The Hindu Business Line : Tuesday, March 15, 2005

Warburg sells 6 pc stake in Bharti for Rs 2,500 cr
PRIVATE equity investor Warburg Pincus today sold over 6 per cent equity stake in Bharti Tele-Ventures for $560 million (nearly Rs 2,500 crore) in the largest equity deals ever in a single scrip on any Indian stock exchange. Warburg sold 11.2 ... More

Nokia tops in Indian GSM mobile handset market: ORG study
NOKIA leads the Indian GSM mobile handset market with its share increasing 8 per cent to 67.6 per cent since August 2004, according to an ORG-GFK study. The study says that Nokia models occupy the top three positions with Nokia 1100 being the ... More

Idea introduces dialer tones
IDEA Cellular has announced the introduction of Dialer Tones — an entertaining service where customers can set their ringing back tones for callers from a choice of tunes. These tunes range from Bollywood film songs to international ... More

HUMAN RESOURCES

Perot Systems to hire more in India
PEROT Systems plans to add some 800 people to its IT services and business process operations in India in the current year. The company, at present, has 4,500 people in India, of which 1,600 are in the business process operations, while the rest ... More

MERGERS & ACQUISITIONS

Accel completes acquisition of Transmatic Systems
THE Chennai-based Accel Ltd today announced the completion of its acquisition of the Thiruvananthapuram-based Transmatic Systems Ltd and its merger with Ushus Technologies Pvt Ltd, Thiruvananthapuram and two Accel group companies to form Accel ... More

MphasiS to buy US firm — Access to healthcare benefits management
INFORMATION technology and business process outsourcing (BPO) solutions provider MphasiS BFL is acquiring Eldorado Computing Inc, a US-based healthcare benefit management firm, for $16.5 million in an all-cash deal. "This acquisition is part ... More

Silicon Valley board okays merger
CHENNAI: Silicon Valley Infotech Ltd has informed the Bombay Stock Exchange that its board of directors has approved amalgamation of the Chennai-based Pentasoft Technologies Ltd with the company with effect from January 1. This is ... More

ENTERPRISE RESOURCE PLANNING

Oracle package

BROADBAND

AP Broadband project caught in legal, regulatory tangle
THE Rs 400-crore Andhra Pradesh broadband project that seeks to provide connectivity up to the rural level in the State to reach out e-governance applications at people's doorsteps is in a jam. On one hand the Andhra Pradesh High Court has ... More

E-GOVERNANCE

Oracle sets sights on e-governance, telecom space
IDENTIFYING India as a high growth market, enterprise software major Oracle said it sees major growth opportunities in the country's e-governance, telecom, banking and agriculture space. "We see maximum growth opportunities in e-governance, ... More

NEGP: State projects may get major share of World Bank aid
THE State-level e-governance projects spanning land records, property registration, agriculture and municipalities are expected to get a massive thrust, with a whopping 50-75 per cent of the World Bank's proposed $500-million assistance for the ... More

PEOPLE

New V-P for Capco
BANGALORE: Capco has announced the appointment of Mr Gopi Chelliah as the Partner and Executive Vice-President, Business Process Outsourcing and Sourcing Development. Based in London, Mr Chelliah will also serve as a key member of the ... More

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