Business Daily from THE HINDU group of publications
Tuesday, January 06, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Tuesday, January 06, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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INFO-TECH MERGERS & ACQUISITIONS: Tata Tele merges tower biz with Quippo Quippo to get management control with 49% stake in merged entity. New Delhi, Jan. 5 Tata Teleservices on Monday announced its decision to merge its mobile tower company – Wireless Tata Tele Info Services Ltd (WTTIL) - with Quippo, a tower ... OUTLOOK: IT majors may miss Q3 revenue forecast: CLSA Bangalore, Jan. 5 Large IT firms such as Infosys Technologies Ltd and Wipro Ltd could well miss their December quarter earnings forecast, hurt by lower volumes and cross currency movements, said brokerage ... OUTSOURCING: Strong headwinds ahead for outsourcing vendors Slowdown to shift focus to hard asset-intensive biz: Tholons. New Delhi, Jan. 5 The global downturn is expected to impact the growth and margins of the vendors in the outsourcing space for the first 2-3 quarters of 2009, before picking up and ... SOFTWARE: Evaluations over, no pink slips: Satyam Hyderabad, Jan. 5 Satyam Computer Services has stopped issuing pink slips to its employees in a bid not to add to its problems following the aborted December 16 deal to acquire Maytas companies and the negative ... VENTURE CAPITAL: VC firms mull bridge loans for existing portfolio cos Hand-holding support during liquidity crisis. Bangalore, Jan. 5 Venture capital firms are now considering bridge loans to some of their existing portfolio companies as part of their hand-holding assistance to tide over the temporary liquidity ... NEW PROJECTS: Arbitron opens technology centre at Info Park Kochi, Jan. 5 Arbitron Inc, the international media and marketing research firm, has inaugurated its fully-owned subsidiary at Info Park here on Monday, which would provide employment opportunity to nearly 800 software professionals in the ... INTERNET: Pre-paid cards for e-tuitions at local shops EXTRAMARKS GETS ‘SMART’. New Delhi, Jan. 5 After mobile and television recharge coupons, it is now a recharge coupon for online ... SOFTWARE: IBM, Kotak Mahindra Bank in deal ... OFF-SHORE DEVELOPMENT: Infotech subsidiary in Japan ... MERGERS & ACQUISITIONS: ‘Tower’ing merger ... HUMAN RESOURCES: Hiring outlook positive; but at slower pace New Delhi, Jan. 5 The hiring outlook in IT/ITES sector in India remains optimistic in 2009 though the intent has gone down drastically from last ... SOFTWARE: Satyam shares fall 6% Mumbai, Jan. 5 Shares of Satyam Computer Services fell 6 per cent on Monday to Rs 166.90 as compared with the previous close of Rs 177.55 on the ...
INFORMATION TECHNOLOGY: Part and parcel of IT Now, a hand-held device to speed up the courier delivery process.. We’ve all been through this. The courier delivery man rings the bell to hand over a cover/parcel. To confirm delivery, he asks you to sign on the acknowledgement slip and ... HUMAN RESOURCES: Interview insights ... INTERVIEW: `Clients now ask probing questions' Any views on mergers and acquisitions (M&A)? Most Indian companies have that kind of cash. Any more on the horizon such as HCL ...
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