Financial Daily from THE HINDU group of publications
Wednesday, May 10, 2006
Markets (May 9)
BSE Sensex12513.86(+51.39)
S&P CNX Nifty3720.55 (+27.40)
US Dollar (Buy/Sell)44.96 (-0.03)


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INFO-TECH

PREFERENTIAL ALLOTMENTS


Goldstone Tech pref issue
The extraordinary general meeting of Goldstone Technologies Ltd has approved to issue 19,00,000 equity shares on preferential basis to Goldstone Exports Ltd, the chief promoter of the company. It also approved to issue ... More

OUTSOURCING


Genpact bags GSK deal for US ops
Business services and technology solutions company Genpact today said it has signed a five-year agreement to provide select finance and accounting services for GlaxoSmithKline's (GSK) US based operations. Genpact began providing similar ... More

TELECOMMUNICATIONS


Cellebrum.com's mobile product
Cellebrum.com Pvt Ltd, an integrated telecom VAS solutions provider, on Monday announced the launch of its new product `Pay-4-Me', aimed at providing continuous connectivity to pre-paid mobile subscribers, whose outgoing calls ... More

GSM subscriber base grows 2.93 m in April
GSM operators added 2.93 million subscribers during April, taking the overall subscriber base to 72.12 million. The subscriber base stood at about 69.2 million as on March. According to the latest subscriber data released by the Cellular ... More

MTNL gets NLD licence
In a move that could spark off a new round of tariff cuts in the STD space beginning with the lucrative circles of Delhi and Mumbai, State-owned telecom corporation Mahanagar Telephone Nigam Ltd (MTNL) today said it has got the National Long ... More

HARDWARE


Toshiba unveils 5 laptop models
Lowers prices to tap demand for low-cost machines More

H-P has 31 pc market pie of HPC market
Hewlett-Packard has said that it has achieved leading position in the $9-billion high-performance computing (HPC) market worldwide. HP took the No. 1 position with more than 31 per cent market share, according to 2005 figures released by research ... More

SOFTWARE


Mistral to invest Rs 10 cr in Hyderabad centre
Mistral Software has inaugurated a new design centre in Hyderabad where it expects to invest about Rs 8-10 crore. The company is scouting for an acquisition and is close to raising funds for its expansion plans. The President and CEO of ... More

HUMAN RESOURCES


USCIS gets 12,713 H-1B filings
The proposed immigration reform Bills and the latest SKIL Bill in the US Senate may have raised expectations of the IT industry, but visa hopefuls are not leaving anything to chance. The rush for the H-1B visas continues with US Citizenship and ... More

Top 4 software majors' staff cost up 55 pc
Due to salary hike and employee addition More

EVENTS


Infocomm Media event at Singapore
The Infocomm Media Business Exchange (imbX), said to be Asia's largest infocomm and media event, is to take place between June 19 and 23 at Singapore. The week-long event aims to explore the rich spread of technologies at home, ... More
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In Depth

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