The Hindu Business Line : Wednesday, August 02, 2006

OUTSOURCING
Wells Fargo to set up IT, BPO centre
Financial services major Wells Fargo, with an asset base of $482 billion, is set to locate its IT and Business Process Outsourcing Centre in Hyderabad. A delegation from the US corporation had visited India in May and July 2006, and after ... More

TELECOMMUNICATIONS
Essar calls off BPL Mobile sale to Hutchison
More

USO fund: Finance Ministry faulted
Less than 50 pc of funds required released: DoT More

Bharti sets up new unit to develop mobile content
Luring customers
The Content Factory will pick up ideas from subscribers on what they want, which will be converted into products.
It will focus on alliances and acquisition of content ranging from music, gaming, bollywoo d content and education. Content Factory to look out for tie-ups with content providers, aggregators More

DoT kicks off USO project for funding cell infrastructure
The Department of Telecom has initiated the process for funding cellular services through the Universal Services Obligation (USO) Fund by inviting operators to participate in setting up infrastructure in Jharkhand, one of the least uncovered ... More

`Sanchar Haats' at Metro stations
Mahanagar Telephone Nigam Ltd has entered into an agreement with the Delhi Metro Rail Corporation to set up `Sanchar Haats' at all Metro stations from Rithala to Shahdara. Out of the 18 Metro stations, the DMRC has allotted space at 17, excluding ... More

ENVIRONMENT
E-Parisaara to recycle glass from computer monitors
Electronic waste recycling and de-phasing company E-Parisaara Pvt Ltd has identified a glass recycler at Kota, Rajasthan . "Once processed, the glass from computer monitors can be sold to domestic CRT makers, " said Mr P. Parthasarathy, Managing ... More

FINANCIAL PERFORMANCE
HFCL net profit at Rs 18.2 cr
Himachal Futuristic Communications Ltd (HFCL) has reported a net profit of Rs 18.25 crore for the quarter ended June 30 compared to a loss of Rs 19.05 crore during the corresponding quarter previous year. The company's turnover ... More

SOFTWARE
Temasek arm invests $3 m in Everonn
To partly fund expansion plans, projects More

ALLIANCES & JOINT VENTURES
Wipro signs licensing pact with British Telecom
Deal involves jt development of BT's `mPower' product More

Motorola, Tech Mahindra tie up to form CanvasM
New co to develop applications for telecom subscribers More

E-COMMERCE & E-BUSINESS
Yatra launches online services
Travel services company Yatra has announced the launch of its online services at www.yatra.com. The company offers information, pricing, availability and reservations for airlines, hotels, railway, buses and car rentals across 5,000 cities and ... More

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