The Hindu Business Line : Tuesday, December 23, 2003

Citibank, Reliance launch mobile bill payment facility
CITIBANK and Reliance Infocomm on Monday launched the RIM-Bill Payment service, allowing mobile subscribers to make direct payment of the Reliance India Mobile bills through their handsets. The facility is being offered as a free service to ... More

HARDWARE

Acer opens retail store
BANGALORE: Acer India has announced its foray into the retail market by opening the first of its retail stores in Bangalore. By the end of January 2004, Acer plans to have 50 Acer Malls and Acer Point stores in all and at various locations ... More

SOFTWARE

Geometric enters engg services
GEOMETRIC Software Solutions on Monday announced the opening of its new facility in Bangalore and its foray into the engineering services space. The new facility will initially house 60 persons concentrating on engineering services, the company ... More

STADS bags order from SITA
KOCHI: STADS Ltd, a fully owned subsidiary of the Chennai-based Eonour Technologies Ltd, has bagged a new project order from SITA, the global provider of IT and telecommunication solutions to the air transport industry. The project ... More

Mascon Global allotment for GDR
NEW DELHI: Mascon Global Ltd today said that it has allotted 61,329,088 equity shares of Rs 10 each as underlying shares for the GDR issue. The shares were issues to Deutsche Bank Trust Company Americas, the depository, towards the issue ... More

MERGERS & ACQUISITIONS

HCL Tech sells stake in jt venture to Perot Systems
HCL Technologies on Monday said it had sold its stake in joint venture HCL Perot Systems (HPS) to its partner, US-based Perot Systems, for $105.3 million in an all-cash deal. Perot Systems will now own about 90 per cent stake in HPS, with the ... More

ALLIANCES & JOINT VENTURES

China Mobile, Teradata tie up for biz solutions
CHINA Mobile Communications Corporation is partnering Teradata, a division of NCR Corporation, to develop its Business Analyst Support System, which will integrate customer information from 31 provinces in China and its headquarter in Beijing, ... More

ENTERPRISE RESOURCE PLANNING

BHEL unit implements ERP package
THE electronics division of Bharat Heavy Electricals Ltd (BHEL) here has successfully implemented ERP (Enterprise Resource Planning) software package integrating its core functions. The ERP software has been sourced from SAP, Germany. The ... More

EVENTS

Brand ambassador honoured
Mr R. S. Pawar, Chairman, NIIT, felicitating Viswanathan Anand in the Capital for winning the World Rapid Chess Championship.

Microsoft to take part in Gitex
GITEX Hyderabad 2004 has got a shot in the arm with Microsoft India confirming participation in the annual infotech expo slated to be held from January 12-14. Mr Abdulla T. Qassem, General Manager (Exhibitions, Leasing and Property) of Dubai ... More

Nasscom, AP to highlight new vistas at iTECH
THE National Association of Software and Services Companies (Nasscom), the apex body representing the Indian software and service industry, on Monday announced plans to host iTECH 2004 from January 12-13 in Hyderabad in association with the ... More

STANDARDS & BENCHMARKS

Two Satyam units assessed to CMMI
SATYAM Computer Services Ltd. has announced that two of its units — Automotive Business Unit and the Microsoft Solutions Group — have been assessed at Level 5 under Capability Maturity Model Integrated (CMMI), instituted by the ... More

OUTLOOK

Cognizant planning $40-m ramp-up, to hire 4,000 more
COGNIZANT Technology Solutions is planning an aggressive ramp-up of its India operations by investing close to $40 million in creating additional infrastructure. The company, which already has 9,000 employees, expects to hire over 4,000 in ... More

PEOPLE

Cognizant founder steps down
COGNIZANT said on Monday that its founder, Chairman and CEO, Mr Kumar Mahadeva, was retiring, and that Mr Lakshmi Narayanan has been named CEO. Mr Narayanan will continue to serve as President and has also been elected to the board of ... More

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