The Hindu Business Line : Tuesday, September 04, 2007

OVERSEAS BORROWINGS
XL Telecom to raise $40 m thru FCCB issue
Hyderabad, Sept. 3 XL Telecom & Energy Ltd has sewn up plans to raise $40 million (about Rs 160 crore) through FCCBs (foreign currency convertible bonds) by October to part finance its expansion and backward integration ... More

Bartronics to hike capital
Barcoding and smart car solutions provider Bartronics Ltd has approved a move to hike its authorised capital from Rs 40 to Rs 60 crore along with a plan to raise up to $50 million through FCCB issue. This move comes in the wake of company’s ... More

NEW BUSINESS
Subex bags 2 N. American contracts
Bangalore, Sept. 3 Subex Azure has announced it has won two contracts for its telecom software in North America. One is the company’s largest contract — a Tier-1 telecom operator will be using the Moneta revenue assurance ... More

OUTSOURCING
R.R. Donnelley opens new centre
R.R. Donnelley & Sons Company has opened a new business process outsourcing (BPO) facility in Thiruvananthapuram. Located in the Technopark Thiruvananthapuram, the facility, which is the company’s second in the city, covers an area of ... More

TELECOMMUNICATIONS
New satellite launch opens up business vistas
Bharti group, ONGC, Railways among major beneficiaries More

Cellphone industry seeks laws against fake handsets
New Delhi, Sept. 3 In an effort to address consumer concerns on the safety of mobile handsets, service providers and handset vendors today urged the Government to formulate guidelines to discourage grey market trading. The move comes close on ... More

HARDWARE
Intel, Health Ministry plan to scale up healthcare projects
More

Semiconductor association signs pact with Taiwanese body
To foster business relationship among member companies More

SOFTWARE
Sri Lanka gets IT going
Aims to grow outsourced revenues to $2 b by 2010 More

INTERNET
141 Sercon’s digital initiative
Mumbai, Sept. 3 141 Sercon, the newly formed activation brand from the BatesAsia family, has announced the launch of 1010, the group’s first ever comprehensive digital initiative. 1010 provides its clients and partners a unique ... More

REGULATORY BODIES & RULINGS
DTH operators get TRAI nod to pick and choose channels
Regulator wants broadcasters to speed up interconnection More

OUTLOOK
India manufacturing plans not now, says Intel
Turns focus on China, Vietnam due to delay in announcing semiconductor policy More

PEOPLE
Pioneering visionary passes away
Mr S. Ramadorai, Chairman of CMC, pays tribute to Dr R. Narasimhan, the first chairman of CMC. The Indian IT industry lost a pioneering visionary today. Dr R. Narasimhan, the first chairman of CMC and a life-long supporter of the IT ... More

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