The Hindu Business Line : Tuesday, May 01, 2007

INFRASTRUCTURE
17 cos join hands to build Asia-America gateway
Bharti Airtel will participate in building Asia-America Gateway — the first submarine-cable system linking South-East Asia directly to the US. The cable project is spearheaded by 17 telecommunications companies namely, AiTi, AT&T, ... More

FINANCIAL PERFORMANCE
Reliance Comm Q4 net profit jumps to Rs 686 cr
All divisions record strong revenue growth More

Megasoft Q1 net, revenues up
Megasoft Ltd has recorded consolidated revenues of Rs 65.06 crore and a net profit of Rs 12.09 crore for the first quarter ended March 31, 2007 as against revenues of Rs 35.89 crore and a net profit of Rs 7.46 crore for the corresponding quarter ... More

MindTree net jumps 66.1%
To pay Re 1; sees profit of Rs 106 cr in current fiscal More

Nucleus Q4 income rises 42.93%
Profits rose by 27.98% for the quarter More

SOFTWARE
BPOs must scale up for big global contracts, says KPMG
As Indian service providers seek to slice a larger share of global outsourcing pie, centres such as Morocco, Egypt and Vietnam for services and Latvia for R&D have emerged on the outsourcing horizon, offering talent and helping service providers More

INTERNET
Akshaya-Unesco pilot project to be launched in Kannur
As part of the Kerala Government's programme to provide all gram panchayats in the State with their own custom-made Web portals in Malayalam, a pilot project is set to be launched in Kannur district. The project is being implemented by Akshaya, ... More

ALLIANCES & JOINT VENTURES
Synaptris ties up with Firstware
Synaptris, the software products company of the CSS Group, has entered into a partnership with Chennai-based Firstware Software Solutions to distribute and implement its advanced reporting and analysis products, specifically targeting ... More

E-GOVERNANCE
RTI helpline in Bangalore
Good news for Bangaloreans — the national Right to Information helpline — (080) 666-00-999 is now in the city. Launched by Parivartan and The Manjunath Shanmugam Trust, it has migrated from Delhi to Bangalore with BPO firm MphasiS ... More

OUTLOOK
Worldwide IT market will expand marginally: IDC
Growth expected to be in the range of 6-7% during 2007 More

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