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Friday, February 03, 2006
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TELECOMMUNICATIONS


Sanjeev Aga to head COAI
THE Cellular Operators Association of India on Thursday elected Mr Sanjeev Aga, Director on the Board of Idea Cellular Ltd, as its Chairman for the next twelve months. Mr Aga took over from Mr Anil Nayar, who completed his tenure as Chairman of ... More

GSM players' ARPU higher than CDMAs'
THE GSM-based cellular operators seem to be making more money than their CDMA counterparts. According to the data released by the Telecom Regulatory Authority of India, the average monthly revenue per user (ARPU) during the quarter ended ... More

FINANCIAL PERFORMANCE


Hexaware Q4 net up 15 pc; to pay 30 pc final
MUMBAI: Hexaware Technologies Ltd, global IT and BPO services provider, reported a 15.4 per cent increase in its fourth quarter net profit at Rs 24.75 crore compared to Rs 21.46 crore in the corresponding year-ago period. The company ... More

Pentamedia Graphics net declines
CHENNAI: Pentamedia Graphics Ltd has posted a net profit of Rs 59 lakh on revenue of Rs 5.98 crore for the quarter ended December 31, 2005 compared with a net profit of Rs 2.13 crore on revenue of Rs 21.9 crore for the corresponding ... More

Tanla Solutions Q3 net jumps
HYDERABAD: Tanla Solutions Ltd has recorded total income of Rs 10.95 crore and a net profit of Rs 7.77 crore for the third quarter ended December 31, 2005, against total income of Rs 2.14 crore and a net profit of Rs 1.55 crore for the ... More

SOFTWARE


SEEC announces new facility in Hyderabad
SEEC Inc, a technology provider for the insurance and financial services industry, announced a move to develop a new engineering and product development centre in Hyderabad, which would be ready by March 2007. The five-floor, 50,000 sq ft ... More

TCS to run automated rural job scheme — Pilot project launched in AP; leakages can be plugged, says Ramadorai
TATA Consultancy Services Ltd, which is involved in automating the pilot phase of the National Rural Employment Guarantee Scheme, feels that automating the whole project will eliminate leakages to a large extent. The pilot project of the ... More

HUMAN RESOURCES


RelQ Software plans to double headcount; plans $3-m expansion
SOFTWARE testing firm RelQ Software Pvt Ltd said that it planned to double its headcount in the next six months to 1,000 and also invest $3 million in expanding its infrastructure. The company currently has a headcount of about 550. Mr Prakash ... More

MERGERS & ACQUISITIONS


Mascon to buy US, Singapore cos
MASCON Global Ltd is to acquire US-based Anthem Technologies Inc and Singapore-based Comtel Holdings Pte Ltd at a valuation of $19 million (about Rs 85 crore). The software company will also acquire at par 100 per cent equity shares of Exalt ... More

ALLIANCES & JOINT VENTURES


Wipro signs deal with GM; eyes $300-million revenue
WIPRO Ltd expects to realise revenues exceeding $300 million (over Rs 1,300 crore) from the five-year IT outsourcing contract signed with global auto giant General Motors (GM) on Thursday. GM finalised its $15 billion mega outsourcing deal by ... More

Avexus, Infospectrum tie up
BANGALORE: The US-based Avexus Inc has announced a partnership with Infospectrum Inc, software services provider with an offshore development centre in Nagpur, who will serve as a reseller channel in India for aviation and defence ... More

PTC in pact with IBM
BANGALORE: PTC announced a co-operative marketing agreement with IBM to offer Product Lifecycle Management (PLM) solutions to China. The strategy also includes targeting of growth industries such as electronics, consumer packaged goods and ... More

OFF-SHORE DEVELOPMENT


Quintegra sets up office in Malaysia
QUINTEGRA Solutions Ltd (formerly Soffia Software), a Chennai-based software solutions company, has set up its subsidiary in Malaysia in an effort to expand its operations in Asia Pacific. The company plans to develop the Malaysian facility, ... More

SECURITY


Paramount Computer to set up India centre
PARAMOUNT Computer Systems, a UAE-based information security firm, proposes to set up a development centre in South India over the next three months. The Managing Director, Mr Harish Kunnath, said the company had started hiring people and ... More

E-GOVERNANCE


C1 enables e-tenders worth Rs 40,000 cr
C1INDIA, which has provided the Andhra Pradesh Government an electronic procurement platform to handle tenders worth about Rs 40,000 crore till date, now wants to expand within the state and outside. The President and Chief Operating Officer of ... More

EVENTS


Seminar on IT in SSI sector
COIMBATORE: National Small Industries Corporation Ltd (NSIC) has proposed to hold a seminar on the usage of information technology in the small-scale sector here on February 6. The seminar will focus on enabling the SSI sector's ... More

WORK LIFE


BBC to telecast reality series on call centres
KARTHIK Ranganath, a 22-year-old electronics engineer, from Bangalore is all smiles. "After facing the camera for so many days, I'm now comfortable with it," he says. The life of Karthik, an employee of the Bangalore-based BPO firm 24x7 ... More

OUTLOOK


`Electronics growth to propel chip demand to $36.3 b, create 3.5 m jobs'
THE CONSUMPTION of electronic equipment in India is set to increase to $363 billion by 2015 from $28.2 billion in 2005, pushing the total market for semiconductors to a whopping $36.3 billion by 2015. According to semiconductor market research ... More

PEOPLE


Sierra Senior V-P
HYDERABAD: Sierra Atlantic, technology solutions provider, has announced the appointment of Mr Brian Rogan as Senior Vice-President, Strategic Business and Marketing, to build the financial services practice. In addition, Mr Brian will ... More



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