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Saturday, July 28, 2007
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TELECOMMUNICATIONS
Walt Disney arm in talks with more mobile carriers
As a part of their effort to offer content that touches consumers in the markets they operate, the group is in the process of localising content. Their early inroads in terms of localisation are being felt already through some games and ... More

INFRASTRUCTURE
With Chennai overcrowded, TN offering other cities to IT cos
Govt will facilitate creation of physical, social infrastructure More

FINANCIAL PERFORMANCE
Patni Computer Q2 net at Rs 120.69 crore
Mumbai, July 27 The Mumbai based IT services provider Patni Computer Systems Ltd has posted a net profit of Rs 120.69 crore — on a standalone basis (according to Indian GAAP) — for the second quarter ending June 2007 compared with ... More

Cranes Soft net rises 29%
Bangalore July 27 Cranes Software International Ltd has reported a 29 per cent rise in its consolidated net profits and a 32 per cent growth in its revenues for the June quarter this year over corresponding last quarter. Cranes reported ... More

Tata Elxsi net profit up 18%
Bangalore, July 27 Tata Elxsi has reported a 18 per cent rise in its net profit and a 46 per cent rise in revenues for the quarter-ended June 2007 over the corresponding last quarter. Tata Elxsi reported a net profit of Rs 12.10 crore ... More

HUMAN RESOURCES
TeamLease plans to hire 80,000 people
Chennai, July 27 Staffing solutions provider TeamLease plans to hire about 80,000 people over the next three months. Of this, about 50,000 are likely to be banking and financial services professionals, the rest being engineering (IT and ... More

MERGERS & ACQUISITIONS
California Soft buys 51% in Aspire
California Software Co Ltd (Calsoft) has acquired 51 per cent equity in product design and application software development company Aspire Communications Pvt Ltd and its US-based subsidiary Aspire Soft Corporation. According to a press release, ... More

EXPORTS & IMPORTS
KPIT Cummins in pact with Cummins for F&A BPO services
Will provide global business solutions in IT, BPO, engineering More

OUTLOOK
UBICS Inc to roll out two products
He noted that an investment of $10 million has been utilised for the development of these products. The concept and idea had been developed in the US a couple of years ago and the development of the product would be out of the Pune ... More

MTNL banks on Net TV, VoIP to improve margins
Saturated market pushes Q1 profit down 6% More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
TN setting up electronic hardware park

Shift tack for boosting business, RRBs told

TeamLease plans to hire 80,000 people

Area under most kharif crops up

‘Nuke deal completion to boost further Indo-US ties’

First Indian plane to fly over North Pole

Companies to get their own postal pin codes

Looking back
Jul. 15-Jul. 21
Geometric Software doubling headcount

Oracle may pick up 7% stake in Empower

Indian ADRs post mixed returns

What Yipes adds to Reliance Communications

Mobile firms ready to battle it out at TRAI open house

BSNL for keeping 3G gear as part of cellular contract

Wipro BPO to start operations in China



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