INFO-TECH
DIVIDEND ANNOUNCEMENT
Mastek consolidated net up 40 pc
Mastek has reported a 40 per cent rise in its consolidated net profit for the fourth quarter, and a 29 per cent increase in net profit for the fiscal ended June 30, 2006. The performance was led by its insurance and e-governance ...
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TELECOMMUNICATIONS
FIPB clears Hutch plan to hike stake to 68 pc
It is official now. The Foreign Investment Promotion Board has cleared the proposal from Hong Kong based-Hutchison Telecom to increase its stake in Hutchison Essar to 68 per cent. This includes the 10 per cent stake held indirectly by Egypt-based ...
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Pay via mobile at restaurants!
Mumbai to be the test bed for this service
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INFRASTRUCTURE
RR Industries building Rs 510-cr IT park
Investment to be made over three years
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FINANCIAL PERFORMANCE
Moser Baer Q1 net at Rs 6.4 cr
Plans subsidiary in Cyprus
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NIIT margins improve
New biz strategy pays off
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Subex Azure net drops 53 pc
Forex gains to some extent offset dip in products biz
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Four Soft nets Rs 5.05 cr in Q1
Four Soft Ltd, has recorded total revenues of Rs 39.84 crore and a net profit of Rs 5.05 crore for the first quarter ended June 30, 2006 as against total revenues of Rs 7.06 crore and a net profit of Rs 0.99 crore for the ...
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Ramco Q1 net loss tad up
Ramco Systems Ltd has reported increased net loss of Rs 6.78 crore for the first quarter ended June 30 compared with a net loss of Rs 6.02 crore for the corresponding year-ago period. However, revenue for the quarter increased ...
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TVS-E net loss widens
TVS Electronics Ltd, the Chennai-based computer peripheral manufacturer, has reported increased net loss of Rs 2.17 crore for the quarter ended June 30, 2006 compared to a net loss of Rs 79 lakh for the corresponding quarter last year. Revenue ...
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Tata Tele (M) reduces net loss
Tata Teleservices (Maharashtra) Ltd has announced reduced net losses for the first quarter ended June 31, 2006. Net loss for the quarter amounted to Rs 112.6 crore (Rs 127.7 crore). Revenues for the quarter grew 35 per cent, to Rs 324 crore (Rs ...
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Aptech net at Rs 6.4 cr
Aptech Ltd today announced a net profit of Rs 6.4 crore for the quarter ended June 30, 2006. Aptech's consolidated revenue for the quarter stood at Rs 41.62 crore. During this quarter, the company made a foray into the ...
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SOFTWARE
Australian air Express joins iCargo initiative
Australian air Express, Australia's premier nationwide express air freight service, has joined the Core Group of Influence (CGI) Forum set up by IBS Software Services and will participate in the development of a next generation air cargo and ...
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GENDER
The harried IT whiz woman
Though women IT professionals are marching ahead in Bangladesh, the gender divide in the sector continues to be a concern.
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HUMAN RESOURCES
Nipuna's recruitment marathon
Nipuna Services Ltd, Satyam's BPO subsidiary, has announced that it launched a 100-hour recruitment marathon which began on Thursday at 10 a.m. and ends at 4.00 p.m. on July 31. The recruitment drive is being conducted for 100 ...
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MERGERS & ACQUISITIONS
NIIT Global to buy US firm Element K
NIIT Global has entered into a definitive agreement to acquire US-based Element K, a provider of learning solutions in North America. The transaction is expected to close within two weeks. The deal size is expected to be around $40 million. ...
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PEOPLE
Toonz Animation Academy has en ED
Leading animation school, Toonz Animation Academy, has announced the appointment of Mr N. Radhakrishnan Nair as Executive Director. The academy is a unit of the Asian School for Film and Media Studies and is backed by Asia's premier animation ...
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NEW PRODUCTS & SERVICES
New range of dual core chips from Intel
Company sees gamers, bloggers, SMEs as prospective buyers
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