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FINANCIAL PERFORMANCE: Infotech Q1 net doubles, but down 5% sequentially
To set up 3 SEZs in Andhra Pradesh. Hyderabad, July 23 Infotech Enterprises has recorded revenues of Rs 200.61 crore with a profit of Rs 24.5 crore for the first quarter ended June 30, 2008 as against revenue of Rs 148.81 crore and profit of ...

TELECOMMUNICATIONS: Nu Tek India IPO price band fixed at Rs 170-192
Offer to open on July 29 and close on August 1. Mumbai, July 23 Nu Tek India Ltd, a telecom infrastructure services provider offering infrastructure roll-out solutions to wireless and wire line telecommunications networks, announced its foray ...

E-COMMERCE & E-BUSINESS: Home-based biz may spend over $8 b on ICT
Rely heavily on data, voice services. Kolkata, July 23 Home-based businesses (HBBs) in India are on track to spend $8.4 billion on their ICT (information, communication and technology) infrastructure in 2008. This would represent a rise of 19 ...

OUTSOURCING: Kiran Karnik on ExlService board
Business process outsourcing company ExlService Holdings on Wednesday announced the appointment of Mr Kiran Karnik (the immediate past President of Nasscom) to the company's board with effect from September 25. "Mr Karnik is expected to draw on ...

TELECOMMUNICATIONS: SP’s entry has GSM operators worried
New Delhi, July 23 The new political equation at the Centre is making existing GSM players concerned at the possibility that a slew of policy measures may be proposed aimed at stifling their ...

SOFTWARE: Satyam, Infospectrum join to serve aviation cos
Hyderabad, July 23 IT services provider Satyam Computer has announced it has signed an agreement with Infospectrum to provide third-party maintenance, repair and overhaul (MRO) and component repair services for the global aviation ...

HUMAN RESOURCES: iNautix expands Chennai facility
Chennai, July 23 iNautix Technologies India Pvt Ltd, a subsidiary of US-based Pershing LLC and the Bank of New York Mellon Corporation, has expanded its facility (its third in the city) at the Ascendas International Tech Park in Chennai. ...

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