Business Daily from THE HINDU group of publications
Friday, July 14, 2006
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INFO-TECH

OUTSOURCING
HeroITES launches new system
HeroITES, an independent strategic business unit of the approximately Rs 14,000 crore Hero Group, a provider of business process outsourcing solutions and call centre services, has announced the launch of HeroLive, an integrated ... More

TELECOMMUNICATIONS
Meridian launches `Fly' phones
Plans to set up 5,000 points of presence in three months More

FINANCIAL PERFORMANCE
Aztec Q1 net up at Rs 9.3 cr
Aztec Software has reported a 26 per cent increase in net profit and 41 per cent increase in revenues for the first quarter ended June 30, 2006 over the corresponding quarter last year. The company posted a net profit of Rs 9.27 crore on revenues ... More

HARDWARE
HP launches printers for SMBs
Hewlett Packard has introduced a range of printers for small and medium businesses in India. The new printers are: OfficeJet Pro K 850 series (Rs 20,999), OfficeJet 6318 All-in-One (Rs 12,999) and OfficeJet 4355 All-in-One (Rs ... More

SOFTWARE
Animation nation
The success of homegrown animation features has the industry rearing for more action. More

Accel sets up animation studio
Accel Transmatic Ltd, the Chennai-based technology services company, has set up Accel Animation Studios to offer 2D and 3D animation, visual effects and gaming services for media companies in India and abroad. The production unit ... More

ITC Infotech launches testing service
ITC Infotech has announced the launch of its Interline e-ticketing offshore testing service, which allows passengers to use a single e-ticket to travel on various airlines. The company is currently providing the testing service ... More

INDUSTRY ASSOCIATIONS
AP CM backs Nasscom's plea
Extending tax breaks beyond 2009 More

HUMAN RESOURCES
Nasscom summit to focus on talent management
Will look at the evolving profile of human resource More

Talent hunt: IT firms under pressure to hike freshers' pay
`Infosys Rs 2.7-lakh packet may set the benchmark for the industry' More

The long and short of IT: Loyalty bonus
REWARDING TECHIES More

MERGERS & ACQUISITIONS
KKR of US to invest $515 m in Indian IT sector
Proposal awaits CCEA approval More

Infosys buys 23 pc stake in Progeon Ltd
Infosys on Wednesday said that it has bought out 23 per cent stake in Progeon Ltd, its BPO subsidiary for Rs 530 crore. The company bought 87.5 lakh equity shares (23 per cent on a fully diluted basis) of Progeon from Citicorp International ... More

US Technology acquires QA Labs
US Technology Resources Inc has acquired Canada-based QA Labs Inc. Based in Vancouver, Canada, QA Labs Inc is an independent software testing and quality assurance provider, and serves clients in various sectors including ... More

REGULATORY BODIES & RULINGS
TRAI board comprises only 2 members now
Chairman assumes powers to take decisions More

ALLIANCES & JOINT VENTURES
HCL, Teradyne of US in $70-m outsourcing deal
To absorb Teradyne's existing staff; contract to fetch $25 m in first year More

24/7 Customer ties up with LivePerson
24/7 Customer has announced strategic partnership with US-based LivePerson Inc, a provider of online conversion solutions. 24/7 Customer will integrate LivePerson's Timpani platform with its customer lifecycle management ... More

BROADBAND
Airtel launches games on demand for broadband users
Airtel Broadband & Telephone Services today introduced its games on demand service, which will enable broadband subscribers to enjoy unlimited access to online games through the Airtel Broadband Consumer Portal by paying Rs 199 a month. While ... More

International bandwidth capacity grows 95 pc
`Growth in broadband services is the real driver' More

OUTLOOK
KPIT Cummins sets $100-m turnover target
To set up $2 m centre in Poland by Sept More

PEOPLE
Singhal is MAIT new President
The Chairman and Managing Director of Lipi Data Systems, Mr Mukul Singhal, has been appointed President of the Manufacturers' Association for Information Technology (MAIT). Mr S.S. Raman, President, TVS Electronics, has been ... More






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Top Stories
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Looking back
Jul. 2-Jul. 8
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