The Hindu Business Line : Sunday, March 28, 2004

ANNOUNCEMENTS
VisualSoft opens BPO centre in Hyderabad
VISUALSOFT Technologies Ltd on Saturday commissioned a new business process outsourcing (BPO) centre here with a capacity to host 500 seats. The Chairman and Managing Director, Mr D.V.S. Raju, said the pilot BPO project initiated at the ... More

COURTS/LEGAL ISSUES
EC ruling: What's in store for Microsoft?
THE European Commission's anti-trust ruling which says that Microsoft violated European Union law by abusing its "near monopoly" market power in the workgroup server and media player markets has a large number of ramifications all of which are ... More

RESTRUCTURING
Voltas spins off separate refrigerator division
TO make a mark in the highly competitive refrigerators market, Voltas Ltd, which re-entered business last year after a lapse of eight years, has chalked out a strategy. To ensure undivided attention to the category, it has spun-off a ... More

FIXED DEPOSITS
Where fixed deposits give higher rates
IN a market that is fast losing steam, a group of companies is raising fixed deposits at steep rates - as high as 10 per cent for one year in select cases or even higher for those who stay invested for longer periods. GI Power Corporation, ... More

MERGERS & ACQUISITIONS

Alka Spinners merger plan okayed

PERFORMANCE
FedEx Q3 net income up 41 pc
FEDEX Corporation has reported earnings of $0.68 per diluted share for the third quarter ended February 29, including $0.03 per diluted share of costs associated with the previously announced business realignment through early retirement and ... More

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