INFO-TECH
TELECOMMUNICATIONS
Airtel prepaid offer
Bharti Airtel has introduced first range of zero processing fee prepaid products for the entire mobile prepaid category. Airtel Happy Recharge will enable the prepaid customers to get the benefit of full talk time without ...
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COURTS/LEGAL ISSUES
HC restrains 2 firms from using `Infosys' name
The Calcutta High Court on Friday restrained two city-based software houses from using in their business the brand name of Infosys or Infy, as these are the original trademark of Infosys Technologies Ltd, headed by Mr Narayana Murthy. Infosys ...
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STOCKS
Mutual funds scale up tech stocks exposure
Tech funds record 30% return in one year against index funds' 15%
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FINANCIAL PERFORMANCE
Wipro Q4 net, revenue rise 39%
`Investments in differentiated service lines paying dividends'
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Satyam Q4 net rises 38%
On course to becoming $2-b company
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Sasken net grew 93% last fiscal
Sasken reported a 93-per cent rise in its consolidated net profis and a 55 per cent growth in revenues for the year-ended March 31, 2007 over the last year. The company reported a net profit of Rs 44.3 crore on revenues of Rs 477 crore for ...
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HUMAN RESOURCES
Attrition rate down
Satyam Computer Services Ltd, which currently has about 35,670 associates, plans to induct about 15,000 more during 2007-08. The Senior Vice-President of Satyam Computer, Mr T. Hari, said of the new additions planned, about 45 per cent would be ...
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ALLIANCES & JOINT VENTURES
HCL Tech, Saudi co in pact
HCL Technologies has entered into an alliance with $200 million Saudi Arabian company Advanced Electronics Company (AEC) to implement IT projects in West Asia. As a part of this agreement, HCL Technologies would train ...
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Xius is HP's sales partner
Megasoft Ltd on Thursday announced that its telecom arm, Xius, has become a preferred sales partner to HP for the Asia Pacific and Japan region. As an acknowledgement of Megasoft's contributions to HP's OpenCall platform, Xius ...
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OFF-SHORE DEVELOPMENT
Wipro Infotech setting up centre in Egypt
Wipro Infotech is setting up a development centre in Egypt to cater to its clients in West Asia. The development centre at Cairo would be operational over the next couple of quarters, said Mr Suresh Vaswani, head of Wipro Infotech. The company ...
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i-flex sets up Greek arm
i-flex Solutions said on Friday that it has set up a subsidiary, i-flex Solutions SA, in Athens, Greece in partnership with Fourlis Group, the largest holding house of Greece. The subsidiary will cater to the markets of Greece ...
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STANDARDS & BENCHMARKS
New TRAI survey points to low quality of mobile services
The telecom subscriber base is growing exponentially, but consumers are not too happy with the quality of service being provided by operators. According to a survey by the Telecom Regulatory Authority of India (TRAI), the overall customer ...
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OUTLOOK
Satyam to focus on growth in SEZ units
The Chief Financial Officer of Satyam Computer Services, Mr V. Srinivas, on Friday said that the company has sewn up plans for a capital expenditure of $100 million (about Rs 430 crore) during 2007-2008, up from $88 million in ...
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Wipro after 10 deals of $50 m each
`There is still room for growth in Continental Europe as large areas remain untapped'
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