The Hindu Business Line : Friday, April 21, 2006

Sify net loss narrows to Rs 6 cr
Sify Ltd said on Thursday that its net loss narrowed to Rs 6.01 crore for the year ended March 2006, from Rs 26.07 crore last year. Sales grew 30 per cent to Rs 463.87 crore (Rs 356.92 crore) in the same period. For the quarter ended March ... More

HARDWARE

`TVS-E No. 2 in APAC dot matrix market'
Riding on a 37 per cent growth, TVS Electronics is now second in the Asia-Pacific serial dot matrix printer market for Q42005, according to analyst firm Gartner. The company expects the growth trend to continue with demand from large automation ... More

Freescale Semiconductor tools
Freescale Semiconductor has introduced two 32-bit microcontrollers for industrial control applications such as remote data collection, security enhancements, home automation and environmental monitoring. The MCF5223x device ... More

SOFTWARE

Cisco to focus on South-based SMBs
Cisco Systems has increased its focus on the South Indian market to grow its small, medium and commercial business (SMB) initiatives. The company conducted a road show last year to highlight its SMB products and solutions in tier II cities. It ... More

Oracle HRMS for Aurobindo
Intelligroup Inc has announced on Thursday the completion of implementation of Oracle human resource management System (HRMS) for Aurobindo Pharma Ltd, a manufacturer of generic pharmaceuticals and active pharmaceutical ... More

INTERNET

Exclusive national weather portal launched
A one-stop information dispenser with interactive features More

Showing investors how to make money, bhai!
Participating individuals are given a notional starting capital of Rs 1 lakh, which they can invest in trading on all available NSE stocks. Winners can win daily cash prizes of up to Rs 10,000. More

MERGERS & ACQUISITIONS

Infy to buy Citi stake in Progeon
All-cash deal worth Rs 518 crore More

Aksh Broadband to be merged with Optifibre
Consultants for valuation soon More

Emulex to buy Aarohi
Emulex, a storage networking firm, is set to acquire Bangalore-based Aarohi for $39 million. Aarohi is a supplier of intelligent data centre networking components and software. The deal would be in cash, contingent consideration, assumed debt, ... More

ALLIANCES & JOINT VENTURES

TCS to hold 64% stake in Chinese JV
Microsoft is the other investor More

EVENTS

The happy connect
Apart from great bytes and networking, the telecom conference organised by Assocham this week also brought together two big honchos of the telecom sector. For the first time in more than three years, the Secretary to ... More

Hellosoft among `promising cos'
HelloSoft Inc, a convergence technology solutions provider for mobile networks, on Thursday announced that participants at the Semiconductor Venture Fair V named HelloSoft as one of the top five most promising emerging companies ... More

VENTURE CAPITAL

Indium bags $1 m funding from IRIS
Indium Software, a software test automation and engineering solutions company, will be setting up two centres of excellence (CoEs) in Chennai by mid-June, according to Mr N. Raghunandan, CEO. He told newspersons that the company had secured $1 ... More

OUTLOOK

Talisma bags 68 new customers
Talisma Corporation has announced 68 new customers and strong quarterly bookings growth for the quarter ended March 2006. Among the companies to join Talisma's customer list are OptiMix fund (ING Vysya Mutual Fund), JM Mutual Fund, Eli Lily, ... More