The Hindu Business Line : Saturday, January 20, 2007

NEW BUSINESS
Nucleus Soft wins Japan deal
Nucleus Software Exports Ltd has been awarded a contract for implementing its flagship product FinnOne and PowerCARD in Japan's second largest consumer finance company — ACOM Co. The contract, said to be the biggest so far ... More

SlashSupport bags Nortel order
SlashSupport, a US-based provider of outsourced technical support solutions with development centres in India, has announced a three-year contract with Nortel Networks — a telecom equipment manufacturer. Mr Shiv Ramani, ... More

TELECOMMUNICATIONS
Mobile number portability still on Govt radar
Operators given time to evolve consensus More

Surana Tele's play facility
Surana Telecom Ltd has created IT Space to the extent of 96,000 sq. ft with plug and play facility in Hyderabad. The facility has been let out to Oracle, Hyundai, DE Shaw. The company hopes to get a stable rental income over the ... More

BSNL seeks flexibility in procuring telecom gear
With some of its major projects stuck in legal wrangles, Bharat Sanchar Nigam Ltd is seeking flexibility in the way it procures telecom equipment to make it at par with competing private telecom companies. Currently, BSNL is mandated to ... More

INFRASTRUCTURE
Land transferred to Elcot for IT parks in Madurai
The Tamil Nadu Government has issued orders for transfer of a major portion of land to the Electronics Corporation of Tamilnadu (ELCOT) for the construction of information technology park and TIDEL Park in Madurai. According to the ELCOT ... More

Pacifica Tech Park to be ready by April
The 1.1-million sq ft Pacifica Tech Park, which is being developed by the Indian arm of US-based Pacifica Companies, will be ready by April, according to Mr Vikram Agnihotri, Regional Head South, Pacifica Companies. Hesaid that the project, ... More

FINANCIAL PERFORMANCE
Tech Mahindra Q3 net rises 122 per cent
Tech Mahindra Ltd reported a 122 per cent jump in its net profit for the third quarter of the current fiscal to touch Rs 166.8 crore, against Rs 75.1 crore recorded in the year ago period. The company's total revenues increased to Rs 769.8 ... More

NIIT profit after tax doubles in Q3
NIIT Ltd on Friday posted a profit-after tax (PAT) up 97 per cent at Rs 10.7 crore for the third quarter ended December 31, from Rs 5.5 crore recorded in the corresponding quarter last year. The company net revenues rose by 114 per cent at Rs ... More

i-flex clocks 130 pc rise in Q3 net
i-flex on Friday reported 130.7 per cent rise in consolidated net profit to Rs 111.2 crore for the third quarter ended December 2006, against Rs 48.2 crore a year ago. Revenues stood at Rs 557.4 crore, growing by 43.6 per cent from Rs 388 crore ... More

IT TRAINING
Arackal Digital to train NEC Corp staff
Arackal Digital Solutions, based in Technopark here, is holding a training programme for employees of NEC Corporation, Japan. Arackal Digital and NEC Corporation — a $50-billion multinational IT company — had signed an agreement to ... More

MERGERS & ACQUISITIONS
Satyam to buy out investors in Nipuna
To pursue larger outsourcing deals; eyes acquisitions More

OUTLOOK
Quint India targets tier-II cos
Compliance processes More

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