The Hindu Business Line : Saturday, October 15, 2005

Two-year validity on prepaids of Tata mobiles
TELECOM service provider Tata Teleservices announced on Friday a new offering where customers buying its `Non-Stop Mobile' range of handsets can receive free incoming calls for a period of two years, without recharging regularly. "With ... More

Absorption of ITS officers into MTNL, BSNL — SC dismisses DoT plea to vacate stay orders on contingency plan
THE Supreme Court today dismissed the Government's plea seeking to vacate stay orders passed by High Courts of Uttaranchal and Guwahati on implementation of a `contingency plan' pertaining to the issue of absorption of Indian Telecom Services ... More

Mobile expo in Delhi next week
DURING the first six months of the current fiscal, the cell phone subscriber base grew by 12.83 million in the country. The total number of users at the end of September stood at 65.05 million, up from five million in 2001, said Mr Sanjeev ... More

Teles India router `helps cos cut phone bills'
TELES India has launched a voice router — TELES.iGATE. The router plugs into a company's telephone exchange and automatically routes a telephone call so that it bills the least amount. In India, interconnectivity fees make calls from a ... More

INFRASTRUCTURE

AP Govt to allot land for IT cos for expansion
THE Andhra Pradesh Government has allocated 100 acres at Hyderabad to Wipro for its expansion and 59 acres to 14 other IT companies at Visakhapatnam. The State Cabinet, which met here on Friday, has also decided to allot land to Satyam and ... More

POLICY

`IT Act meant to ensure minimal Govt intervention'
MR BRIJESH Kumar, Secretary, Ministry of Communication and Information Technology, today stated that the proposed amendments to the IT Act, 2000 were meant to ensure minimal Government intervention and that it was up to the industry to regulate ... More

TAXATION

A bug in software service
Joseph Prabakar discusses a recent CBEC Circular on taxability of software maintenance More

FINANCIAL PERFORMANCE

Tata Infotech Q2 net rises 52 pc
TATA Infotech has reported a 52 per cent rise in net profit for the second quarter ended September 30, 2005. The company attributed this to the growth in all its segments — systems integration , manufacturing and educational ... More

Eskay net up at Rs 12.44 cr
MUMBAI: Eskay'n'IT (India) Ltd has posted a net profit of Rs 12.44 crore for the quarter ended September 30, 2005, compared to Rs 1.76 crore in the corresponding previous period. Its net sales for the period were Rs 121.72 crore (Rs 80 ... More

SOFTWARE

Legacy renewal practice — Satyam to leverage Pegasystems tech
SATYAM Computer Services Ltd has announced the creation of a new legacy renewal and transformation consulting practice that leverages Pegasystems Inc's technology. Satyam created the new practice in response to the growing concern over ageing ... More

INTERNET

Four Soft plans portal for logistics operators
FOUR Soft Ltd, technology provider for transportation and logistics sector, has sewn up plans to create a portal that brings together players in the logistics business, allowing them to interact seamlessly. Alongside this, the company has ... More

HUMAN RESOURCES

H-1B visa holders being paid lower wages, says US tech workers' group
An analysis of the employers who are paying the lowest H-1B wages reveals that these companies are disproportionately run by Indian nationals, hiring almost exclusively young Indian nationals to displace American workers in our own country, in blatan t violation of EEOC, sex, age and national origin laws, says the Programmers Guild, an advocacy group for US technology workers. More

MERGERS & ACQUISITIONS

Valuemart buys 51 pc in HVO
BANGALORE: Valuemart Info Technologies Ltd, formerly GDR Software Ltd, has acquired a 51 per cent stake in High Value Outsourcing (HVO) for an undisclosed sum. Valuemart offers enterprise IT solutions, while HVO provides high value ... More

NEW PROJECTS

iNautix office in Chennai
CHENNAI: iNautix, a provider of global technology solutions, has leased about 65,000 sq ft at the newly inaugurated International Tech Park, Chennai (ITPC), making it the largest occupant of the Park. Mr Jagdish Rangwani, COO, iNautix, ... More

OUTLOOK

NEC arm to focus on commercial customers
NEC Computers Asia Pacific (NECCAP), a subsidiary of NEC Corporation, has appointed ENKAY Technologies (India) Private Ltd as its commercial business reseller for its personal computers. NECCAP, an ISO 9001:2000 certified company, is focussing ... More

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