INFO-TECH
PREFERENTIAL ALLOTMENTS
Infotech issuing equity, pref shares
IT and geospatial services provider Infotech Enterprises Ltd has approved the issue of preferential shares to Carrier International Mauritius Ltd, and GA Global Investment Ltd, Cyprus, and their affiliate group entities. The ...
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TELECOMMUNICATIONS
Telecom operators urge Centre to replace all taxes with 6% single levy
Telecom operators have urged the Department of Telecom to bring down all levies imposed by the Central Government on the operators to six per cent of their annual revenues. In a meeting with the Department of Telecom, both GSM and CDMA ...
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Global buys: GTL puts in place Rs 1,000-cr plan
Focus on telecom services; plan to sell off other biz
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INFRASTRUCTURE
Work on IT Park in Coimbatore will begin by Aug
CM approves building design
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HARDWARE
Apple plans product demos
Apple Computers is planning to conduct demos in an attempt to reach out to the public and popularise its products. The `You're your Mac' demonstration camps will take place at New Delhi, Mumbai, Ahmedabad, Pune, Bangalore, Kochi, ...
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SOFTWARE
US Technology in tie-up with tax services provider
US Technology, a leading provider of end-to-end IT services for Fortune 500 companies, has signed a `multi-year and multi-million dollar agreement' with H&R Block of the US, reputedly the world's largest tax services provider, to provide software
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INDUSTRY ASSOCIATIONS
Nasscom assures US Senators help in detecting visa frauds
Assures cooperation in detecting visa frauds
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10-fold fee hike for Nasscom top 3 members
The annual membership fee for each of the top three members of Nasscom (National Association of Software and Service Companies) has increased ten-fold to around Rs 60 lakh, according to Mr Lakshmi Narayanan, Chairman, Nasscom. The top three ...
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MERGERS & ACQUISITIONS
Vodafone initiates process for taking over Hutch-Essar by mid June
Plans launch of low-cost handsets in India by year-end
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Stake sale talk buoys Patni
Patni Computer Systems has been buzzing with hectic buying activity of late, as rumours of IBM picking up a stake in the company once again resurfaced. According to stories doing the rounds, private investment firm Texas Pacific Group is also ...
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ALLIANCES & JOINT VENTURES
Effort BPO teams up with Star Telecom, Triple Three
The Mumbai-based Effort BPO Ltd has partnered with the Chinese firm Asia Star Info Telecom and Triple Three (a part of the Hong Kong-based Mulitex Group) to set up a chain of multi-location domestic BPOs in China. Effort BPO will hold a ...
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EVENTS
Meet on computers
The "Compass Used and Discounted PC Show 2007", an annual event organised by the Computer Association of Eastern India, will be held from June 1 to 3 at the Valia Hall of Bhawanipore Educational Society College in Kolkata. The ...
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VENTURE CAPITAL
JAJAH strengthening presence here
The US-based Web-based calling company JAJAH is all set to strengthen its presence in the county. The company has announced the investment by T-Online Venture Fund, which is part of a $20-million investment round, co-led by Intel ...
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OUTLOOK
TCS Financial plans $50-m capital investment
TCS Financial Solutions, the newly formed special business unit (SBU) for financial products within the TCS family, has earmarked up to $50 million (about Rs 205 crore) as capital investment for the fiscal year 2007-08. The investments are in ...
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TRENDS
Global BPO contracts begin on weak note in first quarter
Annualised revenue may increase modestly in 2007, says research firm
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