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TELECOMMUNICATIONS
Mobile phone as a local bank
NXP Semiconductor tool set to bring about big changes in rural areas More

Spice launches `People Phone'
More

INFRASTRUCTURE
Work on SmartCity Kochi project to begin by year-end
Malta, June 17 Work on SmartCity Kochi, the integrated township with a SEZ for knowledge-based industries, will be launched by the year-end, according to Mr Fareed Abdulrahman, Chief Executive Officer, SmartCity (Dubai) FZ-LLC.Talking ... More

Suncity in talks with PE firms to raise Rs 350 cr for IT SEZ project
Company open to offloading 35-40% stake in project More

FINANCIAL PERFORMANCE
Compact Disc net revenue doubles
The Chandigarh-based animation company Compact Disc India Ltd has announced a doubling of net revenues for the year ending March 2008. Net revenues stood at Rs 102.73 crore, as against Rs 50.18 crore during the last fiscal. Its net profit more ... More

Tata Comm net down 63%
Mumbai, June 17 City based Tata Communications (formerly VSNL) has posted a 63 .1 per cent fall in net profit for the fourth quarter ended March 31, 2008.The net profit was down to Rs 58.8 crore from Rs 159.5 crore recorded in the same ... More

HUMAN RESOURCES
i-mint way to reward BPO staff
Bangalore, June 17 After having launched an incentivisation programme for employee referral programmes in companies, Loyalty Solutions Ltd, a multi-partner loyalty rewards company, is now eyeing another business opportunity in the B2E space. ... More

MERGERS & ACQUISITIONS
KUBC to invest $22 m in Essel Shyam
More

WNS buys BizAps
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ALLIANCES & JOINT VENTURES
Tech Mahindra in pact with MS
Telecom solutions provider Tech Mahindra has entered into an alliance with Microsoft to address its system integration (SI) requirements for the deployment of the Microsoft Mediaroom Internet Protocol Television (IPTV) and multimedia software ... More

INCOME TAX
SEZ tax issue: Nasscom seeks clarification
Wants anomaly in Sec 10AA of I-T Act removed More

PEOPLE
Persistent Systems appointments
Persistent Systems, a player in the outsourced product development (OPD) services, has announced the appointment of Mr T.M. Vijayaraman as Chief Technical Officer (CTO) and Mr Ranjan Guha as Senior Vice-President - Strategic Business Development. ... More

NEW PRODUCTS & SERVICES
Nokia plumps for productivity
Launches 2 smartphones for enterprise users More

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