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Wednesday, January 12, 2005

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BUYBACK


MphasiS BFL hints at buys in Q4
IN a bid to bolster its growing BPO business, MphasiS BFL Group has been evaluating acquisitions for a while now. According to Mr Ravi Ramu, the coming quarter should show some results. "Don't be surprised if there are acquisitions ... More

TELECOMMUNICATIONS


Rural telecom: Too many networks foil the booth
The call of exclusive bids for rural telecom operations has presented the country a situation in which one step taken forward is reversed by two in the opposite direction. Sufficient thought does not seem to have been given while giving the ... More

Want to choose a cell tariff? Click TRAI
IF you are confused about choosing the right tariff package for your mobile connection then the Telecom Regulatory Authority of India (TRAI) is here to the rescue. The telecom regulator, along with the Tata Energy Research Institute, has ... More

Tata Teleservices appeals to tribunal on `Walky' ads
TATA Teleservices on Tuesday filed an appeal with the Telecom Dispute Settlement Appellate Tribunal (TDSAT) against the order by Telecom Regulatory Authority of India (TRAI) to withdraw advertisements that promoted its fixed wireless services as ... More

Reliance Info pays up access deficit charges to BSNL
RELIANCE Infocomm has paid Rs 84.7 crore to Bharat Sanchar Nigam Ltd as access deficit charge that it allegedly evaded by routing incoming international calls as local ones. The Supreme Court had on January 3 directed the private telecom ... More

INSIGHT


The Trojan horse in TRAI territory
IN THE now raging battle between telecom companies, ADC is not aide-de-camp or automatic drip coffeemaker, but access deficit charge. But what is ADC? It is "the amount payable by the service provider at the caller's ... More

FINANCIAL PERFORMANCE


MphasiS BFL Q3 net declines to Rs 27 cr
RIDING high on the BPO business and increased customer traction, the MphasiS BFL Group today reported 29 per cent increase in revenues for the third quarter ended December 31, 2004. The IT solutions provider posted revenues of Rs 191.8 crore ... More

Sonata revenue up 54 pc in Q3
SONATA Software declared a 54 per cent rise in third quarter revenues at Rs 25.28 crore, with profits rising 48 per cent to Rs 4.2 crore over the corresponding previous year period. Sequentially, revenues grew 4 per cent while PAT grew 7 per ... More

IPR


IBM frees 500 patents
IBM on Tuesday announced that it pledged open access to key innovations covered by 500 IBM software patents to individuals and groups working on open source software. The pledge is applicable to any individual, community, or company working on ... More

ALLIANCES & JOINT VENTURES


Sprint ties up with Reliance Info
SPRINT, the $26-billion global telecom services provider, is bullish on India operations and has adopted an innovative `follow-the-customer' strategy providing seamless services. The President of Sprint, Strategic Marketing Group, Mr Paget ... More

E-MAIL


Spam, adware on Web to rise, says McAfee
THE flow of unwanted content and spam mails hitting your inbox is unlikely to subside this year. On the contrary, intrusion prevention solutions company McAfee Inc., anticipates that adware and unwanted content such as spam — transmitted ... More

EVENTS


Gitex floor space up 31 per cent
THE Dubai World Trade Centre (DWTC) and the Andhra Pradesh Government have announced that the fourth essay of Gitex, the flagship IT event and concurrent Computer Shopper together have registered a 31 per cent increase in floor space over last ... More

INCOME TAX


Licence payment: Amendment to I-T laws sought
THE domestic income-tax law should be amended to ensure that the licence payments made to non-residents for use of software for the payer's own operations are outside the ambit of the definition of `royalty', the Institute of Chartered ... More

EXPORTS & IMPORTS


Revenue Dept clarifies on EoUs
THE Revenue Department has clarified that an undertaking set up in domestic tariff area (DTA) and subsequently converted itself into an export-oriented unit (EoU) and deriving profit from export of articles or things or computer software ... More


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Jan. 2-Jan. 8
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