The Hindu Business Line : Saturday, October 20, 2007

TELECOMMUNICATIONS
Yahoo launches SMS search
The mobile is the new battleground for search engines, with Yahoo India’s launch of OneSearch SMS. In SMS-based search, a text message with the query is sent to a shortcode – such as 54664 for Google SMS Search or 58242 for ... More

DoT tightens norms for spectrum allocation
No cap on number of operators More

VSNL, RCom shine on new developments
Analysts see long-term prospects for telecom sector More

INFRASTRUCTURE
TCS, 2 multi-sector SEZs among 10 projects cleared
Board of Approval clears co-developers in Navi Mumbai SEZ More

TECHNOLOGY
WiMax gets ‘3G technology’ tag
New Delhi, Oct. 19 In yet another setback to existing GSM operators, the International Telecommunications Union Radiocommunication Assembly in Geneva has decided to include WiMax as a third generation (3G) wireless technology. ITU is a ... More

RCom pays entry fee for foray into GSM segment
It’s permission for new tech: DoT More

FINANCIAL PERFORMANCE
Product biz boosts Wipro Infotech revenues
Bangalore, Oct 19 A ninety per cent growth in its product business spurred Wipro Infotech, the India, West Asia and Asia Pacific business of Wipro Ltd, to clock a 72 per cent year-on-year growth in revenues for the quarter-ended September ... More

HARDWARE
Moser Baer to raise $100 m via private equity
New Delhi, Oct. 19 Optical storage media maker Moser Baer has announced that it would raise $100 million (Rs 400 crore) for its photovoltaic subsidiary through investments from private equity investors including IDFC and GIC Special ... More

SOFTWARE
Wipro tech study initiative
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INTERNET
Icfai Books launches portal
The Icfai Books, a unit of Icfai University Press, launched its Web site, www.books.iupindia.org, to enable easy access to publications from Icfai Books to professionals, researchers and academicians. ... More

BigAdda plans to launch more services
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HUMAN RESOURCES
Indian IT managers’ pay fourth lowest: Mercer
Pay highest in Switzerland, Denmark, Belgium, UK More

MERGERS & ACQUISITIONS
Cognizant buys analytics firm marketRx for $135 m
Chennai, Oct. 19 Cognizant Technology Solutions Corporation has acquired analytics company marketRx Inc for $135 million in cash to expand Cognizant’s life sciences industry offerings. Both are US-headquartered companies with strong ... More

SAP’s Yasu buy highlights how India does IT
Bangalore, Oct 19 The imminent takeover of the Hyderabad-based Yasu Technologies by SAP, a leader in data bases and enterprise software, is a pointer to the tech ‘hava’ that increasingly wafts the scent of cutting edge Indian ... More

E-COMMERCE & E-BUSINESS
10% of CIL’s output to be sold through e-auctions
Govt approves coal distribution policy More

BROADBAND
BSNL to embark on Rs 2,000-cr WiMax project
New Delhi, Oct 19 After closing a mega GSM contract with Ericsson, BSNL will soon place an order for buying WiMax equipment that will be used to provide wireless broadband to two million subscribers. The project value is estimated to be around ... More

EVENTS
Women summit at UST Global
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VENTURE CAPITAL
Manipal Education invests $2.5 m in TutorVista
Bangalore, Oct. 19 Online tutoring company TutorVista.com has announced that Manipal Education Group has made a strategic investment of $2.5 million in the company. The collaboration with Manipal Education will help the online tutoring ... More

PERFORMANCE
Wipro not hit by slowdown in US: Premji
Company says demand continues to be strong More

NEW PRODUCTS & SERVICES
EMC rolls out 25 new products
More