The Hindu Business Line : Tuesday, February 27, 2007

INFRASTRUCTURE
Decision on Kochi Smart City imminent
The Chief Minister, Mr V.S. Achuthanandan, has said that a decision on the Rs 1,600-crore Smart City project at Kochi would be taken "in a day or two". Mr Achuthanandan said this while speaking to newspersons after emerging from a second round ... More

SOFTWARE
Prithvi Info allots $50 m FCCBs to Lehman Brothers
Technology solutions provider Prithvi Information Solutions Ltd has allotted zero-coupon foreign convertible currency bonds (FCCBs) equivalent to $50 million to Lehman Brothers International (Europe), at a conversion price of Rs 469.13 per equity ... More

MERGERS & ACQUISITIONS
TVS Electronics to sell Tumkur unit to Finland co
TVS Electronics on Monday said that the company's board of directors has approved the sale of its Contract Manufacturing Services (CMS) Business at Tumkur to Incap Corporation, Finland, and issuance of preferential warrants to its promoter, TVS ... More

HOV Services to buy US BPO unit for Rs 600 cr
Combined workforce to top 11,000 employees More

OFF-SHORE DEVELOPMENT
Zensar offshore centres near Pune
The Pune-based IT services provider Zensar Technologies is planning to spend about Rs 40 crore to set up offshore development centres (ODCs) at its existing headquarter campus near Pune. Two new buildings will be established on ... More

Mercator to open centre in Bangalore
Mercator, the IT division of the Emirates Group, is planning to set up a software development centre in Bangalore. The investment will be in the order of a couple of millions of dollars. The centre could be a division of Mercator or a joint ... More

INTERVIEW
Design-to-delivery is NXP blueprint
`Local thrust would need $40 m, 3 years to pay off' More

MARKET SHARES
Crashing prices fuel demand for laptops
Cheaper by 11 pc; shipment grows by 104% More

PEOPLE
Intel S. Asia Sales director
Intel on Monday announced the appointment of Mr R. Ravichandran as South Asia Sales Director. Mr Ravichandran will be responsible for the overall consolidation of all sales activities in South Asia across channels and OEMs ... More

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