Business Daily from THE HINDU group of publications
Friday, October 12, 2007
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NEW BUSINESS
Nokia Siemens bags BSNL rural contract
New Delhi, Oct. 11 In a bid to enhance its network capacity, Bharat Sanchar Nigam Ltd has awarded two different contracts to Nokia Siemens and UTStarcom. While the contract for Nokia Siemens is for rolling out broadband access across 7,000 ... More

TELECOMMUNICATIONS
GSM mobile cos add 56 lakh subscribers in Sept
New Delhi, Oct. 11 GSM cellular operators added 56 lakh new subscribers in September, taking the total to 15.33 crore mobile users across the country. While Bharti Airtel added over 20 lakh new mobile users, Vodafone Essar increased its tally ... More

BSNL contests TRAI’s order
Bharat Sanchar Nigam Ltd has challenged a recent order from the telecom regulator, which made it mandatory for all operators to allow access to their domestic leased circuit to each other. BSNL, being the largest operator of domestic leased line ... More

DoT working out plan to improve rural coverage
Operators fulfilling roll-out obligations will get incentives More

DoT talks on spectrum pricing
The Department of Telecom on Thursday met the telecom operators to discuss issues relating to spectrum pricing and efficient utilisation of radio frequency. GSM operators, lead by the Cellular Operators Association of India, made a presentation ... More

Catching them young
More

INFRASTRUCTURE
TNPL plans IT park in Chennai
Coimbatore, Oct. 11 The Tamil Nadu Newsprint and Papers Ltd (TNPL) is planning to establish an IT park in Chennai and is weighing the option of doing it on its own or adopting the BLOT route, according to Mr Shaktikanta Das, State Industries ... More

IT cos give Rs 3.5 cr for campus road
Chennai, Oct. 11 Information technology companies in the Siruseri Industrial Park on the IT corridor have come forward to contribute money for road development inside the campus.Out of the 11 companies located in the campus, nine will ... More

FINANCIAL PERFORMANCE
Infosys overcomes Re impact with higher billing, utilisation
Second quarter net rises 18.4% as revenues cross $1-b milestone More

HARDWARE
Dell developing simple IT products
Bangalore, Oct. 11 Dell is moving away from its direct model path and is going on an IT simplification drive. “Direct is not a religion,” remarked Mr Paul Henri Ferrand, President - APAC South, Dell Asia Pacific. ... More

SOFTWARE
IT majors take a beating
Infosys results cast a shadow More

HUMAN RESOURCES
Campus hiring raised 40%
Bangalore, Oct. 11 Infosys has stepped up its campus hiring this year and has issued some 18,000 offers to engineering students, 40 per cent more than the previous year. “We have visited 1,000 of the 1,700 engineering colleges and ... More

Room for recruits: Cement shortage causes construction delay
Bangalore, Oct. 11 Cement and labour shortage has hit Infosys’ intake of campus recruits during the September quarter as the company couldn’t complete the construction of accommodation facility on time. As a result, the company was ... More

MERGERS & ACQUISITIONS
Locuz, Choice announce stock deal
IT services companies Locuz Enterprise Solutions Ltd and Choice Solutions Ltd today announced merger in an all stock transaction. With the necessary regulatory approvals, Locuz stock will be converted into Choice stock at a fixed ratio of two ... More

ALLIANCES & JOINT VENTURES
Nokia Siemens, Wipro enter deal
Telecom firm Nokia Siemens Networks has transferred its radio research and development arm in Berlin, Germany, to Wipro Technologies. With this, Wipro Technologies enhances its presence in Europe. About 58 employees of Nokia Siemens will be ... More

OFF-SHORE DEVELOPMENT
‘Infosys offshore biz continues to be healthy’
No signs of any slowdown in US market: COO More

E-COMMERCE & E-BUSINESS
mjunction services makes foray into auto e-retailing biz
Kolkata, Oct 11 mjunction services ltd, a 50:50 joint venture of SAIL and Tata Steel, has made a foray into the auto eRetailing business. The company has forged a tie-up with Reva Electric Car Company (RECC) for selling Reva vehicles through ... More

M-COMMERCE
Kingfisher, PayMate tie up for SMS-based ticketing service
‘FlyBuySms’ will work on all handset models and operators More

BROADBAND
Bharti launches 8Mbps service
Bharti Airtel has launched 8 Mbps broadband service. With this, the telecom major’s network will also be Internet Protocol Television ready, said Mr Atul Bindal President, Bharti Airtel Ltd (Broadband and Telephone Services). The company ... More

EVENTS
‘Engineers must be celebrated’
Bangalore, Oct. 11 Engineers must be celebrated, opined Mr Craig Mundie, Chief Research and Strategy Officer, Microsoft Corporation, speaking at the conclusion of the two-day ‘India is innovation’ summit in the city. There ... More

PERFORMANCE
The Infy show: Analysts’ view
Mumbai, Oct. 11 Even as Infosys’ quarterly results failed to impress the bourses, the investment community appeared to be satisfied with the company’s numbers Most of the analysts believed that the net profit growth was in ... More






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Union Budget 2007-08

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Economic Survey 2006-2007

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