The Hindu Business Line : Saturday, July 29, 2006

FINANCIAL PERFORMANCE
i-flex net up 133 per cent
i-flex Solutions Ltd has reported a 133 per cent increase in its consolidated net profit for the first quarter ended June 30, 2006 under the Indian GAAP. Net profit for the quarter amounted to Rs 35 crore, up from Rs 15 crore in ... More

MTNL Q1 dips 17%
State-owned Mahanagar Telephone Nigam Ltd (MTNL) today reported a decline of 17.06 per cent in net profit at Rs 131.28 crore for the quarter ended June 30, as compared to Rs 158.29 crore in the corresponding quarter a year ago. MTNL's profits ... More

Tanla revenue, net zoom
Tanla Solutions Ltd has recorded a total income of Rs 39.73 crore and a net profit of Rs 16.05 crore for the first quarter ended June 30, 2006 as against a total income of Rs 8.01 crore and a net profit of Rs 4.61 crore for the ... More

SOFTWARE
Sumedha Fiscal into IT with Swedish co tie-up
Sumedha Fiscal Services, a Kolkata-based stock broking firm, has forayed into information technology, first by setting up a joint venture with a Swedish partner for providing ERP solutions and enterprise consulting. Sumedha Fiscal will hold 35 ... More

MS India launches Rural Innovation Fund
Initial focus on telemedicine, education, agriculture More

HUMAN RESOURCES
When `yes' could mean `no'
Accenture study on cross-cultural communications More

MERGERS & ACQUISITIONS
CSWL may acquire 66 pc equity in Codex
CSWL, the US-based subsidiary of California Software Company Ltd (Calsoft), plans to acquire 66 per cent equity in Codex Co Ltd, a Japanese company. The investment would be about $900,000 (Rs 4.05 crore) and will be an all-cash deal, according to ... More

ALLIANCES & JOINT VENTURES
Sanra Software to tie up with SGS
Sanra Software would be tying up with SGS Inc, a US-based contact centre software development company, to launch and market ContactPoint, a software for workforce optimisation in call centres. Mr Sanjay Bhardwaj, Chief ... More

Wipro joins Solix Reseller Network
US-based Solix Technologies announced on Friday that Wipro Technologies has joined the Solix Global Reseller Network. Wipro will be responsible for reselling the Solix ARCHIVEjinni, an active archiving solution to enterprises ... More

OFF-SHORE DEVELOPMENT
Zensar plans Poland centre
Targets 5 pc revenue from domestic market More

E-COMMERCE & E-BUSINESS
Flightraja launches on-line booking service for airlines
The company's kiosks will be kept at several malls and public places where customers can book tickets through them. More

OUTLOOK
TCS China to begin work by September
Mr Ramadorai calls for an offset policy for civil aircraft procurements More

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