The Hindu Business Line : Wednesday, October 26, 2005

Tata Teleservices subscribers touch 5 lakh in Karnataka
TATA Teleservices has announced that it has a cumulative customer base of five lakh in Karnataka. Services include fixed wireless, CDMA mobile, landline, broadband and other value-added services. The company recently invested Rs 3-4 crore ... More

`Plan 140' helps Coimbatore BSNL post growth
COIMBATORE has managed to reverse the negative growth seen in BSNL basic telephone lines till last year. The public sector telephone provider has recorded positive growth this year in the district, thanks to the introduction of the `Plan 140' ... More

Tata Indicom celebrations in AP
HYDERABAD: Tata Indicom is celebrating the success of its `Non-Stop Mobile' service with Sania Mirza and Narain Karthikeyan. This coincides with Tata Indicom notching up 7.5 lakh subscribers in Andhra Pradesh. The `Non Stop Mobile' ... More

You can trade soon on Nokia mobiles
NOKIA and transaction automation software provider Financial Technologies India Ltd have announced a partnership to offer iWin, a trading application that enables users to see market rates and also enter/modify/cancel orders while on the move, ... More

FINANCIAL PERFORMANCE

VSNL posts flat growth in Q2
VIDESH Sanchar Nigam Ltd has announced a near flat growth of 3.2 per cent in net profit for the second quarter ended September 30, 2005. This was due to a modest increase in sales resulting from fall in tariffs, more than corresponding ... More

HARDWARE

IBM scheme to tap SME customers
PAY Re 1 and take away an IBM server, and give the balance amount in instalments. This is one of the measures that IBM has adopted in India to tap the small and medium size customers, according to a company official. The scheme is customised to ... More

New Pavilion PCs from HP
IN a bid to strengthen its presence in the high-end PC segment, Hewlett Packard India today unveiled a new range of Pavilion PCs targeted at technology savvy audience. The Pavilion PCs allow users to simultaneously watch a DVD while recording a ... More

SOFTWARE

Satyam forms think tank for strategic deals
SATYAM Computer Services has set up a `think tank' for large outsourcing deals and has roped in the services of a former top executive of Computer Sciences Corporation (CSC) to head it. The mandate of the Strategic Deals Group, currently ... More

QuEST plans IPO to fund overseas buys
ENGINEERING solutions provider QuEST could perhaps be the first in its space in the country to talk of a public offer. QuEST is starting to first upgrade its Bangalore centre into a full-fledged Indian entity prior to tapping the capital market ... More

Tanner EDA signs on TechForce
BANGALORE: The California-based Tanner EDA has signed on TechForce as the Indian distributor for its electronic design automation tools. The Bangalore-based TechForce India will also provide sales and support for the chip design tools. ... More

Intelligroup deploys suite for Telik
HYDERABAD: Intelligroup has announced the completion of Oracle E-Business Suite implementation for Telik, a US-based biopharmaceutical company engaged in discovery, development and commercialising drugs to treat cancer, according to a ... More

Satyam, partner for Valvoline Cummins
VALVOLINE Cummins Ltd, a manufacturer of lubricants and car care products, has chosen Satyam Computer Services Ltd, as its integrated enterprise business solution implementation partner. Consequently, Satyam will act as a strategic partner to ... More

`Infosys complies with SOX Act'
INFOSYS Technologies Ltd has said it is now compliant with Section 404 of the Sarbanes Oxley Act of 2002 (SOX Act), well in advance of the mandatory deadline of March 31, 2007. With this certification, Infosys ranks among the earliest foreign ... More

TCS launches Chennai centre for infrastructure management & BPO
TATA Consultancy Services (TCS) on Tuesday inaugurated its centre in Chennai for providing infrastructure management and business process outsourcing (BPO) services. With about 250,000 sq. ft. of space at an investment of Rs 45 crore, the ... More

Mastek to hire 1,500 this year
SOFTWARE solutions and integration services provider Mastek will recruit an estimated 1,500 people in the current year as it ramps up its operations in various areas to evolve into a company that delivers complete value-added business ... More

HTMT restores operations in Bangalore
HTMT has restored full operations within 24-36 hours for its international and domestic customers after heavy rains and subsequent flash flood situation in one locality in Bangalore forced the company to close one of its four delivery ... More

E-COMMERCE & E-BUSINESS

Insurers welcome e-trading of gilts
THE Reserve Bank of India has decided to extend electronic trading in gilts - the screen-based anonymous order matching - to insurance companies. By the end of September 2005, 117 members were active on this module. NDS-OM volumes ... More

BROADBAND

Spectrum row: Plan for joint working group put on hold
THE Government's plans to set to up a joint working group between global system for mobile communication (GSM) and code division multiple access (CDMA) operators to resolve their differences over spectrum have been put on hold. Earlier, the ... More

ISPS

Sify posts net loss of $1.4 m
SIFY Ltd today reported net loss of $1.4 million for the quarter ended September 2005, an increase of 33.33 per cent from a net loss of $ 1.05 million in the same quarter the previous year. It reported revenues of $ 26.7 million, a growth of 36 ... More

EVENTS

BANGALORE IT.IN 2005

Brand Bangalore IT's abode
MAINTAINING its pre-eminence in the information technology sector, the country's technology capital Bangalore continues to attract global IT investments. It's not just major global firms that are investing and expanding their operations in the ... More

Gaming with hi-tech gizmos
GONE are the days when video games were the only option for the gaming enthusiast. Now, he has a multitude of choices — computers, gaming consoles and even mobiles. With the arrival of sub-Rs 10,000 computers, gaming will also enter new ... More

Gitex IT show in Hyderabad
TO showcase the State as an investment destination, the State Government, in association with the Dubai World Trade Centre, has announced that `Gitex Hyderabad IT Exhibition' would be held at the Hitex International Exhibition Centre from ... More