Financial Daily from THE HINDU group of publications
Thursday, July 21, 2005
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Financial Daily from THE HINDU group of publications Thursday, July 21, 2005 |
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INFO-TECH OUTSOURCING `CEO's role crucial in outsourcing' THE outsourcing of IT and other business processes is likely to move from a 2005 average of 12 per cent of organisational costs to 20 per cent by 2008, according to a study on outsourcing by LogicaCMG. The report, undertaken across the US, ... More TELECOMMUNICATIONS Push-to-talk: DoT showcause to Tata Tele THE Department of Telecom has issued a showcause notice to Tata Teleservices seeking explanation as to why a penalty of Rs 50 crore should not be slapped for offering `Push-To-Talk' service. DoT has said that the service is illegal and could ... More COURTS/LEGAL ISSUES Kerala HC quashes petition against Smart City project THE Kerala High Court on Wednesday dismissed at the admission stage itself the writ petition seeking to restrain the State Government from transferring Infopark Kochi to the Dubai Internet City or any other person. The petition, filed by Mr N. ... More FINANCIAL PERFORMANCE KPIT Cummins Q1 net up at Rs 70 cr KPIT Cummins Infosystems has posted consolidated revenues of Rs 69.96 crore for the first quarter ended June 2005, an increase of four per cent sequentially. On a year-on-year basis, consolidated revenues grew 14.95 per cent (Rs 60.86 crore in ... More
SOFTWARE Weak euro may hit Wipro Q1 margins WIPRO, which will announce its first-quarter earnings on Friday, could see its margins taking a hit in the absence of any positive triggers such as hike in billing rates and due to factors such as weak European currencies and higher visa ... More
California Software opens office in US
HUMAN RESOURCES `Average salary rise in India the highest in Asia' INDIA had the maximum average salary increase of around 10 per cent in Asia-Pacific in 2005, according to a study done by Watson Wyatt Asia Pacific, which provides services in the areas of human capital. The Indian business process industry had ... More MERGERS & ACQUISITIONS 
BPL Mobile in Rs 4,400-cr deal with Hutchison Essar — The biggest M&A in Indian telecom spaceMR Rajeev Chandrasekhar, Chairman & CEO of BPL Mobile, along with his co-investors, have entered into an agreement with Hutchison-Essar to sell their 64 per cent stake in the flagship BPL Communications Ltd in all cash deal with an enterprise ... More SECURITY Tech support: Pointsec in talks with 3 firms POINTSEC, a mobile device security provider, expects to start offering technology support services to its Asia-Pacific customers from India soon. "The company is in talks with a couple of Indian firms for outsourcing its operations that could ... More VENTURE CAPITAL Hellosoft seals $16-m funding HELLOSOFT, the embedded software maker, announced it has completed $16-million series B financing led by Boston-based TD Capital Ventures. This round of funding included participation from new investors Mitsui & Co, Venture Partners and ... More PIRACY Trojan horse attacks on the rise WEBSENSE Security Labs has, in the last fortnight, registered a steep rise in Trojan horse downloaders and banking Trojan horses. (Trojan horse is a malicious program that is disguised as legitimate software). The security lab has detected over ... More PEOPLE Rajeev Chandrasekhar moves on to live his next dream Now at 41, Mr Rajeev Chandrasekhar, following today's sale of his cellular business with enterprise valuation topping $1 billion, is staring at new opportunities. It could be either tourism, or software, or media and entertainment, or it could ... More
Another Bharti executive joins Reliance Infocomm Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Tracking the rains FDI in Print Media Sethusamudram Canal Project Indo-S'pore Economic Treaty India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jul. 10-Jul. 16 Now outsource thinking, a la Virtusa You can go mobile on flights soon! Infosys to hire 13,500 more, scales up capex Intel team coming for talks on unit Hexaware scales down guidance Satyam launches Futurus lab BSNL takes group life cover from LIC for Rs 4,770 cr |
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