Business Daily from THE HINDU group of publications
Saturday, July 19, 2008
ePaper | Mobile/PDA Version | Audio
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Business Daily from THE HINDU group of publications Saturday, July 19, 2008 ePaper | Mobile/PDA Version | Audio |
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INFO-TECH
OUTLOOK:
Wipro Q1 net grows 25% at Rs 908 crMuted growth forecast for Q2. Bangalore, July 18Wipro Ltd, the country’s third largest IT services provider, reported first quarter revenue marginally higher than what it had estimated. ... 
FINANCIAL PERFORMANCE:
Satyam Q1 net up 45 pcRevenues set to cross Rs 10,000 cr this fiscal. Hyderabad, July 18 Satyam Computer Services registered 43.20-per cent growth in software revenues and 44.77-per cent growth in net profit for the first quarter ended June 30, 2008 in comparison ... OUTLOOK: Satyam pursuing 20 large deals Business environment positive, more buys on cards. Hyderabad, July 18 Satyam Computer is in pursuit of at least 20 major deals in the range of $50 to $100 million and expects some of them to materialise during the quarter, according to Mr Ram ... 
ACCIDENTS:
Fire at Airtel office building hits mobile services in MumbaiUsers of Bharti Airtel mobile services in Mumbai could not make or receive calls for the greater part of the day; the firm claimed this was due to a fire in the building housing the telephony company’s office ... PERFORMANCE: Jobs shift to India helps iGATE TELECOMMUNICATIONS: IMImobile in AlwaysOn list Value-added services provider for mobile operators, IMImobile, has announced that it has been selected by AlwaysOn, as one of the AO Global 250 winners. The 6th annual list from the US company recognises the companies and industry leaders ... DIVERSIFICATION: Polaris to foray into realty The Polaris Software board has approved the company’s commencement of the real estate business activity. This is to ‘monetise’ the company’s existing real estate assets in Chennai and Gurgaon, and give the benefit to ... 
FINANCIAL PERFORMANCE:
Sasken bucks slowdown; profit up 115% in Q1Records improved earnings from software services. Bangalore, July 18 Sasken Communication Technologies Ltd reported a 115-per cent increase in its net profit at Rs 13.7 crore for the quarter ended June 30 over the corresponding period last ... GENDER: Helping women break the ceiling Bangalore, July 18 Nearly 20 per cent of the two million IT/ITeS workforce are women and not even three per cent have reached senior management levels and less than one per cent are in CXO positions. ... IT TRAINING: Maples ESM expanding overseas Coimbatore, July 18 Maples ESM Technologies Pvt Ltd is looking to expand its training centres ... CORPORATE DISPUTES: RCom, MTN call off talks for deal In a surprise development, Reliance Communication Ltd (RCom) said on Friday evening that the company and the South African telecom major MTN Group have mutually decided to call off their talks for a business deal. ... ENVIRONMENT: IBM launches more ‘green’ tools Bangalore, July 18 See Blue, Think Green — This is IBM’s latest tagline for its ‘green’ initiatives. As part of the launch of the second phase of its Project Big Green (PBG 2.0) in India on Friday, IBM has introduced ... OUTLOOK: Wipro sees higher revenues in H2 Chennai, July 18 Wipro Ltd on Friday sang the same tune that TCS and Infosys did in the past week: that ‘the environment is challenging’. The inference is that caution is the ... INFRASTRUCTURE: Elcot to build 50,000 sq ft of office space Tiruchi, July 18 The Electronics Corporation of Tamil Nadu (ELCOT) would build 50,000 sq ft of office space in each of the Information Technology Parks in the tier II cities of Tiruchi, Madurai, Salem, Tirunelveli, Salem and Hosur. ... FINANCIAL PERFORMANCE: Satyam delivers on profit growth; outlook clouded BL Research Bureau Satyam Computer has delivered a higher profit growth in the June quarter (17.3 per cent sequential growth) than its top tier peers, aided by volume growth, low growth in staff costs and a depreciating rupee. ... TELECOMMUNICATIONS: RCom handsets at Rs 999 Reliance Communications has announced the launch of LG 3000 colour handsets at Rs 999 in Karnataka. LG 3000 is a sleek handset which provides the convenience of a speaker phone and a long battery back-up and LMS (long message service). ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Related Topics Radar: Resources elsewhere Food: Who pays the price (Video) ADB World Outlook 2008 ADB's Outlook on India Union Budget 2008-09 Railway Budget 2008-2009 Economic Survey 2007-2008 In Focus Remembering Ramachander Ranbaxy-Daiichi deal People's car Other Top Stories Rabobank launches $100 m PE fund Allahabad Bank’s net profit slips 53% A favourable ruling on referral fee Satyam delivers on profit growth; outlook clouded Gujarat NRE plans Rs 450-cr greenfield project in AP Satyam pursuing 20 large deals Looking back Jul. 6-Jul. 12 IT consulting: Five opportunity areas in retail VAS providers want ‘fair’ revenue sharing BSNL drags down GSM user base growth Infosys betters guidance, pricing outlook clouded |
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