The Hindu Business Line : Thursday, February 09, 2006

TRAI clearing the decks for cheaper long distance calls — Plans 4 per cent revenue share for ADC
IN a bid to pave the way for cheaper long distance calls, the Telecom Regulatory Authority of India (TRAI) is working out the details of the revised Access Deficit Charge and Interconnect Usage Charge, which include allowing access providers the ... More

Govt issues guidelines for operators on phone tapping
THE Government has issued guidelines on the issue of phone tapping and has asked service providers to appoint round-the-clock nodal officers to act on requests from security and law enforcement agencies within two hours of receiving the ... More

Airtel to set up telecom hub in Kolkata
This was stated by Mr Rajan Bharti Mittal, Joint Managing Director of Bharti Tele-ventures Ltd, while talking to newspersons shortly after the West Bengal Government handed over a three-acre plot at Sunrise City, Nonadanga, to the company for the ... More

BPL Mobile launches `Chinna Recharge'
BPL Mobile has launched `Chinna Recharge' coupons for pre-paid users in the Madurai region. The pre-paid users can now recharge for as low as Rs 10 and enjoy full talk time, according to the Chief Executive Officer, BPL Mobile Cellular Ltd ... More

HARDWARE

`India needs flexible chip unit'
INDIA needs a flexible chip manufacturing facility, according to Mr Suhas Patil, semiconductor visionary, who was speaking at a summit organised by India Semiconductor Association (ISA). A "flexible" fabricating unit is one that can produce a ... More

SOFTWARE

Induslogic to host centre for Mantas
INDUSLOGIC, a US and India based outsourced product engineering services provider for over 50 companies, will host an independent development centre for Mantas. It is scouting for another centre in India to support major expansion plans that ... More

UK's Aurona to expand gaming operations
AURONA Technologies Ltd, a UK-based gaming solutions provider, has announced plans to expand its Hyderabad operations, while playing an anchor role in setting up a local chapter of the International Gaming Developers Association. Having ... More

HUMAN RESOURCES

Genpact to recruit 6,000 more by year-end — Ties up with Osmania University
GENPACT, one of the largest business process outsourcing (BPO) company, with about 15,000 employees in India out of 19,000 it has globally, plans to recruit about 5,000 to 6,000 more in the country by the end of this year across its seven ... More

Symphony to hire 2000, eyes acquisitions in China
Symphony has decided to set up a training academy in Bangalore to train its new hires. The Symphony Academy for Product Development and Analytics is likely to be operational later this year. More

Four Soft to hire 250 more
FOUR Soft Ltd, a Hyderabad-based company that develops transportation and logistics software products, plans to recruit around 250 people over the next two months. Announcing this at a press conference in the city today, Mr Biju S. Nair, ... More

OFF-SHORE DEVELOPMENT

Lionbridge has facility for Aveva in Chennai
LIONBRIDGE Technologies, a US-based software company, has set up a build, operate and transfer (BOT) software development facility for the UK-based Aveva group in Chennai. The facility has begun with 40 employees who are on the rolls of ... More

INTERVIEW

Tata Teleservices Maharashtra — `Cash profit in Q3 flows from new biz strategy'
TATA Teleservices Maharashtra Ltd (TTML), the listed subsidiary of Tata Teleservices Ltd, ended the third quarter of this fiscal with an EBIDTA of Rs 33.58 crore against an EBIDTA loss of Rs 51 crore in the year-ago period. Mr Charles ... More

VENTURE CAPITAL

Softbank Asia to invest $22.5 m in CSS
SOFTBANK Asia Infrastructure Fund (SAIF) Partners, a private equity fund, has invested $22.5 million (about Rs 100 crore) in the US-based CSS Group. With offshore facilities in Chennai, the group provides information technology services to ... More

OUTLOOK

`Foreign funding in IT, telecom set to double'
FOREIGN investment in the IT and telecom sector is expected to double in 2006, on the back of recent policy measures and the buoyant industry, Communications and IT Minister, Mr Dayanidhi Maran said on Wednesday. Mr Maran, who inaugurated the ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

SC bars DD from airing Fourth Umpire show

LIC Housing loans to get costlier by 50 bps from Friday

World pepper demand-supply disparity widens

PRCL to offer container services on rail tracks

Jet may need aircraft acquisition panel's nod for Air Sahara buyout

ONGC `dry run' in Bengal continues

In Focus

Infrastructure woes stare IT sector

IPO Scams

FDI in retail sector

Dynamic Tirupur