Business Daily from THE HINDU group of publications
Saturday, July 11, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, July 11, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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INFO-TECH OUTLOOK: Infosys beats street predictions, posts 17% rise in Q1 net Volumes decline on challenging economic environment; recovery likely in 2010. Sensex bellwether Infosys Technologies beat street estimates to post a modest profit growth for the June quarter over a year ago, but a strengthening rupee prompted ... TELECOMMUNICATIONS: Soon farmers can control irrigation with a cell phone TATA INDICOM’S ‘NANO GANESH’. Ahmedabad, July 10 Tata Teleservices Ltd today inaugurated a pilot project at Sojitra in Anand district of Gujarat that allows farmers to operate their irrigation pumps from remote locations ... OUTLOOK: Considerable challenges ahead for Infosys Infosys Technologies has delivered on its guidance on the revenue front and has exceeded it on earnings per share for the June quarter. Be that as it may, the company has had its second successive quarter of revenue and net ... INTERVIEW: Infosys eyeing buys for strategic reasons ‘Typical size or the cut-off limit will be 10 per cent of our revenue’. Bangalore, July 10 After the second successive sequential de-growth in revenue, a resilient Infosys Technologies says the medium-to- long-term growth prospects ... OUTLOOK: Infosys — Revenue outlook ‘flattish’ ‘We want to be cautious, not go overboard’. Bangalore, July 10 Infosys Technologies Ltd expects technology spending to recover towards the middle of next calendar year on a possible revival of the global economy, and has stuck a ... BUDGET: Muted relief over SEZ tax clarification Companies want exemption to be retrospective. New Delhi, July 10 The relief over the correction of an ‘anomaly’ pertaining to Section 10 AA of Income Tax Act — that will now allow companies to enjoy full tax benefits for ... STOCKS: Only large-cap IT stocks gain on Infosys results Guidance brings down mid- and small-cap shares. Mumbai, July 10 Better-than-expected first quarter numbers from Infosys pushed up the other two large-cap information technology stocks, but the company’s conservative guidance for FY-10 led ... NEW PRODUCTS & SERVICES: New series of Xerox printers Xerox India has launched ‘Xerox WorkCentre 7400’ series, targeted at the small and medium enterprises and government departments. The printers are based on the HI Q LED technology that promises to offer superior image resolution ... IT TRAINING: KSAVRC multimedia training Kerala State Audio-Visual and Reprographic Centre (KSAVRC), an autonomous institution established by the State Government, is diversifying into new business opportunities. Accordingly, the institution is venturing into multimedia training under ... TELECOMMUNICATIONS: BSNL to set up cable landing station ... BUDGET: Education-related proposals, a big plus for ITES industry For the ITES industry, the Budget proposals’ focus on the higher education segment is a big plus. Coming as it does on the back of the increasing outlay over the past few years, it augurs well for enhancing the supply of talent to ... HARDWARE: Dell launches suite of products for SMEs Chennai, July 10 Dell India has announced the launch of a new range of products – laptops, servers, storage devices and workstations – that will be particularly useful for small and medium ... HUMAN RESOURCES: ‘Year-by-year extension of STPI scheme costs 2 lakh jobs’ Bangalore, July 11 The Government’s move to extend the STPI scheme in a yearly instalment for the past two years has cost the nation some 200,000 jobs, said Infosys HR head, Mr ... TELECOMMUNICATIONS: Ericsson India posts Rs 380-cr profit in 2008 Ericsson India has generated revenues of over Rs 8,750 crore in 2008, according to numbers reported to credit rating agency ... MERGERS & ACQUISITIONS: Tech Mahindra ‘comfortable’ holding 43% in Satyam New Delhi, July 10 The board of Mahindra Satyam which met on Friday allotted 19.86 crore shares to Venturebay Consultants – a subsidiary controlled by Tech Mahindra, taking the stake of the new owner to nearly 43 per ... EVENTS: Promoting Coimbatore as IT hub ...
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
INTERVIEW:
IT industry awaits a ‘holiday’ Budget Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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