The Hindu Business Line : Thursday, January 31, 2008

NEW BUSINESS
TCS arm bags $200-m outsourcing deal
Mumbai, Jan. 30 Diligenta, the UK-based subsidiary of Tata Consultancy Services, has won a £100 million (over $200 million) deal to provide business process outsourcing services to support the UK operations of the Canada-based Sun Life ... More

TELECOMMUNICATIONS
Bharti gets nod for additional spectrum
New Delhi, Jan. 30 Bharti Airtel is set to receive additional spectrum in at least 10 circles despite the Government toughening the subscriber linked allocation criteria. The company has got formal approval from the Department of ... More

FINANCIAL PERFORMANCE
Mobile segment drives strong revenue growth for Bharti Airtel
Bharti Airtel has delivered a good set of numbers this quarter. The revenues grew 10 per cent sequentially to Rs 6,963.9 crore driven by strong mobile subscriber additions – 6.3 million – this December quarter. The net profit grew ... More

Firstsource net falls 31% on US crisis
Mumbai, Jan. 30 Rising loan defaults in the US coupled with certain payments to be made relating to the recent MedAssist acquisition caused the city based pure play BPO vendor Firstsource Solutions to register a 31.7 per cent fall in ... More

80% of Airtel’s revenue from cellular operations
New Delhi, Jan 30 More than 80 per cent of the revenues of leading telecom player, Bharti Airtel, during the third quarter (October-December 2007) have been contributed by the cellular business. Average revenue per ... More

Prithvi Info Q3 net rises
Hyderabad, Jan. 30 IT services provider Prithvi Information Solutions has recorded an income of Rs 291.72 crore and a net profit of Rs 28.40 crore for the third-quarter ended December 31, 2007 as against income of Rs 199.34 crore and profit ... More

Subex Q3 loss narrows on improved revenue
Bangalore, Jan. 30 Subex Ltd has reported a lower third-quarter loss of Rs 4.27 crore, compared with a loss of Rs 34.82 crore in the second quarter, citing improved revenue and stabilisation in cost. Revenue increased 38.1 per cent ... More

HARDWARE
Simmtronics expands footprint
New Delhi, Jan. 30 Simmtronics Semiconductors Ltd, which manufactures and distributes memory modules, motherboards and graphic cards, has announced expansion of its operations across the country by setting up sales and service support offices ... More

HUMAN RESOURCES
TCS staff to lose 1.5% of total salary
Co failed to meet economic value added target in Q3 More

EVENTS
Wireless world
More

NEW PRODUCTS & SERVICES
Navaraga Info unveils collaborative Web solution
In talks with enterprise users to offer these services here More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

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

People's car

P-Note blues

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
S&P ESG India Index launched

Landmark Group set for $10 b retail acquisitions

GE Money India seeks partners for personal loans, mortgage biz

Adding spice to the domestic market

FDI in commodity bourses to boost valuations

DLF net rises 6% on higher realisations from projects

Bharti gets nod for additional spectrum

Hindalco Q3 net dips 15% on lower domestic prices

Looking back
Jan. 20-Jan. 26
Tata Tele blames TRAI for GSM bias

Testing times ahead? IT’s good news for India!

TRAI to seek views on access deficit charges

TRAI mulls lower mobile charges for rural areas