Financial Daily from THE HINDU group of publications
Thursday, January 26, 2006
Markets (Feb 01)
BSE Sensex9859.26 (-60.63)
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TELECOMMUNICATIONS


Nokia to run 9 Hutchison Essar circles
The Swedish company will provide network planning, project management, configuration and optimisation, network operations and maintenance and the administration of third party vendor contract management, among others. More

Madras HC clears BPL Cellular's capital reduction programme
The proposal, which has already been approved by the board of directors, envisages, inter alia to reduce the paid-up value of each share from Rs 100 to Rs 85. More

Now job info in your hands, courtesy Hutch
DETAILS of select jobs will now be on your mobile, thanks to a job search that Hutchison Telecom East has started offering. Hutch on Wednesday launched the service in association with 2COMS Consulting, a recruitment company based in Kolkata ... More

FINANCIAL PERFORMANCE


Kale posts 31 pc rise in revenues
KALE Consultants Ltd (Kale), a software solutions and outsourcing services provider to the travel & transportation industry, has recorded a 31 per cent rise in revenues of Rs 16.38 crore for the quarter ended December 31, 2005, against Rs 12.46 . More

MRO Tek posts Rs 4.6-cr net
MRO Tek, a network access products company on Wednesday announced an interim dividend of Rs 1.25 (25 per cent) per share of Rs 5. The decision, taken by the board of directors at a meeting, comes in the wake of the company's improved financial ... More

Teledata Info net rises to Rs 39 cr
TELEDATA Informatics Ltd, Chennai-based software company, has reported a net profit of Rs 38.96 crore on revenues of Rs 222.21 crore for the quarter ended December 31, 2005 compared with a net profit of Rs 20.34 crore on revenues of Rs 82.25 ... More

IT TRAINING


NIIT Tech Thai gets certification
NEW DELHI: NIIT Technologies Thailand has received the BS15000 service management standards compliance certification. With this, the company claimed it has become the first organisation in ASEAN to be assessed as per global IT Service ... More

HUMAN RESOURCES


`HR outsourcing market still at nascent stage'
THE $59-billion human resource outsourcing market (HRO) is still at a nascent stage, according to Mr Ranjan Sinha, Chairman and CEO, Summit HR Worldwide. Summit HR, which has on its rolls clients such as Cisco, Sun Microsystems, Visa and ... More

MERGERS & ACQUISITIONS


SiRF acquires ImpulseSoft for Rs 67.5 cr — Launches product combining GPS and Bluetooth tech
SIRF Technology Holdings, Inc, a Nasdaq-listed company that provides GPS chips, has acquired ImpulseSoft in a cash-and-stock deal worth Rs 67.5 crore. ImpulseSoft, an Indian start-up founded in 1999, provides BlueTooth solutions for the ... More

OFF-SHORE DEVELOPMENT


Team Computers to open offices in US, UK
DELHI-BASED IT solution provider Team Computers has said it plans to set up offices in New York and London this year to offer remote management of business intelligence (BI) applications. "We will be opening an office in New York next quarter ... More

CONVERGENCE


Verismo Networks tool to make TV sets smarter
IT'S time for the network-ready TV. A smart TV that will enable you to link up to the Internet and download movies, buy music from online stores and also to share home videos with your pals. The US-based start-up Verismo Networks has come out ... More

BROADBAND


`India must take active part in RFID tech'
INDIA should take a leadership position in RFID (radio frequency identification) technology. "If we do not do it somebody else would," according to Prof S. Sadagopan, Director, International Institute of Information Technology, Bangalore. India ... More

BT Infonet India to expand network
BT Infonet India, a partnership between BT Infonet, a British telcom company and i2i Enterprise, a broadband provider, is bringing `The World Network' into India. The World Network spans180 cities, covering over 9,00,000 km. The design of the ... More

EVENTS


IT Kerala 2006 from Jan 31
THE country's second largest IT event, IT Kerala 2006, will be held here from January 31 - February 4 at the Infopark, where over 100 participants are likely to take part. Technology giants such as TCS, Intel, Infosys, L&T, Tulip IT ... More



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