The Hindu Business Line : Thursday, August 30, 2007

OUTSOURCING
String Real Estate to ramp up operations
Chennai, Aug. 29 String Real Estate Information Services, provider of back office transaction processing support to the US-based mortgage lenders, will ramp up its operations in Chennai and start centres in Tiruchi and Madurai.By March ... More

Impetus Tech plans third facility in Noida
Coimbatore, Aug. 29 Impetus Technologies, an outsourced product engineering services provider, plans to establish its third facility in Noida by next year.Based out of the US, the company has three development centres in Indore, two in ... More

TELECOMMUNICATIONS
Triple whammy for existing operators, says COAI
New Delhi, Aug. 29 Existing GSM operators have expressed their concern and disappointment at the telecom regulators’ proposal to price radio frequency beyond 10 MHz. The Cellular Operators Association of India (COAI) termed ... More

Tough norms on telecom merger laws proposed
TRAI fixes combined market power of merged entity at 40% More

INFRASTRUCTURE
Realtors turn failed malls into offices
More

SOFTWARE
Jataayu’s browser on Linux mobiles
Jataayu Software’s mobile HTML browser jB5 is now available on Linux-based mobiles. The firm announced the integration of its mobile browser, WAP stack and messaging technologies on Trolltech’s Qtopia. Qtopia is a comprehensive ... More

Oracle to market Siebel here
Software major Oracle today announced that it would aggressively market Siebel CRM On Demand in India during its financial year ending May 2008. Apart from putting a focused Siebel CRM On Demand India sales team in place, Oracle has identified ... More

HUMAN RESOURCES
Job loss likely in mortgage handling BPOs
Hyderabad, Aug. 29 As a fallout of the sub-prime crisis in the US, India may witness loss of jobs in thousands in back-end offices that are involved in processing of mortgage business, according to Mr Stephen E. Roulac, Chief Executive Officer ... More

MERGERS & ACQUISITIONS
Firstsource buys US-based MedAssist for $330 m
In one of the largest cross-border acquisitions by an Indian BPO company, ICICI Bank-promoted Firstsource Solutions has agreed to pay $330 million (Rs 1,353 crore) for buying a US company, MedAssist Holdings, to strengthen its presence in the ... More

3i Infotech buys stake in HCCA
The city-based 3i Infotech Ltd has acquired 51 per cent stake in BPO services provider HCCA Business Services Pvt Ltd. The company has been acquired for its delivery capabilities in HR operations including large-scale payroll processing for ... More

REGULATORY BODIES & RULINGS
Remove cap on number of mobile operators in a circle, says TRAI
Upfront fee for additional spectrum favoured More

E-MAIL
Beware of online stock campaigns!
PUMP-AND-DUMP SPAM More

OUTLOOK
Infosys plans hiking billing rates on rising Re, staff costs
No slowdown in US business seen; China operations not up to the mark, says CEO More

PEOPLE
New MD for Talisma Corporation
More

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Union Budget 2007-08

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