The Hindu Business Line : Tuesday, May 15, 2007

FINANCIAL PERFORMANCE
Allsec Tech net up 11%
Allsec Technologies has reported net profit of Rs 6. 99 crore for the quarter ending March 2007, up 11 per cent from Rs 6.31 crore reported during the same quarter last year. According to a press release, revenues stood at Rs ... More

Accel posts Rs 13 cr net profit
Accel Frontline Ltd, a Chennai-based IT company, declared an interim dividend of 15 per cent (Rs 1.50 per equity share of Rs 10) to its shareholders for the financial year ended March 31, 2007. It reported a net profit of Rs 13 ... More

INTERNET
MonsterIndia rated best job site
MonsterIndia.com has been rated as the best job site on the basis of site technology, design, usability and content, according to the PC World Web Awards 2007. The initiative by PC World magazine was carried out to recognise the best Indian ... More

Shaadi.com ties up for in-film placement
After Bharat Matrimony, it's now the turn of rival Shaadi.com to go in for in-film placement. The online matchmaker has tied up with Hindi film Metro, starring Konkona Sen and Shilpa Shetty, to reach a wider audience. Speaking to ... More

MERGERS & ACQUISITIONS
YOU Telecom acquires IceNet in Gujarat
Consolidation moves begin after TRAI proposal on district-level ISPs More

NEW PROJECTS
Bartronics commissions smartcard facility
Has selling arrangements for the next two years More

CIPSA-RIC to invest $10 m
CIPSA-RIC, a manufacturer of printed circuit boards, plans to invest $10 million in expanding its production capacity by four times to 40,000 sq. per metre per month. The company's third plant will be ready for operation near Bangalore by March ... More

OVERSEAS INVESTMENTS
Taiwanese chip firm wants to set up fab unit in India
Commits $3 b in investment More

ALLIANCES & JOINT VENTURES
Sun Micro, Tech Mahindra tie up for IPTV services
Sun Microsystems India and Tech Mahindra have announced a strategic alliance for the rollout of IPTV services in the Indian and Asia Pacific markets. Talking to presspersons, Mr K.P. Unnikrishnan, Director, StrategicAlliances Sun Microsystems ... More

INTERVIEW
We will provide more affordable offers: Bharti Airtel
Mr Sanjay Kapoor, President, Mobile Services, Bharti Airtel, says the company will be a frontrunner in providing affordability services with its Rs 100 recharge, lifetime scheme, and easy lifetime scheme. He also tells about the company's ... More

SECURITY
F-Secure's new anit-virus program
F-Secure has rolled out a corporate data protection solution - F-Secure Anti-Virus for Microsoft Exchange Version 7. According to a company release, the new addition to the F-Secure product list would ensure that all users to ... More

PEOPLE
A. Raja is new IT Minister
Mr A. Raja, the Minister of Environment & Forests, will be the new Communications and IT Minister, replacing Mr Dayanidhi Maran, who submitted his resignation yesterday. The Prime Minister, Dr Manmohan Singh, accepted his resignation this ... More

GSM operators, IT sector praise Maran's `good work'
More

NEW PRODUCTS & SERVICES
Reliance unveils `cheapest' colour handsets at Rs 1,234
Reliance Communications has launched colour mobile handsets for Rs 1,234 each, making them the cheapest in that category. The move comes close on the heels of the company launching black and white handsets starting from Rs 777, which sold one ... More

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