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INFO-TECH

OUTLOOK: Slowdown effect tells on TCS
Co says there has been cancellation/slowdown of orders in verticals such as BFSI and telecom. Mumbai, Jan. 15 Tata Consultancy Services has reported its third consecutive quarter of muted growth as it encountered a decline in IT spending by ...

ECONOMIC OFFENCES: KPMG can’t audit for Satyam, it’s not registered: ICAI
Hyderabad, Jan. 15 If Price Waterhouse, auditors for the crisis-hit Satyam Computer Services, has drawn widespread flak for its role, another global firm, KPMG, drew instant criticism after being called, along with Deloitte, by the new ...

PEOPLE: Satyam gets 3 more board members
New Delhi, Jan. 15 The embattled Satyam Computer Services board today got three more members — Mr Tarun Das, Mr T.N. Manoharan and Mr Suryakant Balkrishna Mainak — taking the total strength to six. This was announced by the ...

OUTLOOK: Satyam may need Rs 700-800 cr in January, says Karnik
Company looking at loans on commercial terms. New Delhi, Jan. 15 Satyam Computer Services’ immediate requirement could be close to Rs 700-800 crore, including payment of salaries to employees and outstanding debt, its newly-appointed board ...

ANNOUNCEMENTS: Business as usual, Nortel tells clients
Bankruptcy filings not to hit Asia arms. Bangalore/New Delhi, Jan. 15 Nortel Networks Corp, which filed for creditor protection on Wednesday, has assured telecom customers in the country of continuous service and management support, while Indian ...

INSIGHT: Stung by Satyam
India Inc braces for close scrutiny and tough questions from a nation smarting under the biggest fraud ever.. Some day in the future, when historians sit down to chronicle Corporate India’s history, they are most likely to divide it as BSS ...

INSIGHT: 3G for all? India can show how
The 3G technology is the next watershed in mobile telephony in India. It not only offers superior voice quality but also a wide range of compelling data services and a friendlier interactive experience. Auctions for 3G spectrum are nearing and ...

STOCKS: Telecom vertical under pressure for IT majors?
Nortel Networks filing for bankruptcy also adds to woes. After concerns about their BFSI (banking, financial services and insurance) clients facing turbulent times, IT services companies are now faced with worries relating to their telecom ...

ECONOMIC OFFENCES: Satyam: Govt not looking at direct assistance or bailout for now
New Delhi, Jan. 15 The Government is not looking at any direct assistance or bailout of Satyam Computer Services for now, a top Finance Ministry official ...

ECONOMIC OFFENCES: Satyam promoters’ role in 240 entities being probed
Investigators tracking source, transfer of funds. Hyderabad, Jan. 15 Investigating agencies probing into the Rs 7,136-crore financial fraud by Mr B. Ramalinga Raju, the former Chairman of Satyam Computer Services, have stumbled upon about 240 ...

FINANCIAL PERFORMANCE: GTL lines up initiatives to cut costs
Net profits down 18% for December quarter. Mumbai, Jan. 15 In a bid to stay competitive in the current economic environment, network services provider GTL Ltd plans to achieve annual cost savings of Rs 60-70 crore by implementing a slew ...

HUMAN RESOURCES: TCS not for hiring from Satyam
Mumbai, Jan. 15 TCS has said that it is not actively looking at hiring employees from Satyam ...

BROADBAND: TRAI wants ISPs to improve quality of broadband services
New Delhi, Jan. 15 Telecom Regulatory Authority of India has proposed to improve the quality of broadband services by specifying the maximum number of subscribers that can be packed into a single unit ...

INDUSTRY ASSOCIATIONS: Nasscom awaits Satyam numbers for revised forecast
Bangalore, Jan 15 The National Association of Software and Services Companies (Nasscom) may announce the revised growth estimates for the sector for the current fiscal ahead of its annual leadership summit next ...

EVENTS: Tech leaders’ meet
...

INFRASTRUCTURE: Land allotted for Thrissur IT park
Kochi, Jan. 15 The State Government, as part of its hub and spoke model of development of IT in the State, is establishing an IT park in Thrissur ...

VENTURE CAPITAL: Intel Capital invests $23 m in three Indian cos
Bangalore, Jan. 15 Intel Capital, Intel’s global investment organisation, on Thursday announced an investment of $23 million in three Indian companies: One97 Communications, a private independent provider of telecom-managed ...

M-COMMERCE: 1 lakh farmers subscribe to Thomson Reuters mobile alert
Mumbai/Chennai, Jan.15 Thomson Reuters has achieved one lakh subscription of Reuters Market Light (RML), a market intelligence service to farmers in their local language including crop prices from local markets, local weather forecasts, ...

TELECOMMUNICATIONS: Vodafone lifetime plan for Rs 99
...

FINANCIAL PERFORMANCE: Infotech net down 32 pc
Infotech Enterprises Ltd’ net profit declined 32.1 per cent to Rs 14.47 crore in the quarter ended December 31, 2008 compared with Rs 21.33 crore in the corresponding previous quarter. The revenue, however, grew by 31.6 per cent at Rs ...

From eWorld

HARDWARE: A new stream of revenue
Hardware players are wooing clients with new fare — virtualisation and consolidation are lures, for sure.. As the ripple effects of the global economic slowdown reach Indian shores, hardware giants such as Hewlett Packard, Sun ...

INTERVIEW: Your mobile number — for keeps
Indian mobile users will soon get the benefit of Mobile Number Portability (MNP), which will allow them to change their operator without having to give up their phone number. Navin Suri, Vice-President, Telcordia, one of the companies ...

SOFTWARE: Shot in the arm for patients
One patient at home is task enough so you can imagine how hospitals manage. Healthcare management software helps smoothen the work of both doctors and patients. In a burgeoning healthcare market, the iSOFT eHIS is an interesting ...

STOCK MARKETS: When every second counts
9:57 a.m.: “Your order is currently being ...

INTERVIEW: Falling short on security
There are serious gaps in information security, warns Teknotrends Software.. Many security aspects are being discussed threadbare in the context of the recent Mumbai terror attack. From an information technology (IT) perspective, the most ...

INTERVIEW: ‘Satyam case unlikely to slow offshoring rate’
Even given Satyam’s shocking disclosures last week, there still is no alternative to India as a location, says Value Leadership Group.. Satyam Computer Services’ pricing has been more aggressive causing its services to cost less than ...

BOOKS: Smart on the job
Who is better at work and multi-tasking — Net Geners or the older?. Who are better at work — the young or the older? To see whether young people really can multitask more effectively than older people, the Oxford Future of the Mind ...

HARDWARE: Visibility sells
If you are looking for a better return on your advertisement budget, or are considering newer channels of reaching out to customers, search engine marketing could be your answer.The medium, which is still relatively small in India, is ...

TELECOMMUNICATIONS: A little more privacy, please
...

CYBER QUEST: Quiz
V.V. Ramanan. 1. Name the first World Wide Web browser written for Windows PCs that debuted on June ...

CARTOON: Cartoon
“Can you call back a little later? He’s on the ...






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Markets (Jan 15)
Nifty (at close)2,736.70(-98.60)
US Dollar (Buy/Sell)49.06/07
Brent crude (a bbl) Rs2,205
Gold (a gram) Rs1,202
Silver (a kg) Rs18,260


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In Focus
Who is hiring?

More

Other Top Stories
Satyam: Govt not looking at direct assistance or bailout for now

3G for all? India can show how

Veg oil imports may slow down

Mumbai realty cos to showcase budget homes

Satyam promoters’ role in 240 entities being probed

TCS not for hiring from Satyam

Looking back
Jan. 4-Jan. 10
Satyam promoters’ stake falls below Aberdeen Group

Hiring outlook positive; but at slower pace

Evaluations over, no pink slips: Satyam

Equity sale by new telcos: TRAI seeks details

Satyameva jayate!

Price Waterhouse hides behind client confidentiality

Forrester sees delay in sales cycle

Satyam’s loss is others’ gain

IT vendors get ‘feelers’ from Satyam clients

Can confession help Ramalinga Raju?

IT majors prefer to park cash with Indian banks

HCL Tech, Genpact reach out to clients

Life



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