Business Daily from THE HINDU group of publications
Saturday, May 10, 2008
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Markets (May 9)
BSE Sensex16737.07 (-343.58)
S&P CNX Nifty4982.60 (-99.10)
US Dollar41.61 (-0.17)


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NEW BUSINESS
Infotech bags 3-year deal from Australian firm
Hyderabad, May 9 Infotech Enterprises Ltd has informed the BSE that the company has bagged a three-year GIS (geographical information system) and data management contract from Powercor Australia & CitiPower Ltd.Powercor Australia ... More

OUTSOURCING
Convergys to expand Indian operations
Hyderabad, May 9 Business process outsourcing services provider Convergys Corporation is set to further expand and consolidate its Indian operations and is looking at partnering telecom companies helping them in billing solutions ... More

TELECOMMUNICATIONS
GSM user base growth dips in April as BSNL turns laggard
6.1 million mobile subscribers added in the month More

Tata Teleservices to invest Rs 140 cr in AP for expansion
Hyderabad, May 9 Tata Teleservices Ltd (TTSL) has sewn up ambitious expansion plan for its network in Andhra Pradesh wherein it is poised to invest Rs 140 crore during the year and add about 169 towns by September 2008.This is more ... More

Vodafone unveils uniform rates
Vodafone Essar has announced a uniform tariff structure for STD and roaming services across the country, cutting current rates. With the new reduced tariffs, customers will now be able to make STD calls at Rs 1.30/min to any destination within ... More

Tata Indicom unveils home walky talky
Madurai, May 9 Telecom service provider Tata Indicom has launched its ‘New Walky Talky’ in home-phone category here on Friday.The handset, priced at Rs 1,299 upfront carries enhanced features such as caller line ... More

HARDWARE
HCL Info unveils new series
HCL Infosystems launched the latest version of “MiLeap” H&V series of laptop computers, priced at Rs 33,990 and Rs 16,990, here on Friday. The entire range is available at DigiLife stores. On the occasion of the launch, Mr George ... More

SOFTWARE
Manthan Systems to focus on Indian retail market
Hyderabad, May 9 With the organised retail industry ramping up in India, Manthan Systems is focussing on increasing its revenues from the country. The Bangalore-based company, which is into business intelligence solutions for the ... More

IT TRAINING
Training in computer applications
More

HUMAN RESOURCES
U21Global to offer derivative, custom learning courses
Hyderabad, May 9 Online management education provider U21Global is set to expand its derivatives education and customised executive learning programmes. It is in dialogue with several Indian and global varsities to compliment their ... More

Aspire launches employer-sponsored ‘NeoHire’
TALENT HUNTING More

MERGERS & ACQUISITIONS
Bharti-MTN alliance talk gets a boost; key investor backs the deal
New Delhi, May 9 Bharti Airtel’s bid to strike a strategic partnership with South Africa-based MTN may have got a boost with one of the key investors in the company supporting the deal. The Makati family, led by former Lebanese ... More

INTERVIEW
‘Quintegra targets $1 b revenue in 3-5 years’
Quintegra Solutions Ltd has grown from $10 million to a $100-million company in the last three years. “We plan to take our revenues to $1 billion in the next three-five years,” its Head (Marketing and Strategy), Mr Chandra ... More

EVENTS
Technopark TechTop third edition announced
Technopark Thiruvananthapuram, in association with the Indian subsidiary of the US-based Degree Controls Inc, has announced the third edition of TechTop, a project competition for engineering students. Organised as an all-India ... More

VENTURE CAPITAL
Everonn raising Rs 168 cr
Everonn Systems India Ltd is raising Rs 168 crore by issuing equity shares and warrants. These instruments are to be issued to promoters and different groups of non promoters. Three foreign funds – New Vernon India, Deutsche Securities ... More






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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
People's car

P-Note blues

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Max New York rules out sectoral funds as investment option for now

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Looking back
Apr. 27-May. 3
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Industry sees gains for small, medium biz


Smartbuy



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