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INFO-TECH
FINANCIAL PERFORMANCE:
RCom net rises 24%
Higher subscriber additions help beat lower ARPU. Mumbai, July 31 Higher subscriber additions coupled with strong growth in its broadband business helped Reliance Communications report a 24 per cent rise in net profit, even as the average ...
TELECOMMUNICATIONS:
Sony Ericsson radio mobiles for non-FM towns
Hyderabad, July 31 Sony Ericsson on Thursday announced the launch of two radio-packed mobile phones with AM facility targeting cities without FM. ...
FINANCIAL PERFORMANCE:
Offshoring lifts HTMT Global Q1 revenues to Rs 178 cr
Bangalore, July 31 HTMT Global Solutions Ltd, provider of outsourcing solutions, reported a 17-per cent growth in revenue in the first quarter, helped by increased off-shoring by clients, and said it expected good business in the second ...
FINANCIAL PERFORMANCE:
Cambridge Tech gains from buys
Cambridge Technology Enterprises Ltd (CTEL) registered sales income of Rs 47.48 crore with net profit of Rs 5.37 crore for the first quarter ending June 30, 2008 as against total sales of Rs. 10.08 crore and net profit of Rs.1.75 crore for the ...
SOFTWARE:
Persistent Systems to tap capital market
Also to consider pre-IPO placement. Pune, July 31 Persistent Systems, a software product development services company, has plans to enter the capital market. ...
NEW PRODUCTS & SERVICES:
Infosys launches real-time store management software
Allows insights into shopper, shelf activity. Bangalore, July 31 Infosys Technologies Ltd, India’s second largest IT services provider, said on Thursday that it launched ShoppingTrip360, a platform that enables a suite of ...
FINANCIAL PERFORMANCE:
Geodesic net up 103%
Strong revenue growth from its enterprises segment has led Geodesic Information Systems Ltd to report a 103-per cent rise in net profit to Rs. 58.44 crore for the June quarter as compared to Rs 28.73 crore reported in the same quarter a year ...
MERGERS & ACQUISITIONS:
GSS America close to acquisition
Hyderabad, July 31 GSS America Infotech has short-listed a US company with revenues of about $100 million for acquisition and is in the process of conducting due ...
TELECOMMUNICATIONS:
Stage set for telecom policy initiatives
New Delhi, July 31 The Communications and IT Minister, Mr A. Raja, is expected to announce major policy initiatives for the telecom sector on Friday including guidelines for third generation mobile, pricing for excess spectrum for existing ...
ENVIRONMENT:
Patni opens green BPO centre in Noida
New Delhi, July 31 Patni Computer Systems has announced the launch of its first green IT-BPO knowledge centre in Noida with a seating capacity of over 3,500. ...
FINANCIAL PERFORMANCE:
Mindteck posts Rs 5.5 cr net
Bangalore, July 31 Bangalore-based Mindteck (India) Ltd, an IT services company, reported net profit of Rs 5.54 crore on revenue of Rs 73.36 crore for the first quarter ended June ...
FINANCIAL PERFORMANCE:
Virtusa revenue up, net slips
Hyderabad, July 31 Virtusa Corporation registered revenues of $42.5 million with net profit of $0.8 million for the quarter ending June 30, as against revenues of $37.44 million and profit of $2.6 million for the corresponding quarter last ...
EVENTS:
Technopark to co-host job fair
OUTSOURCING:
Genpact to support Hyatt team
New Delhi: BPO major Genpact has announced that it has signed a five-year contract to provide finance and accounting services to Hyatt Shared Service Center, LLC. The decision to re-engineer and globalise these services is part ...
EVENTS:
US students visit Technopark
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