Business Daily from THE HINDU group of publications
Thursday, February 19, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Thursday, February 19, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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INFO-TECH SOFTWARE: Satyam board seeks CLB nod to induct strategic investor Wants to allot pref shares, raise authorised share capital. New Delhi/Mumbai, Feb. 18 The Government-appointed board of Satyam Computer Services Ltd on Wednesday sought the Company Law Board’s nod to induct a strategic ... TELECOMMUNICATIONS: ‘Solutions will drive Nokia consumption’ D. Shivakumar, VP and MD, Nokia India, says good innovation benefits the consumer, the ecosystem and the manufacturer.. The mobile phone is all poised to take the world by storm, believes D. Shivakumar, Vice-President and Managing Director, ... REGULATORY BODIES & RULINGS: DoT for amending TRAI board selection criteria To seek Cabinet nod on more operational freedom for the regulator. New Delhi, Feb. 18 With just under two months remaining for the current telecom regulator’s tenure to expire, the Department of Telecom has proposed to amend the criteria ... MERGERS & ACQUISITIONS: Norm for an exception SEBI’s heart was in the right place when it insisted on making a transparent amendment to its takeover regulations that would not be Satyam-specific but would be general and flexible enough to accommodate situations akin to ... HUMAN RESOURCES: More senior executives at Satyam set to quit Associates look for greener pastures as uncertainty looms. There seems to be no end to the woes of Satyam Computer Services, which is trying to find its feet after the Rs 7,136-crore fraud hit it ... SOFTWARE: Frontier Business to invest $4 m Frontier Business Systems will invest $4 million (Rs 20 crore) in its new ‘green data centre’ in Bangalore to expand its virtualisation services business. The 14,000-sq.ft. centre will house around 250 employees, according to ... ALLIANCES & JOINT VENTURES: Red Hat, Microsoft in pact Red Hat, Inc, the world’s leading provider of open source solutions, has signed reciprocal agreements with Microsoft Corporation to enable increased interoperability for the companies’ virtualisation platforms. Each company will join ... SOFTWARE: Narayana Murthy declines Lanka offer The Chairman and Chief Mentor of Infosys Technologies Ltd, Mr N.R. Narayana Murthy, has declined to be the IT advisor to the Sri Lankan Government. In a letter to the Sri Lankan President, Mr Murthy said he had decided to withdraw from being ... REGULATORY BODIES & RULINGS: TRAI proposes periodic audit of telecom players More transparency in revenue reporting required. New Delhi, Feb. 18 The Telecom Regulatory Authority of India has suggested that integrated telecom players, who offer a whole range of services, should be asked to submit the break-up of income ... SOFTWARE: SatNav to launch online products, on-call service next month Hyderabad, Feb. 18 SatNav Technologies is exploring opportunities to launch products in the online segment and also start an on-call service by end of ... CORPORATE GOVERNANCE: Bail plea of Raju brothers, ex-CFO dismissed again Hyderabad, Feb. 18 A city court on Wednesday dismissed the bail petition of the disgraced former Chairman of Satyam Computer Services, Mr B. ... FINANCIAL PERFORMANCE: Genpact net income rises 122% in 2008 New Delhi, Feb. 18 BPO major Genpact on Wednesday posted a net income of $125.1 million for 2008, up 122 per cent over 2007, while the revenue rose 26 per ... SOFTWARE: Sun Micro releases JavaFX for mobile devices Hyderabad, Feb. 18 The release of JavaFX Mobile platform marked the first day of Sun Tech Days 2009, the Indian leg of Sun Microsystems’ annual worldwide developer conference being held ... AWARDS & HONOURS: Intelenet on global leaders’ list Third party BPO service provider Intelenet Global Services has been recognised in the leaders category of the 2009 Global Outsourcing 100 list, compiled every year by the International Association of Outsourcing Professionals. The ranking is ...
HUMAN RESOURCES: The grip’s tightening Tech firms are pruning spending and the heat is on recruitment companies to keep the hiring going.. As the global economic crisis shaves off nearly $3 billion from India’s annual IT and BPO export target and a lower tech spending by ...
HUMAN RESOURCES:
Missing the opportunity
INTERVIEW:
Online space beckons 1. Fill in the blank: According to a new study from McAfee, cyber-crime has cost firms ______ globally ...
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