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INFO-TECH
FINANCIAL PERFORMANCE:
RCom net dips on higher costs
Mumbai, April 30 Reliance Communications has reported a 3.2 per cent dip in consolidated net profit for the fourth quarter ended March 2009, impacted by increased costs and several ...
OUTLOOK:
IT majors tighten their grip on receivables
Cut overdues, improve liquidity to tide over the slowdown. Bangalore, April 30 Indian IT majors have cut overdue and improved liquidity despite the challenging economic environment by tightening their grip ...
TELECOMMUNICATIONS:
Vodafone’s ZooZoos, stars of IPL ad breaks
Merchandise, bags, T-shirts to be available soon. It is not for nothing that Indian advertising is seen as coming into its own. And Vodafone advertising campaigns have been at the forefront of ...
ALLIANCES & JOINT VENTURES:
Bharti in $500-m managed services pact with Alcatel
Joint venture formed for managing Bharti’s fixed line, broadband network. New Delhi, April 30 Bharti Airtel on Thursday said it would form a joint venture with Alcatel-Lucent to manage its fixed-line and ...
FINANCIAL PERFORMANCE:
Firstsource Q4 net surges on FCCB gains
Buoyed by one-time gains associated with its buyback of foreign currency convertible bonds (FCCB), back office firm Firstsource Solutions has reported a 94.4 per cent rise in net profit for the fourth-quarter ended March 2009. Net profit ...
FINANCIAL PERFORMANCE:
Educomp net profit soars 74%
Educomp Solutions has registered a 74 per cent growth in its net profit at Rs 54.5 crore for the quarter ended March 31, 2009 against Rs 31.46 crore for the corresponding period last year. The net sales stood at Rs 183.90 crore against Rs ...
FINANCIAL PERFORMANCE:
Patni Q1 net rises 5%
The country’s sixth largest software exporter Patni Computer Systems has reported a five per cent rise in net profit for the first quarter ended March 2009 as the company was able to pare its mark-to-market foreign exchange losses in ...
FINANCIAL PERFORMANCE:
KPIT Cummins net up 28% at Rs 66 cr
KPIT Cummins Infosystems Ltd, IT consulting and specialist solutions player, has recorded total revenues of Rs 793.1 crore for FY09 against Rs 583.45 crore for FY08, registering a growth of 36 per cent over the previous year. Net profit stood at ...
OUTLOOK:
‘Protectionism will affect meritocracy, firm competitiveness’
Chennai, April 30 Protectionism in global markets could well shave off $50 billion from estimated revenues of $225 billion for the Indian IT industry in the year 2020, according to a Nasscom-McKinsey study released ...
OUTSOURCING:
Ugam Solutions sees big growth in outsourcing
Coimbatore, April 30 Ugam Solutions is looking to ramp up its headcount over the next ...
TELECOMMUNICATIONS:
DoT proposes uniform spectrum charge of 3% for all operators
New Delhi, April 30 The Department of Telecom has proposed to change the existing slab structure for charging spectrum fees and instead impose a uniform rate irrespective of the technology or quantum of radio waves held by an ...
FINANCIAL PERFORMANCE:
MTNL blames higher wage cost, delay in equipment supply for Q4 losses
New Delhi, April 30 Mahanagar Telephone Nigam Ltd has blamed lack of adequate capacity, higher wages and restricted market in Delhi and Mumbai for its lacklustre performance in the fourth ...
SOFTWARE:
‘Software cos must cut costs’
Chennai, April 30 As the US market is going through bad times, to survive these difficult times, small and medium Indian software companies would have to develop lean cost and overcome this challenge by innovation, said Mr Phaneesh Murthy, ...
TELECOMMUNICATIONS:
RCom scales down capex guidance to Rs 10,000 cr
Mumbai, April 30 Reliance Communications (RCom) has revised its capex guidance for fiscal 2010 to Rs 10,000 crore from Rs 15,000 ...
INTERNET:
Google most valuable global brand: BrandZ study
Chennai, April 30 Google is the world’s most valuable brand, with brand value running to $100 billion. Microsoft has been ranked second, with brand value put at $76.2 billion, and Coca-Cola third ($67.6 billion) in the fourth annual ...
NEW BUSINESS:
HCL bags 5-year UTi deal
New Delhi, April 30 HCL Technologies announced on Thursday that it has won a five-year contract from UTi Worldwide ...
POLICY:
Amendment of IT Act: Govt to formulate rules soon
The Government would soon come out with rules and regulations around the provisions of the IT Act Amendment legislation, according to a senior official in ...
IT-ENABLED SERVICES:
CBay Systems opens centre in Coimbatore
Medical transcription services company CBay Systems is in the process of expanding its operations in India (with the opening of a centre in Coimbatore) and strengthening its position in ...
FINANCIAL PERFORMANCE:
Can’t see the top
The latest quarter earnings of tech players spell little cheer. The clouds still hover.. Uncertainty will continue to haunt the Indian IT sector for the year ahead even as companies desperately await clarity on downturn-hit customers’ ...
TECHNOLOGY:
With thee by my side...
How often do you sleep with your mobile phone by your side? Do you keep it under ...
RAILWAYS:
In defence of the computer
Whatever be the political postures, technology has brought in many benefits. Witness the change in the rail ticket reservation process.. Mulayam Singh Yadav’s assertion that his party won’t allow computerisation is an old ghost ...
INTERVIEW:
‘Rate per hour metric doesn’t help’
Precisely why Infosys is trying to move deal consultants and clients to industry specific measurements and metrics, says the CEO.. What is your hobby, you ask, hoping you can catch your first-ever round of golf with him sometime, but all he says ...
INTERVIEW:
SME market is the place to be…
…for ERP vendors, avers Ramco Systems.. A simple study of the timeline of ‘Ramco Systems’ on Google News shows sudden activity in 1989, followed by years of lull, and then a gradual build-up from 1994 to 2003. However, the only ...
E-COMMERCE & E-BUSINESS:
Sold on the Web
This youngster is keen to tap the Net for business.. For a student of class X, young Vishnu Prasad’s understanding of the Internet is amazing. Listen to him for five minutes and you realise that the lad aims to emerge a business tycoon ...
SOFTWARE:
Towards ‘citizen relationship management’
Talisma says its solution will help citizens track the progress of complaints submitted to authorities.. Consider this: Your name is misprinted in your ration card. Or better still, there is an addition to your family — could be a ...
ENTERTAINMENT & LEISURE:
Another Indian game for Western players
Los Angeles-based PCB Productions zooms in on India.. Sony PlayStation’s first made-for-India game based on a mythological theme — Hanuman: Boy Warrior — for a global audience has caught the fancy of International game ...
WEBSITE REVIEW:
Positive step against AIDS
There was a time when we associated the word AIDS with the economically deprived or those with less access to education. Today we know AIDS is on the rise among white collar workers. At a time when corporate India is gearing to meet what ...
CYBER QUEST:
Quiz
V.V. Ramanan. 1. Peter Sunde, Gottfrid Svartholm Warg, Fredrik Neij, and Carl Lundström, who were in the news recently, have been the brains behind which site that has run ...
BOOKS:
Growing a bank through the punched card era
How SBI adapted to change with the use of technology.. When a large organisation has an expansion programme, there is an opportunity to introduce rationalisation without tears. That was the view of John Matthai, the first chairman of the State ...
NEW PRODUCTS & SERVICES:
More for e-governance
FTK Technologies, the Israel-based company that offers vernacular computing in 10 Indian languages through its patented flagship software product LooKeys, has launched its special version for e-Governance applications. LooKeys-E-Gov ...
NEW PRODUCTS & SERVICES:
For the SMB
Xerox India has announced the launch of Phaser 3435 laser printer, designed specifically for the SMB segment of customers. The printer supports automatic two-sided printing and printing speed of 33 pages per minute for A4 size prints, says ...
CARTOON:
Cartoon
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