The Hindu Business Line : Friday, April 18, 2008

OUTSOURCING
3i Infotech raises Rs 500-cr debt to fund domestic buys
Mumbai, April 17 City-based IT solutions firm 3i Infotech has raised around Rs 500 crore in debt over the last three-four years, in order to fund its domestic inorganic growth and working-capital requirements. This debt has been raised ... More

TELECOMMUNICATIONS
‘Outsourcing by mobile cos is no violation’
DoT replies to Tata Tele queries More

DoT restricts ‘certain’ Blackberry services
New Delhi, April 17 Blackberry users in the country may get disrupted services as the Department of Telecom has asked telecom operators not to provide certain features offered by Research In Motion’s (RIM) BlackBerry until monitoring ... More

Idea launches pre-paid packages
Idea Cellular Ltd has launched two tariff vouchers which lets it pre-paid customers to reduce their calling rates. Customers recharging for Rs 15 will get all Idea to Idea calls in Kerala at 30 p. The second voucher is for Rs 25, where the ... More

FINANCIAL PERFORMANCE
Rolta Q4 net up 44% at Rs 65.72 cr
Mumbai, April 17 Geospatial and engineering solutions company Rolta Ltd has reported a 44.3 per cent rise in net profit for the quarter ended March 31, 2008 to Rs 65.72 crore as against Rs 45.54 crore in the corresponding quarter a year ago. ... More

Sonata Q4 net rises 32%
Bangalore, April 17 Bangalore-based Sonata Software Ltd reported a 32 per cent growth in net profit for the latest fourth quarter. Revenue for the quarter grew 9.3 per cent, the IT consulting and services company said.The company said ... More

SOFTWARE
New Procall solution
More

MERGERS & ACQUISITIONS
Infosys scouting for buys in Europe, US
Focus on vertical expertise, not capacities More

ALLIANCES & JOINT VENTURES
MS, TiE in partnership
Microsoft and The Indus Entrepreneurs (TiE) have entered into a global strategic partnership to promote and support local software economies across the world. Led by the India subsidiary of Microsoft, the partnership would facilitate global ... More

BUSINESS MODELS
Product developers need to change strategies: Forrester
‘More investments must to meet new outsourcing challenges’ More

OUTLOOK
Red Hat upbeat on growth
Coimbatore, April 17 Provider of Linux and open source technology, Red Hat is optimistic about the growth prospects within the open source ecosystem. It’s Vice-President (Corporate Marketing), Mr Michael Chen, had during his brief ... More

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Address by MOS for Commerce Jairam Ramesh to NASSCOM (pdf)

Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
People's car

P-Note blues

Other Top Stories
Bad weather hits Gujarat cotton yield

Brokers to attract penalty for misuse of clients’ collateral

Way to tackle agrarian crisis, food security

‘Outsourcing by mobile cos is no violation’

Rise in Indian services exports less than global average: WTO

Parliamentary panel slams delay in pharma policy

Royal Challengers Bangalore takes on Kolkata Knight Riders today

Looking back
Apr. 6-Apr. 12
‘IT cos should look for specific opportunities, be innovative’

Acer expects India revenues to touch Rs 1,800 cr

India server market factory revenue touches $727 m

Mastek posts 65% rise in Q3 net at Rs 35 cr

Telecom subscriber base up 9.74% sequentially in Oct-Dec

Spectrum: Vigilance panel seeks clarifications from DoT