The Hindu Business Line : Thursday, February 14, 2008

OUTSOURCING
‘$5-b worth KPO biz by 2010’
Mumbai, Feb. 13 Global consultancy services provider KPMG and Nasscom today indicated that the Financial Services industry KPO (knowledge process outsourcing) is poised to be worth $5 billion in India by 2010.In a report brought out ... More

BAA contract for LogicaCMG
BAA, a leading airport group, has awarded a five-year application management outsourcing contract to LogicaCMG. Under this agreement, LogicaCMG, one of Europe’s leading IT and business services companies, will work with BAA and its ... More

TELECOMMUNICATIONS
Tata Comm to invest $2 b for global expansion
Tata Communications, or the rechristened VSNL, is set to invest over $2 billion in the next three years to support its global expansion plans.The company has in the past invested in infrastructure in different markets and it would ... More

Tata Comm to invest $5 m in re-branding
Mumbai, Feb. 13 The integration of VSNL and Teleglobe brands into Tata Communications will cost the company around $4 to 5 million this fiscal for baseline communication over the next one year, said Mr Srinivasa Adepalli, Senior Vice-President ... More

Bharti Airtel customer base reaches 60 m
Bharti Airtel has crossed 60 million customer mark and added its last 10 million customers across mobile, fixed line and broadband in the last four months. “To be amongst the top global telcos is a significant achievement not only for us ... More

Airtel adds 3 m subscribers in AP
Airtel has added three million new subscribers till now during the current financial year in Andhra Pradesh, and the company is on an aggressive network expansion drive, aiming at covering 90 per cent of the population in Andhra Pradesh, ... More

Russia’s Sistema to invest $4-7 b in telecom sector
Plans to hike stake in Shyam Telelink to 74% More

POLICY
New IT Act in next session
Minister hopeful of extension of STPI benefits More

HARDWARE
MS drive for ergonomic products
Microsoft Hardware has launched a revolutionary campaign ‘Microsoft Lao, Haath Bachao’ in Kochi to create awareness about the importance of using ergonomically designed products. As part of the campaign, Microsoft ... More

NEC Electronics sets up liaison office
Picks up Wipro for semiconductor design services More

Semiconductor summit
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SOFTWARE
Ranal ties up with Turbolinux
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HeyMath! to join Microsoft’s Startup Programme
Chennai, Feb. 13 HeyMath!, an E-Learning solutions provider for mathematics, will join Microsoft’s Startup Accelerator Programme in India to help foster a healthy local software economy in India. The programme is designed to help ... More

STC ThirdEye sets up 4th facility
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FOREIGN DIRECT INVESTMENT
ByCell Telecom FDI proposal cleared
Infusion of $500 m additional investments More

MERGERS & ACQUISITIONS
Atos Origin keen on buys
Prefers target co to have sizeable European presence More

Hungry for acquisitions
This edition of Nasscom’s annual event seems strewn with companies who sound ravenously hungry for acquisitions. Perot Systems, a $2.6 billion US-based company which acquired Vision Healthsource, a Chennai-based ... More

ALLIANCES & JOINT VENTURES
Afilias ties up with CERT-In
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OFF-SHORE DEVELOPMENT
Headstart for start-ups: Win a contest
Mumbai, Feb. 13 If you are an early-stage information technology company looking to begin operations in Europe, this is the moment for you. The Technium Challenge, organised by the International Business Wales, could provide opportunities that ... More

E-COMMERCE & E-BUSINESS
The ‘e’ in retail
E-retail has expanded, in terms of the number of shoppers and the variety of products sold, but concerns of security and service remain. More

SECURITY
HDFC Bank in pact with Symantec
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