Business Daily from THE HINDU group of publications
Saturday, March 08, 2008
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TELECOMMUNICATIONS
Barclays in talks with CDMA players
New Delhi, March 7 Barclays Bank is in talks with CDMA service providers to offer ‘Hello Money’, the mobile banking solution provided by the bank for customers with GSM handsets.“We want to give the same ‘Hello ... More

Is the ‘assessee in default’ amendment aimed at Vodafone?
Does Vodafone have something to worry about in the latest Finance Bill? Seems so, according to tax experts, who cite the proposed amendment to Section 201 of the Income-Tax Act, 1961 about ‘assessee in default’. Significantly, ... More

Idea Cellular prepaid offer
Idea Cellular Ltd has announced a limited period offer for all their prepaid customers. All prepaid customers who recharge for Rs 296, will get Rs 1,000 worth local Idea-to-Idea calls free. This is in addition to lifelong validity, all local ... More

BSNL offer in Mangalore
More

BUDGET
Clarification not to impact MAT outgo, say IT firms
‘PBT taken as book profit for tax calculations’ More

SOFTWARE
Oracle in talks with Bharti Enterprises
To deploy enterprise application in FieldFresh Foods More

GSS America makes mixed debut
Mumbai, March 7 IT solutions provider GSS America Infotech Ltd today made its debut at a discount of 5 per cent against the issue price of Rs 400, as per data available on the NSE. Though it opened at Rs 380, it touched a high of Rs ... More

Synechron on expansion mode
To offset US recession impact by entering new geographies More

INTERNET
Ireland’s Saon Group to invest €10 m in India
Pune, March 7 Ireland-based Saon Group, an online recruitment company, is all set to invest €10 million in the Indian market for setting up online city-centric job portals. Talking to presspersons, Mr Leslie Buckley, Chairman, ... More

SQL Star learning portal
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RESTRUCTURING
Tata Tele to sell 49% stake in tower biz
New Delhi , March 7 Tata Teleservices is planning to sell up to 49 per cent stake in its tower subsidiary Wireless Tata Telecom Infrastructure Ltd in the next two months. The company has short listed as many as 15 bidders which include tower ... More

MERGERS & ACQUISITIONS
Nexgen Edu buys training company ICFe
New Delhi, March 7 Education service provider Nexgen Edusolutions has acquired Institute of Computer & Finance Executives (ICFe), an ISO 9001:2000 certified company, which trains executives in the field of accounting, banking, insurance ... More

ALLIANCES & JOINT VENTURES
NIIT Tech, Ramco Systems in pact
New Delhi, March 7 IT solutions company NIIT Technologies has entered into a strategic partnership with Ramco Systems, a provider of software products and services. The partnership entails leveraging synergies to deliver enterprise solutions ... More

SECURITY
Browser-based security breaches on the rise
Problem accentuated by social networking: IBM More

PEOPLE
Hexaware CFO quits
Mumbai, March 7 Hexaware Technologies has said that Mr Rajesh Ghonasgi has resigned from his position as the Chief Financial Officer (CFO) of the company. Mr P.K. Sridharan, who is the Executive Director and Chief Mentor of the company, will ... More






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