The Hindu Business Line : Wednesday, April 20, 2005

Polaris plans buy-back
CHENNAI: Polaris Software Lab Ltd on Tuesday said that the directors on its board, in a meeting to be held on April 27, would consider a proposal for purchase of the company's own equity shares. In other words, it would consider a ... More

TELECOMMUNICATIONS

BSNL likely to slash call rates to Gulf region
BHARAT Sanchar Nigam Ltd (BSNL) is considering slashing call rates to the Gulf countries in a bid to counter illegal routing of international calls, said Mr Mathew George, General Manager (Finance), BSNL, Kerala Circle. While Mr George refused ... More

Tata Indicom ad blitz for youth
FOR a telecommunication service provider, what can be tougher than implementing expansion of network and simultaneously building an array of products and services spread across the spectrum of telecom value chain? Simple. It is the challenge ... More

FINANCIAL PERFORMANCE

TCS net profit drops in Q4 — Company's shares fall by 8.37 pc
TATA Consultancy Services Ltd (TCS) today reported a consolidated net profit of Rs 471.79 crore on an operational income of Rs 2,603.97 crore for the fourth quarter of 2004-05.This is a 34 per cent decline from the reported third quarter net ... More

HCL Info Q3 net up; stock split mooted
HCL Infosystems on Tuesday posted an 18-per cent rise in its consolidated net profit for the third quarter at Rs 65.4 crore compared to Rs 55.47 crore in the year-ago period, even as the revenues crossed $1-billion mark in the nine-month period ... More

Hexaware Q1 net doubles to Rs 23 cr
MUMBAI: Hexaware Technologies Ltd reported a 101.6 per cent increase in net profit at Rs 23.23 crore for the first quarter ended March 2005 against Rs 11.52 crore in the year-ago period. Global revenues for the quarter stood at Rs 164.06 crore ... More

SOFTWARE

TCS revenue disappoints
TATA Consultancy Services (TCS) has spooked the markets with an earnings performance for the fourth quarter ended March 31, 2005, which has turned out to be below market expectations. Since the markets were already rattled by the ... More

Oracle to launch Fusion
ORACLE will launch, within the next three years, an enterprise software product called Fusion that would facilitate the migration of PeopleSoft and J.D. Edwards' clients to the Oracle platform, according to Mr Samik Nandi, Director of Business ... More

Greek bank signs up for Finacle
BANGALORE: Infosys Technologies has announced that Aspis Bank in Greece has signed up for Finacle universal banking solution to power its core banking and treasury operations across 66 branches. Aspis Bank is embarking on a business ... More

Taiwan bank, i-flex in pact
BANGALORE: Ta Chong Bank, Taiwan, and i-flex solutions signed an agreement on Tuesday to implement i-flex's Flexcube and Reveleus software product suites at Ta Chong Bank. Flexcube will serve as Ta Chong Bank's single back-office ... More

MS appoints eSys as distributor
NEW DELHI: Microsoft Corporation India on Tuesday announced the appointment of eSys, a Singapore-based IT component distribution company, as a nation-wide distributor for products targeted at the system builder market in ... More

ALLIANCES & JOINT VENTURES

MatrixView signs pact with Agfa HealthCare
MATRIXVIEW Ltd has said that its wholly-owned subsidiary, MatrixView Healthcare, has signed a collaboration agreement with Agfa HealthCare Asia-Pacific. The two companies will jointly assess the feasibility of implementing MatrixView's ... More

SECURITY

Nasscom shrugs off online fraud impact
THE National Association of Software and Service Companies (Nasscom) on Tuesday said the recent fund transfer case involving ex-employees of a Pune-based business process outsourcing (BPO) firm has raised some concerns but not created panic or ... More

EVENTS

ESC to lead 20-member team for EnterpriseIT expo
THE Electronics and Computer Software Export Promotion Council (ESC) will lead a group of 20 companies to EnterpriseIT2005 to showcase their enterprise solutions and boost export opportunities at the four-day Singapore Expo, starting from June ... More

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