The Hindu Business Line : Saturday, April 12, 2008

Shyam Telelink gets additional spectrum for 9 circles
New Delhi, April 11 Shyam Telelink Ltd has been allotted start-up spectrum in nine circles by the Department of Telecom. Confirming this development, a company spokesperson said that the spectrum was for offering services based on code ... More

Idea Cellular contest for Vishu
Idea Cellular is offering a unique opportunity to its customers to win a Nokia colour handset everyday through the Nokia ‘Vishu Kaineetam’ SMS contest. To participate in the contest, the customer has to SMS<VIS> to 55456 and More

FINANCIAL PERFORMANCE
GTL posts 72% growth in Q4 profit
Mumbai, April 11 Network services firm GTL Ltd has recorded a 72 per cent growth in net profit at Rs 48.89 crore for the fourth-quarter ended March 31 against Rs 28.39 crore reported in the year ago period. Total income grew by 19.7 ... More

SOFTWARE
Altium adds Trident Techlabs, Mistral
Altium Ltd, developer of unified electronic product development solutions, has appointed Trident Techlabs and Mistral Solutions to its network of value added resellers in India. They join Altium’s existing reseller Embedded System ... More

INTERNET
Oridian partners FTV for ad traffic
Hyderabad, April 11 Marketing solutions provider Ybrant Digital has announced a partnership between its subsidiary Oridian Ltd and the global fashion and beauty media company Fashion TV (FTV), to help the latter monetise all international ad ... More

HUMAN RESOURCES
Campus salaries in IT cos surge 17%: Survey
Bangalore, April 11 Campus salaries in IT companies have jumped 17.6 per cent in the last two years across domains with 71 per cent of the students receiving salary between Rs 3 lakh and Rs 5 lakh. This year, the average annual IT ... More

MERGERS & ACQUISITIONS
‘Offer to Yahoo! a fair one’
Mumbai, March 11 Microsoft has termed its offer to take over online search counterpart Yahoo! Inc as a ‘fair’ one. The company believes that the acquisition will assist Microsoft in its strategy to strengthen its foothold in the ... More

Allied Digital buys 51% in Digicomp
Bangalore, April 11 Allied Digital Services Ltd, an IT infrastructure management and technical support services outsourcing company, said it acquired 51.05 per cent stake in Digicomp Complete Solutions Pvt Ltd to grow in the hardware repair ... More

ICSA (India) stepping up exports; looking for buyouts
Hyderabad, April 11 ICSA (India) Ltd, technology-driven energy audit management solutions provider, is set to step up its export business from 9 per cent now to about 15 per cent this fiscal and is also looking at some overseas buyouts. ... More

REGULATORY BODIES & RULINGS
TRAI for mobile number portability by June 2009
New Delhi, April 11 Favouring the nation-wide implementation of mobile number portability by June 2009, telecom regulator TRAI on Friday recommended that the Mobile Number Portability Clearing House Administrator (MCHA) should be licensed ... More

ALLIANCES & JOINT VENTURES
Microsoft, HCL Info tie up for centre of excellence
To enhance employability, help Indian IT industry More

OFF-SHORE DEVELOPMENT
Quatrro BPO buys Chicago-based co
Quatrro BPO Solutions said it acquired Chicago-based RSM McGladrey Financial Process Outsourcing that provides accounting service solutions for small and medium enterprises with financial participation from Sri Lanka’s John Keells Holdings. ... More

OUTLOOK
Nasscom upbeat on IT growth story
US slowdown impact may last 4-6 months; confident of meeting 2010 export target More

Siemens Info upbeat on airport IT automation projects
Hyderabad, April 11 Siemens Information Systems Ltd (SISL), part of the diversified Siemens Group, is upbeat on airport automation projects in India and overseas. India is the global headquarters for its transportation and ... More