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Thursday, October 30, 2008
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INFO-TECH

MERGERS & ACQUISITIONS: Unitech offloads 60% stake in telecom biz to Telenor
Sale price: Rs 6,120 cr; Unitech’s licence fee: Rs 1,650 cr. New Delhi, Oct. 29 Telenor of Norway has entered the Indian telecom market. It has signed an agreement to acquire 60 per cent stake in Unitech Ltd’s telecom venture, ...

OUTLOOK: Windfall gains for new players
The Government’s decision to give out fresh telecom licences on first-come, first-served basis has resulted in windfall gains to some Indian promoters of new telecom companies. Unitech, which has sold its 60 per cent stake to Telenor, ...

NEW BUSINESS: HCL Tech bags National Insurance contract
IT players now aggressively scouting for domestic business. Software exporter HCL Technologies Ltd has pipped larger rivals, TCS and Wipro, to clinch a large CIS (core insurance solution) implementation deal from the public sector National ...

PERFORMANCE: Service providers improve collection of payments
Lower debtor days despite clients’ financial woes. Chennai/Mumbai Oct. 29 Collection of receivables from clients by top Indian IT services companies has improved for the quarter ended September 2008 compared to the ...

TELECOMMUNICATIONS: Performance concern drags RCom down 10%
Rupee depreciation could hit company: Merrill Lynch. Mumbai, Oct. 29 The shares of Anil Ambani-controlled Reliance Communications (RCom) continued to be under immense selling pressure on the ...

IT TRAINING: Everonn net doubles
Everonn systems Ltd., the Chennai-based education and training company, has reported more than double the net profit of Rs 6.51 crore for the second quarter ended September 30, 2008 compared with Rs 2.58 crore for the corresponding quarter ...

OUTLOOK: Indian IT majors in Australia continue to remain bullish
Hoping to sustain growth momentum despite global downturn. Recently in Melbourne Unfazed by the global downturn, Indian IT majors such as Infosys Australia and Satyam Australia and New Zealand are optimistic of sustaining the high-growth ...

OUTLOOK: Cisco eyes home segment via Linksys route
In talks with telecom companies, BPO units. New Delhi, Oct.29 In addition to catering to the enterprise communications market, Cisco is now training its eyes on the home segment through its recently christened Consumer Business Group (formally ...

MERGERS & ACQUISITIONS: Elico acquires US-based coding & billing co
Hyderabad, Oct. 29 Elico Ltd has acquired a US-based coding and ...

INTERNET: Council for Leather Exports launches portal, e-magazine
Realisations of exporters likely to improve. New Delhi, Oct. 29 Exporters of leather products will be able to improve their realisations once details of their products and production facilities are available to buyers abroad on the Net, the ...

FINANCIAL PERFORMANCE: Four Soft net surges 250%
Hyderabad, Oct. 29 Four Soft, a provider of software solutions for transport and logistics industry, has posted net sales of Rs 38.31 crore in the second quarter ended September 30, as against Rs 41.84 crore for the same period last year, ...

FINANCIAL PERFORMANCE: Subex net loss widens in Q2
Bangalore, Oct. 29 Subex Ltd, a provider of operations and business support systems for communications services providers, reported a wider net loss for the second quarter, hurt by foreign exchange losses, but maintained its outlook for the ...

INTERNET: Christian Science Monitor to stop print edition, goes digital
Coimbatore, Oct. 29 Christian Science Monitor, an iconic US newspaper that will be celebrating its centenary in just about a month, has decided to stop its daily print edition and go for a daily electronic edition that would ...

NEW PRODUCTS & SERVICES: Artin unveils product to cut ‘phantom power’
Thiruvananthapuram, Oct. 29 Artin Dynamics, a start up based in Technopark here, is launching a product it claims will help users reduce electric power consumed by electronic devices such as ...

SOFTWARE: Satyam, member of AUTOSAR
Satyam Computer Services Ltd announced on Wednesday that it has been accepted as an Associate Member of AUTOSAR (Automotive Open System Architecture), a partnership of automotive original equipment manufacturers, suppliers and tool vendors. ...

From eWorld

SOFTWARE: IT’s wait and watch
What is the outlook for the Indian tech sector in the wake of the global slowdown? Analysts say a slow recovery can likely be seen towards the second half of 2009.. The sub-prime crisis in the US that sparked off the first signs of uncertainty ...

SECURITY: ‘Loads’ of technology
It is a breathtaking view of Chennai port and the Bay of Bengal from the ninth floor of the Chennai Port Trust chairman’s office. But the chairman, K. Suresh, has his eyes on something else — the huge LCD monitor that relays live ...

CONVERGENCE: It’s off my mobile
One of my close friends and colleagues made it a point to button-hole me after reading the last instalment of ‘Come Again’: his contention was that sending e-mails and texting are quite different from actually creating a document in ...

BOOKS: Put your e-mails in three boxes
Here are 60 solid techniques to beat chaos.. Practise triage for all e-mail messages all the time, advises Jeff Davidson in The 60 Second Organizer: Sixty solid techniques for beating chaos at home and at work (
HARDWARE: IT never stops!
The Atom may be overtaken next year by Intel’s own upgrade — and some nifty competition.. The Red Queen in Lewis Carroll’s Through the Looking Glass got it right: “It takes all the running you can do, to keep it the same ...

INTERVIEW: 5 phases of HR evolution in IT
Take up a tech job only if your heart is in it, advises this expert.. Given the current scenario, do not take up a career in the IT (information technology) sector just because you think it is a white-collar job and offers attractive ...

HARDWARE: Indian developers embed the Atom
Intel’s Lilliputian processor for ultra mobile applications has inspired a number of innovative embedded applications.. Intel habitually gives its chip-products-in-the-pipeline weird code names that no one outside the company can ever ...

CYBER QUEST: Quiz
V.V. Ramanan. 2. Name the site made by an Indian, Pratham Kumar, that helps consumers find out the general size of something based on ...

CARTOON: Cartoon
...






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