The Hindu Business Line : Saturday, July 12, 2008

INFO-TECH

OUTLOOK: Cautious optimism is Infosys guidance
Challenges remain; client sentiment is down. Chennai, July 11 The negative sentiment in the West (triggered by the mortgage crisis in the financial services industry) still lingers, giving some cause for concern among IT services providers in ...

TELECOMMUNICATIONS: Higher base price for 3G, WiMax auction proposed
Revised recommendations in line with DoT views. New Delhi, July 11 The Telecom Regulatory Authority of India on Friday proposed to raise the base price for operators participating in the auction for third generation mobile and broadband ...

STOCKS: Infy nos dampen IT stocks
Marketmen expect similar show from other cos. Mumbai, July 11 The BSE IT Index erased its gains in early trading to shed almost 7 per cent on Friday, post the Q1 results of IT bellwether Infosys Technologies. All the scrips in the BSE IT index ...

OUTLOOK: Offshore product development set for consolidation
Market favours either big or small niche players. Bangalore, July 11 The offshore product development industry in India is all poised for consolidation, with smaller companies becoming likely targets for acquisition. The market favours either ...

MERGERS & ACQUISITIONS: WNS buys Aviva’s BPO biz
Mumbai, July 11 WNS (Holdings) Ltd said it has acquired UK insurance major Aviva’s BPO business Aviva Global Services (AGS) for around $ 228 million (Rs 980 ...

HUMAN RESOURCES: Hiring as planned, mostly from campuses
Bangalore, July 11 Putting to rest speculation that IT companies would hire less because of the slowdown, Infosys Technologies, India’s second largest IT services provider, said hiring for the company would be as ...

HUMAN RESOURCES: Placement services for mid-career professionals
YOGANISTA PROJECT. Chennai, July 11 Yoganista Technologies Pvt Ltd has announced the launch of its new project, Midcareers.com, offering placement services for mid-aged professionals. ...

OUTSOURCING: Zensar bags Kotak Mahindra Bank contract
Pune, July 11 Zensar Technologies, IT and BPO services provider, has announced a centralised customer relationship management centre for Kotak Mahindra Bank. The centre located here would cater to activities such as customer acquisition, ...

TELECOMMUNICATIONS: Virgin Mobile to expand reach
Hyderabad, July 11 Virgin Mobile India, a sub-brand mobile telephony service offered under Tata Teleservices Ltd, is aiming to reach out to 1,000 towns before December this year, while also stepping up retail footprint. Within three months, ...

EVENTS: Commemorative stamp

OUTSOURCING: Aviva renews outsourcing contract with EXL in Noida
New Delhi, July 11 Nasdaq-listed BPO firm, ExlService Holdings Inc, on Friday announced that insurance giant Aviva has renewed its outsourcing contract with EXL for services from the latter’s Noida facility up to January 2012. The ...

SOFTWARE: Exon in tie-up for ‘thinking pattern’ tests
Coimbatore, July 11 Exon Solutions, a Gurukul online learning solutions enterprise, has entered into a tie-up with the Centre for Applied Axiometrics (CFAAM) and Axiometrics International Inc (Ai) for providing psychometric assessments in ...

OUTLOOK: HCL Tech sees $75-m forex loss in June quarter
New Delhi, July 11 The sudden weakening of the rupee from April has taken a toll on the outstanding forex hedging position of India’s fifth largest IT services company HCL Technologies. ...

FINANCIAL PERFORMANCE: Infosys betters guidance, pricing outlook clouded
Amidst persisting concerns of lower IT spends by clients and the continuing US slowdown, Infosys has beaten its own guidance this June quarter. However, there is little clarity yet on whether the slowdown is impacting the pricing environment ...

NEW PRODUCTS & SERVICES: Yahoo! Search BOSS
Yahoo! has announced a new open Web services platform, Yahoo! Search BOSS (Build Your Own Search Service), which gives third parties access to Yahoo! Search technology, including the ability to re-rank and control the presentation of Web search ...

NEW PRODUCTS & SERVICES: HP Snapfish offerings

NEW PRODUCTS & SERVICES: New Subex tool

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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
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