The Hindu Business Line : Saturday, January 19, 2008

ESOPS
When ESOPs had to sweat it out
A sweat equity case had to sweat it out at the apex court recently. It was about the ESOP (employees stock option) scheme of Infosys, the Bangalore-based information technology giant. As you may know, the current law is clear. The benefit ... More

TELECOMMUNICATIONS
GSM operators can now get spectrum up to 15 Mhz
Bharti Airtel, Vodafone and Aircel qualify for additional radio waves in some areas More

New Tata Tele scheme
More

INFRASTRUCTURE
Elcot to build 50,000 sq ft space at Tirunelveli IT SEZ
Rs 15-cr project slated to come up in next 5 months More

HDIL to set up cyber city in Kochi
Kochi, Jan. 18 Housing Development and Infrastructure Ltd (HDIL) has announced its plans to set up a cyber city in Kochi at an investment of Rs 4,000 crore. The project, to be implemented through Blue Star Realtors Pvt Ltd, a subsidiary ... More

FINANCIAL PERFORMANCE
Better realisations help Wipro post 12% rise in Q3 net
Good demand seen despite global challenges; dependence on US coming down More

NIIT Tech net profit flat at Rs 34.7 cr in Q3
Hit by sharp appreciation in the rupee, IT solutions company NIIT Technologies Ltd on Friday posted a flat consolidated net profit for third quarter ended December 2007, at Rs 34.7 crore. The consolidated revenue for NIIT Technologies, ... More

KPIT Cummins' revenue up
More

SOFTWARE
TCS working to clinch five domestic deals
Value target upwards of Rs 200 cr each More

TCS consolidates operations
Mumbai, Jan. 18 Tata Consultancy Services has consolidated its operations in Eastern Europe, West Asia, Africa and Latin America into a strategic business unit and has appointed Mr Gabriel Rozman, as Executive Vice President – Emerging ... More

IT TRAINING
Symbiosis, Savvion tie up
More

MERGERS & ACQUISITIONS
Mixed signals on CapGemini takeover
Unclear if Wipro is in talks to acquire part of its biz More

BUSINESS MODELS
Wipro Infotech to replicate service delivery model in W Asia
Wipro Infotech is replicating its India service delivery model in West Asia, where the company sees good business opportunity in IT services. Its delivery model offering transformational solutions has helped the company bag large domestic ... More

VENTURE CAPITAL
Intel Capital invests in InfraSoft
Intel Capital has invested an undisclosed amount in InfraSoft Technologies, which owns 123Greetings, a provider of online e-card services. Intel Capital is the global investment arm of Intel. The company said it made the investment through its ... More

OUTLOOK
Financial Software to raise Rs 250 cr; mulls IPO, PE funding
Chennai, Jan 18 Financial Software and Systems (FSS) plans to raise Rs 250 crore through equity or debt to expand operations in India and abroad, over the next few months. It is considering options such as an IPO and PE funding, according to ... More

HP upbeat on oil, gas sector with high performance solutions
Exploration firms’ drive to innovate fuelling demand More

Increased focus on consulting biz
Wipro Ltd has said its consulting business has been repositioned with an independent revenue mandate. Its Chief Financial Officer, Mr Suresh Senapaty, said on the sidelines of the press conference to announce the third quarter results that as ... More

Ericsson develops designer tower tubes
NEW LOOK More

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When ESOPs had to sweat it out

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