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Wednesday, July 16, 2008
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HUMAN RESOURCES: Slowdown effect: 24/7 Customer relocates 450 staff to other centres
Close to 450 employees of 24/7 Customer may feel the heat of slowdown and client churn in the BPO industry. With one of its clients announcing a phased ramp-down of offshore call centre partnerships in India, 24/7 Customer has asked the ...

STOCKS: HCL Technologies, Geometric find FII buying
Foreign funds turn away from Reliance Capital, Jain Irrigation. Mumbai, July 15 Even though the foreign institutional investors’ remained net sellers in July so far, they have been picking select stocks during the turbulent times. FIIs ...

REGULATORY BODIES & RULINGS: RCom to get links to GSM network
Service roll-out under dual licence, says TRAI. New Delhi, July 15 Paving the way for Reliance Communications to roll out its pan-India GSM cellular services, the telecom regulator has directed all existing mobile operators to provide ...

TELECOMMUNICATIONS: Beta-testing of Linux mobiles under way
R&D done at development centres in India. Pune, July 15 The beta testing for the Linux operating system-based mobile handsets is already under way, even before the excitement over the iPhone is yet to subside. ...

FINANCIAL PERFORMANCE: Everonn net rises five-fold
Chennai, July 15 Everonn Systems India Ltd, a Chennai-based education and training company, reported a five-fold increase in net profit at Rs 3.07 crore for the quarter ended June 30, compared with Rs 0.61 crore in the corresponding quarter ...

SOFTWARE: Vsoft tool for Delhi co-op bank


TELECOMMUNICATIONS: Breather for 3 mobile players on tariffs
New Delhi, July 15 In a breather to cellular operators Bharti Airtel, Vodafone Essar and Idea Cellular, the telecom tribunal, on Tuesday, disposed petitions challenging a tariff hike by the three major telecom players in August 2007. ...

ALLIANCES & JOINT VENTURES: Infotech, Dassault in defence collaboration
Hyderabad, July 15 Infotech Enterprises and Dassault Aviation, one of the major players in the civil and military aviation industry, have signed an MoU at Dassault Aviation Headquarters in France to collaborate and work on different business ...

TELECOMMUNICATIONS: Vodafone's new prepaid plan


FINANCIAL PERFORMANCE: Prithvi posts Rs 6-cr loss
Hyderabad, July 15 Prithvi Information Solutions has registered revenues of Rs 319 crore and posted a loss of Rs 6 crore due to extraordinary items and including forex loss for the quarter ended March 31, 2008 as against total income of Rs ...

EVENTS: Oracle user group meet
Hyderabad, July 15 TheOracle User Group with a 4 lakh -strong developer base and a community of seven-lakh users in India is organising a meeting in Hyderabad later this week to share experiences and provide insights into shape of things to ...

INTERNET: Portal for personal finance
InvestmentYogi, a Hyderabad-based start up promoted by senior technology professionals, has announced the launch of a portal to help people manage their finances better and file tax returns.The company, self-funded with investments from ...





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