Business Daily from THE HINDU group of publications
Thursday, November 09, 2006
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INFO-TECH

ANNOUNCEMENTS
Cricinfo relocates global HQ to Bangalore
Cricket content and entertainment service provider Cricinfo announced the opening of its new global headquarters in Bangalore. Cricinfo is part of the US-based Wisden Group. Mr Mark Getty, Director, Wisden Group and co-founder and Chairman, ... More

OVERSEAS BORROWINGS
ADS issue: Infy may face challenge luring retail investors
Premium narrows down considerably More

NEW BUSINESS
Megasoft bags MTNL order
Megasoft Ltd has announced that it has been chosen by MTNL to provide roaming management services and the deal is valued at $0.3 million (about Rs 1.4 crore), a statement from the company said. ... More

OUTSOURCING
e-Serve is now Citigroup Global Services
To set up global site at NCR More

Next Gen to enhance BPO operations
Targets 10 pc turnover revenues from BPO business More

TELECOMMUNICATIONS
Reliance Comm to launch video streaming service today
Reliance Communications is set to formally launch a mobile video streaming service on November 9, when the keynote address of the head honcho of a global IT major at a Mumbai event will be hosted on the video streaming platform, according to ... More

Nokia sees big scope in India
Working on new cost-control concept More

Hutch launches calling cards
Mobile services provider Hutch has introduced the World Calling Card, which the company claimed as an economical option for its post-paid and pre-paid customers. This is available in denominations of Rs 110 and Rs 550 and ... More

CDMA operators seek licence fee cut
The CDMA based mobile operators, including Tata Teleservices and Reliance Communications, on Wednesday demanded reduction in revenue share licence fee to six per cent from the current 8-12 per cent. "We have taken up very strongly with the ... More

POLICY
Centre to go slow on IT SEZ approvals
No more in-principle approval for the time being More

HARDWARE
MAIT seeks central sales tax removal
Submits proposals to Govt to make sector competitive More

SOFTWARE
LogicaCMG opens new unit
LogicaCMG has opened a new facility at the Technopolis campus here. The new section will be a key hub for the company's global services delivery (GSD) capability. The company also reiterated its intention to continue growing its employee base ... More

Oracle to extend CRM to small, medium businesses
Bullish on growth in Asia-Pacific and India More

Wipro unveils programme for US health plans
Wipro Technologies and HealthSciences Institute on Wednesday announced the launch of "Accelerated Practice Improvement'' service for the US health plans market. The service is designed to assist health plans in the US and implement ... More

Financial Tech's M&A plans
Financial Technologies is scouting for merger and acquisition opportunities and plans to raise $ 200 million through equity to fund its expansion, if any, in the next six to seven months, said Mr Jignesh Shah, Chairman and ... More

INTERNET
.IN domain records 2 lakh users
The National Internet Exchange of India (NIXI) and Afilias India Private Ltd announced that the `.IN' domain has reached 2,00,000 registrations and has doubled its presence in the market place since last year. Launched in 2004 by the ... More

MERGERS & ACQUISITIONS
TCS buys Australian co for Rs 50 cr
Tata Consultancy Services has acquired an Australian company for A$ 1.7 million (Rs 5.6 crore) in cash as upfront payment, with additional performance payments making for a total consideration of A$15 million (Rs 50 crore) over five years. The ... More

Accel close to acquiring Chennai co
In talks for stake in Bahrain co More

REGULATORY BODIES & RULINGS
TRAI office sealed in Delhi
May affect TRAI's functioning for at least a month More

ALLIANCES & JOINT VENTURES
VISaer, IBS Americas in pact for offshore service
VISaer Inc, a leader in aviation maintenance and engineering software solutions, has announced that it has signed additional agreements with IBS Americas for providing offshore software development services. IBS Americas is an IBS Group ... More

Bharti Airtel signs MoU with Adani Group
To provide total telecom solutions for SEZ at Mundra More

OFF-SHORE DEVELOPMENT
Amtex opens centre in Delhi
US-based Amtex Systems Inc, IT consulting and services company, has announced the opening of a global development centre in the Capital. The facility is expected to be the key component in augmenting the company's global business model of ... More

Malaysia woos Indian IT investors
The Malaysian Multimedia Development Corporation (MDeC) on Wednesday opened its India office here as part of its strategy to woo Indian investors from the IT sector to the Malaysian Super Corridor (MSC), a dedicated infrastructure for ICT. The ... More

E-COMMERCE & E-BUSINESS
CSS Soft sets up Hyderabad centre
CSS Software India, the IT services subsidiary of US-based Cybernet Software Systems (CSS), has opened office in Hyderabad and plans to target the ERP (enterprise resource planning) market in Andhra Pradesh. The company plans ... More

SECURITY
McAfee's new Web safety tool
McAfee has launched SiteAdvisor Plus, a Web safety tool to shield computers from harmful Web sites encountered during browsing, searching, instant messaging or e-mailing. It is a premium over McAfee SiteAdvisor, which is ... More

BROADBAND
Chinese cos Huawei, ZTE bag major orders from telecom PSUs
Contracts come ahead of President Hu Jintao's visit to India More

EVENTS
Bridging more than the digital divide
Microsoft's new facility to create vendors network More

PEOPLE
Anthapur new Yahoo! India COO
Yahoo! India Research & Development has announced the appointment of Mr Pranesh Anthapur as Chief Operating Officer. Mr Anthapur will head operations as well as bring new ideas to the company's R&D centre in Bangalore. Prior More






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Top Stories
Railways' share in cement, steel transportation up in H1

36.5 pc rise in net direct tax mop-up

China hikes tax on export of metals, oil

Will CAT throw up surprises this year too?

Govt raises bar on textile exports

Why gold prices and US interest rates move in tandem

Onset of tourism season spurs hotel stocks

`Rajasthan oil fields have immense potential'

On liquidity and interest rates

Mukesh Ambani calls for convergent energy view

Wipro unveils programme for US health plans

Ports congestion hits oilmeal exports

Looking back
Oct. 29-Nov. 4
New data encryption technique

Outsourcers in demand: Study

Diffusion in use of ICT

Satyam tops outsourcing vendors



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