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Saturday, January 22, 2005

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INFO-TECH

OUTSOURCING


WiproSpectramind to diversify into high-value work
WIPROSPECTRAMIND, the business process outsourcing (BPO) outfit of Wipro Ltd, is planning to diversify into the high-value transaction processing segment, the Chairman and Managing Director, Mr Raman Roy, has said. Realisations are high in the ... More

TELECOMMUNICATIONS


Investments in Reliance Infocomm — `No violation of corporate governance norms'
INVESTMENTS in Reliance Infocomm are in line with the corporate governance norms according to legal opinion sought by Reliance, said Mr Y.P. Trivedi, Independent Director on the Reliance Industries board. "We sought opinions from the former ... More

The nation that talks a lot
WHEN it comes to talking on the phone, Indians are among the heavy users in the world. According to data compiled by the Telecom Regulatory Authority of India, Indian subscribers are the fifth heaviest phone users at 309 minutes per month per ... More

INFRASTRUCTURE


Kerala Govt offers land for Smart City
THE State Government has offered 100 acres of land free of cost to Dubai Internet City for setting up the proposed Smart City in Kochi on the condition that the project guarantees creation of 33,000 professional jobs within a period of three to ... More

FINANCIAL PERFORMANCE


NIIT to issue $10-m bonds to Intel Capital
IT training company NIIT Ltd has registered a net profit of Rs 4.8 crore in the third quarter ended December 31 as against a loss of Rs 11.6 crore in the year-ago period. The company also announced that it would issue $10 million (around Rs ... More

Polaris Soft Q3 net drops to Rs 19 cr
POLARIS Software Lab's net profit has declined to Rs 19.32 crore for the quarter ended December 31, 2004 against a net profit of Rs 23.44 crore for the corresponding quarter last year — a 17- per cent drop. For the December 2004 quarter, ... More

NIIT Tech Q3 net up 133%
NIIT Technologies Ltd, the IT solutions company, has reported a 133-per cent rise in its net profit for the third quarter ended December 31, 2004 to Rs 13.3 crore against Rs 5.7 crore in the corresponding period in the previous year. Its ... More

SOFTWARE


Wipro: `Proactive hedging helped'
IMPROVEMENT in price realisation for onsite and offshore projects, proactive hedging and continued operational improvements helped significantly mitigate the impact of currency appreciation and employee compensation on the operating margins in ... More

Wipro sees slowdown in US tech spend
WIPRO expects growth in US technology spending to slow down a bit in the current calendar year as compared to last year. The US is the main market for Wipro's technology business and the company derives over 65 per cent of its revenues from ... More

Wipro: Powered by global performance
THE global IT services segment continued to power the earnings performance of the diversified Wipro, contributing 75 per cent of overall revenues and 87 per cent of profit before interest and tax (PBIT) for the quarter ended December 31, 2004. ... More

HUMAN RESOURCES


Turn the clock
Most BPO employees are unaware that as they work against their biological clock, eating the right food is very important. An invaluable rule: drink more water, less coffee. More

OFF-SHORE DEVELOPMENT


iGATE Global opens second Chennai office
iGATE Global Solutions, an integrated technology and operations company, has opened its second centre here. It plans to make the city centre as J2EE and .NET centre of excellence for manufacturing vertical, the company's Chief Executive Officer, ... More

  • Versant Tech sets up centre at Hyderabad

    PEOPLE


    Yahoo! India has Mobile head now
    YAHOO! India has made a series of new appointments in its India office. It has appointed a Head of Yahoo! India mobile and announced two new positions for lending strategic direction to Yahoo! India search and online media sales. Mr Vishal ... More


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    Top Stories
    Exports under deferred payment deals to get advance licence benefits


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    With increase in credit offtake — PSBs not keen to return capital to Govt

    Gem, jewellery exports rise 38 pc

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    In Focus

    BHEL Disinvestment
    The Yuan Revaluation
    Dabhol power regenerated
    Tracking the rains
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    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Jan. 9-Jan. 15
    Industry sees 10 pc fall in PC prices from April — Opinion divided on VAT impact on domestic units

    Telecom subscriber base up 31.42 pc in 2004

    £ 16-b gain from offshoring, says UK trade body chief

    MphasiS BFL Q3 net declines to Rs 27 cr

    Infosys widens clientele, sees good growth in BPO biz


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