The Hindu Business Line : Tuesday, August 23, 2005

IIIT-H enters next phase thru R&D
THE International Institute of Information Technology, Hyderabad (IIIT-H) has entered the next phase of growth laying special emphasis on research and development work through strategic partnerships. The Director of IIIT-H, Prof. Rajeev ... More

PREFERENTIAL ALLOTMENTS

Danlaw Tech to issue pref shares
HYDERABAD: Danlaw Technologies India Ltd has informed BSE that the board has decided to issue 5,00,000 preferential shares through private placement at a premium of Rs 55 per share aggregating Rs 3.25 crore. At a meeting on Sunday, the ... More

OVERSEAS BORROWINGS

Financial Tech to raise $100 m
MUMBAI: Financial Technologies (India) Ltd plans to raise $100 million. Its board of directors on Monday approved the proposal to issue either American Depository Receipts (ADRs) or Global Depository Receipts (GDRs) or any other ... More

TELECOMMUNICATIONS

`Private sector must play bigger role in rural telephony'
THE Minister of State for Communications and Information Technology, Dr Shakeel Ahmad, has called upon the private sector to play a greater role in the facilitation of rural telephony across the country. "More efforts" are needed from the ... More

Nokia's global investors meet to focus on India
FINNISH major Nokia is bringing investors, analysts, bankers and researchers from across the globe to India on August 25 for a "Focus on India" meeting. This is the first time that the company will be holding such a meeting in India which will ... More

10-years of cell phones
A man using a mobile phone in front of the Central Telegraph Office in Kolkata on Monday. Exactly ten years ago — on August 23, 1995 — the first cellular phone call was made by the then Chief Minister of West Bengal, Mr Jyoti Basu, ... More

BSNL extends automatic trunk booking facility
BSNL has extended the automatic trunk booking (ATB) for international trunk exchange (ITX) for seven Telangana districts. This facility will come into force on August 24. The seven districts include Adilabad, Mahbubnagar, Nalgonda, Nizamabad, and ... More

HARDWARE

`HCL tops in desktop PCs'
NEW DELHI: HCL Infosystems, on Monday, said it has been rated as the top desktop PC company by IDC India's Quarterly PC market tracker report. In comparison with the second quarter of 2004 to second quarter of 2005, HCL's market share ... More

IT TRAINING

TN in pact with Microsoft for training teachers
MICROSOFT Corporation India and the Tamil Nadu School Education Department on Monday signed an agreement to provide training to teachers in the State by establishing and running an information technology academy in the city for a period of five ... More

HUMAN RESOURCES

SDG Software to step up headcount in Indian centres
The services that SDG offers include trust identity and provisioning, e-business solution, enterprise solution and managed support services. More

MERGERS & ACQUISITIONS

Virinchi set to buy US co
VIRINCHI Technologies Ltd is close to acquiring a US-based company and will seek approval at the company's board meeting later this week. Later, it will seek shareholders nod to raise funds to meet its requirements. Confirming this ... More

BROADBAND

As urban market saturates — VSAT operators seek incentives from Govt for rural connectivity
FACED with a saturated market in urban India, the Very Small Aperture Terminal (VSAT) operators have proposed to roll out data services such as broadband and e-education services in rural areas to meet the Government's objectives of connecting ... More

EVENTS

Nasscom planning national IT aptitude test
IN its bid to ease the load of IT companies in the recruitment process, the National Association of Software and Services Companies (Nasscom) is planning a national level IT aptitude test on the lines of GATE/CAT or the GRE tests. Though the ... More

OUTLOOK

TCS eyeing life sciences, diagnostics sectors
The life sciences sector is a new growth engine at TCS that provides the entire gamut of offerings spanning genomics and proteomics, database integration, drug discovery and preventive healthcare. More

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