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NEW BUSINESS
Satyam bags two multi-million dollar FIFA deals
Hyderabad, July 31 Satyam Computer Services today announced that it has bagged two multimillion-dollar deals from FIFA, the football governing body, to custom-develop event management and logistics software for World Cup 2010 to be held in ... More

TELECOMMUNICATIONS
Reliance Comm standalone profit rises 76%
Mumbai, July 31 Reliance Communications’ said its stand-alone first quarter net profit rose by 76 per cent as its subscriber base expanded and higher realisations per minute kept average revenue per user stable.The stand-alone net ... More

FINANCIAL PERFORMANCE
Megasoft Q2 net rises to Rs 9 cr
Hyderabad, July 31 Megasoft Ltd recorded revenues of Rs 60.11 crore and profit of Rs 9.45 crore for the second quarter ended June 30, as against revenues of Rs 37.72 crore and a profit of Rs 8.07 crore for the corresponding quarter last ... More

Bartronics net, sales double
Hyderabad, July 31 Bartronics India recorded sales of Rs 25.43 crore and profit of Rs 4.76 crore for the first quarter ended June 30, 2007 against sales of Rs 12.26 crore and a profit of Rs 2.20 crore for the corresponding quarter last year. ... More

Geodesic Q1 net at Rs 30 cr
Mumbai, July 31 Geodesic Information Systems has reported 110.1 per cent rise in stand-alone net profit for the first quarter ended June to Rs 30.45 crore (Rs 14.49 crore). Net revenues were up 73 per cent at Rs 59.7 crore (Rs 34.5 crore). ... More

Cambridge slips into red
Bangalore July 31 Cambridge Solutions Ltd slipped into the red on the back of foreign exchange losses and restructuring expenses for the quarter-ended June, 2007.Cambridge reported a consolidated loss of Rs 4.94 crore on revenues of Rs ... More

VSNL first quarter net rises 18%
Videsh Sanchar Nigam Ltd’s net profit for the first quarter of the fiscal rose by 18 per cent, led by increased revenues and profits from its ‘enterprise and carrier data’ business. The company’s net profit amounted to Rs ... More

MANPOWER
BSNL seeks to shed 20,000 staff through retirement plan
Plan to hire Class I officers for enhancing operational efficiency More

HUMAN RESOURCES
techTribe offers cash incentives for referrals
Hyderabad, July 30Career networking platform techTribe has come up with an offering, frontFoot, positioned as a referral service with a difference.Those who refer the right techie or professional get paid Rs 10,000 to Rs 15,000 if those ... More

NEW PROJECTS
Captive development centres facing heat
Rising rupee adds to pressure from high wages, attrition More

ALLIANCES & JOINT VENTURES
Gameshastra, Freeze Tag ink pact
Gaming development services provider, Gameshastra, has announced it has signed a master game development agreement with Freeze Tag, a California-based casual game publisher and developer. As per the deal, while Gameshastra will offer services, ... More

E-GOVERNANCE
New e-filing scheme for intermediaries
New Delhi, July 31 The Central Board of Direct Taxes (CBDT) has come up with a new scheme for electronic filing of returns through e-return intermediaries. Public sector companies, firm of chartered accountants or advocates that have ... More

NEW PRODUCTS & SERVICES
Remote device enables SMS alert about vehicle theft
Micro tech lines up new range of products More

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