INFO-TECH
NEW BUSINESS
KLG Systel bags Rs 75-cr order
IT company KLG Systel Ltd on Monday announced that it has been awarded a project worth over Rs 75 crore from a leading power distribution utility. Under the project, KLG Systel will implement Vidushi, a software solution developed in ...
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TELECOMMUNICATIONS
HelloSoft’s VoIP products
Wireless technologies company HelloSoft Inc has announced it will demonstrate its VoIP (Voice over Internet Protocol) products in Texas Instruments booth at the Symbian Smartphone show to be held in London this month. HelloSoft will demonstrate ...
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Airtel's festive offers
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FINANCIAL PERFORMANCE
TCS clocks 22.8% rise in Q2 net on better margins
Mumbai, Oct 15 With over 50 per cent of its revenues coming from new service areas such as infrastructure services, consulting and BPO, Tata Consultancy Services clocked a 22.8 per cent rise in net profit to beat street estimates for the ...
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Sasken posts higher net on broad-based growth
No negative impact from US crisis, says CEO
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CMC net rises 93.3%
Mumbai, Oct. 15 City-based IT firm CMC Ltd has posted a 93.27 per cent rise in net profit for the quarter ended September 30 to Rs 23 crore, against Rs 11.9 crore logged in the corresponding quarter last year. Total income increased by ...
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SOFTWARE
Magma unveils new products for chip designers
Bangalore, Oct. 15 Chip design software maker Magma Design Automation unveiled on Monday automatic test pattern generation (ATPG) products that help test engineers. The increased complexity and smaller feature sizes of today’s ...
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HUMAN RESOURCES
TCS staff strength crosses 1 lakh
Mumbai, Oct. 15 Tata Consultancy Services crossed the 1-lakh employee mark during the quarter ended September 2007, closing the period with a staff strength of 1,04,347. According to Mr S. Padmanabhan, Executive Director, Human ...
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Etech to hire 5,000 at Gandhinagar Infocity
Ahmedabad, Oct 15 The Texas-based Etech Inc, which set up its first offshore centre in India as an ITES/BPO facility at Infocity in Gandhinagar, on Monday announced to build and occupy an entire tower at this information technology park to ...
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MERGERS & ACQUISITIONS
IMPACT
Acquisition advantageous to 3i Infotech
Co indicated it would be EPS accretive
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REGULATORY BODIES & RULINGS
DoT may freeze spectrum per operator
New Delhi, Oct. 15 With the pitch for more spectrum getting shriller, mobile operators may be asked to cough up money if they want more than 10 Mhz capacity. The Department of Telecom may also put an overall cap at 15 Mhz beyond which ...
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OFF-SHORE DEVELOPMENT
3i Infotech buys J&B Software Inc
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Manthan Systems forays into Asia
Manthan Systems, an Indian software product vendor, announced that it has entered the Asian region with its ARC retail business intelligence platform through the Philippines retail conglomerate Robinsons Retail group. The implementation of ARC ...
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SECURITY
Panel formed to advise on data security, protection
Steering committee to be headed by MphasiS Chairman
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ISPS
Sify roadshows to promote ‘Contact Centre Solution’
Coimbatore, Oct. 15 Two months after the introduction of its ‘Contact Centre Solution’ in India, Sify is now gearing up to create awareness by organising roadshows. The first roadshow has been proposed at Pune on October 17 ...
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PEOPLE
Tata Tele’s new COO for Delhi
As part of restructuring exercise aimed at realigning the company for future growth, Tata Teleservices Ltd today announced the appointment of Mr Vineet Bhatia as Regional Head-North and Chief Operating Officer for Delhi. Mr Bhatia has over 25 ...
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