Financial Daily from THE HINDU group of publications
Tuesday, March 29, 2005

News
Features
Stocks
Port Info
Archives
Google

Subscription

Group Sites

INFO-TECH

ANNOUNCEMENTS


Datacraft bags Jabil deal
DATACRAFT, an IT company, has been selected by Jabil Circuit Inc, a global electronic services provider, to provide the network infrastructure for its newmanufacturing facility near here. Mr Pranav Waichal, Purchase Manager of Jabil Circuit ... More

TELECOMMUNICATIONS


SC to decide jurisdiction issue in Reliance Info case — HC restrained from hearing petition
THE Supreme Court today by an interim order restrained the Delhi High Court from proceeding further to hear a petition filed by Reliance Infocomm challenging the levy of Rs 182.7 crore by Bharat Sanchar Nigam Ltd for alleged re-routing of ... More

BSNL asks MTNL to pay up Rs 1,840-cr dues
BHARAT Sanchar Nigam Ltd (BSNL) has asked Mahanagar Telephone Nigam Ltd (MTNL) to pay up dues amounting to Rs 1,840 crore as interconnection charges since 2000-01. BSNL said that MTNL has not paid Interconnect Usage Charges (IUC) since the ... More

INFRASTRUCTURE


Land allotted to IT majors in Visakhapatnam
THE State Government has decided to allocate 22.5 acres of land in the city, where the TB Hospital is situated, to the three IT majors - Satyam Computers, Wipro and Tata Consultancy Services. Mr Praveen Prakash, the District Collector, ... More

STOCKS


Fidelity acquires 9.23 pc stake in UTV Software
FIDELITY Group has bought 9.23 per cent equity stake in UTV Software Communications through open market purchase on March 17, the day UTV shares made their debut. UTV today informed the NSE that with this purchase, Fidelity's holding is 9.99 ... More

SOFTWARE


Cognizant on big expansion spree in Chennai — Plans development centre in Coimbatore
COGNIZANT Technology Solutions, the US-based information technology solutions provider, is expanding its infrastructure in Chennai and plans to set up a development centre in Coimbatore. It will spend $25.4 million (Rs 115 crore) in its ... More

ABT Info.Net gets design deals worth $1,00,000 in 40 days
ABT Info.Net, the data centre at the Dr Mahalingam College of Engineering and Technology (MCET), has managed to execute engineering drawings and design contracts worth $1,00,000 in 40 days. Having set the trend, the MCET management is ... More

Unisys plans to step up investments
UNISYS Corporation plans to step up investments and increase its workforce in India to around 4,500 in three years, half of them to be employed through partners, said the company's Vice-President, Mr Cal Killen, in Bangalore on Monday. The ... More

VAT-enabled software for pharmacists
ESSEL Software has launched an exclusive software solution - retail pharmasoft - for medical retail traders to meet the requirements of retail pharmacy. Manually, it is very difficult for retail traders to maintain stock inventory and ... More

Laser Soft tool for United Bank
CHENNAI: Laser Soft Infosystems Ltd has provided United Bank of India its "e-Circular," which facilitates instant delivery of circulars, application formats and loan agreements from head office (in electronic form) to all branches and ... More

New tool from CashTech
PUNE: CashTech Solutions, a subsidiary of US-based Fundtech Ltd. and provider of products and solutions in cash management, payments and settlements, has unveiled its next generation J2EE-based TransactCentral application - TransactCashIn ... More

IT TRAINING


Aptech Beida retains top slot in China
APTECH Beida Jadebird IT Co. Ltd, a joint venture of Aptech in China, has announced it has maintained its top position in IT training in China for the third consecutive year topping $40 million revenues, according to CCID (China Centre for ... More

Microsoft plans teachers training facility in Chennai
MICROSOFT India plans to launch a teacher training facility in Chennai to enable teachers adopt best techniques in imparting IT knowledge and practice to students. Mr Ravi Venkatesan, Chairman, Microsoft, India, expressed this during his ... More

MERGERS & ACQUISITIONS


Goldstone Tech buys US company
GOLDSTONE Technologies Ltd has acquired StayTop Systems Inc, a San Jose-based provider of Oracle Consulting Services, in cash-cum-stock deal valued at about $2.1 million (around Rs 9 crore). The Managing Director of Goldstone Technologies, Mr ... More

ALLIANCES & JOINT VENTURES


Four Soft, IES in pact
HYDERABAD: Four Soft Ltd and IES Ltd, both solutions providers of transportation, logistics and supply-chain management, announced a strategic partnership to target the North American market with a joint solution offering. For Four ... More

OFF-SHORE DEVELOPMENT


Cognizant's Shanghai centre to function from April
COGNIZANT'S Shanghai development centre in China would start operations in April. The centre will begin with a 300-seat facility, and around 25 persons are to be recruited in the next few months, according to Mr Narayanan. It has ... More

SECURITY


Indian Web site defacements down
THE number of Indian Web sites defaced across popular domain names like `.com' and `.org' dropped to 218 during February compared to a whopping 798 in the previous month, according to data recorded by the Indian Computer Emergency Response Team ... More

ISPS


Many ISPs discontinue VPN services
A LARGE number of ISPs including Spectranet, GTL Ltd and Asianet have told the Government that they are discontinuing virtual private network (VPN) services. The move comes after the Department of Telecom imposed a licence fee and an entry fee ... More

VENTURE CAPITAL


Janokka Tech in talks with VCs to raise $2 m
The Kalpathi family owns 100 per cent of Janokka Technologies and has provided about Rs 2 crore of seed funding. More


Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
Pick a Winner Stock Market Contest

Top Stories
72-hr trade bandh called in Bengal from tomorrow


Glenmark, Shasun ink pact to develop drugs for US

Centre to borrow Rs 83,000 cr in H1

Cognizant on big expansion spree in Chennai — Plans development centre in Coimbatore

Traders gain from Nafed's price support operations

General insurers pitching to provide risk cover to port trusts

In Focus

BHEL Disinvestment
The Yuan Revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
More

In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Mar. 20-Mar. 26
MTNL floats Rs 1,000-cr tender for 3G services

Calsoft takes 51 pc stake in US co

i-flex keen to buy insurance product

Protocols for automotive electronics — Infosys becomes premier partner in Autosar

Centre to absorb Group A officers of BSNL, MTNL


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line