INFO-TECH
TELECOMMUNICATIONS
Plans afoot to develop telecom gear manufacturing
The Telecom Equipment Manufacturers Association (TEMA) has said that it has developed plans to facilitate local telecom equipment manufacturing worth $100 billion over the next few years. "The move is aimed at meeting local and export ...
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Tata Tele targets 1 m users in Kolkata
Having crossed the one million subscribers mark in West Bengal, Tata Teleservices Ltd has targeted a customer base of one million in the Kolkata Telecom Circle alone by end-March 2007. At present, the company's subscriber base in Kolkata is ...
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INFRASTRUCTURE
Karnataka mulls Knowledge City near Bangalore
The Karnataka Government proposes to set up a Knowledge City spread across 9,000 acres at Bidadi, between Bangalore and Mysore, said the Chief Minister, Mr H.D. Kumaraswamy on Friday. Speaking at the inaugural of the 9th edition of ...
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FINANCIAL PERFORMANCE
Bharti Airtel net 79% higher in Q2
Big growth in subscriber base; Plans acquisitions overseas
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NIIT net up 23% at Rs 16.1 cr
China operations recorded 35 per cent growth in revenues, during the quarter.
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Moser Baer Q2 net up at Rs 26 cr
Moser Baer on Friday reported an increase in its net profit to Rs 25.97 crore for the second quarter ended September 30 against Rs 3.08 crore during the corresponding quarter last fiscal. The company's total income rose to Rs 513.24 crore from ...
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Kale Consultants net rises
Kale Consultants Ltd has posted a 229 per cent rise in net profit at Rs 1.71 crore (Rs 0.52 crore) for the quarter ended September 30. Net sales stood at Rs 18.9 crore (Rs 15.3 crore), a 23 per cent growth. Shares of the company ended at Rs ...
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SOFTWARE
IBM unveils language software
IBM India Research Lab has released Sensei language assessment software — a Web-based interactive software that helps improve pronunciation and grammar. Based on IBM's Via Voice speech recognition tool, Sensei spots ...
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MERGERS & ACQUISITIONS
4 pvt equity firms pick 24% stake in Idea
A consortium of four private equity firms have acquired 24 per cent stake in Idea Cellular, a GSM wireless operator whose majority ownership is with the AV Birla group. Providence Equity Partners Inc, TA Associates, ChrysCapital and Citigroup ...
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TRADE & LABOUR UNIONS
CPI (M) keen on unions in IT sector
Veteran Marxist leader Mr Jyoti Basu has defended the setting up of trade unions in the IT sector but added that there was also a need to consider the sector as an essential service where the right to strike should not be abused. "There will ...
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IT industry slams CITU move to form association
The Centre of Indian Trade Unions' (CITU) move to form an association for employees in the IT and ITeS sector has been termed as a "retrograde step" by the industry. CEOs of IT and ITeS companies here will meet in the first week of November to ...
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E-COMMERCE & E-BUSINESS
E-filing woes of FIIs, foreign cos
"Though the move of the Government towards e-filing of return appears to be in a right direction, there are certain practical problems that are likely to be faced by the assessees and the tax department."
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ISPS
Sify invests Rs 32 cr in Bangalore data centre
Ties up with life-sciences company
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EVENTS
Computer CD expo at Kochi
Dove Multimedia Pvt Ltd, a Kochi based multimedia company is organising a 12-day exhibition of computer CD and Educational VCD at Kochi at Hotel Woodlands from Friday. The exhibition has a wide variety of topics to cover for ...
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STANDARDS & BENCHMARKS
Satyam gets 3 key certifications
Satyam Computer Services Ltd has said that it has achieved global certification in the ISO 9001 (quality management), ISO 20000 (information technology service management for Infrastructure Management Services and Network ...
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NEW PRODUCTS & SERVICES
Monster India offers walk-in scheduler
Online recruitment facilitator Monster India has announced the launch of a new feature that simplifies the process of `walk-in' recruitment. The company released the `Walk-In Scheduler', a software package that provides candidates' data to ...
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MTNL extends `One India' plan to entire country
Second quarter profit down 25 pc at Rs 121 cr
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