The Hindu Business Line : Thursday, February 01, 2007

TELECOMMUNICATIONS
`Telecom sector has a key role in achieving financial inclusion'
The telecom sector will play a major role in achieving financial inclusion in banking industry, according to Mr B. Sambamurthy, Chairman and Managing Director of Corporation Bank. Releasing Dakshina Kannada Telecom District's telephone ... More

Reliance Comm: All eyes on demerger
The market attention attracted by Reliance Communications recently has been attributed to the company's announcement that it has secured shareholder approval to demerge its tower business. According to market participants, this has rekindled ... More

FINANCIAL PERFORMANCE
VSNL net drops 5.3%
Videsh Sanchar Nigam Ltd reported a 5.3 per cent decline in net profit for the quarter ended December 31, 2006. Net profit fell to Rs 142 crore for the quarter, from Rs 150 crore a year ago. Total income rose 3.6 per cent, to Rs 1,115 crore, ... More

Reliance Comm Q4 net nearly triples
Reliance Communications' consolidated net profit for the fourth quarter of the fiscal nearly tripled from a year ago, on the back of increased revenues and strong EDITDA growth across all segments. (The current fiscal of RCom started on January ... More

HARDWARE
PC sales to cross 6.5 m: MAIT
The Manufacturers' Association of Information Technology (MAIT) in its Industry Performance Review for the first half of 2006-07 reported a sales of 2.96 million units including notebooks and desktop computers, registering 19 per cent growth over ... More

NEW PROJECTS
Sony Ericsson to make mobiles near Chennai
Flextronics, Foxconn are its contract manufacturers; first handset to be out in June More

CONVERGENCE
`Service providers need deep pockets'
Farokh Balsara of Ernst & Young on the various TV viewing options and what they mean to consumers ... More

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