The Hindu Business Line : Friday, January 20, 2006

HCL Tech bags Rs 1,500-cr deal from European co — To provide total outsourcing services to DSG
IN what is being billed as the biggest contract won by an Indian IT company, HCL Technologies has bagged a Rs 1,500-crore ($333 million) five-year co-sourcing deal to provide total outsourcing services to Europe's leading electrical retailer, DSG ... More

`Blue ocean' strategy helps HCL Tech bag DSG deal
HCL Technologies, which bagged the Rs 1,500-crore contract from DSG International, had worked out a three-pronged strategy in July 2005 to procure big-ticket deals in the international market. "We conceptualised what we call the `Blue ocean' ... More

TELECOMMUNICATIONS

BPL Mobile's new offer
COIMBATORE: BPL Mobile is offering a `feature packed' Sagem handset with a pre-paid or post-paid connection at Rs 1,399. The handset, made in France, will have colour wall paper display, animated screen saver, polyphonic and vocal ring ... More

BSNL video conferencing services by month-end
YOU WILL now be able to see the person you are talking to on the telephone. State-owned Bharat Sanchar Nigam Ltd is launching video conferencing services by the month-end, which will enable its subscribers to hear and see each other from the ... More

FINANCIAL PERFORMANCE

Infotech Enterprises posts higher Q3 net
HYDERABAD: Infotech Enterprises Ltd has recorded operating revenues of Rs 94.09 crore and net profit of Rs 11.82 crore for the third quarter ended December 31, 2005 against operating revenues of Rs 65.61 crore and net profit of Rs 5.94 ... More

NIIT Ltd net rises 14 pc
NEW DELHI: NIIT Ltd has posted a 14-per cent rise in net profit for the quarter ended December 2005 at Rs 5.5 crore from Rs 4.8 crore in the corresponding period last year. For Q3, its consolidated net revenues stood at Rs 105.2 crore, ... More

Allsec Tech nets Rs 5.54 cr profit
CHENNAI: Allsec Technologies has recorded a net profit growth of 90 per cent to Rs 5.54 crore for the quarter ended December, 2005, over Rs 2.92 crore in the same time the previous year. Revenues grew about 74 per cent, up to Rs 24.15 ... More

Northgate Tech net trebles
HYDERABAD: Northgate Technologies Ltd has recorded total income of Rs 20.92 crore and a net profit of Rs 6.57 crore for the third quarter ended December 31, 2005 as against total income of Rs 15.03 crore and a net profit of Rs 2.02 crore ... More

SOFTWARE

MS help line service
BANGALORE: The next time your computer hangs on Microsoft Windows operating system, before reaching out to reboot, give a ring to 1600 111100, MS's toll free number for all customers and partners in India. The service went live on ... More

H-P data recovery tool
BANGALORE: Hewlett-Packard has announced the availability of HP StorageWorks Data Protector Express Software, a secure data back-up and recovery solution for small and medium businesses. Data Protector Express works on three operating ... More

SumTotal `tops in LMS'
HYDERABAD: SumTotal Systems has been reported to be the market leader in Learning Management System (LMS) by learning research firm Bersin & Associate. According to a statement, SumTotal accounts for 20 per cent of the share of LMS ... More

HUMAN RESOURCES

Advance degree H-1B visas for 2006 exhausted
IT professionals planning to apply for H-1B visa in coming months are likely to be in for disappointment. The advance degree H-1B visas have reached the stipulated 20,000 cap for the fiscal year 2006. According to the update from the US ... More

MERGERS & ACQUISITIONS

Genpact scouting for a couple of buys
GENPACT, the new avatar of what was formerly GE Capital International Services, intends to make two acquisitions this year. The company was eyeing significant revenue growth this year, said Mr Pramod Bhasin, President & CEO. It would also ... More

Mercury to buy Systinet
MERCURY Interactive Corporation, the global leader in business technology optimisation (BTO) software, has announced that it has signed an agreement to acquire Systinet Corporation, a privately held company, for $105.0 million in cash. The ... More

ALLIANCES & JOINT VENTURES

Infosys partners Wavecom
INFOSYS Technologies has signed a partnership agreement with Paris-based embedded communications company Wavecom SA to address the growing machine-to-machine (M2M) wireless connectivity market. M2M wireless connectivity uses cellular networks ... More

KPIT Cummins plans German venture
THE Board of Directors of KPIT Cummins Infosystems Ltd, which met here today has approved setting up of a joint venture in Germany. The joint venture is to help the company to enter into the German market in a big way, Mr Ravi Pandit, Chairman ... More

SECURITY

Warning on new worm
COIMBATORE: REAL time anti-virus and content security solution developer - MicroWorld - has cautioned Internet users about the spread of a new worm - `Win32.vb.bi' - through obscene mails. While MicroWorld's security ... More

VENTURE CAPITAL

Intel Capital to invest in HelloSoft equity
HELLOSOFT Inc, a provider of software for convergence applications, today announced Intel Capital would make an equity investment in the company towards the Series B funding announced earlier. The Chief Executive Officer of HelloSoft, Mr ... More

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