Business Daily from THE HINDU group of publications Thursday, April 30, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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INFO-TECH REGULATORY BODIES & RULINGS: Revenue dept queries Vodafone’s tower plan Is it a case of ‘round tripping’?. New Delhi, April 29 Vodafone Essar’s plan to hive off its tower infrastructure into a separate company has hit a bump with the Department of Revenue raising questions on whether the proposed ... FINANCIAL PERFORMANCE: Bharti Airtel’s Q4 net profit rises 21% Revenues up 26%; maiden dividend of 20%, stock split announced. New Delhi, April 29 Bharti Airtel Ltd reported a 21 per cent increase in its net profit to Rs 2,239 crore for the fourth quarter ended March 31, 2009 compared with Rs 1,853 crore ... SOFTWARE: Tech Mahindra now focuses on Satyam’s clients Executives to fly to customers and inspire confidence in them. Hyderabad, April 29 Tech Mahindra, the new owner of Satyam Computer Services, has initiated moves to win the confidence of the clients of ... TELECOMMUNICATIONS: DoT rejects pact with Defence Ministry on spectrum New Delhi, April 29 The Department of Telecom has refused to sign the memorandum of understanding with the Ministry of Defence on grounds that it could not accept the conditions set by the armed forces for releasing ... PEOPLE: Rejig at Satyam helm after another exit Hyderabad, April 29 In less than 10 days after Tech Mahindra successfully bought into Satyam Computer Services, the latter has seen a minor shake-up at the top. The changes have been necessitated following the quitting of Mr Virender ... SOFTWARE: Nasscom to press for STPI benefits The National Association of Software and Services Companies (Nasscom) today avowed to lobby hard with the new government for not ending the fiscal incentives under the Software Technology Parks of India ... FINANCIAL PERFORMANCE: MTNL incurs Rs 84-cr loss on rise in staff costs New Delhi, April 29 Mahanagar Telephone Nigam Ltd (MTNL) reported a net loss of Rs 83.8 crore for the fourth-quarter ended March 31, primarily due to increased staff costs. The company had reported a net profit of Rs 173.73 crore in ... TELECOMMUNICATIONS: Number portability likely in 4 circles by September Bangalore, April 29 Mobile users in Kolkata metro and in the telecom circles of Karnataka, Andhra Pradesh and Tamil Nadu can change the service provider by September while retaining ... FINANCIAL PERFORMANCE: ICSA net dips Hyderabad: ICSA India Ltd has posted a lower net profit of Rs 34.05 crore in the quarter ended March 31, 2009, against Rs 37.45 crore in the corresponding quarter last year. The total revenue was put at Rs 287.14 crore (Rs ...
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 ...
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