Financial Daily from THE HINDU group of publications
Wednesday, September 28, 2005
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ANNOUNCEMENTS


Qualcomm clarifies
With reference to the news report "Virinchi enters into pact with Qualcomm, Mobitas," that appeared in these columns on September 20, Qualcomm clarifies it has not entered into any pact or agreement with Virinchi or Mobitas. Qualcomm has set up ... More

OUTSOURCING


Gecis changes name to Genpact — Eyes $1 b revenues by 2008
GECIS, a BPO company, today rechristened itself as Genpact and outlined a strategy to cross $1 billion in revenues by 2007-08, compared to projected $490 million in the current year. The rebranding of the company follows the sale of 60 per cent ... More

TELECOMMUNICATIONS


Sept 30 is deadline set for telecom officers to get absorbed in PSUs
THE Department of Telecom has approached engineers from Army Corps and retired officers from Bharat Sanchar Nigam Ltd to take over the operations of BSNL and MTNL in case the Indian Telecom Services (ITS) officers refuse to be permanently ... More

Bollywood on mobiles
HUNGAMA is launching its Bollywood mobile portal in international markets. Speaking to Business Line, Mr Neeraj Roy, Managing Director and CEO, Hungama, said the portal is being launched in 11 countries in association with 28 service ... More

Hutch to cover over 300 towns in Karnataka
HUTCH will cover more than 300 towns in Karnataka by the end of the current year. Currently, it covers more than 210 towns. Mr Samuel Selvakumar, Operations Director of Hutch, said this at a press conference here on Tuesday. Mr Selvakumar ... More

INFRASTRUCTURE


Changing the old face of Mumbai
The chimney of Jupiter mill being demolished at Elphinstone road in Mumbai on Tuesday. The 11-acre mill land, which was purchased by financial services firm Indiabulls for Rs 276 crore in March, is likely to house a brand new IT park, the first ... More

Marg Constructions plans three IT parks in Chennai
MARG Constructions Ltd will be investing Rs 200 crore to develop three information technology (IT) parks at Karapakkam on the Old Mahabalipurm Road here. Mr G.R.K. Reddy, Managing Director, Marg Constructions Ltd, said that the company has ... More

HARDWARE


H-P tops in x-86 server market
BANGALORE: Hewlett Packard has maintained leadership position in the x-86 server category in India, garnering 42 per cent year-on-year growth in absolute unit terms, according to IDC server tracker for the second quarter of 2005. H-P ... More

SOFTWARE


Infotech opens design centre for Alstom Transport
INFOTECH Enterprises Ltd today inaugurated its second design facility in Bangalore, which will exclusively work for Alstom Transport. The centre was inaugurated by Dr Jat Taufiq, Product Development Director, Rolling Stock Engineering, Alstom ... More

SQC lines up more verticals
SOFTWARE Quality Centre (SQC), a wholly owned subsidiary of a US-based software process improvement consulting and management advisory company, is launching new industry verticals. Based in Bangalore, SQC is a partner of the Software ... More

Mistral offers NMS platforms
BANGALORE: Mistral Solutions has announced the availability of Internet Protocol (IP) media processing platforms — CG 6565 and CG 6060, by its partner NMS Communications. The platforms will enable deployment of instant messaging ... More

INTERNET


PIB launches Web site
HYDERABAD: The Press Information Bureau (PIB) has launched its Web site for Hyderabad (http://pibhyd.ap.nic.in). Ms Deepak Sandhu, Principal Information Officer (PIO), New Delhi formally launched it at a function here. Hyderabad is the ... More

GENDER


Haryana not to allow some BPOs to hire women on night shifts
A few ITES companies operating from Haryana will not be allowed to deploy women on the night shift, as the firms have not fulfilled `certain legal provisions and procedures' required for an exemption to a clause that prohibits women from working ... More

HUMAN RESOURCES


Pro-Kannada activists demand more jobs for locals in IT sector
ACTIVISTS of Karnataka Rakshana Vedike, a forum of pro-Kannada organisations, staged a symbolic protest in front of Infosys Technologies Ltd's headquarters seeking more jobs for locals in the IT sector. They wanted Infosys to give more ... More

SECURITY


Benchmark tests under way on mFormation tool
US-BASED mFormation Technologies has partnered with security vendors for its new mobile device management product — Security Manager. Declining to reveal details of the partners, Mr Bhasker Sharma, Director - India Operations, mFormation ... More

`Attacks for financial gains on the rise'
NEW modes of security threat, with a focus on financial gain, have surfaced, causing huge losses, even as malicious code attacks have become rampant. The Symantec Corporation's Internet Security Threat Report on the first half of 2005 ... More

BONUS ANNOUNCEMENTS


Cranes bonus issue okayed
BANGALORE: Shareholders of Cranes Software International Ltd at the annual general meeting approved the company's proposal to issue 1:1 bonus shares, stock split, dividend and a preferential issue. The shareholders also approved a ... More

PEOPLE


Nirmal Jain joins Patni
MUMBAI: Mr Nirmal Jain, best known for his role as CEO of Tata Infotech, has joined Patni Computer Systems. He will join the office of the Chief Administrative Officer, Mr Vijay Khare. ... More



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