Business Daily from THE HINDU group of publications
Thursday, January 10, 2008
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Markets (Jan. 9)
BSE Sensex20869.78 (-3.55)
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ANNOUNCEMENTS
Danlaw dissolves CNA Group ties
More

TELECOMMUNICATIONS
Tribunal issues notice to DoT on RCom plea
New Delhi, Jan. 9 The Telecom Disputes Settlement and Appellate Tribunal has issued notice to the Department of Telecom on a petition filed by Reliance Communications seeking withdrawal of additional spectrum held by existing GSM operators. ... More

XL Telecom allots equity shares
XL Telecom & Energy Ltd informed the BSE today that the company allotted 11,93,698 equity shares of Rs 10 each at a premium of Rs 250 per share upon conversion of Foreign Currency Convertible Bonds (FCCBs) equivalent to $7.8 million. ... More

GSM mobile user base up 62% in 2007
New Delhi, Jan. 9 GSM mobile subscriber base grew 62 per cent in 2007 from 105.4 million in December 2006 to 171.8 million at the end of December 2007. Mobile operators added 66.4 million new users in 2007 compared with 46.9 million in ... More

More music
Nokia has launched two new additions to its XpressMusic portfolio – the Nokia 5610 and Nokia 5310 XpressMusic. While the Nokia 5610 can play music non-stop for 22 hours, the Nokia 5310 comes in red and blue with 18 hours of playback ... More

BSNL to offer 3G services
Kochi, Jan. 9 BSNL, Ernakulam, has geared up to provide third generation technology services with the launch of Resource Tracking and Management Services designed for corporate customers. The RTMS service will enable the corporate ... More

Vodafone bonus recharge offer
Vodafone Essar has launched the facility of bonus recharge through SMS for its customers in Tamil Nadu, becoming the first service provider to launch the service. Under the scheme, customers can use the balance in the account to pay for bonus ... More

FINANCIAL PERFORMANCE
iGATE net jumps 80.1% in Q3
Rupee-dollar parity has impacted revenue: CEO More

Mastek net rises 31% on robust growth in revenue
Company not seeing slowdown in US market More

HARDWARE
Cadence sees lack of talent hitting semiconductor industry
More

SOFTWARE
iGate flags off with good numbers
Top tier results to offer more cues on US scenario More

INTERNET
Clickjobs.com to tap small, mid HR consultants
Chennai, Jan. 9 Clickjobs.com, the job portal from Consim Info Pvt Ltd (formerly known as the BharatMatrimony Group), will focus on tapping into small and medium human resources consultants to grow its business in 2008. Speaking to More

INDUSTRY ASSOCIATIONS
Nasscom concern over Malaysia move
Nasscom has warned that any move by Malaysia to freeze intake of Indian workers would not only impact the operations of IT companies there, but also hit investment flow from companies which are looking at Malaysia as a potential outsourcing ... More

SOCIETY & DEVELOPMENT
IT cos to help in social welfare projects
The Tamil Nadu Social Welfare Board has planned to rope in the support of information technology companies to adopt villages and village schools, its Chairperson, Ms A. Rokkaiah Malik alias Salma, said here on Wednesday. “We have already ... More

MARKETING RESEARCH
Forrester downgrades 2008 spending estimates
Growth will be slower at 5.2% against 5.7% last year More

OUTLOOK
IT cos eye value addition and cost cuts
Pune, Jan 9 IT companies are looking for ways to extend their value chain and bolster bottomline, according to Mr. Sudin Apte, Senior Analyst, Forrester Research. “We have to see how the recession evolves. The uncertainty and cutting ... More

NEW PRODUCTS & SERVICES
Satyam unveils upgraded STB framework
Hyderabad, Jan. 9 IT services provider Satyam Computer today announced that it has released an enhanced version of its Set Top Box (STB) framework at the International Consumer Electronics Show in Las Vegas.The new framework enables ... More






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