The Hindu Business Line : Thursday, January 17, 2008

OUTSOURCING
Infosys BPO eyes 3 large deals
New Delhi, Jan. 16 IT services firm Infosys Technologies’ Business Process Outsourcing unit, Infosys BPO, today said it is currently negotiating on three IT/BPO transformational deals in $50 million to $150 million range.“We ... More

1,000 trained rural graduates to soon join BPO companies
Hyderabad, Jan 16 About 1,000 rural graduates from Andhra Pradesh will soon join different Business Process Outsourcing (BPO) companies in their offices to be located in tier-II and semi-urban areas. The Employment Generation and Marketing ... More

FINANCIAL PERFORMANCE
Improved pricing, productivity lift TCS
Consolidated net rises 19% in Q3 More

TCS cushion against rupee rise at $3.1 b
Mumbai, Jan 16 TCS ended the third quarter of the fiscal with a hedge position of $ 3.1 billion, at a rate slightly higher than Rs 40 to the dollar, said Mr S. Mahalingam, Chief Financial Officer.In the previous sequential quarter, the ... More

Infotech’s Q3 profit at Rs 20 cr
Hyderabad, Jan. 16 Infotech Enterprises has recorded sales of Rs 176.85 crore and a profit of Rs 20.05 crore for the third quarter ended December 31, 2007 as against sales of Rs 143.04 crore and profit of Rs 20 crore for corresponding quarter ... More

TCS Q3 numbers just meet expectations
Company cautious in terms of outlook More

SOFTWARE
NTrust Info to enter European market
Coimbatore, Jan. 16 Chennai-based NTrust Infotech, a provider of technological support to the US real estate industry, plans to enter the European market with its offerings.The four-year old company has established a niche for itself in ... More

Huawei support to MTNL network
More

INTERNET
Finance Minister Web site launched
The Finance Minister, Mr P. Chidambaram, on Tuesday launched his Web site to enhance transparency in the administration and disseminate information on his public speeches in India and abroad. The Web site, financeminister.gov.in, will host ... More

MERGERS & ACQUISITIONS
Not in talks to take over Capgemini, says Wipro
Wipro Ltd today revealed to the stock exchanges that it is not in any discussion to take over Capgemini, as has been speculated in parts of the media. It says that a request from the French securities regulatory authority, the AMF, ... More

TRADE & LABOUR UNIONS
BSNL may not go in for IPO, after all
Employees’ strike threat causes DoT to rethink plans More

PEOPLE
New Symantec India head
Mr Shantanu Ghosh will now head the Indian arm of Symantec, player in infrastructure software that addresses risks to security, availability, compliance and performance. He would now be the Vice-President for India Product Operations. He is ... More

NEW PRODUCTS & SERVICES
HCL’s two low-cost laptops to be available from Jan 26
Some features dispensed with to keep prices down More

Upgraded Telelogic product
More

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