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Thursday, March 24, 2005

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ANNOUNCEMENTS


Color Chips bags US order
HYDERABAD: Color Chips (India) Ltd has announced that it has been selected as the technological partner by Internatural Health LLC, Texas, US for developing and designing Web sites and animation works required for its various marketing ... More

TELECOMMUNICATIONS


BSNL staff call off strike
NEW DELHI: The nationwide agitation by employees of Bharat Sanchar Nigam Ltd has been called off at the intervention of the Union Communications Minister, Mr Dayanidhi Maran. After a meeting with the BSNL employees union, Mr Maran said, ... More

BSNL, MTNL synergy issue awaits new DoT Secretary
THE decision on the merger of Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd will be taken after the Department of Telecom gets a new secretary. After a meeting between the two State-owned companies, Mr Nripendra Mishra, the ... More

Cut in international bandwidth prices — VSNL appeals against TRAI order
THE massive cut in international leased line tariffs announced by the telecom regulator may run into rough weather with the Tata-managed Videsh Sanchar Nigam Ltd challenging the order with the Telecom Dispute Settlement Appellate Tribunal ... More

AirTel rolls out in Andamans; Rs 20-cr investment on cards
BHARTI Cellular Ltd today launched the AirTel brand mobile service in the Andaman & Nicobar Islands, which is part of the West Bengal Telecom Circle. According to the company, an investment of Rs 20 crore has been earmarked for the cellular ... More

Telecom staff to intensify stir
THIRUVANANTHAPURAM: The United Forum of BSNL (Bharat Sanchar Nigam Ltd) Executives has decided to intensify its eight-day-old agitation programme. A spokesman for the Forum said here that work-to-rule and non-cooperation strike was ... More

FINANCIAL PERFORMANCE


Megasoft posts loss on Rs 12.8-cr write-off
MEGASOFT Ltd has reported a net profit of Rs 3.6 crore on revenues of Rs 25.9 crore for the quarter ended December 2004 as compared to a net loss of Rs 2 crore on revenues of Rs 15.8 crore for corresponding quarter previous year. For the year ... More

SOFTWARE


20 firms take space in Mahindra City
TWENTY companies have taken space in Mahindra City, the industrial park promoted by Mahindra Industrial Park Ltd in Chennai, according to Mr Arun Nanda, Executive Director and President, Infrastructure Development Sector, Mahindra & Mahindra. ... More

Mastek buys land for centre in Chennai
MASTEK Ltd, an information technology application outsourcing company, plans to set up a development centre in Mahindra City, the industrial park promoted by Mahindra Industrial Park Ltd in Chennai. According to the company's Chairman, Mr ... More

Quality Guru offers tips for code-writers
JUST imagine a surgeon operating human beings without knowing the nuances of human anatomy. This is the same analogy that fits to current day software code-writers without process expertise, often making mistakes in codes. Mr Watts Humphrey, ... More

netCustomer opens facility in Noida
NEW DELHI: IT company netCustomer Inc on Wednesday launched a new facility in Noida to expand service delivery capabilities to global clients and worldwide customers. The facility is spread across 50,000 sq. ft., a company release said ... More

Egyptian bank opts for Finacle
BANGALORE: Infosys Technologies said on Wednesday that Egypt's Bank of Alexandria has signed up for Finacle, its core banking solution. However, Infosys did not disclose the order size. Infosys said that it will be a long-term ... More

Scandent deal with Dhaka Stock Exchange
COIMBATORE: Scandent Solutions recently signed a multi-million dollar deal with the Dhaka Stock Exchange (DSE) for upgrading its electronic trading system - TESA. Scandent's TESA is a flagship product for equities trading. It is ... More

Veraz tool for call centres
COIMBATORE: Veraz Networks has launched a call centre network compression solution for multi-city and multi-country call centres. This compression solution is aimed at cutting down bandwidth requirement by 90 per cent and enhancing ... More

HUMAN RESOURCES


Alcatel to hire 1,000 more
TELECOM major Alcatel plans to recruit about 1,000 more this year, doubling its headcount in two R&D centres in Gurgaon and Chennai. The Chief Technology Officer, Mr Olivier Baujard, who is the country to commission its new Gurgaon facility, ... More

MERGERS & ACQUISITIONS


Kaashyap board to meet
CHENNAI: Kaashyap Radiant Systems Ltd has informed the Bombay Stock Exchange that its board of directors will meet on March 28 to consider the proposal of acquisition/merger/amalgamation of Space Computer and Systems Ltd, Chennai, a listed ... More

ALLIANCES & JOINT VENTURES


Satyam partners Zycus
HYDERABAD: Satyam Computer Services on Wednesday announced partnership with Zycus Inc, a data management software provider. The global alliance seeks to combine Satyam's consulting and system integration arena with Zycus' software ... More

OFF-SHORE DEVELOPMENT


US Tech opens arm in Malaysia
THIRUVANANTHAPURAM: US Technology Resources LLC, parent company of the Technopark-based US Software Pvt Ltd, has announced the opening of its Malaysia subsidiary. The Kuala Lumpur-based US Technology Resources (M) Sdn Bhd will focus on ... More


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