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Wednesday, April 28, 2004

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TELECOMMUNICATIONS
Tata Tele to launch pre-paid services in TN
TATA Teleservices Ltd, which is expanding infrastructure in Tamil Nadu, will soon launch pre-paid facility on its mobile and fixed line services, push-to-talk — a walkie-talkie style of communication — on mobile phones and Internet ... More

Poll updates from BPL Mobile in Malayalam
BPL Mobile has launched Election News line and Election News Alert services to provide live updates of the ongoing Parliamentary elections. News line provides round-the-clock election news updates in Malayalam, which can be accessed by dialling ... More

SOFTWARE
GE chooses Polaris as preferred vendor
GENERAL Electric (GE) has chosen Polaris Software as its preferred vendor for its domestic software needs, sources said. The deal is likely to give a boost to Polaris' business volumes going forward, even as the rate is $12 (Rs 528) per person ... More

Novartis sets up software development centre in Mumbai
THE Switzerland-based Novartis Pharma AG has established a software development centre at Mumbai. The project labelled Development IT@India would look to enhance the strength of Novartis' three other centres in ... More

Geometric to pay 1:1 bonus
GEOMETRIC Software Solutions has announced the issue of 1:1 bonus shares and declared a dividend of Rs 5.50 per share up, from Rs 4 per share last year, subject to approval of the shareholders. The company's consolidated revenues for the year ... More

CMC revenues up 24 pc
CMC Ltd's revenues have increased by 24 per cent to Rs 763.67 crore in 2003-2004 compared to Rs 614.73 crore in the previous year and the profit after tax stands at Rs 47.99 crore, up by 30 per cent over last year. The consolidated revenues of ... More

Finacle for bank in Philippines
BANGALORE: Infosys Technologies announced on Tuesday that it had signed up China Banking Corporation (China Bank) in the Philippines, to deploy its Internet banking solution Finacle. The solution would power the bank's e-initiatives in ... More

HUMAN RESOURCES
Infosys to pay freshers better
CLOSE on the heels of achieving the billion-dollar-mark, software major Infosys Technologies has effected a marginal salary hike for its campus hires. The company has revised upwards the entry-level salary by Rs 1,000 per month to Rs 15,000 per ... More

E-COMMERCE & E-BUSINESS
Jet Air's new facility for e-tickets
JET Airways has achieved an overall passenger growth of 8 per cent last year, besides maintaining its market share of 46 per cent during the year, according to Mr Wolfgang Prock-Schauer, Chief Executive Officer. Mr Prock-Schauer was speaking at ... More

BROADBAND
Broadband norms to be released tomorrow
THE Telecom Regulatory Authority of India (TRAI) will present its guidelines for the broadband sector on Thursday. The guidelines were expected to increase Internet penetration in the country and spur private sector investment in the sector, ... More

Telecom union firms up global proposals
THE International Telecommunications Union (ITU) today firmed up its recommendations on spectrum allocation, pricing and interconnection issues for governments and said the regulators should ensure greater transparency and accountability in the ... More




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