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Friday, August 08, 2008
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TELECOMMUNICATIONS: Govt may go ahead with BSNL IPO plan despite union protest
Plans listing in next 6 months; shares may be priced in Rs 300-400 range. New Delhi, Aug. 7 Despite opposition from the company’s employees union, the Government seems to be moving ahead on its plans to list State-owned telecom company ...

IT-ENABLED SERVICES: DoT allows ‘home agents’ for call centres, telemarketers
Revised guidelines for ‘Other Service Providers’ category. New Delhi, Aug. 7 The next time you call a customer care centre or call a toll free number for buying a service or product, you may be speaking to a customer-service agent ...

INTERVIEW: Cognizant tapping emerging markets
Sees growth in IT infra services; financial sector concerns to remain. Bangalore, Aug. 7 Cognizant Technology Solutions, rattled by the downturn in the US economy, is expanding rapidly in emerging markets such as China and India as it looks ...

OUTLOOK: India can be innovation hub for products
Expats could give big push to the trend: Zinnov. Bangalore, Aug. 7 The emergence of a strong domestic market in India and the return of expatriates from the US could lead to product innovation at the India captive centres of major ...

INTERNET: Online music portal unveiled
Radio City 91.1 FM has announced the launch of Planet Radiocity.com — a mega music portal. Catering to the music-related needs of musically inclined people, music professionals and members of the music industry, the portal provides ...

OUTLOOK: Oracle sees demand for customised retail tools
Bangalore, Aug. 7 Software maker Oracle Corp said it sees increased demand for sophisticated retail solutions in the Indian retail industry, fuelled by the necessity to provide localised service by retailers to their ...

HUMAN RESOURCES: ‘Attrition at Satyam among lowest in industry’
Hyderabad, Aug 7 IT services provider Satyam Computer has managed to bring down its attrition rate to 11.5 per cent during 2007-2008, which is amongst the industry’s lowest, according to Mr B. Ramalinga Raju, Chairman of Satyam ...

TELECOMMUNICATIONS: DoT kick-starts second phase of rural mobile project
New Delhi, Aug. 7 Kick-starting the second phase of creating cellular infrastructure in rural areas using the Universal Services Obligation fund, the Department of Telecom has invited expression of interest from companies who want to bid for ...

MERGERS & ACQUISITIONS: CBay Systems buys 69.5% in MedQuist
Coimbatore, Aug. 7 CBay Systems Holdings Ltd has said that it has successfully completed acquisition of a 69.5 per cent stake in MedQuist from Koninklijke Philips Electronics N.V. for a total consideration of $287 million. At the meeting held ...

SOFTWARE: MRO-TEK solutions for Big Animation
Bangalore, Aug. 7 MRO-TEK Ltd, a provider of product-based solutions to access network, and Premier Partners for Foundry Networks in India, successfully implemented a network infrastructure powered by Foundry Networks for Big Animation, at ...

E-COMMERCE & E-BUSINESS: Uniglobe, Amadeus launch booking solution
New Delhi, Aug 7 Amadeus and Uniglobe Travel (South Asia) has announced the roll out of complete access online, a specialised integrated booking solution which empowers travel agencies to offer enhanced online and offline travel services to ...

SOFTWARE: New animation co launched
The city-based Mookambika Infotech Pvt Ltd, which runs an Arena Animation Academy in Thiruvananthapuram, has floated Imago Global to focus on the animation sector. Imago Global will focus on animation production, post-production and outsourcing, ...


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Markets (Aug 07)
Nifty (at close)4523.85 (+6.30)
US Dollar (Buy/Sell)42.01/02
Brent crude (per bbl) Rs4,825
Gold (per gram) Rs1,118
Silver (per gram) Rs24.85


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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
Remembering Ramachander

Ranbaxy-Daiichi deal

People's car

Other Top Stories
Reliance Money sets up subsidiary in Saudi Arabia

DoT allows ‘home agents’ for call centres, telemarketers

India can be innovation hub for products

Slowdown in Tier II bond issuances

BSE Auto Index overtakes benchmark Sensex

Issues stalling free trade pact with Asean resolved

Impact of transaction tax on financial markets

Soyameal shipments may top 55 lakh t; oilmeal exports double

Rangarajan quits as PM’s Economic Advisory Council chief

NTC proposal to set up 7 new mills gets GoM panel nod

Looking back
Jul. 27-Aug. 2
TRAI sets 5-yr timeframe for digital cable TV

Domestic BPO sector to treble revenues by 2012

Print advertising of cellular phone services down by 25%

CDMA players want one time spectrum levy on GSM peers

Aggressive plans for affordable 3G devices

Wireless broadband policy announced

Life



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