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Monday, Apr 11, 2005

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Looking Back

April 9

  • Ex-employees of MsourcE held for `bank funds transfer'; Forrester issues warning for industry.

  • MphasiS opens BPO facility in Mangalore.

  • GSM subscriber base up 1.2 m.

  • BSNL mulls cut in ISD tariffs.

  • Cell players' suggestions on rural coverage.

  • Motorola begins work on Hyderabad design centre.

  • Developing countries import outdated computers from the West and dump them after use.

  • Post-VAT, software vendors seek downstream biz.

  • HCL bags Rs 20-cr software development project from BDA.

  • Private equity cos invest over $66 m in IT sector.

  • Intransa plans expansion.

  • Polaris to appeal Rs 18.3 cr I-T notice.

  • SMBs shifting to primary-vendor networking tools.

  • Motorola hopes to pierce low GSM mart with Rs 1,700 mobile.

  • Citing national security concerns and raising canard of monopoly, US senators slam VSNL bid to acquire Tyco International, which controls 80 per cent of trans-Pacific telecom traffic.

  • $1 pay cheque for Google billionaires.

  • GECIS targets $1 b in 2 years.

  • IT, Biotech sectors to create 40m jobs by 2020: BCG survey.

    April 8

  • Samsung to spend more on R&D.

  • Teledata GDR share allotment.

  • CDMA mobile subscriber base dips — Bharti overtakes Reliance as top operator.

  • KVB ties up with FSS for mobile recharge facility at ATMs.

  • BSNL plans to invest Rs 75,000 cr in 3 years.

  • More telecom manufacturing units on the cards: Maran.

  • Motorola to invest $17 m every year in Bangalore R&D centre.

  • Nortel invests $10 m in Sasken.

  • Financial Soft to hive off division.

  • LionBridge to set up centre in Chennai.

  • B-school tag takes techies up the ladder faster.

  • HSBC to ramp up BPO, software ops.

  • Over 2,69,000 booths of BSNL, MTNL close in 2 years.

    April 7

  • Nokia chooses Chennai, plans to invest Rs 650 cr in manufacturing facility; Motorola next?

  • India, Pakistan considering optical fibre cable link.

  • Nokia bullish on Indian mobile market, pegs handsets growth at 25 million a year; has 72% pie of GSM market.

  • Tata Tele (Maharashtra) reaches 1-million subscriber mark.

  • Polaris, IFMR to offer PG programme in financial technology.

  • Aztec Software gets Rs 9.15 cr I-T notice.

  • TCS systems for Dubai financial exchange.

  • `.in' domain registrations top 1 lakh.

  • ICICI OneSource buys Rev IT Systems.

  • Sun Micro extends partnership with Trans E-networks.

  • Sierra partners Grand Central; Pramati, SpikeSource in pact.

  • Vikram Gulati is CEO for Intelligroup.

  • Vineet Nayar is new HCL Tech President.

  • Hutchison Telecom defers IPO to second half.

  • Govt to screen Huawei Tech's turnkey projects.

  • Salary payouts dip 7 pc this year.

    April 6

  • Bharti ties up with BSE for live quotes, plans Rs 4,000-cr capex to be met mostly through internal accruals.

  • R-World earns over Rs 2 cr in 5 days.

  • BHEL,TCS develop software for power stations.

  • Value Labs to expand operations.

  • CyberMedia, Dice in pact for tech job board.

  • eFunds to acquire India Switch.

  • TRAI mulls cut in broadband tariff.

  • 3i Infotech issue price fixed at Rs 100, IPO subscribed 6 times.

  • ESOPs are out, RSUs are in.

  • Thanks to IT image, non-software exports are easier.

  • BSNL to outsource value-added services; MTNL too invites bids for helpdesk.

    April 5

  • Wipro gets I-T demand notice for Rs 261.7 cr.

  • VSNL served notice on ILD calls issue.

  • HMA arm ties up with Triton for ATM re-entry.

  • Russian co not keen on Aircel stake.

  • Infosys scores over India in S&P rating.

  • Megasoft plans Xius R&D centre in Hyderabad.

  • TIBCO Soft to expand Pune centre.

  • Hexaware to pay 50% dividend.

  • Flexcube now on Oracle 10g.

  • Accenture to step up campus recruitment.

    Infocomm sees Rs 233 cr net loss; Low average revenue per user.

    Sterling's deal for Aircel stake sale lapses

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