The Hindu Business Line : Tuesday, January 17, 2006

TRAI issues paper on tariff plans with lifetime validity
It seeks views of stakeholders on the nature of the penalty on operators should they renege on the contract of lifetime offer. More

FINANCIAL PERFORMANCE

Sonata Soft Q3 net rises 68 pc
SONATA Software Ltd has reported a 68-per cent growth in net profits at Rs 7.1 crore for the quarter ended December 2005, as against Rs 4.2 crore in the corresponding quarter last year. Revenues for the December quarter grew by 63 per cent to ... More

HARDWARE

Destination Siliguri
Computers are piled up for transportation to Siliguri from Kolkata at Esplanade bus bay on Monday.

IT TRAINING

Harbinger Group chalks out expansion plans
WITH 20 customers spanning globally and a new product, Raptivity, the Pune-based Harbinger Group has chalked out its expansion and investment plan for 2006. Mr Vikas Joshi, Chairman and Managing Director, told presspersons that the company is ... More

HUMAN RESOURCES

Patni Computer plans campus in Hyderabad
PATNI Computer Systems Ltd has announced plans to set up a campus in Hyderabad that would see total investment of about Rs 500 crore and possible induction of about 10,000 people over the next few years. Speaking to Business Line, Mr ... More

Aztec to invest Rs 50 cr more in Hyderabad
AZTEC Software Ltd has announced plans to invest Rs 50 crore in Hyderabad operations, grow to about 250 people this year and possibly to a 1,500-people facility within next three-four years. The Hyderabad product development centre was ... More

MERGERS & ACQUISITIONS

Hutchison Essar completes BPL Mobile Cellular buy
HUTCHISON Essar Ltd on Monday announcedthat it has completed the acquisition of BPL Mobile Cellular Ltd, the holder of cellular mobile telephony licences for Maharashtra, Tamil Nadu and Kerala. Last year, Hutchison Essar had entered into ... More

INTERVIEW

TCS sees shift towards health, life insurance — `There is more money being invested in IT than in any other branch of technology'
TATA Consultancy Services (TCS) reported a 5.57 per cent year-on-year increase in net profit for the third quarter of the current fiscal on a revenue growth of over 28 per cent. Soon after the announcement of the results Mr S. Ramadorai, CEO and ... More

CONVERGENCE

Cellnext develops portal for interactive TV — Ties up with mobile,cable operators
THE Escorts-promoted mobile value-added services solutions provider, Cellnext, has tied up with a leading cellular operator and cable operators to offer a real time interactive TV channel. The service will enable users to play games and chat ... More

EVENTS

Looking Back

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