The Hindu Business Line : Friday, February 10, 2006

Mobile companies get six months more to complete rural rollouts
SOFTENING its stance, the Communications Ministry has decided to give mobile operators six months more to fulfil their rollout obligations as per the Universal Access Services Licence agreement. The Department of Telecom has therefore put on hold ... More

LG plans more GSM launches
LG Electronics India plans to increase its GSM (Global System for Mobile Communication, a standard for mobile phones in the world) customer base in India. Mr K.R. Kim, President, South West Asia and Managing Director, LG Electronics India Pvt ... More

INFRASTRUCTURE

IT sector grabs lion's share of SEZs approved
THE Information technology sector has bagged the lion's share of sector-specific special economic zones (SEZs) approved so far by the Central Government. Out of the 43 sector-specific SEZs approved by the Government, 26 relate to the IT ... More

HARDWARE

Tensilica plans chip research centre in Pune
CHIP IP design firm Tensilica Inc announced the setting up of its Indian subsidiary at Pune. Investment in the research and development (R&D) centre is $40 million over five years. The facility can seat 50 engineers, who will work on the ... More

Talks with Intel on Feb 15: Maran
THE Government is wooing Intel to set up a chip manufacturing facility in the country close on the heels of AMD-SemIndia planned facility. "Official talks with Intel will be held on February 15," said Mr Dayanidhi Maran, Communications and IT ... More

Motherboard manufacture — Gigabyte to make India hub for Asia-Pacific ops
THE Taiwan-based Gigabyte Technology, one of the top five manufacturers of motherboards in the world, has decided to make India one of the hubs for its Asia-Pacific operations. Already the company is in the process of acquiring 10 acres of land ... More

$3-billion project to manufacture semiconductors — SemIndia zeroes in on Hyderabad
SEMINDIA and the Andhra Pradesh Government on Thursday said a $3-billion (about Rs 13,500 crore) project to manufacture semiconductors that go into computers, mobile phones and other digital devices would come up near the upcoming Hyderabad ... More

MosChip poised for turnaround — Launches bridge chips
MOSCHIP Semiconductor Technology Ltd, a fabless technology company, has announced the launch of two new bridge chips for computing and network connectivity applications, and maintained that it is on course to achieving a turnaround. The ... More

SOFTWARE

SumTotal wins key client
HYDERABAD: SumTotal Systems, provider of learning and business performance technologies and services, has announced that JPMorganChase has deployed SumTotal's Pathlore LMS 6.5, an enterprise platform solution for analysing, storing and ... More

OUTLOOK

IT-ITES revenues seen to grow 28% — On track to meet $60-b export target
ANNUAL revenues of the Indian IT-ITES sector are expected to exceed $36 billion this fiscal, up from $28.4 billion in last fiscal, showing a growth of 28 per cent. Of this, software and services is expected to bring revenues of $29.5 billion, ... More

PERFORMANCE

IBM India operations `grew by 55% in 2005'
IBM said on Thursday that its India operations grew by about 55 per cent in 2005 even as the company consolidated its position in the market segments of external storage, services and server market. However, IBM India did not disclose its ... More

Cognizant Tech revenue up 51 pc
COGNIZANT Technology Solutions Corporation, a US-based provider of IT services, reported a net income of $153.9 million on revenue of $885.8 million for 2005, compared to a net income of $100.2 million on revenue of $586.7 million during ... More