The Hindu Business Line : Saturday, September 17, 2005

Megasoft raises $8 m from FCCB issue
MEGASOFT Ltd has raised $8 million by issuing an FCCB (foreign currency convertible bonds) to non-resident Indian (NRI) investors. The proceeds from this issue will be used for expanding business, upgrade offshore development centres, research ... More

OUTSOURCING

Indian offshoring in publishing vertical to touch $1.1 b by 2010
"Outsourcing in the publishing segment has been prevalent for over two decades now. Macmillan began its off-shoring unit in India way back in 1977." More

TELECOMMUNICATIONS

TRAI `no' to misleading tariff plans — `Operators must come clean on zero rentals'
THE Telecom Regulatory Authority of India (TRAI) on Friday disallowed tariff plans with misleading titles such as `zero rentals' on the ground that operators were continuing to charge recurring hidden monthly fee. TRAI directed telecom ... More

DoT mulls rural interconnect gateway with USO support
IN a bid to resolve the interconnection dispute between Bharat Sanchar Nigam Ltd and private telecom operators, the Department of Telecom has proposed to take a series of measures, including setting up a rural gateway exchange for interconnection ... More

Southern Rly introduces Interactive Voice Response System
SOUTHERN Railway has introduced an Interactive Voice Response System (IVRS) to address bill queries that its suppliers might have. Through the telephone based enquiry facility, Southern Railway's suppliers can get the current status of their ... More

EDUCATION

Mysore varsity to start information management school
THE University of Mysore has announced the launch of International School of Information Management (iSIM) in collaboration with the University of Pittsburgh, International Institute of Information Technology-Bangalore and Informatics India Ltd. ... More

SOFTWARE

Aylus Networks sets up development centre in Bangalore
TECHNOLOGY start-up Aylus Networks Inc has set up its global development centre in Bangalore for mobility management switch solutions. The company plans to increase its headcount from 15 to around 25 by the year-end, said the company's ... More

Artech opens facility at Bangalore
BANGALORE: ARTECH India has opened its new facility, which will help the company expand its services and products footprint across the Southern region of India. According to Mr Yogendra Tripathi, Senior Vice-President and Country Head, ... More

IT TRAINING

Chinese province woos Indian IT, training cos
CHINESE eastern coastal province Jiangsu is wooing Indian IT and BPO companies for investments and software and IT education firms to train up its manpower base in the software sector. A high-level delegation from the province, which also met ... More

HUMAN RESOURCES

Softbridge grooms IT engineers in Japanese
AN increasing number of IT engineers from across the globe are making a beeline to Japan. It is also vice-versa as many of the Japanese engineers are making India as home, said Ms Yuki Fukushima, who is the Training Manager at the Pune-based ... More

Virtusa inducts Polaris official
HYDERABAD: Virtusa India, a subsidiary of Virtusa Corporation (US), on Thursday announced the appointment of Mr David Raj as Associate Director (HR) for its advanced technology centres (ATC) based in Chennai and Hyderabad. Prior to ... More

REGULATORY BODIES & RULINGS

TRAI's success rate with TDSAT only 20 pc
WHEN it comes to establishing the legality of its orders, the Telecom Regulatory Authority of India (TRAI) seems to be finding a problem convincing the telecom tribunal. Of the 10 major cases filed against the telecom regulator in the last four ... More

EVENTS

`KPO is the next big wave' — Moving towards third party outsourcing
KNOWLEDGE process outsourcing industry in India is poised to head towards being a $12-14 billion market by 2012. The trend in this fragmented industry is towards moving captive services to third-party outsourcing as large IT services firms are ... More

IT East 2005: KPO to get special emphasis
IT East 2005, being organised here on September 23 and 24, by the Confederation of India Industry (Eastern Region) will seek to showcase the potential in the fast-growing, high-value, knowledge process outsourcing (KPO) business, with special ... More

`Lack of skilled manpower slowing KPO sector growth'
THE Nasscom (National Association of Software and Service Companies) President, Mr Kiran Karnik, has expressed concern over the lack of skilled workforce in the Indian knowledge process outsourcing (KPO) industry. To clients, the industry ... More

Bangalore IT forum willing to participate in tech show
THE Bangalore Forum for Information Technology (BFIT), representing 20 companies, has said it is willing to participate in Bangalore IT.in, if the Government included a session on infrastructure. In a communication to the Karnataka Chief ... More