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Wednesday, October 21, 2009
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FINANCIAL PERFORMANCE: Tech Mahindra Q2 net down 44%
Interest costs on Satyam acquisition impact profits. Mumbai, Oct. 20 Tech Mahindra has recorded a 44 per cent fall in its second quarter consolidated net profit largely due to interest costs incurred on borrowings for acquiring Satyam Computer ...

FINANCIAL PERFORMANCE: Polaris second quarter net rises 3% despite lower revenues
Rate-cut, shift of business from onsite to offshore affect income. Polaris Software Lab reported a net profit of Rs 35 crore in the second-quarter ended September 30, 2009, compared with Rs 34 crore in the corresponding quarter last year — ...

ALLIANCES & JOINT VENTURES: Nokia signs 5-year pact with Tanla
Nokia has signed a five-year agreement with Tanla Solutions to use the latter’s licence management, mobile payments and professional services. While the licence manager helps in keeping track of the licence periods of various ...

TAXATION: Tax issues may delay off-the-shelf retail availability of Windows 7
New Delhi, Oct. 20 The tempo is building for the launch of Windows 7 on October 22 globally. But in India, there is a different hubbub. The ongoing issue of the applicable levy on packaged software could cast a cloud on the ...

TELECOMMUNICATIONS: Telecom Ministry seeks Finance Minister’s intervention on 3G spectrum
New Delhi, Oct. 20 The Communication and IT Ministry has sought the intervention of the Finance Minister for getting the Defence to vacate spectrum for third generation mobile ...

TELECOMMUNICATIONS: Weather inputs for farmers on mobile phones
Thiruvananthapuram, Oct. 20 handygo Ltd, a leading wireless solution provider in mobile and value-added services, has tied up with India Meteorological Department (IMD) to provide farmers with meteorological inputs through Interactive ...

ALLIANCES & JOINT VENTURES: Varicent signs pact with HCL Tech
New Delhi, Oct. 20 Varicent Software and HCL Technologies on Tuesday announced a global partnership to deliver sales performance management ...

NEW BUSINESS: Tech Mahindra, two others win Etisalat’s Rs 750-cr BPO contracts
Mumbai, Oct. 20 Etisalat DB Telecom has awarded business process outsourcing contracts worth Rs 750 crore to Tech Mahindra, Aegis and Conflux Solutions in a bid to accelerate the rollout of its mobile telephony services in ...

FINANCIAL PERFORMANCE: Subex posts lower losses in Sept quarter
Bangalore, Oct. 20 Telecom software maker Subex Ltd narrowed September quarter losses to Rs 3.2 crore from Rs 71.6 crore the previous year aided by better cost management. Revenues for the quarter declined by almost a fourth to Rs 109.7 crore ...

NEW BUSINESS: Revenue visibility from Nokia agreement
BL Research Bureau Tanla Solutions’ long-term agreement with Nokia provides revenue visibility for the former along with sound margins. The present agreement involves Tanla providing licence management, mobile payment and ...

From eWorld

TELECOMMUNICATIONS: A ‘script’ for on-screen action
Tachyon now offers transliteration services on your mobile phone.. Reading or writing in your local language on the mobile phone could now get simpler. No, you don’t need a Hindi keypad to type in Hindi, nor do you have to type in the ...

SECURITY: Chinks in cyberspace
Attacks on top e-mail service providers are an eye-opener on safety.. I’m not worried about a teenage hacker reading my email. I’m worried about you reading ...

INSIGHT: Zero visibility
Reviewing new products can be fun. It can also drive you round the bend, depending on the company that has sent ...

CONVERGENCE: A feel of Windows Mobile 6.5
eWorld tuned in, found friendly user interface, better browsing experience.. Windows Mobile, which has always laid emphasis on offering `workable solutions' at enterprise level, is now tuning in to the demands of the feature-hungry smart ...

INTERVIEW: `eLearning market is wide open'
EdServ SoftSystems says it is keen to tap the full potential.. Education is a progressive discovery of our own ignorance, says Will Durant. Which, perhaps, explains why the word `education' doesn't often excite people, despite the counsel of ...

CYBER QUEST: Quiz
V.V. Ramanan. 1. Name the flick in the making, which stars Jesse Eisenberg as Mark Zuckerberg and made by David Fincher, which tells the story of Facebook’s ...

BOOKS: Optimise your digital assets in online newsrooms
But mind, ensure navigability and user-friendliness.. Blogger relations, social media news releases, and the monitoring of online news outlets. If your company is already doing all these, it may be useful to know that these are only a part of ...

NEW PRODUCTS & SERVICES: Storage drive
Strontium, supplier of memory modules and flash products, has unveiled the Strontium Power Store Slim. “This portable hard drive features storage capacities of up to 500GB and strong data retention. It is the perfect portable ...

NEW PRODUCTS & SERVICES: Out of sight, out of mind
With cable outlets either side, CableBox Mini is ideal for hiding cords, adapters, small hubs and even small power strips, says J.S. Equipments. It is good for small power strips and cable clusters on the floor but it also works fine on ...

CARTOON: Cartoon
“Once I told them that it’s a social networking site, the venture capitalists just ...






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Markets (Oct 20)
Nifty (at close)5,112.60(-29.20)
US Dollar (Buy/Sell)46.11/12
Brent crude (a bbl) Rs3,551
Gold (a gram) Rs1,488
Silver (a kg) Rs28,365


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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
Tax issues may delay off-the-shelf retail availability of Windows 7

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Basmati export price likely to drop 40%

Moorat day sentiment: It’s bull market if trading ends positive

There’s life beyond repo rates, CRR

Signs of climate change in peninsular India

Telecom Ministry seeks Finance Minister’s intervention on 3G spectrum

Looking back
Oct. 11-Oct. 17
Wipro completes talks on closure of France design centre

Maharashtra exempts BPOs from poll holiday

Govt wants local body for issuing IP addresses

ICAI seeks RCom data before action on auditor

Will pay legitimate dues: RCom

Stable revenue is big plus for acquirers

HCL Info is lowest bidder for BSNL’s South GSM deal



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