The Hindu Business Line : Saturday, January 29, 2005

Maxtor opens regional office in Mumbai
HARD disk drive and consumer storage products company Maxtor Corporation today announced opening up of its regional office in Mumbai. "Expanding our presence in the regional market will enable is to work more closely with our partners and ... More

FINANCIAL PERFORMANCE

i-flex Solutions third-quarter net up 33 pc
I-FLEX Solutions Ltd has reported a 32.9 per cent growth in net profit at Rs 48 crore for the third quarter ended December 31, 2004, against Rs 36.1 crore in the corresponding year-ago quarter. Billing rates showed increase of 7 per cent; and ... More

Datamatics Q3 net climbs 49 pc
DATAMATICS Technologies has reported a year-on-year increase of 49 per cent in net profit, at Rs 7.15 crore, for the third quarter of the current fiscal. Revenues for the quarter, at Rs 14.47 crore, rose 38 per cent. The consolidated net profit ... More

CONSULTING

Nihilent forays into CMMI consulting
NIHILENT Technologies has announced its entry into the new technology consulting services space of CMMI (capability maturity model integration). CMMI is a globally acknowledged framework to assess and improve the software development ... More

SOFTWARE

Wipro launches operations at Kochi facility
SOFTWARE major Wipro Technologies on Friday announced the launch of operations at its facility here, by moving a Very Large Scale Integrated (VLSI) design project to Kochi. "First set of projects and people have moved in... They have started ... More

Hughes Soft name change okayed
NEW DELHI: The shareholders of Hughes Software Systems Ltd have approved the change of name of the company to Flextronics Software Systems Ltd, subject to the approval of Central Government and other statutory approvals. In a notice to ... More

Fortinet expands product portfolio
FORTINET Inc, a unified threat management solutions provider offering network-based antivirus firewall systems and related products, has announced new capabilities across its range of integrated logging and reporting appliances. This provides ... More

HUMAN RESOURCES

BPOs move to smaller towns to cut attrition rates
THE business process outsourcing (BPO) sector is projected to grow to $5.1 billion this year up from $3.6 billion in 2003-04 as per the estimates of the National Association of Software and Services Companies (Nasscom). It is, however, faced ... More

Adea Solutions unit to hire more
ADEA Solutions, which acquired NetKraft last year, plans to hire about 600 people in the current year for expanding the operations of its Indian subsidiary, Adea International Pvt Ltd. The company now has some 400 people split between its ... More

ALLIANCES & JOINT VENTURES

GrapeCity ties up with Seapine Soft
GRAPECITY India has announced a business partnership with US-based software company Seapine Software to sell their range of development tools in India. The partnership would enable GrapeCity India to expand its PowerTools range of products, a ... More

OFF-SHORE DEVELOPMENT

Overseas centres on Mercury's radar
MERCURY Interactive Corporation, the $500 million US-based firm that provides automated software testing solutions, is exploring the option of having development centres in India, China and in Eastern Europe. "This plan has been in our mind ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Novartis to sell TB bulk drug biz to Sandoz

Operators bogged down by number of applicants for unique ID number

Cardamom slips further on poor buying support

VAT group to submit report by Feb 15

Grasim net up 32.6 pc

i-flex Solutions third-quarter net up 33 pc

In Focus

BHEL Disinvestment

The Yuan Revaluation

Dabhol power regenerated