The Hindu Business Line : Saturday, March 26, 2005

Fortune board to consider ESOPs
HYDERABAD: Fortune Informatics Ltd has informed the Bombay Stock Exchange that a meeting of the board of directors has been convened on March 31, inter alia, to consider issue of employee stock options (ESOPs), shares/warrants to the ... More

STORAGE

StorageTek to invest $10 m in India arm
STORAGETEK, the US-based storage solutions company, on Thursday announced the setting up of an Indian subsidiary with plans to invest $10 million over the next three years. As part of the India plans, StorageTek will strengthen India sales and ... More

TELECOMMUNICATIONS

Centre to absorb Group A officers of BSNL, MTNL
THE Centre on Friday said that it has decided to absorb senior officers (in Group A Service) in Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) with effect from October 1, 2000 at their option. After the ... More

For Lucent, India is outstanding
TELECOM gear maker Lucent Technologies is keen to leverage the Indian technology skill sets even as it evaluates building newer products. The company has more than doubled its headcount in India to about 1,300 over the last one year as it ... More

Idea Cellular offer
HYDERABAD: Idea Cellular Ltd, the private cellular services provider, has announced the introduction of three prepaid recharge packages that offer cheaper local, STD and ISD calls. These prepaid recharge coupons are targeted at specific ... More

SOFTWARE

IT firms vie to offer VAT software
WITH the State Governments and their respective commercial taxes departments taking to VAT-related technology infrastructure, it is now the turn of IT service providers to target companies and traders with customised software packages. Not just ... More

Continuous Computing plans $3-m expansion — Eyes triple-play market
CONTINUOUS Computing Corporation, a convergence network solutions provider, is eyeing the "triple play" era and is on expansion mode. The Managing Director of Continuous Computing, Mr Pradeep Malhotra, said the company planned to invest over ... More

Bristlecone bullish
BRISTLECONE India is optimistic about its business prospects and growth for 2005-06 fiscal. "We have a positive order book and are building our competencies around consulting, outsourcing and product development," Mr Padman Ramankutty, Chief ... More

CM urges speedy land allotment to software cos in Vizag
THE Chief Minister, Dr Y.S. Rajasekhara Reddy, has expressed dissatisfaction over the delay in completing the process of allotment of land to companies such as TCS, Satyam Computers and Wipro in Visakhapatnam. He has directed officials ... More