The Hindu Business Line : Tuesday, August 01, 2006

OUTSOURCING
Genpact to acquire US co MoneyLine
Genpact announced on Monday its plans to acquire US-based MoneyLine Lending Services, a specialised provider of end-to-end mortgage origination and fulfilment services. Founders Mr Evan Gentry, President and CEO, Mr Taylor Woods, Executive ... More

FINANCIAL PERFORMANCE
Calsoft net up at Rs 69.5 lakh
California Software Ltd has reported a consolidated net profit of Rs 69.53 lakh for the quarter ended June 30, 2006 compared with a net profit of Rs 58.18 lakh for the corresponding quarter last year. Revenue was Rs 36.09 crore (Rs 21.70 ... More

Mindteck net, revenue up
Mindteck (India) Ltd, a Bangalore-based IT services company, has reported a net profit of Rs 2.09 crore for the quarter ended June 30, 2006 against Rs 39.9 lakh for the same period last year. Its revenues also saw a rise to Rs ... More

Cambridge net profit rises
Cambridge Solutions Ltd has reported a consolidated net profit of Rs 16.1 crore on revenues of Rs 364.48 crore for the quarter ended June 30, 2006 compared to a net profit of Rs 7.4 crore on revenues of Rs 77.50 crore for the ... More

Saksoft posts Rs 1.8-cr net
Saksoft Ltd has reported a consolidated net profit of Rs 1.83 crore for the quarter ended June 30, 2006, compared with a net profit of Rs 2.12 crore for the corresponding quarter previous year. Revenue was Rs 12.64 crore (Rs ... More

CCS Infotech net rises
CCS Infotech Ltd, a Chennai based IT solutions provider, has reported a net profit of Rs 1.18 crore for the quarter ended June 30, 2006 compared with Rs 67 lakh for the corresponding quarter of previous year. Revenue was Rs 12.77 ... More

Northgate Q1 net at Rs 11.4 cr
Northgate Technologies Ltd has recorded consolidated revenues of Rs 46.91 crore and a net profit of Rs 11.37 crore for the first quarter ended June 30. The revenues have been consolidated for the first time. Therefore, there is ... More

SPEL Semiconductors net down
SPEL Semiconductor Ltd, a Chennai-based semiconductor integrated circuit assembly and test company, reported a reduced net profit of Rs 68.7 lakh for the quarter ended June 30, compared to a net profit of Rs 99.1 lakh for the ... More

SOFTWARE
CGS scouting for India acquisition
To invest Rs 70 cr on expansion More

REGULATORY BODIES & RULINGS
Mobile roaming charges likely to turn cheaper
TRAI looking at option of a lower tariff cap More

ALLIANCES & JOINT VENTURES
Nipuna, Provade tie up
Nipuna Services Ltd , Satyam's BPO arm, and Provade Inc, an on-demand procurement services provider, have announced a partnership to offer managed services in procurement of materials, goods and services. These services ensure that procurement ... More

M-COMMERCE
TRAI defers order on short codes for SMS by 3 months
DoT panel to examine the issue More

EVENTS
Infy can offer feedback to Govt for good of industry: Ahluwalia
New software development block inaugurated in Mysore More

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