The Hindu Business Line : Tuesday, July 07, 2009

INFO-TECH

BUDGET: ‘IT industry must learn to stand on its own legs’
We’ve to look at other ways to stay competitive: Lakshmi Narayanan. Bangalore, July 6 The Union Budget has turned out to be a bitter-sweet pill for the domestic IT ...

INSIGHT: Major changes to transfer pricing
Since the introduction of Transfer Pricing Regulations in 2001, certain significant issues and controversies have arisen, which required appropriate resolution through issuance of necessary administrative guidelines and/or suitable amendments to ...

BUDGET: CVD on handsets waived for a year
New Delhi, July 6 The Finance Ministry has decided to waive the 4 per cent countervailing duty on mobile handset components and accessories for another ...

BUDGET: 3G auction revenues seen higher at Rs 35,000 cr
35% of non-tax revenue from telecom sector likely. New Delhi, July 6 The Government has drastically scaled up the estimated income from auctioning 3G ...

BUDGET: Sigh of relief on transfer pricing
New Delhi, July 6 The Government’s plans to create an alternative dispute resolution mechanism for resolving transfer pricing issues as well as formulation of ‘Safe Harbour’ rules are expected to come as a relief ...

BUDGET: Uncertainty continues to haunt SMEs
‘One-year extension is too short to plan for future expansion’. Bangalore, July 6 The expansion plans of small and mid-sized IT and BPO companies could be impacted by the uncertainty posed by the second successive one-year extension ...

BUDGET: Rs 120 cr-outlay for unique ID project
New Delhi, July 6 Setting the stage for implementation of the ambitious National ID card project, the Finance Minister, Mr Pranab Mukherjee, said on Monday that the first set of unique identity numbers would be rolled out in 12-18 months. ...

BUDGET: Reason to cheer for IT
The Budget is a mixed bag for the information technology (IT) sector. First, the bag of goodies. The sunset for the tax holiday under Section 10A/B has been extended by one year and the IT sector can now breathe easy up to March ...

BUDGET: STPI relief extension welcomed
“The Finance Minister has announced multiple catalysts in the Budget to spur the overall growth of the industry, says Mr R. Chandrasekaran, President and Managing Director, Global Delivery, Cognizant ...

ESOPS: FBT is now employees’ burden
Bangalore, July 6 The reintroduction of the perquisite tax could largely neutralise the impact of the scrapping of the fringe benefit ...

BUDGET: ITI gets Rs 2,820 cr ahead of sell-off
New Delhi, July 6 The Government has allocated Rs 2,820 crore to the loss-making manufacturer of telecom equipment, ITI. in a move aimed at cleaning up the PSU’s balance ...

IT TRAINING: Technology overdrive
Educomp Solutions, NIIT and Everonn Systems may be the key beneficiaries of the Budget proposal to provide greater allocation to the ‘Mission in Education through IT’ scheme. All the three companies, especially Educomp and NIIT, ...

From eWorld

HUMAN RESOURCES: On a roll
Slowdown or not, it looks like salary increment just below the top level of the tech sector are just what the doc ordered for depressed souls.. Indian IT employees have long been associated with long working hours, stressful deadlines and high ...

INTERVIEW: ‘Xchanges’ with India
British BPO company talks of its expansion plans.. British BPO firm Xchanging plc, which holds more than 75 per cent stake in the Bangalore-based Cambridge Solutions Ltd, has big plans for the Indian market. Over the next three years, the ...

OUTSOURCING: Outsource your tech shopping
Start-up offers outsourcing in a new avatar.. Recently, when a library chain in Bangalore wanted to build an IT platform, it decided to try a new recipe.It was neither interested in investing in an in-house IT team, nor was it keen to outsource ...

INTERNET: Caught in the crossfire
If you think the world is a peaceful place (except for some hotspots), you are wrong. There is a major war in progress and it will go on as long as the world exists. I am talking about ...

INTERVIEW: Telecom wants positive tone
Industry hopes Government will take its call in Budget.. As the telecom sector has been growing at a fast pace and has significantly contributed to the economic growth and development of the country, it should be given equal importance and ...

INTERVIEW: Make SEZ scheme attractive
Expert suggestions to draw long-term investments.. There is urgent need for the Government to announce an extension of the tax holiday for the IT sector under the Income Tax Act, 1961 beyond March 31, 2010. However, to help in mitigating the ...

INTERVIEW: IT industry awaits a ‘holiday’ Budget
Some worries need to be taken care of too, stresses senior tax professional.. The US’ stand on tax breaks for firms outsourcing jobs to overseas destinations, and the competition to Indian IT-ITES (information technology enabled services) ...

OUTSOURCING: `BPO will lead IT recovery'
iGate on the unfolding trends in the economic turmoil and its aftermath.. The BPO industry which, for long, was seen as the poorer cousin to the IT services industry, may be leading recovery from the recent economic slump. This stems from ...

WEBSITE REVIEW: Find your job
Tarun Matta founded iimjobs.com because he felt big job portals do not address the needs of MBAs from premier business schools. “Most MBA graduates get job leads through their social/professional networks or through alumni mailing lists. ...

INTERVIEW: The ‘holiday’ debate
It’s time for a paradigm shift on this question concerning tech companies, says expert.. It is time for a paradigm shift on the debate about tax holidays for IT (information technology) companies, says Abhishek Goenka, Partner and Leader ...

NEW PRODUCTS & SERVICES: Fast connection
Netgear has come out with its WNR3500 RangeMax Wireless-N Gigabit Router, offering “blistering wireless speeds and improved range for connecting to the Internet.” It allows the user to surf, e-mail, stream HD video, play online ...

CYBER QUEST: Quiz
1. The second T-Mobile Google Android device, after the G1, ...

CARTOON: Cartoon
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