The Hindu Business Line : Saturday, January 08, 2005

Pervasive Soft opens R&D centre in Bangalore
TO enhance its global product development capacity, the US-based Pervasive Software Inc on Friday launched its operations in Bangalore. This move would enable the company to diversify its global capabilities both on the R&D and marketing fronts . More

PREFERENTIAL ALLOTMENTS

Ramco equity allotment

OVERSEAS BORROWINGS

Satyam shareholders okay sponsored ADS issue
SATYAM Computer Services has announced that its shareholders have approved the proposal of a sponsored American depository shares (ADS) issue, which will increase the total float to 20 per cent of the equity overseas from 10.5 per cent ... More

ESOPS

Wipro board okays ESOP

OUTSOURCING

`BPO sector must have strong domain expertise'
THE automotive and pharmaceutical industries will be taken as representatives to identify emerging outsourcing segments by the CII Western Region Task Force on Outsourcing. A CII-AT Kearney white paper on outsourcing, released on Thursday, has ... More

TELECOMMUNICATIONS

Mobile subscriber base up 1.9 m in Dec
MOBILE subscriber base went up by 1.9 million to cross 47 million in December. While the global system for mobile (GSM) based operators have added 1.4 million new subscribers, the code division multiple access (CDMA) based mobile operators have ... More

BSNL sees Rs 1,254-cr loss from ADC cut
BHARAT Sanchar Nigam Ltd, on Friday, said that it would have to review its rural telephone project in the light of the new Access Deficit Charge regime. The state-owned company said that the new regime announced by the Telecom Regulatory ... More

INSIGHT

Tax implications of software sale
Are pieces of software `goods' that can attract sales and other taxes? The Supreme Court held that software may be intellectual property but as the property contained in a medium is bought and sold, it is an article of value. H. P. Ranina disc usses the Supreme Court verdict that can have ramifications beyond the ambit of the sales tax law, and may be applicable under other statutes in different circumstances. More

ENVIRONMENT

Jadavpur varsity working on e-waste system
THE Centre for Quality Management System of Jadavpur University here is working on the development of an effective e-waste management system that will minimise the hazardous impact of inappropriate disposal of e-waste. With a view to gathering ... More

POLICY

Expert panel set up to review IT Act
THE Government on Friday announced the formation of an expert committee for an in-depth review of all issues relating to Information Technology Act, 2000 and to consider suitable legislation for data protection (privacy) in the Act. The move to ... More

HARDWARE

Kenati launches flagship product, files for patent
TARGETING the semi-conductor industry, device manufacturers and value-added resellers worldwide, Kenati Technologies Private Ltd., provider of embedded Linux network platforms, has launched its flagship product `Network Persona Platform suite.' ... More

SOFTWARE

Fortune bags Iceland order

Surana Tele stock split

HUMAN RESOURCES

IBS Soft to recruit 1,000 more in 3 years
IBS Software Services, a player in the travel, transportation and logistics (TTL) sector, proposes to recruit over 1,000 software engineers with various experience levels in the next three years. This will help ramp up operations to actualise ... More

NEW PROJECTS

Cognizant expanding Chennai presence
After occupying its fully-owned techno-complex in Thoraipakkam spread over 4 lakh sq. ft. a few months ago, Cognizant has now taken an additional leased facility of over 2.70 lakh sq. ft. at Navalur on the Old Mahabalipuram Road, which is the ... More

E-COMMERCE & E-BUSINESS

Baazee CEO bullish on e-com prospects
VIRTUALLY undeterred by the recent MMS controversy, Baazee.com CEO Mr Avnish Bajaj has said the company continues to be bullish on potential of e-commerce and Internet market in India. "My view is that India has an extremely bright future in ... More

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