The Hindu Business Line : Tuesday, February 21, 2006

Reliance Info, Communications to write off Rs 4,500 cr
RELIANCE Infocomm Ltd and Reliance Communications Ventures Ltd will together make write-offs and provisions of around Rs 4,500 crore, the boards of the two companies decided on Monday. These write-offs and provisions relate to the period prior ... More

Big line for new licence in long-distance — Entry fee cut spurs major interest
With more telecom operators planning to jump into the fray it is good news for consumers who can now look forward to a tariff battle in this segment.
For ISPs, applying for a long-distance licence is a survival tactic with the DoT imposing a fee o n offering Virtual Private Network services.
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VSNL employees seek allotment of 3 pc equity when Govt exits
THE Government may have to give an additional 3 per cent stake in Videsh Sanchar Nigam Ltd to the company employees before divesting the residual stake of 26 per cent. According to the agreement struck with the VSNL employees federation at the ... More

Qualcomm to launch single chip solution — CDMA handsets at different price points possible
BETTING on the success of the to-be-launched single chip handsets, US technology major Qualcomm is expecting CDMA handset sales numbers in India to match that of GSM-based handset sales numbers this year. This is despite the fact that the ... More

Handset distribution business — HCL Info, Nokia in new 5-year deal
HCL Infosystems, the sole distributor of Nokia mobile phones in India, has entered into a revised agreement with Finland-based Nokia to split the distribution business. Under a new five-year agreement, both the companies will jointly ... More

Reliance offers LG handset for Rs 1,500
RELIANCE Infocomm has announced a new package offering a LG CDMA handset for as low Rs 1,500, bringing down the price by almost 40 per cent. The company has also brought down the price of the colour screen handset by 15 per cent to Rs 3,800. As ... More

HARDWARE

Moser Baer plans subsidiary to develop SEZs
MOSER Baer India Ltd today said that its board of directors, at a meeting on February 18, has decided to establish a new public limited subsidiary company that will function as a "developer" of special economic zones (SEZs). The board also ... More

Canon appoints Dhiren Singh
NEW DELHI:Canon India Pvt Ltd has appointed Mr Dhiren Singh as the Assistant Director of Marketing and Consumer Imaging. Prior to the appointment, Mr Singh held the post of AGM-Marketing at Videocon International Ltd. Mr Singh would be ... More

SOFTWARE

HC restraint on vMoksha founder
HELIOS and Matheson Information Technology has said that the Madras High Court on Monday passed an order of interim injunction restraining Mr Pawan Kumar from carrying on any business or taking up any new employment or continuing in any other ... More

SAP eyes SME space; plans more offices
IN a bid to tap growing opportunities in the small and medium enterprise (SME) space, global business software solution company SAP is considering setting up new offices in various locations in India, including Chennai. "India is currently ... More

MERGERS & ACQUISITIONS

Wipro buys US-based cMango for $20 m
CONTINUING with its `String of Pearls' acquisition strategy, Wipro Technologies added one more pearl on Monday by picking up the US-based privately-held cMango Inc, a technology infrastructure consulting firm, in an all-cash deal. As part of the ... More

REGULATORY BODIES & RULINGS

DoT for lowering cost of telecom operations
IN a bid to bring down telecom tariffs further, the Government is working towards lowering the cost incurred by the operators. Currently, Indian telecom operators are among the highest payers of taxes and levies in the world even though the ... More

OFF-SHORE DEVELOPMENT

Opera Software to open development centre
NORWAY-based Opera Software, whose Opera Web browser competes with Internet Explorer and Firefox, today announced that it would open a development centre in Chandigarh. "The planned office, to be located in Chandigarh, will initially employ ... More

E-COMMERCE & E-BUSINESS

Railways launches reward points programme for net-savvy passengers
IF you are a regular, Internet friendly traveller in the high-end AC segments of the Indian Railways, you could now earn reward points on your travel and use them to buy a ticket in those very segments! The points are awarded for all ... More

INTERVIEW

Co-existence helps us avert price-cutting: HCL Info
MR Ajai Chowdhry, Chairman and CEO, HCL Infosystems spoke to Business Line on the broad scope of the revised joint distributorship five-year agreement with Nokia. The company has been an exclusive distributor of Nokia for the past ten ... More

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Looking back
Feb. 12-Feb. 18
CSO puts software sector's contribution to GDP at 2.7 pc