INFO-TECH
OUTSOURCING
US study warns of increase in outsourcing of Govt work
The study has identified 18 offshore outsourcing firms, mostly from India, that are involved in the State Government market in the US.
More
TELECOMMUNICATIONS
Tata Indicom announces Internet on fixed phones in Vizag
TATA Teleservices, the private telecom service provider, while announcing the launch of Internet for Fixed Wireless Phones (FWP) to customers in Vizag has said the company subscriber base of FWP users crossed the one-million mark. Tata Indicom ...
More
Bharti Q1 profit soars to Rs 296 cr
BHARTI Tele-Ventures' net profit for the first quarter ended June 2004 soared to Rs 296 crore compared to Rs 31 crore in the corresponding quarter last year. The telecom company's revenues touched Rs 1,705 crore, which is an increase of 65 per ...
More
Bharti pegs ADR offering at 200 m equity shares
BHARTI Tele-Ventures Ltd today said it will launch American Depository Receipts (ADRs) of up to 200 million equity shares which will allow foreign stakeholders in the company to offload part of their equity. The company said it was seeking the ...
More
FINANCIAL PERFORMANCE
Wipro Q1 net rises 73 pc at Rs 357 cr
WIPRO Ltd surpassed expectations with a 11.3 per cent sequential net profit growth at Rs 357 crore even as its revenue slid marginally to Rs 1,769 crore. Net profit surged 73 per cent on a year-on-year basis while revenue was up 48 per cent from ...
More
TVS-Electronics net up 77 pc
TVS-Electronics Ltd has reported a net profit of Rs 1.47 crore on revenues of Rs 70.91 crore for the second quarter ended June 30, as against a net profit of Rs 83 lakh on revenues of Rs 61.78 crore for the corresponding quarter last year. This ...
More
SOFTWARE
Wipro to cap growth in Bangalore
WIPRO Ltd said it plans to cap its expansion in infrastructurally-challenged Bangalore and invest in centres such as Kolkata and Kochi to spur further growth. High attrition rate and rising wage cost in Bangalore, the country's technology ...
More
TCS to use IPO proceeds for `significant' buys
TATA Consultancy Services has said its upcoming initial public offer (IPO) would give it a leverage to go for "significant" acquisition deals, as part of its growth strategy. "As far as the inorganic route for growth in concerned, we have now, ...
More
Thinksoft, member of BBA
CHENNAI: Thinksoft Global Services, a Chennai-based financial software testing company, has become a professional associate member of the British Bankers Association, a trade association in the UK financial services industry. In the ...
More
INTERNET
Tata Indicom announces Internet on fixed phones in Vizag
TATA Teleservices, the private telecom service provider, while announcing the launch of Internet for Fixed Wireless Phones (FWP) to customers in Vizag has said the company subscriber base of FWP users crossed the one-million mark. Tata Indicom ...
More
OUTLOOK
Wage hike may hit Wipro Q2 margins
WIPRO Ltd said that its operating margins in the future quarters could witness some pressure as the company plans to hike wages in its global software division in the current quarter. The compensation factor along with IP (Intellectual Property) ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds