Business Daily from THE HINDU group of publications
Friday, October 10, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, October 10, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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INFO-TECH MERGERS & ACQUISITIONS: TCS to retain entire team of Citi’s BPO unit ‘May scale up hiring; no scope for lay-offs’. Tata Consultancy Services (TCS) will not only retain each of the more than 12,400 employees currently working with Citigroup Global Services Ltd (CGSL), but also scale up hiring for its ... REGULATORY BODIES & RULINGS: 30% of new mobile users are from rural areas: TRAI New Delhi, Oct. 9 The rollout of mobile services in rural areas is beginning to bring in the numbers for operators. Compared to a trickle of rural subscribers just a few years back, operators are now getting more than 30 per cent of their ... MERGERS & ACQUISITIONS: Upselling to other clients, assured revenue positives TCS has taken the inorganic route to grow its BPO business, with the acquisition of Citigroup Global Services ... TELECOMMUNICATIONS: BSNL planning to invest Rs 1,000 cr in TN Circle 3G rollout likely in a few months. Coimbatore, Oct. 9 Bharat Sanchar Nigam Ltd (BSNL) is planning to spend close to Rs 1,000 crore in Tamil Nadu Circle (other than Chennai) for the addition of 23 lakh mobile connections under both 2G and 3G ... PEOPLE: Aricent names new CEO Aricent, an outsourcing company focused on the communications industry, on Tuesday announced the appointment of ex-Wipro veteran, Mr Sudip Nandy, as Chief Executive Officer (CEO) of the company. The Aricent former CEO, Mr Ash Bhardwaj, has ... NEW PRODUCTS & SERVICES: Sony rolls out new PS2 series Sony Computer Entertainment Europe (SCEE) has rolled out the new series of the PlayStation 2 in the Indian market to capture the sales opportunity during the festival of Diwali. The new PS2 is being introduced at an attractive price point of ... MERGERS & ACQUISITIONS: Idhasoft acquires Enterpulse stake City-based IT company Idhasoft said it has paid about $12 million for acquiring 100 per cent stake in Enterpulse, a US-based company providing business process management-related consulting services. This acquisition will enable Idhasoft ... TELECOMMUNICATIONS: Samsung upbeat on multimedia mobiles Expects 40% sales from the segment; expanding service network by over 60%. Chennai, Oct. 9 With a slew of new models launched in the last few months and a few more in the pipeline, Samsung India is betting big on its mobile handset business. ... E-COMMERCE & E-BUSINESS: ‘E-payment market likely to grow 70% in next 2 years’ Bangalore, Oct.9 Electronic payment is poised for rapid growth in the country in the next couple of years, even though it is still in its infancy in the country and over 50 per cent of bills are still paid ... NEW PRODUCTS & SERVICES: ASUSTeK set to roll out ‘desktop PC’ next week To tie up with RCom on Eee PCs. Taipei, Oct. 9 ASUSTeK is all set to introduce its “really small desktop PC”, Eee Box, in India. A desktop equivalent of Eee PC, Eee box was showcased by the company in trade shows in June and was ... OFF-SHORE DEVELOPMENT: Cognizant opens delivery centre in Hungary Chennai, Oct. 9 Cognizant, the US-based provider of global consulting, technology and business process services, has opened its delivery centre in Budapest, Hungary. Early this year, it commenced its clinical data management (CDM) services ... TELECOMMUNICATIONS: Now, play Manchester United word game mobiles New Delhi, Oct. 9 Jump Games, the publisher and developer of mobile games, has launched Manchester United WORD IT! — a game dedicated to one of the world’s favourite football ... SOFTWARE: ICSA converts warrants The Board of Directors of ICSA (India) has announced it has allotted 26,50,000 equity shares of Rs 2 each, on excise of conversion option by Goldman Sachs Asia Finance and Mr G. Bala Reddy, Chairman and promoter of ICSA. Both of them are ...
SOFTWARE: Not too keen to pay for use? When every rupee counts, one would think the ‘software as a service’ model is poised to grow. But the action appears muted. Here’s a reality check.. Though Software as a Service has been held up as the next big revolution in ... INTERNET: Trigger for violence? The Finland shootout raises grave concerns over the use of the Internet.. Parents say our children are not out on the streets, they are not doing drugs or alcohol, they are at home and we believed they were secure. It is now the opposite, and ... E-COMMERCE & E-BUSINESS: Serve IT hot and fast Technology waits on you, at this restaurant.. When you’ve ordered Paneer Tikka, you don’t want to settle for Paneer Pakoda, right?But why does the mix-up happen, at the restaurant? It happens because the ‘master’ (the ... INTERVIEW: Pay through the mobile phone Awareness and adoption are challenges, says mChek.. Even at a 3 per cent conversion of every mobile bill payer onto an mCommerce solution, the industry would be worth around Rs 3,000 crore, estimates Sanjay Swamy, CEO, mChek. The Bangalore-based ... CYBER QUEST: Quiz V.V. Ramanan. 4. Which Academy Award American actress’ new Web site is ... INTERVIEW: Debt spells no dent 3i Infotech on aggressive use of debt to fund acquisitions and working capital requirements.. 3i Infotech has been aggressive in acquisitions. Its latest in a string of acquisitions is US-based Regulus, which provides bill presentment and ... BOOKS: Good technology is almost half of health With telemedicine and robotic surgeries, doc-patient distances diminish.. A healthy feeling is a happy one, as we recently saw, closer home. A few top-level statements about ‘health’ lifted the otherwise gloomy financial markets. ... CARTOON: Cartoon ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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