Business Daily from THE HINDU group of publications
Saturday, July 26, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Saturday, July 26, 2008 ePaper | Mobile/PDA Version | Audio |
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INFO-TECH TELECOMMUNICATIONS: DoT offers sops to operators for rural rollout Move intended to give a boost to e-governance and reduce digital divide. New Delhi, July 25 In a bid boost rural telephony, the Government has decided to give financial incentives to operators who roll out services in rural areas. The ... OUTLOOK: Infosys looks for new ways to increase revenue productivity Focus on creating domain-specific solutions. Bangalore, July 25 While negative sentiments in the market keep customers from increasing IT spends, Infosys Technologies Ltd is using newer business models to enhance revenue ... SOFTWARE: A soft ruling on software export turnover Recently, the Income-tax Appellate Tribunal (ITAT), Bangalore, passed a favourable decision in the MphasiS Ltd case, granting relief to the assessee in respect of the deduction under Section 10B of the Income-Tax Act, 1961. ... OUTLOOK: Glodyne Technoserve to treble revenues by 2010 Mumbai, July 25 IT firm Glodyne Technoserve intends to more than treble its turnover by 2010 through focused play in the infrastructure management space and by acquiring companies that will augment its ... OUTSOURCING: Zensar to set up facilities in Pune, Hyderabad More focus in E. Europe; working on software for kiranas. Pune, July 25 Zensar Technologies is setting up facilities, each with 300 seats, one at the EON SEZ (special economic zone) in Pune and another in Hyderabad. The company is also ... FINANCIAL PERFORMANCE: Zensar Tech: First quarter revenue, PAT up Pune, July 25 Zensar Technologies, a player in the IT and BPO services segment, has recorded a 85 per cent rise in profit after tax of Rs 24.73 crore for the first quarter of the current fiscal as compared with Rs 13.35 crore for the ... TELECOMMUNICATIONS: 8.94 m mobile users added in June SOFTWARE: QlikTech to operate in Bangalore TELECOMMUNICATIONS: Bay Talkitec expands services ALLIANCES & JOINT VENTURES: Infotech, Alten services to EADS RESEARCH & DEVELOPMENT: Agilent Tech, IIT-B collaborate NEW BUSINESS: Wipro Info's Rs 132-cr Lodha deal FINANCIAL PERFORMANCE: Other income lifts i-flex net Mumbai, July 25 A significant increase in other income coupled with increased momentum across its suite of offerings has bolstered Oracle-owned financial services firm, i-flex solutions, to report a 188 per cent growth in net profit for the ... VENTURE CAPITAL: UnitedLex receives $6 m in new round of funding New Delhi, July 25 UnitedLex, a provider of legal consulting, analytics and outsourcing solutions, on Wednesday announced it has received a new round of funding worth $6 million. ... FINANCIAL PERFORMANCE: 3i posts 44% rise in net Mumbai, July 25 IT services firm 3i Infotech has reported a 44.1 per cent rise in net profit for the first quarter ended June 30, 2008. The company’s net profit was Rs 58.10 crore as against Rs 40.3 crore recorded in the same quarter ... PEOPLE: Tech Mahindra appointment Mr M. Damodaran, the ex-Chairman of stock markets regulator SEBI has been appointed as the non-executive independent director by telecom solutions firm Tech Mahindra. He belongs to the Indian Administrative Service, Manipur-Tripura cadre. — ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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