The Hindu Business Line : Thursday, October 13, 2005

Progeon to open centre in China
PROGEON, the BPO subsidiary of Infosys Technologies, plans to open a centre in China and it is likely to be operational the next financial year. "The China centre will mainly cater to our existing global clients," said Mr Akshaya Bhargava, CEO ... More

TELECOMMUNICATIONS

Nokia plant may go operational in April
NOKIA'S Sriperumbudur plant near Chennai is likely to begin manufacturing operations in March or April 2006, according to the Union Minister of Communications and Information Technology, Mr Dayanidhi Maran. The construction plan is a little ... More

Tata Tele's new mobile phone
KOCHI: Tata Teleservices has announced the launch of a branded mobile phone, Indicom Star, in the Kerala market. Indicom Star is a stylish new mobile phone, which comes with a large screen size and 65k colour display. It is equipped ... More

Palm Treo 650 available at Hutch shops
MOBILE manufacturer Palm Inc has announced that the Treo 650 smart phone will be available through network operator Hutch in India. A smart phone is a mobile that offers PDA features, such as e-mail, organiser and Web access. It can also be ... More

FINANCIAL PERFORMANCE

Infosys Q2 net rises 36 pc
INFOSYS Technologies Ltd, which crossed the billion-dollar revenue mark in fiscal 2004, will turn into a multi-billion entity by end-fiscal 2006. A strong volume growth backed by an improved pricing scenario helped the second largest software ... More

TCS net moves up to Rs 694 cr
TATA Consultancy Services (TCS) has reported a net profit of Rs 693.71 crore for the quarter ended September 30, 2005, against Rs 574.76 crore in the year-ago period. The strong performance came on the back of a 22 per cent growth in its ... More

Infosys rides high on revenue growth
THE earnings season for the software services sector has opened on a positive note. Infosys Technologies clocked a robust second quarter ended September 30, 2005, with a 10 per cent sequential (quarter-on-quarter) growth in revenues and a 13 per ... More

TCS buoyed by more biz from top client
RIDING on a buoyant demand environment and order pipeline for offshoring, Tata Consultancy Services (TCS) has recorded a 10 per cent growth in revenue and post-tax earnings in the second quarter ended September 30, 2005. The significant ... More

MphasiS BFL posts 28 pc-rise in Q2 net
THE MphasiS BFL Group reported a 28 per cent increase in the net profit to Rs 40.16 crore for the quarter ended September 30, 2005, up from Rs 31.51 crore in the corresponding quarter last year. Revenues were up 18 per cent to Rs 227.45 crore (Rs ... More

iGATE Global Q2 net up 85 pc
iGATE Global Solutions said its profits increased by 85 per cent to Rs 5.62 crore for the quarter ended September 2005 compared to Rs 3.04 crore in the corresponding quarter last year. The company reported a 5.6 per cent growth in second ... More

HARDWARE

Compage opens AMD store
HYDERABAD: Compage Computers Pvt Ltd, a distributor for high quality hardware and software brands, today announced the launch of Hyderabad's first, exclusive AMD store. The AMD store would provide the experience and benefits of 64-bit ... More

SOFTWARE

Nasscom in pact with Canada peer
THE National Association of Software and Services Companies (Nasscom) has signed a Memorandum of Understanding (MoU) with the Information Technology Association of Canada (ITAC) to encourage information exchangeon IT industry issues. "A joint ... More

Currency hedging: Infosys plans to take more options
INFOSYS Technologies plans to take more options as part of its currency hedging mechanism going forward. At the end of September quarter, Infosys had taken options for 9 million euros and pounds. "After that we have taken options for 40 ... More

Mercury enterprise suite
BANGALORE: Mercury Interactive Corporation, a provider of business technology optimisation software, announced the launch Mercury BTO Enterprise suite. This suite is designed to help business and IT executives gain control and ... More

IT TRAINING

Juniper routing courses
HYDERABAD: Juniper Networks Inc has announced that Isilica Networks India, based in Hyderabad, will expand its Juniper training offer later this month with the addition of network security courses. Isilica Networks is Juniper's first ... More

HUMAN RESOURCES

Recruitment-on-road
HR-One, a human resources firm, has started a mobile recruitment centre that is travelling around Bangalore virtually recruiting people off the roads.

TRADE & LABOUR UNIONS

`Over 400 officers opt for absorption in BSNL, MTNL' — Telecom officers' association contests claim
EVEN as the tussle between the Government and Indian Telecom Service Association (ITSA) threatens to cast an uncertainty over the functioning of telecom services in the country during this festival season, the Department of Telecom (DoT) on ... More

INTERVIEW

US IT sector seeks hike in cap for H1B visas
`The inability to hire enough skilled talent born outside the US - many of whom have been educated in US institutions of higher education - harms the ability of the US to compete in an increasingly global economy.' More

OUTLOOK

Infosys bets on delivery model
INFOSYS is betting on its global delivery model to maintain its growth, wherein it doesn't foresee any major improvement in technology spending in key markets such as the US and Europe. "Tech spending is not going to go up dramatically," said ... More

Consulting arm may break even in Q4
INFOSYS Technologies expects its consulting subsidiary to break even in the fourth quarter of the current fiscal. Mr S. Gopalakrishnan, Deputy Managing Director and COO, Infosys, told analysts in a post-earnings conference call that the company ... More

PEOPLE

Veraz Networks appointment
BANGALORE: California-based Veraz Networks has named Mr Mohan Loke General Manager, India Development Operations. The company provides packet telephony solutions for traditional and next-generation communications networks. "Our India ... More

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