The Hindu Business Line : Thursday, October 19, 2006

SMS helpline for women staff
Amidst growing security concern for women employees in the BPO sector, IT back-end solution provider, ValueFirst, has launched a SMS helpline that could be used by women to reach out for help. With this, any women employee can ... More

TELECOMMUNICATIONS
Mobile operators to replicate `Grameen Phone' concept
Move to bring mobile PCOs to rural areas More

POLICY
IT Ministry for continuing sops under STPI
The Ministry of Information Technology would soon send a note to the Union Cabinet for extending concessions to IT companies under STPI (Software Technology Parks of India) scheme beyond 2009, according to Mr Dayanidhi Maran, Union Minister for ... More

FINANCIAL PERFORMANCE
Wipro net rises 46 pc on all-round growth
All-round growth across all business divisions helped Wipro Ltd to report 46 per cent growth in second quarter net profit, exceeding street expectations. The company reported net profit of Rs 700 crore on revenues of Rs 3,546 crore, which were ... More

Zensar net almost trebles
Zensar Technologies Ltd has recorded revenue of Rs 148.72 crore for the second quarter of the current fiscal, registering a year-on-year growth of 50 per cent. It had recorded Rs 99.35 crore for the corresponding period last year. Net proft ... More

Infotech posts higher Q2 revenue, net
Infotech Enterprises Ltd, has recorded consolidated total income of Rs 131.80 crore and a net profit of Rs 17.27 crore for the second quarter ended September 30, 2006 as against total income of Rs 83.07 crore and a net profit of Rs 9.6 crore for ... More

Tech Mahindra Q2 net profit up
Tech Mahindra has reported a consolidated net profit of Rs 177 crore for the second quarter of the current fiscal - five times the corresponding year-ago figure of Rs 37.4 crore, or 373 per cent higher. This is the company's ... More

HCL Info net down
Information Technology solutions provider HCL Infosystems Ltd on Wednesday posted a decline of 13.47 per cent in net profit at Rs 25.74 crore for the quarter ended September 30, as compared to Rs 29.75 crore for the same period last year. ... More

HARDWARE
MobiApps satellite modem
MobiApps has introduced a satellite modem for monitoring and tracking mobile assets. The m100 is an ORBCOMM satellite smart modem, which complements its existing m-Trak cellular-based vehicle tracking and logistics system. m100 ... More

Abbee in pact with HPCL for cartridge refilling centres
Abbee Consumables and Peripherals Sshope (Abbee Sshope) has entered into an agreement with HPCL to use the select petrol pumps as Abbee cartridge collection and refilling centres. Mr B.B. Somani, CEO of Abbee Sshope, said that on a pilot basis, ... More

SOFTWARE
Kanbay to invest $50 m more in Hyderabad
Second campus commissioned; to hire 3.000 more More

Chennai, a key hub for MindTree
MindTree Consulting, a Bangalore-based IT and research and development services company, plans to make Chennai as its "strategic hub," according to its Chairman and Managing Director, Mr Ashok Soota. "Next to Bangalore, Chennai would be our ... More

HUMAN RESOURCES
HCL stretches workday by 30 minutes
HCL Technologies Ltd has increased its work hours by 30 minutes — from the existing eight-and-a-half hours a day (excluding a half-hour lunch break) to nine hours a day. Mr D.K. Shrivastava, Vice-President, Corporate Human Resources, HCL ... More

MERGERS & ACQUISITIONS
Wipro looking for larger buyouts
After acquiring half-a-dozen overseas firms over past 11 months, Wipro Ltd said Wednesday that it was looking for slightly larger buy-outs. "Our acquisition strategy is not confined to overseas alone. We continue to look for acquisitions ... More

REGULATORY BODIES & RULINGS
TRAI seeks more powers
Quality of service problems More

OUTLOOK
Wipro sees margins in narrow range
Pricing environment stable with upward bias More

PEOPLE
Solix Tech V-P
Solix Technologies has announced it has appointed Mr Dhananjay Bhendre as Vice-President, sales operations for Asia Pacific and West Asia . He will report to Mr Shekhar Dasgupta, President and Chief Operating Officer of Solix. ... More

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