders Reliance Info to pay dues within a week.

  • NetVision Web plans open offer on BSE advice.

  • TVS-E forays into laser toner market.

  • Shonkh Tech denies siphoning off GTB funds.

  • IT cos make higher provisions for taxes.

  • TRAI for digitisation of cable industry by 2010.

  • AP Cabinet okays Rs 400-cr broadband network project.

  • Chip design training on big scale proposed.

  • Citigroup arm invests in Caritor.

  • Computer fraud risk-level is high among Indian banks: NIBM survey.

  • CMC, Xilinx weigh R&D unit spin-off.

    January 3

  • BPO cos set sights on Europe.

  • Passport fails to take MS far on Web services.

  • IT'll be 1-million strong quite soon.

  • '30 PC virus outbreak incidences in 2004'

  • BSNL's interests held back Trai move to revenue-share regime.

  • Global IT spending to grow 6% in 2005: IDC

  • Teledensity up, over 1.4 crore more connections in April-November

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