The Hindu Business Line : Thursday, January 20, 2005

Teledata to pay 5% interim
CHENNAI: Teledata Informatics Ltd has declared an interim dividend of 5 per cent on equity shares of Rs 10 each and the record date for the purpose of payment of dividend has been fixed as February 10. ... More

TELECOMMUNICATIONS

LG Pune plant begins GSM phone production
`We will focus on camera phones and 3G technology in the current year.' More

Beware! Cops may soon go mobile
THE noisy walkie-talkie in Police Control Room (PCR) vans could soon become passé. The Cellular Operators Association of India (COAI) is proposing to offer cellular phones to all PCR vans across the country, which will also allow the beat ... More

Tata Tele completes 4 corridors in AP
TATA Teleservices has completed four major corridors in the State - Hyderabad-Vijayawada, Visakhapatnam-Vijayawada, Hyderabad-Warangal and Vijayawada-Tirupati. Announcing this at a press meet here on Wednesday, Mr Prabhat Pani, Chief ... More

Flights info service from BPL Mobile
BPL Mobile, in association with Cochin International Airport Ltd (CIAL), has announced the launch of Flight Info-707, the flight information service for its post-paid and prepaid subscribers in the State. Mr G. Sambasivan, COO, BPL Mobile, said ... More

STOCKS

FII stake in Satyam up at 56.59 pc
EVEN as Satyam Computer Services Ltd is in the process of seeking the US Securities and Exchange Commission (SEC) nod for an American Depositary Shares (ADS) issue, the third quarter ended December 31, 2004, has seen the foreign institutional ... More

FINANCIAL PERFORMANCE

Hughes Soft Q3 net at Rs 28 cr
HUGHES Software Systems (HSS) today reported a 15.48 per cent year-on-year increase in net profit in the third quarter ended December 2004 at Rs 27.7 crore, compared to Rs 23.4 crore during the corresponding period last year. The total income ... More

Zen Tech net up
HYDERABAD: Zen Technologies Ltd., has recorded total income of Rs 3.39 crore with profit after tax of Rs 0.93 crore for the quarter ended December 31, 2004 as against total income of Rs 1.10 crore and a net profit of Rs 1.44 lakh during ... More

SOFTWARE

ESC opens Hyderabad centre
THE Electronics and Computer Software Export Council (ESC) has announced the establishment of its Hyderabad centre and plans to rope in about 300 members by March 2005. ESC, an autonomous body under the Department of Information Technology, ... More

Orissa hopes to garner Rs 1,000 cr from software exports by 2006-07
BUOYED by the commitment of Wipro and Tata Consultancy Services to set up operations in Bhubaneswar and the Centre's green signal for the third Software Technology Park of India (STPI) unit in Berhampur, Orissa is confident of generating a ... More

HUMAN RESOURCES

Adobe opens second R&D unit; to hire 150 more
ANNOUNCING the opening of its second research and development unit in the country at a cost of $8 million, Adobe Systems Inc on Wednesday said it would add 150 professionals in 2005. "Last year we added 150 professionals and this year we plan ... More

ALLIANCES & JOINT VENTURES

ESS, MosChip in IP design pact
ESS Technology Inc, a Nasdaq listed supplier of silicon solutions for digital audio and video consumer electronics, and MosChip Semiconductor Technology Ltd have announced a four-year association that seeks to jointly develop intellectual ... More

BROADBAND

MTNL bets on speed, price to penetrate broadband market
DESPITE its relatively late entry into the broadband market last week, Mahanagar Telephone Nigam Ltd (MTNL) is betting on its existing base of 23 lakh telephone lines and its affordable pricing to make a breakthrough in this segment in the ... More

Bharti to invest Rs 150 cr in UP
BHARTI Tele-Ventures on Wednesday announced an investment of Rs 150 crore in Uttar Pradesh for expanding its broadband and fixed line services. The company said that it would extend the services to Punjab, Maharashtra, Rajasthan, West Bengal and ... More

ISPS

DoT asks ISPs to stop offering VPN services within 30 days
THE Department of Telecommunications (DoT) has asked all Internet Service Providers (ISPs) to stop offering leased line Virtual Private Network services within 30 days. The move comes after the DoT decided that VPN services were not part of the ... More

OUTLOOK

Subex to focus on products
SUBEX Systems is planning to restructure itself for increased focus on products business. The company may consider the restructuring of its services business, including transfer of business to its wholly-owned subsidiary, Subex Technologies ... More

PEOPLE

Independent directors for Reliance Info, RCIL appointed
THE Supreme Court advocate and tax consultant, Mr Y.P. Trivedi, and a former secretary with the Union Government, Mr M.P. Modi, were inducted as independent directors on the boards of Reliance Infocomm Ltd (RIC) and Reliance Communications ... More

NEW PRODUCTS & SERVICES

Bahwan CyberTek integration tool
BAHWAN CyberTek (BCT), a Muscat-based software firm with a development centre in Chennai, has launched a productivity enhancement tool that helps companies integrate various applications in an organisation. The Cuecent BPMS — business ... More

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