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PREFERENTIAL ALLOTMENTS
Color Chips' preferential offer
Color Chips India Ltd has informed BSE on Monday that the members at the EGM authorised the board to allot 37 lakh preferential equity shares of Rs 10 each. These shares will be allotted to Color Chips Animation Park Ltd (7 lakh equity shares) ... More

TELECOMMUNICATIONS
SMS service for booklovers
With an SMS to the short code 6365, bookworms can get details of new releases and bestsellers on their mobiles for under Rs 3 (cost per special SMS). In an alliance with the US-based Mobile 365, a mobile messaging and data services firm, ... More

SOFTWARE
SQC India launches consulting vertical
Products for SMEs More

Patni customer satisfaction rating
Patni Computer Systems Ltd has received the highest customer satisfaction rating among Indian offshore supply chain solution providers, in a survey "Ranking supply chain management Tools and services" conducted by Forrester ... More

NEW PROJECTS
Infotech to expand in Bangalore
Infotech Enterprises Ltd, a Hyderabad-based geospatial and engineering services provider, is set to expand Bangalore operations and has performed "Bhoomi Pooja" on a two-acre site in Electronic City in Bangalore. The Chairman and Managing ... More

REGULATORY BODIES & RULINGS
TRAI not to intervene in SMS tariffs
Expresses concern over high charges of premium messages More

ALLIANCES & JOINT VENTURES
Airtel ties up with Microsoft to offer MS Office on mobile
On latest HP I-Paq, I-Mate handsets only More

EVENTS
Seminar on free software
The Chief Minister, Mr V.S. Achuthanandan, has called for wider rollout and intensive propagation of free software to end what he described as monopolistic tendencies in the industry. He said this while inaugurating a one-day ... More

VENTURE CAPITAL
New Vernon acquires 50 pc equity stake in Intelligent Infra
New Vernon was hopeful of returns within the next 4-7 years. More

OUTLOOK
Visual Computing working on Ghoom 2
Visual Computing Labs, a division of the Bangalore-based Tata Elxsi is working on creating visual effects for comedy movie Ghoom 2. MTV Networks' blockbuster spoof of Dhoom titled Ghoom hit cinema theatres last month under the TV ... More

Satyam plans expansion; may raise $100 m capex
Eyes small boutique cos with specialised skills More

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