The Hindu Business Line : Saturday, July 30, 2005

US Sierra headquarters
HYDERABAD: SIERRA Atlantic on Thursday announced that it would establish a new Silicon Valley corporate headquarters while expanding its field office at Boston. The headquarters in Fremont, California and Boston, Massachusetts are ... More

TELECOMMUNICATIONS

The `mobile' obsession
It's more than just a craze... How else would you explain somebody changing 25 mobile handsets in three years? More

Anil Ambani is Chairman of FLAG Telecom
MR ANIL AMBANI has been appointed Chairman of FLAG Telecom, the international communications network company, now owned by Reliance Infocomm. The other board members are Mr Patrick Gallagher, EO, FLAG Telecom (Vice-Chairman), Mr B.D. Khurana, ... More

FINANCIAL PERFORMANCE

i-flex net slumps to Rs 7.9 cr
A REDUCED licence fee revenue composition and increased infrastructure and staff strength have led to a drastic attenuation of net profit for i-flex Solutions Ltd for the quarter ended June 30, 2005. The company has reported a net profit of Rs ... More

Megasoft back in black
MEGASOFT Group, the Chennai-based technology firm, has reported a net profit of Rs 4.63 crore on revenues of Rs 26.61 crore for the quarter ended June 30, 2005, against a loss of Rs 12.28 crore on revenues of Rs 19.34 crore for the corresponding ... More

NIIT net profit rises 21% in Q1
FUELLED by an improvement in business volumes and operating efficiencies across all segments, NIIT Ltd has reported a 21 per cent rise in its consolidated net profit for the first quarter ended June 30 at Rs 13.1 crore, against Rs 10.9 crore in ... More

VSNL Q1 net stagnant on higher expenditure
HIGHER operating expenses, salary costs, and tax provisioning nullified the 15 per cent revenue growth at VSNL, leading to flat growth in the company's net profit for the first quarter ended June 30. Net profit was reported at Rs 127 crore (Rs ... More

SOFTWARE

Cognizant to scale up Mumbai operations
COGNIZANT Technology Solutions is expanding its Mumbai operations. It is in the process of acquiring additional space to total 75,000 sq ft with a capacity to house 750 people. It currently has about 50 people, predominantly working on its ... More

PEOPLE

Scicom US operations head
NEW DELHI: Scicom Infotech has announced the appointment of Mr Neeraj Nityanand as President of the company's US operations and global head of sales and marketing. In his new role, Mr Nityanand would be responsible for the creation of a ... More

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