The Hindu Business Line : Tuesday, October 23, 2007

AWARDS & HONOURS
Virtusa CEO bags TiE award
Virtusa Corporation has announced that its Chairman and CEO, Mr Kris Canekeratne, has been awarded TiE-Boston IPO Award in recognition of the company’s successful IPO in August, according to a company statement. The award will be presented ... More

TELECOMMUNICATIONS
Cricinfo MobiCast launched
Bangalore, Oct. 22 Cricinfo Mobile has announced the launch of ‘Cricinfo MobiCast’ — a live, ball-by-ball update and scorecard service for Internet/GPRS enabled mobile phones. This free service is offered in ... More

Phone user base touches 250-m mark
New Delhi, Oct. 22 Even as the telecom industry battles out spectrum and other technology disputes, the subscriber growth rate continues to be on a high. With nearly six million new subscribers being added every month, the December 2007 ... More

Licence acquisition – Shot in arm for RCom
Bharti Airtel appears to be at least advantage More

Tata Tele 3Charge offer
More

Idea Dhamaka-3 contest
More

INFRASTRUCTURE
L&T begins work on Mumbai IT centre
Mumbai, Oct. 22 Engineering and construction company Larsen and Toubro began construction work on its 5,000-seat software development centre in Mumbai.The proposed 8-storeyed twin towers project will be completed in about 18 ... More

FINANCIAL PERFORMANCE
GTL net jumps 85.5%
Mumbai, Oct. 22 City-based GTL Ltd has reported a net profit of Rs 152.34 for the quarter ended September 30, aided by a one-time extra-ordinary income from the sale of its enterprise network and managed services business. Without ... More

Sonata Q2 net, revenue rise
Bangalore, Oct. 22 Sonata Software has reported a 21 per cent rise in consolidated net profit and a 122 per cent rise in revenue for the September quarter over corresponding period last year. The company posted a net profit of Rs 11.93 ... More

SOFTWARE
HP bags Andhra Bank contract
To implement core banking solution and manage tech resources More

IBS opens campus at Technopark
Thiruvananthapuram, Oct. 22 IBS Software Services, a leading global provider of IT solutions to the global travel, transportation and logistics industry, opened its fully-owned campus at Technopark here on Monday. The Chief Minister, ... More

SatNav tool for Vatika group
SatNav Technologies, a Hyderabad-based IT products company, today announced that it would implement a-mantra, an asset management software, for Vatika Group. Vatika Group is a diversified real estate, hospitality development and facilities ... More

REGULATORY BODIES & RULINGS
Tata Tele jumps on the GSM bandwagon
Seeks DoT nod to deploy mixed technology More

ALLIANCES & JOINT VENTURES
ISquareIT, Nokia Siemens tie up
International Institute of Information Technology (ISquareIT) has signed a memorandum of understanding (MoU) with Helsinki, Finland-based Nokia Siemens Networks for collaboration in the field of IP Multimedia Subsystems (IMS) application software ... More

BONUS ANNOUNCEMENTS
Rolta Q2 net up at Rs 53.8 cr
Mumbai, Oct. 22 Geospatial information systems developer Rolta India Ltd has recorded a 44.2 per cent rise in consolidated net profit for the first quarter ended September 30 to Rs 53.82 crore as against Rs 37.32 crore in the corresponding ... More

OUTLOOK
HP sees good potential in infrastructure management
Hyderabad, Oct. 22 Hewlett Packard (HP) India is upbeat on infrastructure management services and long-term maintenance deals that Indian enterprises are increasingly turning their focus on core business competency.Areas such as ... More

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Address by MOS for Commerce Jairam Ramesh to NASSCOM (pdf)

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
HC order on Novartis appeal hearing likely today

Raymond shuts down Be: stores; plans re-positioning of brand

Participatory note policy driven by a short-term view of market

LIC Housing net rises on higher interest income

Managing foreign fund inflows a challenge: Kamath

Phone user base touches 250-m mark

Chilli exports set to surge, monopolise EU markets

Food processing biz lures global pvt equity players

Looking back
Oct. 14-Oct. 20
CDMA 3G trials on 1900-band done under DoT watch

‘Indian semiconductor industry remains bullish’

‘Entry-level mobiles not up to customers’ mark’

Rupee rise: TCS to focus on domestic biz

GSM operators seek PMO’s intervention on spectrum

Product biz boosts Wipro Infotech revenues

WiMax gets ‘3G technology’ tag