The Hindu Business Line : Friday, July 29, 2005

Bridging digital divide — Now, pedal power to run your computers
PEDAL power may soon bring computers to life in electricity-starved villages in India. HCL Infosystems has designed the prototype of an external gadget that can be charged through pedalling and connects to a personal computer to run it under the ... More

OUTSOURCING

It's business as usual for Gurgaon BPO firms
THE strike called by Left parties in protest against the police lathicharge in Gurgaon last Monday on workers of Honda Motorcycle and Scooter India had a marginal impact on the business on BPO companies in this town near the Capital. Despite ... More

TELECOMMUNICATIONS

Finally... surrender!
Unable to withstand the pressure of not being part of the `mobile' loop, one finally gave in... More

Govt on course to reducing bandwidth prices: Maran
THE Communications and IT Minister, Mr Dayanidhi Maran, today said that the Government was formulating a policy to clear the way for reduction of domestic and international bandwidth prices. The Minister also urged the Tata-controlled Videsh ... More

Bharti to sign group cover deal with LIC
IN one of the biggest company paid employee insurance deals, telecom major Bharti Tele-Ventures will sign a contract with Life Insurance Corporation to buy group life insurance policy for a total sum assured of more than Rs 930 crore. The ... More

Indian firms set to dominate global bandwidth business
THE balance of power in the ownership of global undersea cable networks is decidedly shifting towards India. With over six major undersea cable network now owned by Indian telecom players, VSNL, Reliance Infocomm, Bharti Tele-Ventures and BSNL ... More

Idea launches 4 post-paid plans in AP
HYDERABAD: Idea Cellular has announced the introduction of four attractive "Advance Rental" plans for the post-paid customers of Andhra Pradesh. Under these plans, customers pay very low effective rentals without losing the benefits of ... More

FINANCIAL PERFORMANCE

Subex net doubles
SUBEX Systems Ltd, the Bangalore-based telecom software company, reported a 110 per cent rise in revenues to Rs 41.21 crore, compared with Rs 22.63 crore in the previous year period. Net profit was Rs 8.56 crore (Rs 4.07 crore). The company ... More

FCI OEN net up at Rs 4.14 cr
FCI OEN Connectors Ltd, makers of electronic connectors for telecom, automotive and other sectors, on Thursday said its net profit for the second quarter has more than doubled to Rs 4.14 crore from Rs 1.97 crore in the same period last year. ... More

Zen Tech Q1 net up
HYDERABAD: Zen Technologies Ltd has recorded sales of Rs 4.21 crore and a net profit of Rs 1.49 crore for the first quarter ended June 30, 2005 as against net sales of Rs 3.82 crore and a net profit of Rs 1.12 crore for the corresponding ... More

Cognizant Tech net jumps 51%
COGNIZANT Technology Solutions Corporation has recorded a 51 per cent increase in net profit and a 53 per cent increase in revenues for the quarter ended June 30, 2005 over the previous corresponding quarter. The company had a net profit of $36 ... More

Tamilnadu Telecomm net sales increase
CHENNAI: Tamilnadu Telecommunications Ltd has reported a net profit of Rs 37.16 lakh on net sales of Rs 8.74 crore for the quarter ended June 30, 2005. During the corresponding period in the previous year the company reported a net loss ... More

HARDWARE

Acer notebooks witness 10-fold growth over 3 years
ACER Computers said on Thursday that its share has nearly doubled in the domestic notebook market, which has seen a 10-fold growth over three years. Acer India's General Manager for Consumer Product Group, Mr S. Rajendran, citing IDC ... More

SOFTWARE

HCL Tech moving towards value-based pricing
HCL Technologies is gradually moving towards value-based pricing. Explaining this at his first press conference after he took over as president at the company, Mr Vineet Nayar, said, "For long, the Indian IT software industry has priced its ... More

Amadasoft hopeful of 30 pc growth
AMADASOFT India, the software arm of Japan-based Amada Group of companies, is looking to grow about 30 per cent this year. It recorded revenues of about Rs 7 crore last year. It is also expanding its Chennai operations. It is moving into a new ... More

REGULATORY BODIES & RULINGS

`Single regulator needed for IT, telecom'
"We need to have a single regulator to address all these issues such as Ofcom in the UK, which handles five broad areas under its framework." More

SECURITY

`Data security vital for BPO growth'
DATA security is crucial to further the growth of business process outsourcing (BPO) in the country and, if India were to maintain the lead, appropriate cyber laws should be framed and implemented, said students of Gitam College of Management and ... More

VENTURE CAPITAL

Silicon Valley VCs show interest in new projects
VENTURE capital funds from the Silicon Valley, US, which are keen to zero in on innovative projects in India, have lined up at the Indian School of Business here to assess the potential of technology projects proposed by local ... More

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