Business Daily from THE HINDU group of publications
Friday, January 30, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, January 30, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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INFO-TECH CORPORATE GOVERNANCE: Spice Group keen to acquire 51% in Satyam: B.K. Modi Satyam board member Tarun Das says 6-7 firms interested in buy-out. New Delhi, Jan. 29 As many as six to seven companies – including global and Indian entities and PE firms – are interested in completely buying out the scam-stung ... HUMAN RESOURCES: Accenture employees go without leave till March 31 IN FULL CHARGE. Bangalore, Jan. 29 If you happen to be an Accenture employee in India, you will have to stop dreaming about taking leave at least for the next couple of ... SOFTWARE: Smaller IT vendors feel the pinch of global meltdown Low volumes, pricing pressure drag down sequential growth. Bangalore, Jan. 29 The economic downturn has impacted the small and mid-sized IT firms more than their larger counterparts as evident in the rather sluggish sequential growth for the ... CORPORATE GOVERNANCE: 18 banks have Rs 660-cr exposure to Satyam No need to worry much, says RBI official. Hyderabad, Jan. 29 Eighteen banks, which include both Indian and multi-national entities, have varying degrees of exposure to the crisis-ridden Satyam Computer Services. The information, gathered by the ... TELECOMMUNICATIONS: MTNL to offer 3G services from Feb 5 Private operators will have to wait for GoM decision. New Delhi, Jan. 29 Mahanagar Telephone Nigam Ltd is all set to launch third generation mobile services commercially on February 5 even as private operators’ roll-out plans have got ... IT TRAINING: le@rning We’re often told that learning can be fun, but what about teaching? Do teachers and parents need help, just as children do — to be more organised, more efficient? EZ Vidya, an educational consulting and services company, ... SOFTWARE: Elecon staff get Corsoft’s ‘emergency’ solution Motivated by communication hurdles during Mumbai terror strike. Material handling equipment major Elecon Engineering Company Ltd has announced its association with California-based Corsoft by deploying ICE (In Case of Emergency) solution as part ... INSIGHT: Regulation for user-friendly 3G In my previous articles, I had shared some thoughts on how India could take the leadership position vis-À-vis 3G technology. It would need to create an ecosystem of operators, vendors and regulators working together to drive the next wave ... FINANCIAL PERFORMANCE: Four Soft net up at Rs 10.7 cr Four Soft, a software solutions provider for the transportation and logistics industry, has registered a net profit of Rs 10.7 crore for the quarter ended December 31, 2008, against Rs 3.6 crore in the corresponding period last year. According to ... NEW BUSINESS: IBM bags Rs 93-cr Idea deal IBM has bagged a Rs 93-crore ($19.2 million) add-on deal from Idea Cellular to integrate the information technology operations of the telecom operator in two circles of Punjab and Karnataka. Idea Cellular recently launched its services in ... SOFTWARE: EdServ Softsystems plans IPO Mumbai, Jan. 29 EdServ Softsystems, an e-learning company, would be tapping the capital market with an initial public offering of 39.7 lakh equity shares of Rs 10 each. The shares are proposed to be listed on the BSE and NSE. The price will ... BROADBAND: USO fund launches scheme to support wireline broadband New Delhi, Jan. 29 With the auction for broadband wireless spectrum getting delayed further, the Universal Services Obligation fund administrator has launched a scheme to financially support wireline-based broadband connections in ... INFRASTRUCTURE: Kerala to adopt 3-brand strategy for new IT parks Thiruvananthapuram, Jan. 29 The Kerala State Information Technology Mission is adopting a three-brand strategy for setting up new district-level IT parks in the ... OFF-SHORE DEVELOPMENT: ‘China poses serious threat in R&D offshoring space’ Bangalore, Jan. 29 Increased government support, a large domestic market and huge availability of local workforce could position China as a serious competitor to India in the R&D offshoring space, according to Zinnov ... HUMAN RESOURCES: Satyam workforce: Audit scrutiny to be ready soon Hyderabad, Jan 29 The internal audit verification undertaken by KPMG and Deloitte to validate the total staff strength of Satyam Computer Services, which is facing charges of inflating these numbers from investigating CID of Andhra Pradesh, ... OUTSOURCING: HCL Tech in outsourcing pact with Nokia New Delhi, Jan. 29 Indian IT services major HCL Technologies on Thursday announced it has entered into a multi-year, multi-regional end-to-end global helpdesk and desktop management outsourcing services agreement ... SOFTWARE: Fidelity buys more Satyam shares Mumbai, Jan. 29 Foreign institutional investor Fidelity has bought more than two crore shares of Satyam Computer in the last two days through the bulk deal ... FINANCIAL PERFORMANCE: Subex net loss at Rs 15.7 cr Bangalore, Jan. 29 Subex Ltd, a provider of operations and business support systems for communication services providers, reported a net loss of Rs 15.74 crore for the ... VENTURE CAPITAL: Norwest invests Rs 20 cr in Appnomic Bangalore, Jan. 29 Norwest Venture Partners has invested Rs 20 crore in the Bangalore-based Appnomic Systems, an infrastructure management services ... INTERNET: Hotels.com’s India Web site Mumbai: Hotels.com has launched an India Web site, catering to the needs of Indian travellers. The site can be found at www.hotels.com or ...
OFF-SHORE DEVELOPMENT: Queuing up for India The Satyam episode will not slow down the offshoring momentum and India will remain the destination of choice, say industry people.. Is the offshoring wave receding from Indian shores on the back of the Satyam episode? This is the question ... SECURITY: Missing the message? A recent US report has downplayed fears of child Internet safety, sparking off strong criticism.. For all its amazing usefulness to many sections of society, the Internet remains a centre of controversy. As against millions of those who swear ... INTERVIEW: ‘The battle’s in your inbox’ Symantec sounds warning on ‘social engineering’ spam that taps tragedies to trap users.. When tragedy strikes, spammers aren’t far behind to capitalise on the chance to play dirty. The battle is right there in your inbox. ... INTERNET: Bringing them into the loop Computer programmer draws N-E States into the social networking scene.. There are those who lament that the Indian IT industry is rather limited to low-end services and there is hardly any innovation that one gets to see.But innovation is taking ...
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