The Hindu Business Line : Friday, February 17, 2006

DoT favours ADC at 2.5 pc of operators' annual revenue — Move may lead to cheaper domestic calls
IN A bid to pave the way for private telecom operators to lower domestic call rates further, the Department of Telecom (DoT) has asked the Telecom Regulatory Authority of India (TRAI) to consider pegging the Access Deficit Charge (ADC) between 2 ... More

Spice Telecom to bundle handsets with service
BUNDLING the mobile phone service with the handset could give a competitive edge to both Spice Telecom and Spice Ltd, its manufacturing arm. Mr Navin Kaul, Chief Operating Officer, Spice Communications, said the company has so far not tried ... More

MBT is now Tech Mahindra
MAHINDRA-BRITISH Telecom, the telecom software and services company, has rechristened itself `Tech Mahindra'. The name change reflects the expanded business scope, with business from non-British Telecom clients growing at 80 per cent to account ... More

SOFTWARE

Pilot project at Coimbatore for e-filing of company documents — TCS develops software, infrastructure support
About 53 physical front offices across various States will be set up to supplement the efforts of RoCs as many industry centres may not be located close to the offices of RoC More

Infosys plans another campus in AP
HYDERABAD: Infosys Technologies Ltd, the country's second largest software services provider, which had hinted at the possibility of major expansion plans in Hyderabad, is exploring options to expand its operations with a second campus in ... More

IBM opens specialised lab to tap regional biz
IBM inaugurated a new lab in the city on Thursday. The Hi Performance On Demand Solutions Lab (HiPODS) is a specialised software and services division to tap regional customers. Mr Willy Chiu, Vice-President, HiPODS, IBM Software Group, said ... More

NIIT Tech to expand managed services biz
NIIT Technologies said it is now defining remote infrastructure management as a clear business, and expand in Thailand where its first data centre happens to be located. The company will be investing $2 million in setting up additional data ... More

MERGERS & ACQUISITIONS

Aptuit buys InfoPro
BANGALORE: Aptuit, a Bangalore-based drug development services company, acquired InfoPro Solutions, an information technology services company that delivers application systems to pharmaceutical and biotechnology customers. With this ... More

Zensar Tech keeps $10 m ready for acquisition plans
INVESTMENTS in IT strategy consulting, acquisition of a financial or consulting service firm in the US, revenue target of Rs 550 crore and a serious look at the domestic market is the growth blueprint for 2006-07 drawn up by the RPG group's ... More

NEW PROJECTS

SemIndia, AP ink pact for Fab City project
SEMINDIA, a consortium working towards establishing a $3-billion semiconductor manufacturing base, and the Andhra Pradesh Government today entered into a memorandum of understanding (MoU) for an ambitious project that seeks to put India on the ... More

E-COMMERCE & E-BUSINESS

IDBI Capital launches online portal
IDBI Capital Market Services Ltd has announced the launch of its online investment portal - idbipaisabuilder.in - here. According to its Managing Director and CEO, Mr S. Muhnot, the advanced online trading portal is built with a core ... More

EVENTS

Innovation efforts paying off: Premji
Working on solar-powered device for rural school computers
WIPRO's innovation initiative has started to pay off and the company expects to intensify its focus on innovation as a tool to drive future growth, the Chairman, Mr Azim Premji, said on Thursday. Addressing a press conference at the Nasscom ... More

IndiaSoft 2006 in March
OVER 200 overseas buyers from across 50 countries and an equal number of Indian IT companies are expected to participate in international IT networking event IndiaSoft 2006, scheduled to he held in Chennai from March 20-21, 2006. The ... More

VENTURE CAPITAL

Saurabh Srivastava to be with new venture fund
SOON AFTER announcing his forthcoming retirement from the board, , Mr Saurabh Srivastava, Executive Chairman, Xansa India, is planning to get involved in a new $150-million venture fund, which would invest in companies in the IT sector and other ... More

OUTLOOK

`Outsourcing from Europe looks strong' — Competition, language, legislation pose challenges
LARGE outsourcing opportunities are opening up in Continental Europe in areas such as infrastructure management, business process outsourcing and the public sector, says Mr Dominique Raviart, Senior Analyst, Ovum. Speaking at a CEO panel ... More

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