The Hindu Business Line : Wednesday, June 22, 2005

Tata Industries unit e2e eyes overseas business
THE Tata Industries-promoted Business Process Outsourcing enterprise, e2e Service Solutions, is on an overdrive. It has grown from a 300-member team to 4,000 plus in less than eight months clocking revenues of Rs 500 crore. The company, a ... More

TELECOMMUNICATIONS

Idea to finalise biz plans by month-end
IDEA Cellular Ltd plans to finalise its stake sale plan and business strategy including its capex by the month-end in consultations with its promoters — the Tata group, the Birlas and AT&T (Cingular). The Managing Director of Tata ... More

New Motorola handsets
COIMBATORE: Motorola unveiled three new mobile devices - the Motorola SLVR V6, PEBL V6 and Black RAZR V3 - during the CommunicAsia 2005 expo in Singapore last week. These products were created for the image-conscious user, who ... More

Mobile Hutch shop launched
HUTCH, which has a market share of 19 per cent and over four lakh subscribers in Andhra Pradesh, is striving to improve service and reach out to rural areas, according to Mr Hamir Bakshi, Chief Operating Officer, AP circle. He was speaking at a ... More

FINANCIAL PERFORMANCE

MTNL net down 18.3 pc; total dividend at 45%
STATE-OWNED telecom major Mahanagar Telephone Nigam Ltd (MTNL) has reported an 18.38 per cent drop in its net profit for 2004-05 at Rs 938.97 crore. The board of directors of the company has recommended a dividend of 45 per cent, including an ... More

HUMAN RESOURCES

TCS to hire 13,500 more
TATA Consultancy Services (TCS) will make a net addition of 13,500 employees, including 2,000 overseas, to its workforce during the current fiscal. Of the 13,500 net additions, 6,500 are campus recruits who were given offer letters last year, ... More

MERGERS & ACQUISITIONS

i-flex to buy Capco tool
I-FLEX Solutions Ltd said on Tuesday that it is acquiring the operational risk product of Capco, a global financial services consultancy and IT solutions provider, for an undisclosed sum in an all-cash deal. Mr N. R. K. Raman, Chief Operating ... More

Ciber signs deal to buy Knowledge Systems for $2.5m
GLOBAL system integration consultancy firm Ciber Inc is acquiring the Bangalore-based IT firm Knowledge Systems Pvt Ltd in a $2.5 million deal. Ciber has signed a definitive agreement to acquire Knowledge Systems and expects to close the deal ... More

ALLIANCES & JOINT VENTURES

SingTel ties up with Noida STP to offer e-learning solutions
SINGAPORE Telecommunications (SingTel) has entered into a strategic alliance with Noida Software Technology Park to offer e-learning solutions in India for global markets. The financial details of the agreement are not known. This is ... More

Intelenet in pact with European co
BPO service provider Intelenet Global Services Ltd is planning to increase its employee strength to 10,000 in the next two years and to 20,000 by 2009, according to the company's CEO, Mr Susir Kumar. Intelenet has entered into a strategic ... More

E-COMMERCE & E-BUSINESS

MakeMyTrip.com to focus on India
THE launch of e-tickets by airlines, a lead that the Railways plans to follow, as well as the growing use of the Net to make air and rail bookings have given an impetus to the expansion plans of MakeMyTrip.com, a domestic online travel ... More

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