Business Daily from THE HINDU group of publications
Thursday, April 16, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Thursday, April 16, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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INFO-TECH OUTLOOK: Infosys forecasts decline in earnings in the year ahead Reports 29% rise in Q4 net profit, 1.7% fall sequentially. Bangalore, April 16 The impact of the economic meltdown on the country’s technology sector became more pronounced after Sensex bellwether Infosys Technologies Ltd reported its ... MERGERS & ACQUISITIONS: Satyam: Broking firms divided on Tech Mahindra’s wisdom Mumbai, April 15 Broking firms are divided over Tech Mahindra`s wisdom in acquiring a majority stake in Satyam Computer Services for Rs 58 ... HUMAN RESOURCES: Infosys freezes wage hikes, hiring Bangalore, April 15 Sensing a tough year ahead, Infosys Technologies has decided to freeze wage hikes and hiring for fiscal 2010 and maintained that it would honour all campus offers made ... SOFTWARE: What about ADR holders of Satyam? Tech Mahindra’s acquisition of 31 per cent of the share capital of the beleaguered Satyam Computer Services Ltd (Satyam) vide the preferential allotment route at Rs 58 per share has thrown up some interesting issues from the standpoint ... INTERVIEW: ‘Clients don’t have a firm number to spend’ Bangalore, April 15 For the first time Infosys forecast a de-growth in its dollar term earnings for the fiscal year ahead. Pricing pressure coupled with decline in volumes and a lack of clarity on the clients’ technology spends ... OUTLOOK: ‘Too early to talk of a recovery’ Bangalore, April 15 Infosys Technologies, which saw the global financial crisis put on hold its growth run, said it is too early to talk of a recovery and expects the uncertainty ... REGULATORY BODIES & RULINGS: DoT defends stand on Unitech, Swan deal Tells PMO it’s in line with Govt’s aim to attract FDI. New Delhi, April 15 The Department of Telecom has defended its stand on the deals struck by Unitech and Swan with Telenor and Etisalat respectively, on the grounds that it was in ... OUTLOOK: IT budgets in BFSI space to shrink 6-10% this fiscal: Infosys New Delhi, April 15 IT budgets in the Banking, Financial Services and Insurance (BFSI) space are expected to shrink about 6-10 per cent during FY10, a top Infosys official said on Wednesday. However, the company is seeing select opportunities ... CORPORATE GOVERNANCE: How Raju, his associates generated false invoices CBI cross-checks reveal most receipts were fake. Hyderabad, April 15 Mr B. Ramalinga Raju, the former Chairman of Satyam Computer Services and A1 in the Rs 7,136-crore fraud, had allegedly generated 7,561 false invoices to show a non-existent ... MERGERS & ACQUISITIONS: Satyam board moves CLB for stake sale to Tech Mahindra New Delhi, April 15 The board of Satyam Computer Services has sought the Company Law Board’s (CLB) nod for sale of stake to the highest bidder, ... SOFTWARE: Bhilai Steel goes live with ERP solution Kolkata, April 15 Bhilai Steel Plant’s ERP (Enterprise Resource Planning) got off to an impressive start a few days ago, with the Managing Director, Mr R. Ramaraju, having put in process the first invoice in the entire cycle routed ... FINANCIAL PERFORMANCE: Infosys China breaks even in fourth quarter Bangalore, April 15 Six years after it set up a subsidiary to address the neighbouring Chinese market, Infosys Technologies has achieved a break-even in that country on a quarterly basis during the January-March ... OUTLOOK: Formidable challenges ahead for Infosys Pricing declines worrisome. BL Research Bureau Infosys has reported its first sequential profit decline in several years, buckling to pressures from the global economic slowdown and cost pressure on clients. It has also provided a fairly sombre ... SECURITY: BT sets up security operations centre ...
PHOTOGRAPHIC & ALLIED PRODUCTS: ‘Snapping’ at each other’s heels? Is the camera phone eating into the digital camera market, or vice versa? eWorld talked to industry players for a clearer picture.. Eight megapixels, face detection, smile detection, image stabilisation, advanced shake reduction, variable ... INTERVIEW: ‘Keep IT going with e-gov’ AMD says it makes sense to look to the Government’s needs during tough times.. If Dickens were around today, he surely would describe the slowdown context as “the worst of all times.” The word ‘recession’ is now ... TECHNOLOGY: Just tag it RFID can make a difference in many segments, says this player.. Prasad was restless. He had been waiting for over an hour to collect his baggage at the Chennai International Airport, only to learn that the carrier in which he flew into India ... INTERNET: Sample these! I just have to write about this year’s fool’s day pranks on the Web. It so happens the best ones are from Google, as so often before. (See: And you thought big companies don’t have a sense of humour? ... SECURITY: Armed with information In the civilian sector, a network failure may cause inconvenience and monetary loss in most cases. In the case of the military and defence corps, the slightest system downtime may translate into a national security threat - an intolerable ... INTERVIEW: ‘IT opportunities outweigh challenges’ There is going to be a surge of innovative ideas and services during the slowdown, sys e4e India.. On the last day of the bygone fiscal, March 31, 2009, I had an interesting guest, Narasingarao Dataram, President, e4e India ( WEBSITE REVIEW: What’s the good word? This service aims to help the user build vocabulary through the mobile phone.. Are you finding yourself at a loss for words? Then, it’s time to fight the Limited Vocabulary syndrome. The problem can be chronic but if you have a mobile ... CYBER QUEST: Quiz V.V.Ramanan. 1. With which American giant has Intel announced an alliance to develop and market home-based health technologies to ... BOOKS: `We are what we click' ... as we continue to become more interactive with the information on our screens and at our fingertips, the way we live our lives will change.. If you want an example of how the Internet is changing the way we experience, look no further than ... NEW PRODUCTS & SERVICES: As cool as it can be One For All says its Aircon Universal Remote will allow the user to control up to three air-conditioners and that it works across leading brands, however obsolete or recent the model ...
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