The Hindu Business Line : Saturday, May 11, 2002

Mascot Systems net up 21 pc -- Declares 40 pc dividend
SOFTWARE services firm Mascot Systems Ltd reported a net profit of Rs 45.3 crore for financial year 2001-02, up 21 per cent from Rs 37.5 crore last year. The company reported revenue of Rs 407.4 crore in fiscal 2001-02, up 20.8 per cent from ... More

Infy eyeing S-E Asia, Latam markets
INFOSYS Technologies' banking business unit sees the South East Asian and Latin American markets as its next triggers for growth. The company plans to market its products in these two geographies this year even while consolidating its position ... More

Vismaya bags orders from blue-chip cos
BANGALORE: Vismaya Technologies has bagged orders for its 360 degree integrated CRM suite, SpelBind, from US software services and contact centre companies such as Rochester-based Sutherland Technologies and Texas-based iSeva for their ... More

GE Cap making rapid strides on export front
INFOSYS Technologies Ltd, one of the country's biggest IT services firm, and GE Capital Internatonal Services, the global multinational major, are charting out an interesting path in terms of software exports. If the present trend continues, ... More

Global IT solutions for clients
MUMBAI: Cap Gemini Ernst and Young (CGE&Y), the management and IT consulting major, has announced plans to leverage India to provide global IT solutions to clients in the US, UK and Europe using the remote delivery model. According to ... More

OrbiTech, Sun Micro join hands
CHENNAI: Sun Microsystems has named the city-based OrbiTech Solutions Ltd, as partner for implementing e-business solutions. Sun Micro would provide the technology infrastructure, while OrbiTech would provide software applications. ... More

IT TRAINING

NIIT to offer courses for ITES segment
EYEING the burgeoning job market in the IT-enabled services (ITES) business, NIIT on Friday launched a new initiative to offer courses in the ITES under the `Planetworkz' brand. The first offering of Planetworkz is a certificate course in ... More

MERGERS & ACQUISITIONS

OrbiTech, Polaris in talks for possible sell-off
THE city-based $78 million OrbiTech Solutions Ltd is in talks with Polaris Software Lab, among other companies, for a possible divestment of Citigroup's 100 per cent equity. ``There is no smoke without fire,'' Mr Ashish Sinha, Senior Vice- ... More

E-GOVERNANCE

AP: eSeva to cover 56 more towns
BUOYED by the success of the eSeva project, the integrated citizen-centric solutions centres, the Andhra Pradesh Government is looking at increasing the reach of the project to 56 more towns by next quarter-end. The State Secretary for ... More

OUTLOOK

FTIL sees growth via marketing tie-ups
Over the next three-five years, FTIL expects its foray into four new geographies — UK, US, Singapore and Australia — to help it achieve a 30:70 balance between domestic and export revenues. More

NEW PRODUCTS & SERVICES

IIM-Kozhikode unveils eMEP
THE Indian Institute of Management (IIM)-Kozhikode has launched an interactive management education programme, the `Executive Management Education Program (eMEP)' which will be delivered via the satellite-based DirecWay Global Education platform ... More

MS product for Unix customers
HYDERABAD: Microsoft Corporation has announced the global launch of version 3.0 of its services for UNIX for manufacturing. The new version was co-developed by Microsoft India Development Centre (MIDC) team at Hyderabad and ... More

Escotel voice service in Kerala
KOCHI: The Escotel Mobile Communications Ltd (Escotel) announced on Friday that it would be launching voice-messaging service for the first time in Kerala and that would become operational in a fortnight. Escotel would be provided ... More

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US-64

Looking back
Apr. 28-May. 4
DoT, FIs may oppose Batata-BPL merger

Lisle plans stake in 2 software cos -- `Partner network is win-win model'

Satyam to recruit more, foray into BPO

`Software, services exports up 29 pc'

The ebb-flow match continues for IT cos