Financial Daily from THE HINDU group of publications
Tuesday, January 31, 2006
Markets (January 30)
BSE Sensex9849.03 (-21.76)
S&P CNX Nifty2974.50 (-8.25)
US Dollar (Buy/Sell)44.08/44.22


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OUTSOURCING


Kenexa upbeat on HR management market pie
BY the end of the decade, the human capital management market in the Asia-Pac region is poised to touch $2 billion. HCM includes services such as ERP, Web-based talent management and recruitment process outsourcing. Though figures for the ... More

INFRASTRUCTURE


IVRCL to build mall, IT Park at Gachibowli
IVRCL Infrastructures & Projects Ltd though its wholly owned subsidiary, IVR Prime Urban Developers Ltd, is setting up a mall and IT park at Gachibowli here. In a press release here on Sunday, the company said it proposes to invest Rs 300 ... More

FINANCIAL PERFORMANCE


Cranes Soft Q3 net rises 54 pc; to buy 2 cos
CRANES Software has reported a 54-per cent rise in consolidated net profit for the third quarter ended December 2005 at Rs 15.44 crore, over the corresponding quarter last year's Rs 10.06 crore. Revenues for the quarter were up by 40 per cent ... More

Calsoft net profit up
CHENNAI: California Software Ltd has reported a consolidated net profit of Rs 3.10 crore on revenues of Rs 35.07 crore for the quarter ended December 31, 2005 as against a net loss of Rs 27.13 lakh on revenues of Rs 11.09 crore for the ... More

SOFTWARE


MS tool for SMEs
MICROSOFT India has rolled out `Navision 4.0,' a business solution for small and medium enterprises. This integrated management solution aims to leverage business information across a company, its key partners and customers"From ... More

HUMAN RESOURCES


Dell to add 5,000 more employees in India — Manufacturing unit on its radar
BULLISH on India, the world's largest PC maker Dell on Monday announced it would add 5,000 employees to its Indian operations, taking the workforce to 15,000 over the next two years. Dell is also looking at establishing a manufacturing facility ... More

IBS Software on recruitment drive
IBS Software Services, based in the Technopark Thiruvananthapuram, says that it will recruit between 700 and 1,000 software professionals in the coming fiscal. The company, which develops software solutions for the transportation and logistics ... More

EVENTS


`IT Kerala' begins today
IT Kerala 2006, the largest information technology event to be held in the State, will begin here on Tuesday as Kerala aims to emerge as a prominent destination for technology companies. More than 100 companies, including multinationals, will ... More

Nasscom summit from Feb 15-17
THE National Association of Software and Service (Nasscom) today announced that it would host its annual event `Nasscom India Leadership Forum 2006' from February 15-17 in Mumbai. The three-day summit will showcase the strengths of the IT-ITES ... More

OUTLOOK


Polaris Software posts Rs 5.7-cr net loss — Co upbeat as orders are in the pipeline
POLARIS Software Lab Ltd has reported a net loss of Rs 5.70 crore on revenues of Rs 203.28 crore for the quarter ended December 31, 2005, against a net profit of Rs 18.27 crore on revenues of Rs 209.20 crore for the same quarter last ... More

PEOPLE


i-flex net rises — Oracle President joins board
I-FLEX posted a net income of Rs 48.2 crore in the quarter ended December 31, 2005, representing a 6-per cent growth year-on-year, and a 26-per cent increase quarter-on-quarter. Revenues for the quarter grew 29 per cent at Rs 388 crore, as ... More



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