The Hindu Business Line : Friday, March 09, 2007

NEW BUSINESS
Gateway bags contract from Wipro, Citigroup
Gateway HR Solutions has bagged contracts from Wipro BPO and Citigroup collectively worth about Rs 2.3 crore. Both contracts involve recruitment of candidates, mainly from arts, science and commerce colleges, and are renewable after a year. ... More

ESOPS
Exercise ESOPs by March, Infosys tells staff
Move to limit employees' tax liabilities ahead of new FBT regime More

TELECOMMUNICATIONS
5 m new GSM subscribers in Feb
The all-India GSM subscriber base continued to grow aggressively in February, achieving a subscriber base of 115.3 million, up from 110.5 million in January 2007 recording an addition of nearly 4.9 million during the month. ... More

Tata Teleservices mulls hiving off tower business
May monetise assets to plough cash into mobile services More

Quality tag for Bharti unit
Enterprise Services Corporate, a business division of Bharti Airtel Ltd, has been conferred the TL9000 certification for quality management system for its mobile, fixed line and data services. The scope of the certification ... More

`Clarify policy on intra-circle STD calls'
TRAI threatens action against BSNL More

FINANCIAL PERFORMANCE
Cambridge Tech nets Rs 1.39 cr in Q3
Cambridge Technology Enterprises Ltd has recorded total consolidated income of Rs 5.94 crore and a net profit of Rs 1.39 crore for the quarter ended December 31, 2006. There is no comparative figure for same period last year. For the nine months ... More

MERGERS & ACQUISITIONS
Hutch Essar is `FDI-compliant'
Hutchison Telecom International Ltd (HTIL) said on Wednesday that the allegations levelled by an Indian consumer group that the Hong Kong-based company held more stake in mobile firm Hutch-Essar than what was permitted under the FDI policy was ... More

REGULATORY BODIES & RULINGS
BSNL contests order to cut port charges
Bharat Sanchar Nigam Ltd on Thursday filed a petition with the Telecom Dispute Settlement Appellate Tribunal challenging the decision by Telecom Regulatory Authority of India (TRAI) to cut port charges. BSNL said that the reduction in fees would ... More

ALLIANCES & JOINT VENTURES
Wipro partners Ingres for open source solutions
Wipro Ltd and Ingres Corporation, a vendor of database management systems, have announced a strategic alliance to develop open source business solutions on the Ingres platform and undertake joint go-to-market activities worldwide. With Ingres ... More

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Looking back
Feb. 25-Mar. 3
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