Financial Daily from THE HINDU group of publications
Thursday, April 20, 2006
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DoT unveils Rs 1,000-cr optical fibre cable project
Move aimed at vacating spectrum for use by cellular providers More

FINANCIAL PERFORMANCE


Wipro revenues cross Rs 10,000 cr, Q4 net up 43 pc
Dividend at Rs 5; Premji looks forward with enthusiasm More

HCL Tech net rises 22.7% in Q3
Breaks into billion dollar `run rate' league More

3i Infotech net up 79%
3i Infotech Ltd has reported 133 per cent increase in its consolidated net profit for the fourth quarter and 78.8 per cent increase for the year ended March 31, 2006. The growth was due to aggressive sales and marketing, and cost control, ... More

HARDWARE


Hewlett Packard roadshow in Vizag
Hewlett Packard India is organising a smart office roadshow here on Friday to promote its products among the small and medium businesses, according to a press release. "It is a part of the company's strategy to focus on SMB ... More

SOFTWARE


Wipro promoters take home Rs 580 cr
The promoters of Wipro Ltd will take home a dividend of over Rs 580 crore this year. The company has announced cash dividend of Rs 5 per share, subject to shareholder approval at the AGM in July. The promoters own 116,11,36,260 shares, ... More

INTERNET


Bharatmatrimony ties up with Dept of Posts
Bharatmatrimony.com, the matrimonial portal, has tied up with the Department of Posts to provide registration and membership services through 674 head post offices in 17 circles across India, according to Mr J. Murugavel, Chief Executive Officer, ... More

OFF-SHORE DEVELOPMENT


TCS plans more centres in E. Europe
Tata Consultancy Services today said it is looking at more delivery facilities in Eastern Europe, to tap the growing opportunities in the European market. "We are looking at more locations in Eastern Europe and expansion of the ... More

BROADBAND


VSNL lines up investment to dish out broadband
To take cable route to reach retailers More

EVENTS


`Inclusive development is key to sustained growth'
MS working on software ecosystem More

SOCIETY & DEVELOPMENT


Kuppam project now with BASIX
Kuppam, the i-community initiative by Hewlett-Packard, is now in private hands. HP announced that its three-year MOU with the Government of Andhra Pradesh on Kuppam has been transitioned to BASIX, an NBFC (non banking financial corporation) ... More

BONUS ANNOUNCEMENTS


Infotech Enterprises declares 1:2 bonus
Announces stock split, clocks Rs 50-cr net More

OUTLOOK


Wipro aggressive on global expansion
Plans acquisitions to build domain expertise, consultancy skills More

Margins to stay range-bound: CFO
Wipro expects margins to stay range-bound in the current fiscal in a stable pricing environment. "The overall environment looks very robust in terms of IT spending ... and the business momentum is good," said Mr Suresh Senapaty, CFO. New ... More

PEOPLE


Virtusa appoints new HR head
Virtusa Corporation on Wednesday announced the appointment of Mr T.N. Hari as Vice-President and Global Head of Human Resources. He will be part of the team in Virtusa's Hyderabad Advanced Technology Centre. Prior to Virtusa, ... More
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