Business Daily from THE HINDU group of publications
Friday, February 16, 2007
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OUTSOURCING
Nipuna to expand, seeks bigger deals
Nipuna Services Ltd, the business process outsourcing subsidiary of Satyam Computer, is set to expand its operations significantly as it pursues larger integrated outsourcing deals. The Chief Executive Officer of Nipuna, Mr Vekatesh Roddam, ... More

TELECOMMUNICATIONS
Mandatory tower sharing for telcos
Trial runs soon in Mumbai, Delhi More

Essar group to invest $250 m in mobile stores
The Essar group will invest $250 million (Rs 1,100 crore) to create a pan-India network of retail telecom outlets branded The MobileStore. The amount will be invested over a period of two or three years to create 4,000 to 5,000 outlets across ... More

No rentals for national roaming in Gujarat: Hutch
A day after the Vodafone CEO, Mr Arun Sarin, said the mobile telephony would be cheaper, Hutch today declared that there would be no monthly rentals for Hutch users in Gujarat for national roaming, even as its current partner Essar said it has no ... More

Idea Cellular IPO subscribed 49 times
The initial public offering of Idea Cellular Ltd, a mobile services company of the Aditya Birla Group company, was oversubscribed 48.61 times on the bourses at 8.00 p.m. Bids were received across the price band of Rs 65-Rs 75 per share. The ... More

Vihaan offers low cost network for rural areas
Can support as low as 150 subscribers More

INFRASTRUCTURE
Essar not against network sharing: Mittal
The Essar Group is not against a network sharing arrangement between Hutch and Airtel following Vodafone's purchase of stake in Hutch Essar, Mr Sunil Mittal, Chairman of Bharti Group, said on Thursday. "I spoke to the Ruias and they have no ... More

FINANCIAL PERFORMANCE
Hexaware Tech net rises 36%
Hexaware Technologies said its net profit for the quarter ended December 31, 2006 rose by 36.36 per cent to Rs 33.75 crore from Rs 24.75 crore a year earlier. Net revenues for the quarter stood at Rs 240.21 crore against Rs 174 crore recorded in ... More

SOFTWARE
Future Bazaar hires AppLabs
AppLabs Technologies has announced that it has been engaged by Future Bazaar India, a subsidiary of Pantaloon Retail, for the security and testing of the e-retail Web site More

MERGERS & ACQUISITIONS
Essar plan to stay invested in Hutch
`No intention of exiting Hutch Essar or telecom business' ; say telecom core part of portfolio More

Can Ruias squeeze a better deal later?
Analysts are debating whether the Vodafone-Hutch deal yields the best price ever that the Ruias of Essar can get for their interest in Hutchison-Essar, or whether they can squeeze out a better price later by remaining as Vodafone's partner. If ... More

ALLIANCES & JOINT VENTURES
Polycom to strengthen alliance with Cisco
California-based communication solutions provider, Polycom Inc is looking to extend the scope of its global alliance with the networking company, Cisco to cover the Indian market in telepresence solutions. Telepresence entails virtual ... More

E-MAIL
Free Gmail account for all
Now anyone in India will be able to go to Gmail.com and create a free account. Until today, Gmail was an invitation only service. Google also launched a new downloadable Gmail for mobile application. From a user perspective the ... More

BROADBAND
Wi-Max live field trials on Aircel network
Alcatel-CDoT does trials on Aircel networks More

OUTLOOK
AMD bullish on India
To strengthen platform, R&D teams More

PEOPLE
New Tavant Director
Solutions provider Tavant Technologies announced the appointment of Mr Nagender Prasad as the Director Operations for India. Before joining Tavant, Mr Prasad was the AVP Operations at Equinox Inc, the BPO arm of I-flex Ltd. He ... More

Ajay joins SemIndia as COO
Mr Ajay Marathe, who served as president of AMD India, has joined SemIndia as the Chief Operating Officer with effect from February 12. ... More

NEW PRODUCTS & SERVICES
HP unveils `Integrity rx2660'
Hewlett-Packard launched an entry-class server — Integrity rx2660 — on Thursday. A new version of the HP-UX 11i operating system and a new model for BladeSystem c-Class environment were also introduced. The company ... More






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Top Stories
Can Ruias squeeze a better deal later?

Bankers reject SPIC's `improved proposal' for debt revamp

`Petro price cut should help moderate inflation'

On taxation of salaried employees in India

Banks concerned about price volatility in farm lending

Mandatory tower sharing for telcos

Inflation targeting — Address the supply-side constraints too

Ranbaxy's US offices searched

Looking back
Feb. 4-Feb. 10
`Promoters have no plan to sell stake in Polaris'

24/7 Customer looking to grow non-voice biz

Caritor, Keane agree to merge

Data leakage to become more personal: Websense

Bharti complains to DoT against BSNL

What BPO players say about scope for cutting costs



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