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Wednesday, April 07, 2004

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INFO-TECH

OUTSOURCING
Keane plans to invest $25 m more in India
IT outsourcing firm Keane Inc on Tuesday announced that it would invest an additional $25 million in expanding its BPO and IT service operations in India, and triple headcount to 5,000 in the next two years. "Keane continues to experience ... More

TELECOMMUNICATIONS
Govt not to make connectivity on `intelligent networks' mandatory
IF you are an Airtel pre-paid subscriber in Delhi, you will not be able to recharge your mobile if you are roaming on the Hutch network in Lucknow. And if you are with a small mobile phone operator, you cannot even avail of the roaming ... More

Subscriber base swells to 33.28 million — Cellular industry fears slowdown in growth
CELLULAR operators (both GSM and CDMA) have notched up 33.28 million subscribers in the last month of fiscal 2003-04, having added close to 19.11 lakh additional customers in March 2004. As per the latest statistics released by the Cellular ... More

Consumer forums protest ADC on mobile operators
EVEN as subscribers of Bharat Sanchar Nigam Ltd (BSNL) are rejoicing at the recent tariff cuts announced for ISD and STD tariffs, a clutch of "consumer and welfare organisations", have sought the intervention of the Department of ... More

Hutch to offer over 250 Java-based mobile games
HUTCH has announced plans to expand the mobile gaming market in India through an offering of over 250 Java-based mobile games, including the Rahul Dravid cricket game, and exclusive development alliance with gaming company, Mauj. The ... More

Kejian to enter Indian mobile phone market
CHINESE mobile phone maker, Kejian, on Tuesday announced that it would sell its products in India through a marketing tie-up with the Rajgarhia Group. The Rajgarhias have formed a new company, Trust Telecom Technologies Ltd, to market ... More

Tata Tele to support Childline
TATA Teleservices has announced that it would be extending support to Childline India Foundation, an NGO that works for the betterment of street children. The company said that 25 per cent of net revenue generated in April from its global SMS ... More

AirTel pact with eSeva in AP
HYDERABAD: AirTel has announced that its customers have the choice to pay their bills at eSeva kendras in the State. AirTel has tied up with eSeva to provide greater convenience to the customers and to make all general information ... More

SOFTWARE
Oracle eyes SMEs with Database 10g
MID-SIZE companies ranging from Rs 10 crore to Rs 400 crore turnover, account for 40 per cent of Oracle India's growth and will continue to drive growth this year as well, said Mr Shekhar Dasgupta, Managing Director. Oracle's Database 10g, is ... More

Nasscom turns to sports to facilitate networking
WITH the anti-outsourcing heat in the US fraying the nerves of Indian IT honchos, the National Association of Software and Service Companies (Nasscom) has turned to sports in an effort to unwind. Nasscom is organising a `Night Golf Tournament' ... More

Computer Sciences in expansion mode
COMPUTER Sciences Corporation, the $13.8-billion software solutions provider, has projected an annual growth rate of about 70 per cent this year in India. It will also establish the Hyderabad centre, its fifth in the country and has plans for its ... More

MRO-TEK targets 20-25 pc growth
LAST mile access solutions provider MRO-TEK said it was targeting a top line growth of 20-25 per cent in the current fiscal even as it unveiled a new corporate identity on Tuesday. "We are targeting a revenue growth of about 20-25 per cent ... More

IT TRAINING
Microsoft to spend $20 m on schools
MICROSOFT Corporation India Ltd on Tuesday announced the roll-out of its $20-million IT education programme for schools in India and an agreement with the Orissa Government for a programme to push local language computing in the State. Under ... More

MANPOWER
MTNL again puts off VRS; cold response to VSNL offer
MAHANAGAR Telephone Nigam Ltd (MTNL) on Monday postponed its voluntary retirement scheme (VRS) for the second time in 12 months, even as Videsh Sanchar Nigam's recent VRS, the second after the Tatas assumed ownership, has failed to fetch even ... More

ALLIANCES & JOINT VENTURES
VoiceGate, TV9 in pact for contests
VOICEGATE Technologies India, a computer telephony integration (CTI) company, has entered into an agreement with TV news channel TV9, to conduct news and current affairs-based contests and games on phone on behalf of BSNL and TV9. With this ... More

IPOS
Datamatics IPO price band at Rs 101-110
DATAMATICS Technologies has announced a price band of Rs 101-110 for its initial public offering (IPO). The company is offering 1.03 crores of equity shares of Rs 5 each. Speaking at a press conference to announce the IPO, Dr Lalit Kanodia, ... More

BONUS ANNOUNCEMENTS
Infosys board to consider bonus, stock split
THE board of Infosys Technologies will meet on April 13 to consider the issue of bonus shares and stock split, the company said in a notice to the Bombay Stock Exchange (BSE). The company will also announce its fourth quarter and annual ... More




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Top Stories
Consumer electronics: Price war hotting up


NRIs prefer savings a/c to bank deposits

Subscriber base swells to 33.28 million — Cellular industry fears slowdown in growth

Reliance, Raymond in talks with Australian wool co

Sustained rise in steel use seen

Flights going chock-a-block as more Indians travel abroad

Seeding love for wildlife

Looking back
Mar. 28-Apr. 3
Rupee strength sets off alarm bells

Hyderabad software exports to cross $1 b

Net rail bookings gather momentum

Software export growth target will be met: Karnik


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