Financial Daily from THE HINDU group of publications
Thursday, January 19, 2006
Markets (January 18)
BSE Sensex9237.53 (-76.60)
S&P CNX Nifty2809.20 (-19.90)
US Dollar (Buy/Sell)44.39/44.52


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TELECOMMUNICATIONS


O&M, Hutch in marketing venture?
OGILVY & Mather is planning to enter the arena of mobile marketing by associating with its client Hutch. According to agency sources, there are plans to float a joint venture between Hutch and the agency's division OgilvyOne, with equal ... More

Taking the call on Reliance Info, post-demerger
THE imputed value of Reliance Infocomm, the telecom venture under Mr Anil Ambani, works out to Rs 146 per share, post demerger. This is based on the price discovery in the special trading session held today for Reliance Industries, in which the ... More

`Mobile target may be revised upward'
THE TARGET of 200 million mobile subscribers by 2007 will be revised upward given India's growth in mobile telephony, said Dr J.S. Sarma, Secretary, Department of Telecommunication, and Chairman, Telecom Commission. By the end of 2005, the ... More

FINANCIAL PERFORMANCE


Wipro Q3 net up 27 pc, revenues rise 30 pc
ROBUST volumes and better offshore leverage helped Wipro Ltd to beat its own estimates and street expectations to post a year-on-year growth of 27 per cent in net profit and 30 per cent in revenues for the December quarter. Wipro's net profit ... More

HARDWARE


New Dell notebook
BANGALORE: PC vendor Dell has launched a new notebook - the Inspiron 9400, costing Rs 77,769. The Inspiron 9400 runs on Intel Core Duo processors and has a 17-inch display with optional TrueLife technology. TrueLife display provides ... More

Nvidia graphic processors
BANGALORE: Graphic card maker Nvidia Corporation has announced two new graphic processors - nForce4 SLI XE and nForce4 Ultra. SLI X16 is meant for the high-end enthusiast, the XE for those interested in performance and Ultra is ... More

SOFTWARE


HCL Tech Q2 net income up 40 pc — Aims to be $1-b co by this fiscal
HCL Technologies today registered a 40.2 per cent increase in consolidated net income for the second quarter ended December 2005 to touch Rs 181.1 crore compared to Rs 129.1 crore in the same period previous year, and expressed confidence that it ... More

Wipro Infotech sets up remote centre in Mysore
WIPRO Infotech has set up a network operations centre in Mysore to offer remote infrastructure management services to its clients in the domestic market, said Mr Suresh Vaswani, President, Wipro Infotech. The company offers infrastructure ... More

Sonata in deal with US co
BANGALORE: Sonata Software has signed a $5-million deal with Atlanta-based Church's Chicken. Sonata will provide complete outsourcing services such as remote infrastructure management, network and data centre management, help desk and ... More

Intransa's IP SAN lab
BANGALORE: California-based storage solutions provider Intransa has set up an IP SAN (Storage Area Network) lab at an engineering college in the city. The lab is equipped with two units of Intransa IP-3000, each having a 2-terabyte storage ... More

HUMAN RESOURCES


Nasscom launches database of IT, BPO pros
IN a move that could effectively filter out errant employees and reduce the risk of fraud-related activities in the IT industry, Nasscom today launched the National Skills Registry - the first-ever centralised database of employees of IT ... More

NIIT Tech trims BPO headcount
NIIT Technologies has reduced the headcount by 109 in business process outsourcing division , even as it posted a 36 per cent year-on-year rise in net profit at Rs 18 crore in the third quarter ended December 2005. "We have reduced the ... More

Lason India to hire more
LASON India today said that it planned to add 1,600 employees over the next year, taking its employee strength in the country to over 8,000. The company has expanded its operations by moving into a new facility of over 56,000 sq ft in ... More

MERGERS & ACQUISITIONS


Servion acquires 5by5 Networks
SERVION Global Solutions, a Chennai-based company that develops software solutions for the customer interaction management industry, today said it has acquired 5by5 Networks Inc, a privately-held technology company based in Milpitas, ... More

SECURITY


India, US to enhance cooperation in tackling cyber crime
INDIA and the US have decided to enhance co-operation among the law enforcement agencies to deal with cyber crime. At the third Plenary of the Indo-US Cyber Security Forum, which concluded here on Tuesday, the Confederation of Indian Industry ... More

OUTLOOK


Wipro sees operating margins range-bound — BPO unit targets more income from non-voice service offerings
WIPRO's BPO unit is targeting a 40 per cent share of revenues from the non-voice service offerings over the next two years, said the Chief Executive, Mr T. K. Kurien. At present, the non-voice service accounts for around 17 per cent of Wipro ... More



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