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Tuesday, April 21, 2009
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FINANCIAL PERFORMANCE: TCS posts 7% rise in Q4 net profit; forex losses at Rs 192 cr
Mumbai, April 20 The current economic crisis coupled with losses related to forex hedging continued to weigh down the financials of Tata Consultancy Services, which reported a seven per cent rise in consolidated net profit for the three ...

MERGERS & ACQUISITIONS: ‘Satyam to continue as independent entity’
Tech Mahindra to announce open offer for 20% today. Hyderabad, April 20 Tech Mahindra, which has deposited Rs 2,910 crore to acquire 51 per cent stake in Satyam Computer Services, has said that it will allow Satyam to continue as an independent ...

MERGERS & ACQUISITIONS: Oracle acquires Sun Microsystems for $7.4 b
Complementary deal for both cos, say analysts. Bangalore/New Delhi, April 20 Business software vendor Oracle Corp inched a bit closer to rivals IBM Corp and Hewlett Packard Corp in terms of providing integrated software and hardware solutions ...

SOFTWARE: ‘We want to grow to number one position’
Immediate concern is to create governance layer: Anand Mahindra. Hyderabad, April 20 It’s just not ‘business as usual’ but ‘business better than usual’ at Satyam ...

FINANCIAL PERFORMANCE: Polaris Q4 net up 50%
To expand into new geographies. Chennai, April 20 Polaris Software Lab Ltd has reported a 50 per cent increase in net profit to Rs 32.11 crore for the fourth quarter ended March 2009 against Rs 21.45 crore for the corresponding quarter last ...

SOFTWARE: TCS to hire 250 freshers for US centre
Mumbai, April 20 Tata Consultancy Services plans to recruit 250 freshers for its global development centre in Cincinnati in the US over the next three to six months. This centre currently employs under ...

SOFTWARE: ‘No plans to shift Satyam headquarters’
Hyderabad, April 20 Satyam Computer Services is no sinking ship, according to Mr Anand Mahindra, Chairman of Tech Mahindra, the new owner. “I don’t believe that it is a sinking ship. It is not a racing car yet. We will make ...

TELECOMMUNICATIONS: ‘Seek legal view before allocating more spectrum to existing GSM players’
New Delhi, April 20 The Communications Ministry has asked the Department of Telecom to seek legal opinion before allocating any more spectrum beyond 6.2 Mhz to existing GSM-based mobile ...

SOFTWARE: Sudden fall in client revenue a worry: TCS
In an economic environment filled with uncertainty, what worries Tata Consultancy Services is not deal pipeline or deal ...

NEW PRODUCTS & SERVICES: Tata Tele launches GPS service
New Delhi, April 20 Tata Teleservices Ltd on Monday announced the launch of Assisted Global Positioning System (A-GPS) service, which will enable its CDMA subscribers to pinpoint locations of interest or track vehicles and consignments ...

INTERNET: Web site for world investors meet launched
Kochi, April 20 The Web site of ‘Focus Kerala – the world investors meet’ organised by the Kerala Chamber of Commerce and Industry was inaugurated by the Minister of Industries, Mr ...

PEOPLE: Jawahar Bekay is new COO of Microland
Bangalore, April 20 Microland Ltd, a provider of IT infrastructure management services, announced the appointment of Mr Jawahar Bekay as Executive Director and Chief ...

TRENDS: TCS’ numbers reflect slowing client IT budgets
BL Research Bureau The March quarter results of TCS broadly followed that of Infosys Technologies in as far as the revenues and profits decline on a sequential basis are concerned. Compared to the December quarter, the revenues fell 1.5 per ...

From eWorld

OUTSOURCING: Two heads are better than one
Companies are turning to their own employees for smart ideas to tide over the slowdown. Sample these suggestions!. A leading BPO recently realised that that many-a-time employees would go on leave without any prior information. Consequently, ...

BOOKS: True stories from call centres
150 narratives give a peek into the BPO industry.. Here is a book ‘dedicated to all of India’s BPO and call centre men and women who took the leap of faith into a new industry, braved the initial chaos and growth pains, weathered the ...

SECURITY: A ticking time bomb?
Security experts focus on the Conficker threat.. If you’re looking for a digital Pearl Harbour, we now have the Japanese ships steaming towards us in ...

TECHNOLOGY: The show goes on
"The mobile industry is witnessing a stupendous growth on both fronts - metros and major towns, as well as from new markets in Circle C and Circle B States.". Recession or no, companies in the consumer technology space appear to be going ahead ...

TELECOMMUNICATIONS: Consumer may vote for 3G
But building a business case for the technology is both challenge and opportunity.. The buzz is all about 3G these days. The mobile phone user generally understands 3G technology as something that will offer him better quality, and faster, ...

INTERNET: Games with a message
Online initiative makes it easier to understand child rights.. Psychologists the world over say that’s there’s no one so worried as a child. Before you laugh it off think a while. For children who are yet to learn and experience the ...

INTERVIEW: Tracking the buzz
Telecom industry veteran says wireless voice and non-voice services will continue to grow. It is with a reassuringly positive thought that my interaction with Rahul N. Saxena, Managing Director, Verizon Data Services India P Ltd, Chennai, ...

CYBER QUEST: Quiz
V.V.Ramanan.

1. Vevo, a new music and video entertainment service, set for launch later in 2009, is a ...

CARTOON: Cartoon
“Let me put it this way — mommy wants you to login into the dining room, have a voice chat with her and download ...






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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
‘Seek legal view before allocating more spectrum to existing GSM players’

Interest payments: Tax norm tightened for large cos

Diesel imports likely to come down

After ten bouts, two veterans hang up the glove

Surveillance satellite put in orbit

Axis Bank Q4 net up 61% on growth in income

Winning Tamil votes with Eelam

‘We want to grow to number one position’

Looking back
Apr. 12-Apr. 18
A corporate saga that raised several questions

Satyam has 48,000 staff on its rolls

Polaris to focus on insurance sector

What about ADR holders of Satyam?

Satyam board moves CLB for stake sale to Tech Mahindra

Life



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