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Info-Tech
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Events
Looking back
May 1
Moser Baer net up 36 pc.
Google plans $ 2.7b IPO, may not favour institutions.
China IT park in talks with 3 Indian cos.
Subex net up 78 pc, to beef up products portfolio; to go for $ 15m FCCB.
Pricing pressure will be there: SAP.
Shell gives IT to India as Wipro, IBM bag $ 1b deal.
CBDT blows whistle on tax fears of BPOs; Jt Secy says won't digress from OECD model.
Sasken revenues rise 52 pc; nets Rs 18.3 cr.
April 30
TRAI proposes lower duties for broadband push.
Bharti cell licences move into unified access service.
Reliance Info no longer needs parent's funds: Anil Ambani. Parent takes Rs 265 cr hit due to Infocomm loss.
Oracle HR suite to have India-specific features.
iGate to borrow $ 9m this fiscal to fund expansion.
Alcatel wins ITI order for BSNL network.
Polaris, plenum in pact to service German clients.
LogicaCMG to invest $ 25m more.
3 pvt equity cos keen on News Corp stake in HSS; Thomas Weisel Partners' affiliate Tailwind, Temasek and General Atlantic partners.
New US Bill may ease H1-B cap; restriction would not apply to students pursuing higher studies in US.
BSNL kicks off valuation of telecom assets.
Hexaware close to Unisys deal for dedicated development centre.
April 29
Unisys Corp to set up $ 180-m India centre.
Reliance Info ties up with Baazee.com.
Patni posts 36 pc rise in Q1 net.
Nokia to set up CDMA research unit in Mumbai.
KPIT Info Q4 net doubles.
Infotech revenue up 16 pc, net dips.
Virtusa raises $ 20m in fourth round of funding.
Techies on short stints may have to pay tax abroad.
Nortel fires top three executies as regulators probe accounting issues.
Covansys to hire 800 more in 6 months; Fidelity International buys 29 pc stake in co.
April 28
Infosys to pay freshers better.
Geometric to pay 1:1 bonus.
CMC revenues up 24 pc.
GE chooses Polaris as preferred vendor.
Shell to move 3000 jobs out of UK to India, Malaysia and China.
HSBC to double headcount at Pune centre to 1000.
Wipro's 01 Markets being carved into two.
HP on the prowl for BPO buy-outs.
April 27
Alcatel, TCL in JV for handsets.
HCL Tech Q3 net up 58 pc; to pay 100 pc interim.
Zensar in share services pact with PeopleSoft; to expand BPO team by 300.
Nucleus joins bonus bandwagon; net up 15.7 pc despite lower sales.
TVSE net up 10 pc in Q4.
Indian BPO cos get 'A' rating from US tax chief.
UT Group to set up 4500-seat BPO facility.
April 26
Bharti, VSNL in Rs 500 cr pact to share STD network.
TCS to open an auto centre of excellence in Detroit.
eForce to double staff strength.
ESC planning India-Korea ICT meet.
Outsourcing job loss in US less than expected.
Country's handset sales reach 1.6 m in March.
Americorp picks up 10 pc stake in Mascon Global.
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