The Hindu Business Line : Saturday, February 25, 2006

Mascon board okays GDR issue
The board of directors of Mascon Global hasapproved the final offering circular for the proposed $27-million Global Depository Receipt (GDR) issue, thus paving the way for the opening of the issue in the new few days. The issue ... More

TELECOMMUNICATIONS

Small towns swayed by mobile entertainment
More small town folks have begun tuning into their mobiles to check out the latest Tollywood flick or Dhoni's sensational sixers. Handset makers and mobile service companies are now `ringing' in more revenues from tier II cities, thanks to the ... More

MTNL pays 30 pc interim
MTNL has paid an interim dividend of 30 per cent for 2005-06. Accordingly, the Chairman and Managing Director, Mr R.S.P. Sinha, presented a dividend cheque amounting to Rs 106.31 crore to the Minister of Communication & Information More

Birlas want probe by Telecom Dept
Story so far
Feb 8- Birla alleges Tata violating licence norms with stake in both Idea and Tata Tele. Urges DoT to get Tata exit Idea
Feb 16- Tatas say share in Idea legal. Terms Birla's allegations misleading
Feb 22- Birla sho ots off second letter questioning Tata holding in Idea through
Mauritius based company. Tatas says DoT should be concerned with direct holdings onlyFeb 24- DoT says it will intervene in the dispute after looking through the details
More

SOFTWARE

MS launches Partner Academy
Microsoft has launched a Partner Academy in India to train the employees of its partners in the latest high-end technologies. The first of its kind in the Asia-Pacific region, the Partner Academy aims to train about 1,000 ... More

Vedams to invest $2 m more
Vedams Software Solutions, a 100 per cent subsidiary of Vedams Inc., based on San Jose, has announced plans to expand its India operations located at Hyderabad, wherein the company expects to invest about $2 million within 12 months. Speaking ... More

Virtusa plans $22-m expansion
VIRTUSA Corporation, technology solutions provider, expects to pump in about $22 million next fiscal in expansion across its two global development-cum-delivery centres based in Hyderabad and Chennai. The company has completed five years in ... More

Subex eyes US, Europe for buys
Telecom software maker Subex Systems Ltd is in talks with three to four firms in the US and Western Europe for possible product acquisitions. Mr Subash Menon, President and CEO, Subex, confirmed this but declined to spell out the specifics of ... More

Satyam sees rise in ITES revenues
Satyam Computer Services expects a significant increase in revenues from IT enabled services (ITES) in the near future as result of some initiatives it intends to take in the days ahead. The company plans to leverage on the growth likely to be ... More

INTERNET

Jobstreet to widen user base
Jobstreet, one of the top online recruitment solutions providers, is bullish on growth prospects in India and expects to swiftly increase its registered user base from the current 1.5 million by setting up five more offices, three in South and ... More

Sales pitch — Corporate blogging from Mouthshut
Blogging Web site, Mouthshut.com, is shortly going to roll out a corporate blogging service, which would enable consumers to directly engage themselves in a dialogue with companies on their various products and services. Speaking to ... More

E-COMMERCE & E-BUSINESS

e-tickets for all trains — Leviable charges slashed
The Rail Budget has brought good news for Internet-savvy passengers. In a bid to reduce the serpentine queues at the booking counters, the Railways has decided to offer the facility of e-tickets on all mail and express trains, while slashing the ... More

SECURITY

Industry told to invest in e-security
It is imperative for the industry, the Government and all others to invest in e-security as the volume of electronic trade and commerce is increasing and e-security audit should also be taken up on a regular basis, said Dr N. Vijayaditya, ... More

VENTURE CAPITAL

Mauj Tele gets $ 10-m funding
Westbridge Capital Partners, Intel Capital and Sequoia Capital have invested $ 10 million in wireless solutions provider Mauj Telecom, part of the People Group which also includes Shaadi.com and Fropper.com. The capital will be used to grow ... More

IT-ENABLED SERVICES

Lawkim opens centre in Coimbatore
Lawkim India Ltd, a member of the Godrej group and involved in IT-enabled services, has launched a training centre in the city to impart soft-skills for those aspiring a career in business process outsourcing or in call centres. This is the ... More

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