The Hindu Business Line : Thursday, July 05, 2007

NEW BUSINESS
Four Soft deal with Fedex arm
Four Soft Ltd has informed BSE that the company has clinched a deal worth approximately $8,00,000 with Fedex Trade Networks Inc, a global transportation and logistics arm of Fedex, to implement its enterprise product suite. — Our ... More

OUTSOURCING
SPi sets up new centre in Chennai
Chennai, July 4 SPi, a Manila-based business process outsourcing company, has established a new centre in Chennai with a capacity to accommodate 1,110 employees. The centre, located in the Guindy Thiru Vi Ka Industrial Estate, will ... More

TELECOMMUNICATIONS
Meridian Mobile bets on South for growth
Bangalore, July 4 Meridian Mobile, a UK-based company that aims to garner a sizeable share in the mobile handset market, has announced aggressive plans to target the South for rapid growth. Meridian Mobile is part of the UK-based Meridian ... More

UniverCell plans more stores
Mobile phone retail chain, UniverCell, is planning to have 60 stores in Tamil Nadu by the end of September. “This will enable UniverCell to achieve a turnover of Rs 200 crore this fiscal,” said Mr Satish Babu, Managing Director of the ... More

INSIGHT
Rising rupee a blessing for China
Software industry faces its biggest challenge yet More

SOFTWARE
Wipro arm unveils Bluetooth tool
Bangalore, July 4 Wipro-NewLogic, the semiconductor IP business unit of Wipro Technologies, has released Bluetooth solutions targeted at the mobile, automotive and consumer markets. Bluetooth 2.0+EDR enables a new range of applications ... More

INTERNET
Reliance Comm launches Net services for small, medium units
Bangalore, July 4 After Pune, Reliance Communications and Cisco hit Bangalore with their package of Internet services for small and medium enterprises (SMEs). They plan to add One Office Duo, a private voice network, to the package soon. ... More

Portal developed to help filing of I-T returns
Hyderabad, July 4 Four alumni of the Indian School of Business have developed Taxyantra.com, a portal that helps people file their income-tax returns.The promoters of the portal represented by Mr Sunil Lingareddy felt that they would ... More

MERGERS & ACQUISITIONS
SingTel, Bharti have first right over Temasek’s stake in Airtel
New Delhi, July 4 Singapore Telecom Ltd and Bharti Enterprise, the largest shareholders of Bharti Airtel, will have the first right to buy the stake to be acquired by Singapore government’s investment arm Temasek. “If ... More

SPI buys Comat Tech
Bangalore, July 4 SPI, the Mysore-based IT solutions provider, has acquired the healthcare BPO and legal process outsourcing business of Comat Technologies for an undisclosed sum. As part of the deal, SPI would takeover some 400 ... More

SECURITY
Pseudo-intellectualism continues to be attached to computer crimes
More

VENTURE CAPITAL
Pvt equity firms betting big on Indian telecom cos
Sector offers returns double that of in Europe, US: Study More

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