Financial Daily from THE HINDU group of publications
Tuesday, April 11, 2006
Markets (April 10)
BSE Sensex11662.55(+73.11)
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US Dollar (Buy/Sell)44.91 (+0.27)


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INFO-TECH

TELECOMMUNICATIONS


Telecom subscriber base grows to 14 cr in 2005-06
The number of telecom subscribers in the country grew by 4.12 crore in 2005-06 to touch 13.96 crore. The large chunk of telecom subscribers are in the mobile phone category with the customer base in this segment growing 3.7 crore to touch nine ... More

Aircel Tele picks stake in Sahara One
Aircel Televentures will acquire 14.98 per cent stake in Sahara One Media & Entertainment Ltd for Rs 120 crore. Sahara One Media & Entertainment Ltd on Monday announced that its board has approved a preferential allotment to More

SOFTWARE


FIIs' stake in Hexaware Tech rises to 41.75 pc
Public shareholding decreases to 12.21 per cent More

GENDER


Satyam scouting for women at senior levels
BRIDGING THE GAP More

MERGERS & ACQUISITIONS


Aditya Birla group to buy out Tata stake in Idea
Tatas to get Rs 4,406 crore for 48.14 per cent equity sale More

Fidelity buys HCL Info shares
Fidelity International has said that funds under the management of FMR Corp and its subsidiaries and Fidelity International Ltd and subsidiaries have acquired 5,17,576 shares aggregating to 0.31 per cent of the total share ... More

Cranes Soft acquires EMRC's US operations
Cranes Software International Ltd has acquired US-based Engineering Mechanics Research Corporation's (EMRC) US operations for $1.5 million through its US-based wholly owned subsidiary, NISA Software Inc. EMRC is a leading computer aided ... More

Red Hat to acquire JBoss
Red Hat Inc today announced it has entered into a definitive agreement to acquire JBoss Inc, an open source middleware company. Red Hat will acquire JBoss for approximately $350 million in initial consideration, plus ... More

OFF-SHORE DEVELOPMENT


`Most US States offshoring work'
India most favoured destination followed by Mexico More

CONVERGENCE


Goldstone Tech makes IPTV foray
Partners with Singapore co; to invest Rs 25 crore in venture More

IPOS


BSNL drops IPO plans this fiscal
`We need 12-18 months to clean up our accounts' More

BONUS ANNOUNCEMENTS


Satyam to consider bonus issue
Satyam Computer Services Ltd, at the company's board meeting slated for April 21, is likely to consider the possibility of a bonus issue while taking the company fourth quarter results on record. Revenues may cross $1 ... More

OUTLOOK


Intel sees 20 pc growth in servers
To roll out next gen processor soon More

PEOPLE


Ramalinga Raju is Nasscom chairman
Software association Nasscom Executive Council (EC) today elected Mr B. Ramalinga Raju, founder and Chairman of Satyam Computer Services, as the new Chairman of the association. Mr Raju was earlier the Vice-Chairman of Nasscom. ... More
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Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
Dunlop Chennai unit restarts again


Telecom subscriber base grows to 14 cr in 2005-06

Gold, silver scale new peak

Sugar sector sees record output next season

Agri export zones may have single investment window

Hindalco's Australian subsidiary to go for public issue

Ministry open to SCI's block approval plan

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
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Looking back
Apr. 2-Apr. 8
EDS makes open offer for MphasiS

`IT industry has matured, expanded'



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