CORPORATE
•	Tata Infotech to cut dependence on Unisys TATA Infotech Ltd (TIL), the Rs 524-crore hardware and software solutions and training company which was heavily dependent on Unisys for overseas software services revenue, has drawn up a detailed strategy to reduce that dependence.
•	Zenith eyeing student sector ZENITH Computers Ltd is eyeing the student segment aggressively.
•	Sterlite Optical posts 3-fold rise in Q1 net STERLITE Optical Technologies Ltd (SOTL) has reported a three-fold increase in net profit at Rs 67.68 crore for the quarter ended June 30, as compared to Rs 22.18 crore in the year-ago period.
•	Mahesh Bhandari to lead TCS strategy moves TATA Consultany Services (TCS) on Tuesday announced the appointment of Mr Mahesh Bhandari, earlier independent consultant with Arthur D Little, to ``lead the company's strategy initiatives''.
•	MRO-Tek Q1 net declines 85 pc MRO-TEK Ltd has reported a 85-per cent drop in net profit and a 64-per cent fall in revenues for the first quarter ended June 30, 2001 over the corresponding period last year.
•	Ramco Systems Q1 loss over 200 pc RAMCO Systems more than doubled its losses for the quarter ended June 30, 2001, compared to the previous corresponding quarter.
•	MBT-SEEC team up for telecom solutions HYDERABAD: Mahindra-British Telecom, a software services company, and SEEC Inc, a provider of e-business infrastructure and software, have entered into a strategic alliance for delivering next-generation IT solutions to the global telecommunications mark et.
•	Pentagon Global Q1 net at Rs 1.53 cr CHENNAI: The Chennai-based Pentagon Global Solutions Ltd has reported net profit of Rs 1.53 crore on a total income of 6.83 crore for the quarter ended June 30, compared to Rs 1.42 crore on a total income of Rs 5.68 crore for the corresponding quarter of the previous year.
•	Subex Systems net down at Rs 1.76 cr BANGALORE: Subex Systems Ltd, a Bangalore-based telecom software company, has reported a marginal fall in net profit at Rs 1.76 crore for the first quarter ended June 30, compared to Rs 1.82 crore posted during the same period last year.
•	Microline to implement TriVium solution BANGALORE: TriVium India's SimpleRM eCRM solution is to be implemented by Microline Electronics to automate its outbound marketing, sales and field support operations, according to a company release.
•	Nokia distributor for Karnataka districts MANGALORE: Nokia has appointed Gaurav Electronics as authorised dealer for Nokia products in the Dakshina Kannada, Uttara Kannada, Kodagu, Shimoga and Chikmagalur districts of Karnataka.
•	Happy Soft cybercafes in Kolkata KOLKATA: Happy Software Solutions Pvt Ltd has launched a chain of IT retail outlets-cum-cybercafes in and around the city.
•	Spice Telecom slashes rates KOLKATA: Spice Telecom has slashed airtime rates across almost all denominations of its Cashcard (except on the Rs 300 denomination). A host of value-added services has been introduced for all Cashcard users.
•	Servion pact with Polaris CHENNAI: Servion Global Solutions Ltd has announced its partnership with Polaris Software Lab. The expertise and knowhow of Servion in the contact centre and CTI industry, combined with the banking software products of Polaris's BankWare, would create a synergy by offering multimedia delivery channels such as customised call centre and phone banking solutions to clients, a Servion release said.
•	ITI bags VSNL project BANGALORE: ITI has been awarded a turnkey project by VSNL for the construction of a technical building to house advanced communication equipment to cater to the needs of business community.
•	Ishoni, Wind River in tie-up BANGALORE: Ishoni Networks and Wind River Systems have entered into a partnership through which Ishoni will offer customers a broadband customer premise equipment solution by packaging DV2000 Broadband engine integrated with Wind River's VxWorks RTOS.
LAUNCHES
•	New-look Sify.com homepage SATYAM Infoway Ltd on Tuesday announced the launch of the all-new homepage of Sify.com, its consumer portal.
•	The power... American Power Conversion has come out with the APC Back UPS AVR Pro. Targeted at single PC users in the home and office segment, this UPS provides two new features, says the company. Customers can now have their PCs protected from power fluctuations tha t come through the telephone, fax or modem lines in addition to regular power lines.
•	... to see Hewlett-Packard has unveiled the hp Scanjet 7400/7450c. According to the company, the scanner is targeted at high-end professionals and the scanner series features HP's ``revolutionary technology in scanning of two sensors in one scanner.''
•	Kodak i50 scanner Kodak's Document Imaging division has announced the launch of its new Kodak i50 Scanner in India.

• Archives  • Home  •