The Hindu Business Line : Thursday, October 23, 2008

INFO-TECH

SOFTWARE: TCS posts marginal rise in Q2 net on forex hedging losses
Mumbai, Oct. 22 The country’s largest software company Tata Consultancy Services reported flat growth in net profit for the second quarter ended September 2008 as it encountered losses related to forex hedging and made provisions for ...

SOFTWARE: Wipro Q2 profit grows 19%; muted outlook forecast
Bangalore Oct. 22 Software-to-soap maker Wipro Ltd said its second quarter profits grew almost by a fifth aided by a weak currency and operational efficiencies, but forecast a muted outlook for its IT business in the December quarter ...

OUTLOOK: Wipro sees changes in deal structures
To adopt transformation approach as clients seek faster returns. Bangalore, Oct. 22 Wipro Ltd has said it is witnessing changes in the outsourcing deal structures in a slowing global economy as transformation component becomes more prominent, ...

SOFTWARE: On-site assignments being deferred
US slowdown begins to hurt. Hyderabad, Oct. 22 One of the main lures of a career in information technology (IT), the onsite opportunities to work aboard, have come to an all-time low, thanks to the financial crisis and economic slowdown in the ...

SOFTWARE: Wipro has $700 m debt; to conserve cash for growth
Bangalore, Oct. 22 Loaded with a $700-million debt on its balance sheet, Wipro Ltd is now looking at conserving cash to fuel its growth initiatives. The company has not declared any interim dividend for fiscal 2009. It currently had a ...

TELECOMMUNICATIONS: Airtel scores with DTH campaign
New Delhi, Oct. 22 Hot on the heels of its digital TV launch, Airtel and its ad agency have started work on launching a campaign for Airtel’s proposed IPTV services. The company claims the DTH campaign, starring 10 celebrities in ...

HUMAN RESOURCES: Cos going slow on lateral hires
Bangalore, Oct.22 The HR departments of IT companies across all levels have been asked to go slow on hiring laterals for the coming quarter. According to HR sources, talent acquisition at large companies is now only for ...

RADIO/TV: Sun Direct enters National Capital Region
Betting on ‘reasonably’ priced services. New Delhi, Oct. 22 Sun Direct, the Direct-to-Home arm of the Sun Group, is gearing up with an investment of Rs 150 crore this fiscal to win over north Indian markets with ...

SOFTWARE: HCL Tech gets shareholders’ nod to borrow Rs 4,000 cr
New Delhi, Oct. 22 HCL Technologies — which is eyeing acquisition of UK-based Axon Group – has announced that it has received shareholders’ approval to borrow up to Rs 4,000 crore outstanding at any time, over and above ...

ELECTRONICS: Canon launch
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HUMAN RESOURCES: TCS confident of meeting hiring targets
Mumbai, Oct. 22 Inspite of a slowdown in the US, TCS has said that it is on course to meeting its annual hiring target of 30,000 to ...

RADIO/TV: Big FM’s event management unit
Chennai, Oct. 22 Exploring other non-traditional revenue streams to add to its topline, Adlabs’ Big FM recently launched – Big Event – a separate division for event management on the B2B ...

SOFTWARE: New GPS tool
New Delhi, Oct. 22 MapmyIndia, has announced a new GPS and map solutions that claims to make travel in India safer. iNav, a GPS-based application for mobile phones, transmits one’s location over mobile phone anywhere ...

SOFTWARE: Mr C. Mahalingam, Symphony Services Ltd; SASTRA University, Thanjavur
There is a tremendous scope for the domestic IT industry and the present crisis in the US will blow over in six or eight months, according to Mr C. Mahalingam, Senior Vice-President of the Bangalore-based Symphony ...

From eWorld

M-COMMERCE: This one is no easy call
Imagine using your mobile phone to pay for your groceries at the supermarket using your credit card facility, transfer funds from your bank account to your parents’ account in their village, buy travel and movie tickets and, perhaps, even ...

SECURITY: Fight child pornography
Nothing short of an obsession to root out this menace will work, if we are to make the world a safer place.. Every instance of child pornography, wherever it comes from, reinforces my uneasy feeling that it is one crime that is under-reported ...

INTERVIEW: `Made for each other? Not always'
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BOOKS: Alternatives to downsizing
How about cutting back on hours of work per week, or reduced salaries?. Downsizing does not solve an organisation’s problems, says Donald W. Huffmire in Handbook of Effective Management (
INTERVIEW: What 3G means to you and me
Qualcomm explains the technology in terms of the services it would offer the mobile user.. Everyone and anyone related to the telecom industry these days talks only about third generation or 3G services. But what does 3G really mean for the end ...

HARDWARE: Different strokes
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CYBER QUEST: Quiz
V.V.Ramanan. 1. Name Google’s new feature, as CNET describes, “designed to prevent you from sending stupid e-mails in the small hours, when you’re most likely to be inebriated and at risk of making a complete idiot ...

COMPUTER USAGE: Spike buster and UPS load
Are spike buster and surge suppressor the same devices or different? I also would like to know why laser printers should not be connected to the UPS. The literature that comes with the UPS cautions against using surge suppressors and ...

SOFTWARE: Don’t lose grip
Forrester on what India needs to do to raise the global competitiveness of its tech economy.. With India slipping further in the global IT industry competitiveness index this year despite its offshore IT prowess, Forrester has said that stepping ...

CARTOON: Cartoon
“Go back home — His Highness gets enough jokes on ...