The Hindu Business Line : Wednesday, August 03, 2005

Tata Tele launches `Indicom Gem' mobile
TATA Teleservices, which offers mobile and fixed telephone services, has launched a branded mobile phone — `Indicom Gem.' This mobile phone is exclusively designed and manufactured for Tata by Huawei, a global telecom equipment ... More

INSIGHT

Open source software is a movement that is gathering momentum
IT MAY be a matter of time before the Rs 9,990-price tag of HCL on the people's PC launched a couple of days ago loses its sheen, even as technology races to offer lower prices for a hungry market like India, and ... More

FINANCIAL PERFORMANCE

UTV Soft nets Rs 3.5-cr profit
MUMBAI: UTV Software Communications Ltd has reported a net profit of Rs 3.5 crore on revenue of Rs 48.9 crore.

Zicom net up 44 pc
ZICOM Electronic Security Systems net profit rose 44 per cent to Rs 1.17 crore for the June quarter compared to Rs 81.26 lakh in the corresponding quarter of last year. Revenues rose 32.87 per cent to Rs 13.61 crore from Rs 10.23 crore during ... More

Surana Tele revenues dip, net spurts
HYDERABAD: Surana Telecom has suffered a dip in its revenues for the first quarter ended June 30, 2005, to Rs 21.82 crore from Rs 35.74 crore during the corresponding quarter last year. However, its net rose to Rs 4.08 crore (Rs 1.19 ... More

Four Soft net at 0.99 cr
HYDERABAD: Four Soft has recorded a total income of Rs 6.88 crore and a net profit of Rs 0.99 crore for the quarter ended June 30, 2005 against a total income of Rs 4.81 crore and a net profit of Rs 1.16 crore during the corresponding ... More

Net 4 India net zooms
NEW DELHI: Net 4 India Ltd, an IP communications provider, reported a net profit of Rs 1.48 crore for the first quarter ended June 30, 2005, a 391-per cent growth over the corresponding year-ago period. The company reported revenues of ... More

Pentamedia Graphics net profit at 1.76 cr
CHENNAI: Pentamedia Graphics Ltd has reported a net profit of Rs 1.76 crore on total sales and services of Rs 20.12 crore for the quarter ended June 30, 2005 compared to a net profit of Rs 3.02 crore on total sales and services of Rs 38.17 ... More

SOFTWARE

Innosoft plans to shift focus from IT to infrastructure
INNOSOFT Technologies Ltd - a Hyderabad-based plastic products manufacturing and IT services provider - has announced its move to diversify into infrastructure development and power-related services. The Chairman and Managing Director of ... More

Sun Micro to invest more in India
SUN Microsystems Inc expects to invest more in the India operations, which saw a 28 per cent growth in revenues for the year-ended June 2005. India, China, Russia and Czech Republic have been identified by Sun Microsystems as the major investment ... More

HUMAN RESOURCES

TCS hires 1,100 from campuses in one day
The clamour for getting good talent in big numbers seems to be getting louder in the IT software industry. TCS is the latest in line claiming a record as it made offers to about 1,100 fresh engineering graduates in a single day on the first of ... More

MERGERS & ACQUISITIONS

Oracle to buy 43 pc stake in i-flex — Plans another 20 pc through open offer
As per the deal, the current i-flex management team will continue to run the company and will align product development, sales, marketing, and services activities with Oracle. More

Handsome pay-off for Citigroup arm
WHY is Citigroup's arm, Citigroup Venture Capital International, selling out its equity stake in i-flex Solutions, a company created by the group in the nineties? That is a question that would have been on everybody's mind the day Oracle ... More

ALLIANCES & JOINT VENTURES

EDS, Cognizant in alliance
CHENNAI: EDS, a global technology services company, has announced that it has selected Cognizant Technology Solutions as an alliance member. The alliance supports EDS' transformation plan to become more cost competitive, adopt industry ... More

ISPS

ISPs want USO funding extended to broadband
THE Internet service providers (ISPs) want the Government to extend the Universal Service Obligation (USO) Funding to broadband. They are also keen to offer both broadband and Voice over Internet Protocol (VoIP) services in the domestic market. ... More

EVENTS

Infosys to host analysts' meet in Hyderabad
HYDERABAD: Infosys Technologies Ltd has announced it will host its Annual Analyst Meet on Friday, August 12, 2005 at its campus in Hyderabad and discuss the state of the business. Mr N.R. Narayana Murthy, Chairman and Chief Mentor will ... More

IPOS

Sasken IPO price band at Rs 230-260
BANGALORE: Sasken Communication Technologies Ltd has fixed a price-band of Rs 230-260 per share for its proposed initial public offer (IPO). The company expects to raise between Rs 115-130 crore through the IPO, which would be 100 per ... More

PEOPLE

Infotech CFO in new role
HYDERABAD: Infotech Enterprises Ltd has informed the Bombay Stock Exchange that effective August 1, Mr Mohan Krishna Reddy, Chief Financial Officer, will move into a new role as Advisor to Chairman and Managing Director (CMD). In this ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Top Stories
Marooned in Mumbai

Water storage level 25 pc higher than average in a decade — Oil seeds, rice coverage still lagging behind

Youth rescued from rare cancer caused by prevalent bacteria

Mumbai rain claims at 10,000 for Rs 1,500 cr

Markets under close watch: Chidambaram

ONGC may have to invest Rs 600 cr to rebuild Bombay High

Under-recoveries by oil cos may exceed Rs 40,000 cr: Aiyar

Rains wreak havoc — Maharashtra poultry industry in trouble

UB sets up airline co in US — Mallya's Children own 75 pc stake

In Focus