The Hindu Business Line : Sunday, January 21, 2007

INFRASTRUCTURE
Vijay Tex to build IT park
Vijay Textiles Ltd will construct a multi-storeyed IT park here covering a built-up area of about 2,25,000 sq.ft. with an investment of Rs 101.25 crore, excluding registration charges. The Hyderabad-based company is entering into an agreement ... More

FINANCIAL PERFORMANCE
Sonata net up at Rs 15.7 cr
Sonata Software Ltd's consolidated net for the quarter ended December 31, 2006 grew 84 per cent, while its revenues increased 123 per cent over the corresponding quarter last year. The company reported a third quarter ... More

Aftek profit rises to Rs 25.05 cr
Aftek Ltd has reported a 22.9 per cent rise in net profit to Rs 25.05 crore for the quarter ended December 2006, compared with Rs 20.37 crore recorded in the same year-ago quarter. Net sales for the quarter stood at Rs 82.47 ... More

SOFTWARE
Focussing on large deals is a conscious decision
If I were to take the top five large deals, many are mature and have moved over to fixed state of margins. The negative effect that we had is largely gone. MR S. MAHALINGAM, EXECUTIVE VICE-PRESIDENT AND CFO, TCS More

HUMAN RESOURCES
Bangalore likely to be top hiring city: Survey
For the January-March '07 quarter, Bangalore is expected to be the top hiring city and IT the top recruiting sector. According to the findings of the TeamLease Employment Outlook for the January-March quarter, the Bangalore-based employers ... More

IPOS
Redington (India): Invest at cut-off
The company is a predominantly high-volume, low-margin play on IT distribution, planning to ride the buoyant demand for IT products. More

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