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Wednesday, January 26, 2005

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INFO-TECH

OVERSEAS BORROWINGS


Infosys ADR share allotment
BANGALORE: Infosys Technologies Ltd has informed the BSE that its board of directors has allotted 1,360 equity shares of par value of Rs 5 to Deutsche Bank Trust Company Americas, the company's depository, as underlying shares in respect ... More

OUTSOURCING


Trinity opens new facility at Gurgaon
TRINITY Business Process Management Pvt Ltd, a wholly-owned subsidiary of Trinity Partners Inc, has announced the opening of its new facility at Palm Court in Gurgaon. Spread over 16,500 sq ft, Palm Court will be its corporate office and house ... More

TELECOMMUNICATIONS


DoT firm on penalising Reliance Info: Maran
THE Minister for Communications and IT, Mr Dayanidhi Maran, today said that Department of Telecom (DoT) was clear in its stand on imposing a penalty of Rs 150 crore on Reliance Infocomm for violating the licence conditions by illegally routing ... More

Plea to BSNL on tariff hike
THIRUVANANTHAPURAM: The Bharat Sanchar Nigam Ltd (BSNL) Employees' Union has urged the public sector telecom major to drop its reported move for hiking telephone tariff. A spokesman for the union said here that the move was apparently ... More

FINANCIAL PERFORMANCE


HCL Tech net income rises 47 pc in Q2 — Merger of some subsidiaries under way
HCL Technologies on Tuesday reported a 46.7 per cent rise in its net income for the second quarter ended December 2004 to Rs 129.14 crore compared to Rs 88.02 crore in the same period previous year. Its consolidated revenues during the period ... More

Northgate BPO net up at Rs 2 cr
NORTHGATE BPO Services Ltd recorded a total income of Rs 15.03 crore and a net profit of Rs 2.02 crore for the third quarter ended December 31, 2004. Total income in the corresponding year-ago quarter amounted to Rs. 2.84 crores while net profit ... More

TVS-E net dips 36% in Q3
TVS Electronics on Tuesday reported a 36-per cent drop in net profit to Rs 38 lakh for the quarter ended December 2004 compared to Rs 60 lakh for the same period in the previous year. Revenues grew about one per cent to Rs 68.44 crore (Rs 67.78 ... More

  • Pentamedia Graphics net up at Rs 3.3 cr
  • VisualSoft Q3 net down

    HARDWARE


    Asia-Pacific PC market up 13% in Q4
    PROPELLED by `better-than-expected' desktop sales in India and China, the Asia-Pacific computer market rose 13 per cent in the fourth quarter of 2004 to touch 9.1 million units, even as the market remained largely unaffected by the tsunami that ... More

    SOFTWARE


    Caritor bags deal to provide mySAP to Omax Autos
    IT solutions provider Caritor has said that it has won a contract from Omax Autos Ltd for implementing enterprise resource planning solution mySAP. However, Caritor did not disclose the deal size. As part of the deal, Caritor will provide an ... More

    Veritas tool for SMEs
    BANGALORE: Storage vendor Veritas Software Corporation, which recently announced a merger with security software firm Symantec, launched the Windows data protection software suite of products for small and medium enterprises (SMEs) in the ... More

    Microsoft's student contest
    BANGALORE: Microsoft Corporation India Pvt Ltd said that it is organising Imagine Cup 2005, a worldwide competition designed to provide an opportunity for students to explore technological and artistic interests outside the classroom. ... More

    Blue Star Info, Datastream in pact
    BANGALORE: Blue Star Infotech Ltd (BSI)announced a partnership with the US-based Datastream, a provider of enterprise asset management solutions. BSI and Datastream together plan to address industry verticals like process manufacturing, ... More

    E-GOVERNANCE


    e-gov projects to be standardised
    THE National Institute of Smart Governance (NISG) has drawn up plans to broadbase the implementation of various e-governance projects across the country and is working on standardisation process. It has identified certain key areas of citizen ... More

    VENTURE CAPITAL


    Matrix Partners opens office in Bangalore
    During 1990-2000, when the VC firm invested $400 million, it had reaped a return of $9 billion. More


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    Top Stories
    GoM meet on gas price hike for fertiliser, power units inconclusive


    FII registration up

    Asia-Pacific PC market up 13% in Q4

    `Govt to sign more customs cooperation pacts'

    On track to $50-b export goal: Maran

    In Focus

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

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Jan. 16-Jan. 22
    BSNL, MTNL launch broadband service — Plan to rope in million subscribers by year-end

    Wipro bullish on process consulting

    HCL Info Q2 net rises 13.5 pc

    LG Pune plant begins GSM phone production

    FII stake in Satyam up at 56.59 pc

    Satyam Q3 net rises 20 pc; ups guidance

    Wipro sees slowdown in US tech spend


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