The Hindu Business Line : Wednesday, February 01, 2006

Idea plans Rs 1,000 cr for rollout in 3 circles
IDEA Cellular on Tuesday said that it is gearing up to start services in the east Uttar Pradesh, Rajasthan, and Himachal Pradesh circles in the next five months and will invest an estimated Rs 1,000 crore to roll out is cell sites in these ... More

FINANCIAL PERFORMANCE

MTNL net dips 37 pc in Q3
NEW DELHI: Mahanagar Telephone Nigam Ltd (MTNL) has reported a 36.5 per cent decline in its profits to Rs 127 crore during the third quarter ended December 31, 2005, from Rs 200 crore in the corresponding period in the previous fiscal ... More

Four Soft revenue zooms
HYDERABAD: Four Soft Ltd (4S) has reported significant jump in consolidated revenues at Rs 33.55 crore and lower net profit at Rs 0.18 crore for the quarter ended December 31, 2005 compared to revenues of Rs 5.88 crore and a net profit of ... More

Scandent net up 5 pc
BANGALORE: Scandent Solutions Corporation Ltd announced a 5 per cent growth in net profit for the quarter ended December 31, 2005 at Rs 8.5 crore over the same quarter last year. Revenues for the quarter were up 20 per cent at Rs 84.4 ... More

Surana Tele Q3 net declines
HYDERABAD: Surana Telecom Ltd has recorded total income of Rs 19.70 crore and a net profit of Rs 2.23 crore for the third quarter ended December 31, 2005, against total income of Rs 16.71 crore and a net profit of Rs 4.15 crore for the ... More

Ramco Systems posts loss
CHENNAI: Ramco Systems Ltd reported a net loss of Rs 3.68 crore on revenues of Rs 31.99 crore for the quarter ended December 31, 2005 as against a net loss of Rs 3.36 crore on revenues of Rs 27.20 crore for the same quarter the previous ... More

SOFTWARE

Fidelity International sells 0.37% stake in Satyam Computer
HYDERABAD: FIDELITY International has informed the Bombay Stock Exchange that FMR Corp, its direct and indirect subsidiaries, and Fidelity International Ltd have sold 11,96,821 shares aggregating 0.37 per cent of the total paid-up ... More

TCS to develop 2,000-seat facility in Gandhinagar
TATA Consultancy Services is going to develop a new facility at Gandhinagar in Gujarat, the first phase of which will have 2,000 seats once fully commissioned. This will be located on 20 acres in Infocity in Gandhinagar. The company has already ... More

Satyam bags Oman project
HYDERABAD: Satyam Computer Services Ltd has announced it has signed up to implement mySAP at Oman Polypropylene LLC, a joint venture between Oman Oil Co., Gulf Investment Corporation and LG international. This is another win for ... More

HUMAN RESOURCES

All focussed
About 25,000 job aspirants had their names registered at the IT Kerala, where 102 IT companies came for recruitment.

ALLIANCES & JOINT VENTURES

SatNav Tech partners mLogica
HYDERABAD: SatNav Technologies, products company, has announced its partnership with mLogica, a US-based solutions integrator for enterprise software specialising in data management and software development services, to expand its ... More

EVENTS

`IT Kerala' expo inaugurated — Govt plans satellite IT destinations
Over a hundred companies are participating in the show, billed as one of the largest IT exhibitions in the country. More

`Bridge digital gap to raise tele-density'
THE Union Minister of State for IT and Communications, Dr Shakeel Ahmed, has stressed the need to bridge the digital gap amongst various countries to raise the tele-density to respectable levels within a timeframe. Such an approach would ... More

PERFORMANCE

VSNL posts 5.5 pc rise in Q3 net
VIDESH Sanchar Nigam Ltd has reported a 5.5 per cent increase in net profit for the third quarter of the current fiscal. This is on the back of higher sales as well as higher one-time income. Net profit for the quarter amounted to Rs 150.1 ... More

NEW PRODUCTS & SERVICES

H-P tool for mobile operators
BANGALORE: Hewlett-Packard announced a new product - HP OpenCall Media Platform Video - for Indian mobile operators. This product will allow cellular service providers to create and deploy `triple play' (video, voice and data) ... More

TMT tool to track consignments
BANGALORE: Taco MobiApps Telematics (TMT) has launched a consignment tracking solution for the logistics industry. The company's Chief Executive Officer, Mr Praveen Gupta, told news persons that the consignment tracking solution will ... More