OUTSOURCING
Capgemini opens Bangalore centre
CAPGEMINI, the French consulting technology and outsourcing services company, opened its 600-person Bangalore centre and said customer demand had had led to the facility in the city. The company, which expects to have 2,000 people at its ... More

AWARDS & HONOURS
Award for Reliance Info
MANGALORE: Reliance Infocomm has won the `3G CDMA Industry Achievement Award for International Leadership'. A Reliance Infocomm press release said here on Tuesday that the award — instituted by the CDMA Development Group (CDG) ... More

TELECOMMUNICATIONS
Tata Indicom launches `Walky'
BUOYED by the success of its fixed wireless phone service, which has grown 300 per cent in subscriber base since January of last year, Tata Indicom has repositioned this service by launching it anew under the name of ... More

Bharti wants ISPs to pay access charges
TELECOM major Bharti Tele-Ventures has complained to the Government that the low international long-distance (ILD) tariff being offered by Internet service providers (ISPs) was discriminatory as it was destroying the business of ILD licence ... More

Reliance, Tata Tele offer bus route info
CDMA players Reliance Infocomm and Tata Teleservices have tied up with Mumbai metropolis' suburban bus service to offer details of bus routes to their clients. Details of Brihan-Mumbai Electricity Supply and Transport Undertaking (BEST) will be ... More

AirTel makes a call in J&K
AIRTEL on Wednesday became the first private operator to launch cellular services in the trouble-torn Jammu and Kashmir. The company has earmarked an investment of Rs 125 crore during the current fiscal to cover 100 towns across the State. ... More

FINANCIAL PERFORMANCE
Satyam beats own guidance on revenue; Q2 net up 28%
BEATING its own guidance of Rs 810 crore of software revenues for the second quarter of current fiscal ended September 30, Satyam Computer Services Ltd has announced revenues of Rs 848.1 crore, which is 9.93 per cent up sequentially. It is up ... More

HCL Info net rises 33.4 pc
HCL Infosystems Ltd has posted a 33.4 per cent rise in its consolidated net profit for the quarter ended September, 2004 at Rs 43.16 crore against Rs 32.35 crore in the corresponding period of the previous year. During the period, its ... More

Polaris Q2 net up at Rs 24 cr
POLARIS Software Lab Ltd has reported increased net profit of Rs 24.45 crore on revenues of Rs 201.89 crore for the quarter-ended September 30, 2004. This is against a net profit of Rs 22.04 crore on revenues of Rs 157.41 crore for the ... More

Infotech Q2 net rises 156 pc
INFOTECH Enterprises Ltd , a software services provider, has recorded a 50 per cent growth in operating revenues, 67 per cent in operating profit and 156 per cent in net profit for the second quarter of current fiscal ended September 30 over the ... More

Visualsoft Q2 net down 31%
DESPITE having recorded a growth of 25.34 per cent in total income for the second quarter ended September 30, Visualsoft Technologies Ltd has suffered a fall of 31.46 per cent in its net profit compared to the corresponding quarter of the ... More

SOFTWARE
Wipro centre for Mercury tools
BANGALORE: Wipro's software testing division opened Mercury Centre of Excellence at its Electronic City campus in Bangalore on Tuesday. The centre will help Wipro gain from the testing tools provided by Mercury for building proof of ... More

ICICI Bank to deploy new software
MUMBAI: ICICI Bank has signed a deal with SunTec Business Solutions Private Ltd to deploy the Transaction Business Management System - Finance (TBMS-F) software. This software is designed for the corporate banking division of the ... More

IT TRAINING
Unauthorised SAP centre raided
THE crime branch of the Bangalore Police raided NeoLogik, an unauthorised SAP Training Centre that offered training using unlicensed SAP software. According to a company release, the raid is the second in a span of two months and is a part of ... More

MERGERS & ACQUISITIONS
UTStarcom, CTC pick up stake in Infinera
INFINERA, a provider of digital optical networking systems based on photonic integrated circuit technology, said on Wednesday that it raised $52 million in fresh round of funding. The company plans to use the funds to support deployments with ... More

SECURITY
Network Security launches products
THE Pune-based Network Security Solution (NSS) has launched new products. These include IP Rock, email monitoring system and products tapping the SMS segment. Mr Rajendra Dave, Chief Operating Officer, NSS, told Business Line that ... More

BROADBAND

IT-ENABLED SERVICES
Unisys moves into services space
TAKING a cue from IBM and HP, US-based Unisys is also setting up its offshore IT services centre in India.Unisys Global Services, India, a division of Unisys India Pvt Ltd, will start operations in Bangalore and scale up from there. The ... More

ICICI OneSource opens facility in Mumbai
MUMBAI: ICICI OneSource has announced the inauguration of its new facility - the ICICI OneSource-Lloyds TSB - in Mumbai on Wednesday by the Chairman of Lloyds TSB, Mr Maarten van den Bergh. Lloyds TSB (a UK-based financial ... More