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Wednesday, April 29, 2009
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MERGERS & ACQUISITIONS: SEBI wants Bharti to clarify on stake hike
New Delhi, April 28 The Securities and Exchange Board of India has sought clarifications from Bharti Group on whether the company has violated its norms by increasing promoter’s stake in Bharti Airtel from 60.91 per cent to 67.03 per ...

HUMAN RESOURCES: Wipro Tech to hire 8,000 for BPO arm this fiscal
Hyderabad, April 28 Wipro Technologies has announced that it would recruit 8,000 employees to its business process outsourcing (BPO) arm Wipro BPO this financial ...

INFRASTRUCTURE: Pity Smart City
The controversy-laden Smart City project in Kochi has once again come up short against a stumbling block, as both the Kerala Government and the project's Dubai-based promoters differ over the terms of their agreement.. Last week brought a fresh ...

SOFTWARE: Swine flu: IT majors closely monitoring Mexican centres
Taking precautionary measures to ensure safety of workers. New Delhi, April 28 With swine flu outbreak in Mexico now triggering fears of a global pandemic, Indian IT companies – which have operations in Mexico – have swung into ...

NEW PRODUCTS & SERVICES: GSM mobile PCO unveiled
Bharat Sanchar Nigam Ltd (BSNL) has introduced GSM (global system for mobile communication) public call office (PCO) for customers in the Tuticorin Telecom District. According to Mr N.R. Natarajan, General Manager, BSNL, Tuticorin, the ...

ALLIANCES & JOINT VENTURES: AMD signs pact with FXLabs
Hyderabad, April 28 Eyeing a huge market for its new generation graphics technology in India, AMD has signed an agreement with the Hyderabad-based gaming development ...

TELECOMMUNICATIONS: New mobile
...

FINANCIAL PERFORMANCE: Hexaware Tech posts 17% dip in Q1 profit
Mumbai, April 28 IT solution company Hexaware Technologies has reported a 17.1 per cent dip in net profit for the first quarter ended March 2009 as the company encountered forex losses in a challenging macro ...

OUTSOURCING: StanChart expanding call centre operations
Chennai, April 28 Standard Chartered is expanding the call centre operations of its outsourcing hub Scope International in India. The staff strength in the call centre operations of Bangalore and Chennai together could double over the year ...

FINANCIAL PERFORMANCE: Tata Elxsi net up at Rs 23 cr
Tata Elxsi Ltd, the product design arm of Tata group, reported a 31.35 per cent rise in consolidated net profit to Rs 23.12 crore for the fourth-quarter ended March 2009 against Rs 17.58 crore in the corresponding previous ...

OUTLOOK: Accenture looks at providing cost-cut solutions to banks
New Delhi, April 28 With high performance efficiency becoming a mantra for most banks in India in the current slower growth environment, Accenture sees a huge scope for providing “cost reduction” strategies and solutions to banks ...

From eWorld

FINANCIAL PERFORMANCE: Can’t see the top
The latest quarter earnings of tech players spell little cheer. The clouds still hover.. Uncertainty will continue to haunt the Indian IT sector for the year ahead even as companies desperately await clarity on downturn-hit customers’ ...

TECHNOLOGY: With thee by my side...
How often do you sleep with your mobile phone by your side? Do you keep it under ...

RAILWAYS: In defence of the computer
Whatever be the political postures, technology has brought in many benefits. Witness the change in the rail ticket reservation process.. Mulayam Singh Yadav’s assertion that his party won’t allow computerisation is an old ghost ...

INTERVIEW: ‘Rate per hour metric doesn’t help’
Precisely why Infosys is trying to move deal consultants and clients to industry specific measurements and metrics, says the CEO.. What is your hobby, you ask, hoping you can catch your first-ever round of golf with him sometime, but all he says ...

INTERVIEW: SME market is the place to be…
…for ERP vendors, avers Ramco Systems.. A simple study of the timeline of ‘Ramco Systems’ on Google News shows sudden activity in 1989, followed by years of lull, and then a gradual build-up from 1994 to 2003. However, the only ...

E-COMMERCE & E-BUSINESS: Sold on the Web
This youngster is keen to tap the Net for business.. For a student of class X, young Vishnu Prasad’s understanding of the Internet is amazing. Listen to him for five minutes and you realise that the lad aims to emerge a business tycoon ...

SOFTWARE: Towards ‘citizen relationship management’
Talisma says its solution will help citizens track the progress of complaints submitted to authorities.. Consider this: Your name is misprinted in your ration card. Or better still, there is an addition to your family — could be a ...

ENTERTAINMENT & LEISURE: Another Indian game for Western players
Los Angeles-based PCB Productions zooms in on India.. Sony PlayStation’s first made-for-India game based on a mythological theme — Hanuman: Boy Warrior — for a global audience has caught the fancy of International game ...

WEBSITE REVIEW: Positive step against AIDS
There was a time when we associated the word AIDS with the economically deprived or those with less access to education. Today we know AIDS is on the rise among white collar workers. At a time when corporate India is gearing to meet what ...

CYBER QUEST: Quiz
V.V. Ramanan. 1. Peter Sunde, Gottfrid Svartholm Warg, Fredrik Neij, and Carl Lundström, who were in the news recently, have been the brains behind which site that has run ...

BOOKS: Growing a bank through the punched card era
How SBI adapted to change with the use of technology.. When a large organisation has an expansion programme, there is an opportunity to introduce rationalisation without tears. That was the view of John Matthai, the first chairman of the State ...

NEW PRODUCTS & SERVICES: More for e-governance
FTK Technologies, the Israel-based company that offers vernacular computing in 10 Indian languages through its patented flagship software product LooKeys, has launched its special version for e-Governance applications. LooKeys-E-Gov ...

NEW PRODUCTS & SERVICES: For the SMB
Xerox India has announced the launch of Phaser 3435 laser printer, designed specifically for the SMB segment of customers. The printer supports automatic two-sided printing and printing speed of 33 pages per minute for A4 size prints, says ...

CARTOON: Cartoon
...






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Markets (April 28)
Nifty (at close)3,362.10(-108)
US Dollar (Buy/Sell)50.51/52
Brent crude (a bbl) Rs2,476
Gold (a gram) Rs1,364
Silver (a kg) Rs22,250


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‘Mobile users rate network quality ahead of tariff’

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