The Hindu Business Line : Friday, May 23, 2008

HARDWARE
Tata Elxsi moves into its Technopark campus
Thiruvananthapuram, May 22 Tata Elxsi has moved into its own campus within Technopark Thiruvananthapuram. Speaking to the media in the city on Thursday, Mr R. Natarajan, Centre Head (Thiruvananthapuram), Tata Elxsi, said the company has ... More

SOFTWARE
Adea scouts for acquisitions
Hyderabad, May 22 IT services provider Adea Inc, based in Dallas (US), is set to expand its Indian operations inducting about 500 people more during the year.The company with operations in Bangalore and Hyderabad is scouting for ... More

INTERNET
BharatMatrimony, Metropolis team offers pre-marital health check-ups
BharatMatrimony.com and Metropolis Health Services India will jointly offer pre-marital check-ups for prospective brides and grooms with health profiles made available in the Web Site voluntarily by individuals. This will make ... More

HUMAN RESOURCES
Nasscom’s suggestions for IIITs
New Delhi, May 22 In response to the Prime Minister’s announcement that 20 new Indian Institutes of Information Technology (IIITs) would be set up as part of the Eleventh Five-Year Plan, Nasscom, the country’s apex body of software ... More

MERGERS & ACQUISITIONS
Providence Equity buys 20% stake in Idea Cellular arm
Mumbai, May 22 US-based Providence Equity Partners has picked up 20 per cent stake in Aditya Birla Telecom (ABTL), a subsidiary of Idea Cellular, for $640 million (Rs 2,748 crore).ABTL owns a telecom licence for the Bihar service area ... More

Accel Frontline acquires XLNC Infotech
Chennai, May 22 Accel Frontline Ltd (AFL) has acquired XLNC Infotech Solutions, a Bangalore-based company specialising in warranty management services providing repair services for multinational original equipment manufacturers. ... More

CBaySystems eyeing 69.5% stake in MedQuist
Mumbai, May 22 Healthcare and medical transcription solutions provider CBaySystems Holdings Ltd intends to acquire 69.5 per cent stake in MedQuist Inc from Koninklijke Philips Electronics N.V. (Philips) for approximately $287 million. ... More

‘HP, EDS need not make tender offer for MphasiS shares’
Bangalore, May 22 Mphasis Ltd, a subsidiary of Electronic Data Systems Corp, today informed the stock exchange that Hewlett-Packard and EDS would not be required to make a tender offer for the shares of MphasiS under the provisions of the SEBI ... More

Hewlett Packard-EDS merger at global level
Open offer not on the anvil for MphasiS More

Ybrant consolidates acquisitions
More

MARKET SHARES
Mobile segment: Raja sets 30% market share target for BSNL
‘Improve quality of services to retain market leadership’ More

PEOPLE
Perot Systems names new COO
Perot Systems Corp said Thursday it appointed Mr Gopinathan Padmanabhan as Chief Operating Officer and Vice-President (Global delivery) for its consulting and applications solutions (CAS) global business unit. It also appointed Mr Pallab ... More

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

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

Other Top Stories
Centre chalks out plan to develop 60 ‘solar cities’

PM pins hopes on Govt measures, good monsoon to curb inflation

Indian iron ore cos may gain in spot market

‘Export tax on steel may affect auto part makers’

White goods set for 5-7% hike

WTO’s twin draft modalities on agriculture not formal proposals

DP World Chennai to pay Rs 91-cr compensation to Chennai port

Looking back
May. 11-May. 17
Satyam adopts global accounting norms ahead of deadline

‘IT exports to touch $80 b in three years’

Indian IT service providers may lose contracts to MNCs: Forrester Research

BSNL decides to deploy HP’s disaster recovery solutions

Rural BPOs set to grow, says Karnik