The Hindu Business Line : Tuesday, May 03, 2005

TDSAT quashes paging operators' plea for relief package
IT'S curtains for the ailing paging industry with the Telecom Dispute Settlement Appellate Tribunal (TDSAT) quashing the appeal seeking relief measures from the Government. The telecom tribunal has said that there was no merit in the paging ... More

65-gm handset from Reliance
MANGALORE: Reliance Infocomm has launched a 65-gram handset, LG 2330, with a LMS (Long Message Service) facility. Quoting Mr Praveen Pasricha, President (Sales and Marketing), Reliance Infocomm, a company release said, "The lightest ... More

TAXATION

I-T Dept slaps Rs 50-cr notice on Infosys
`The management believes that the ultimate outcome of this proceeding will not have a material adverse effect on the company's financial position and results of operations.' More

FINANCIAL PERFORMANCE

Pentamedia Graphics Q4 net slips to Rs 50 lakh
PENTAMEDIA Graphics Ltd has reported a net profit of Rs 50 lakh on revenues of Rs 16.04 crore for the quarter ended March 31, 2005 compared to a net profit of Rs 4.75 crore on revenues of Rs 44.99 crore for the corresponding quarter last year. ... More

SOFTWARE

Newgen offers solutions for `cheque truncation'
NEWGEN Software Technologies is ready with a stack of products that support cheque truncation (the use of electronic or scanned image of a cheque for processing). This technology, when implemented, would transform the working of the Indian ... More

LG Electronics selects Oracle e-biz suite
LG Electronics India has selected Oracle E-Business Suite to drive its enterprise resource planning (ERP) and marketing activities, in a project estimated at $5 million. The Oracle applications implementation would help LG India integrate ... More

FBT: Software industry feels let down
THE revamp in fringe benefit tax valuation brought some relief to the IT sector, although the software industry - which had been hoping that all items of `genuine business expenditure' would be spared completely from this tax burden - was ... More

Teledata bags $1-m China deal
CHENNAI: Teledata Informatics Ltd has bagged a $1-million order from Sinotrans Shipping Ltd, Beijing. The Chinese firm will use the Teledata's Ship Manager software in its fleet of 34 vessels and in its onshore offices. Teledata will ... More

IT TRAINING

Andhra Infotek offers healthcare career courses
ANDHRA Vision Infotek Pvt. Ltd, a Hyderabad- based Indian arm of US based Avanti Solutions Corporation has announced a healthcare career programme called Medical Billing & American English. Announcing this Mr Tummalapally Vijaykanth Reddy, CMD . More

NEW PRODUCTS & SERVICES

Rediff launches Web hosting platform
ONLINE news and entertainment service provider rediff.com India Ltd has launched Rediff Web hosting, a platform and a Web presence management tool for young entrepreneurs, according to a press release. Rediff Web hosting is an integrated ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Molasses duty cut to Rs 750/t

China's rapid economic growth hits Asian nations differently

I-T Dept slaps Rs 50-cr notice on Infosys

India Inc disappointed over FBT retention

Murugappa group plans to invest Rs 650 cr in capacity expansion

Further upside seen in commodity markets

In Focus

BHEL Disinvestment

China's revaluation

Dabhol power regenerated