The Hindu Business Line : Tuesday, April 26, 2005

BSNL offer for ILD calls — VSNL loses 5 sectors to Reliance
RELIANCE Infocomm edged out the Tatas-managed Videsh Sanchar Nigam Ltd to emerge as the lowest bidder for carrying Bharat Sanchar Nigam Ltd's international long distance calls in five sectors even as the latter emerged the lowest bidder in the ... More

Karnataka State Board SSLC results on Reliance mobile phones
THE results of SSLC (10th standard) examination, conducted by the Karnataka State Board, will be available on Reliance India Mobile's `R World' from April 26. A Reliance Infocomm release said here on Monday that the Karnataka State Board has ... More

Hutch flags off `mobile' shops in Hyderabad
HUTCH, the cellular service provider, has flagged off the first in the series of three `Mobile Hutch Shops' here on Monday. Addressing a press conference after launching the mobile shop, Mr Samuel Selvakumar, Operations Director of Hutchison ... More

`Telecom expenses likely to go down marginally in 2005'
EXPENDITURE incurred by medium-sized companies in India on telecommunications is likely to go down marginally in 2005 compared with 2004, thanks to the expected decrease in fixed line telecom charges and cellular tariffs, according to the New ... More

BPL Mobile expansion plans
BANGALORE: BPL Mobile on Monday announced the launch of Project Rapid Growth with plans to add 1.5 million wirefree consumers in the current financial year, 2005-06. Project Rapid Growth envisages an investment of Rs 625 crore and ... More

Bharti plans to begin 3G trial runs by month-end
BHARTI Tele-Ventures is set to begin trial runs of 3G mobile services by April-end. The company has sought spectrum from the Department of Telecom (DoT) to conduct the trial runs. The company has told the DoT that it has set in place the ... More

BPL Mobile in talks to sell up to 49% stake
BPL Mobile is in talks for selling up to a 49 per cent stake to a strategic partner. The company on Tuesday said it plans to invest Rs 625 crore for strengthening its cellular network. The company is planning to partner with another telecom ... More

FINANCIAL PERFORMANCE

MTNL net up 5.26 pc in Q4
MAHANAGAR Telephone Nigam Ltd has posted a 5.26 per cent rise in net profit at Rs 323.27 crore for the quarter ended March 31, 2005. The figure stood at Rs 307.09 crore in the corresponding quarter last year. Total income has increased 4.59 per ... More

HCL Tech Q3 net income up 25 pc
HCL Technologies on Monday reported a 25 per cent increase in its consolidated net income for the third quarter ended March, 2005 at Rs 157.2 crore against Rs 125.8 crore in the year-ago period on the back of a strong performance in business ... More

HARDWARE

IT expert panel may recommend PC finance as priority sector lending
AN IT expert committee constituted by the Government to increase PC penetration, internet and domestic software market is likely to recommend the mandating of PC finance as a priority sector lending and amending the Income-Tax Act to include ... More

SOFTWARE

Indian language fonts soon on PCs: Maran
IN a bid to enhance penetration of computers and Internet in the country, the Government is planning to make it mandatory for original equipment manufacturers (OEM) to load fonts in 23 Indian languages onto the computers sold in the ... More

i-flex tool for BMO Group
BANGALORE: i-flex Solutions said on Monday that BMO Financial Group that operates in the North American region has selected its Reveleus Basel II Solution. T The solution will provide BMO with a complete set of rules, computation ... More

HUMAN RESOURCES

Malaysia frees detained HCL Tech employees
NEW DELHI: The Malaysian authorities have released two Indian software engineers working with HCL Technologies, according to a top company official. The two were detained last week on suspicion of being illegal immigrants, despite having ... More

TN companies lead in hiring confidence: Study
FOR the quarter April-June '05, companies in Tamil Nadu have expressed the highest hiring confidence, followed by Andhra Pradesh and Gujarat. Surprisingly, Karnataka, home to more than a thousand IT and ITES companies, comes seventh in the ... More

EVENTS

Looking back

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Malaysia frees detained HCL Tech employees

RBI moots self-regulatory body for card issuing banks

Indian language fonts soon on PCs: Maran

`Average earner is risk averse'

Small cars continue to rule the sales chart

Now, KPO in patents

In Focus

BHEL Disinvestment