The Hindu Business Line : Saturday, March 05, 2005

Nokia to firm up plant location by next month
MOBILE phone maker Nokia expects to decide on the location of its manufacturing facility in India by next month even as it plans to reduce prices of its handsets. Nokia's head for marketing, Mr Sanjay Behl, told newspersons on the sidelines of ... More

Tribunal dismisses Reliance Info petition against DoT penalty
THE Telecom Dispute Settlement Appellate Tribunal on Friday said that Reliance Infocomm has `clearly and deliberately' breached licence norms and put national security in jeopardy by routing international long distance calls as local ones. ... More

DoT asks cell cos to explain local direct dialling service
THE Department of Telecommunications has sent notice to cellular operators offering local direct dialling (LDD) services to explain the routing pattern of the service, availed by roaming customers. The notice has been sent to Airtel, Hutch and ... More

BSNL commissions additional GSM lines in west zone
BHARAT Sanchar Nigam Ltd today commissioned an additional capacity of one-million GSM lines in the west zone. Maharashtra and Goa will get 4.5 lakh of the new additional lines, Gujarat 3.5 lakh, Madhya Pradesh 1.5 lakh, and Chhattisgarh 50,000. ... More

INFRASTRUCTURE

Elcot, HDFC join hands to promote infotech
THE Electronics Corporation of Tamil Nadu (Elcot) and Housing Development Finance Corporation Ltd (HDFC) on Friday signed an agreement to jointly promote development of information technology (IT) and IT-enabled service (ITES) industries in Tamil ... More

STOCKS

Scandent Solutions set to list next week
SCANDENT Solutions Corporation is all set to list on four stock exchanges of Mumbai, Ahmedabad, Chennai and the National Stock Exchange. The company management has sewn up plans for organic growth that would see it scaling up its manpower from ... More

HARDWARE

`Abolish CST on electronics hardware components'
THE electronics hardware industry today sought abolition of four per cent Central Sales Tax (CST) for IT Agreement -1 items (ITA-1), saying the levy would render local manufacturing unviable, while making imported components attractive for ... More

SOFTWARE

Software exports from TN to touch Rs 10,000 cr
SOFTWARE exports from Tamil Nadu are likely to touch Rs 10,000 crore for the year ending March 31, 2005 as against Rs 8,000 crore for 2003-04. About 25,000 new jobs were created in the last couple of years in IT, ITES and BPO sectors in the ... More

Hexaware bags $1.2-m UK deal
MUMBAI: Hexaware Technologies Ltd, a global IT service provider, has won a $1.2-million contract with a global insurance company based in the UK. The insurance company required a partner who could support technical conversion suite and ... More

MERGERS & ACQUISITIONS

Philippines co buys KG group's medical transcription biz
SPI Technologies Inc, a Philippines-based content outsourcing services provider, is acquiring the medical transcription business of the Coimbatore-based KG Group in an all cash deal. Mr Ernest L. Cu, President and Chief Executive Officer, SPI ... More

Kanbay buys Accurum India
KANBAY International Inc of USA today announced the acquisition of the Accurum India Pvt Ltd, an IT services provider to the capital markets industry. Accurum India is a part of Accrum Inc of the US, formerly known as Pinnacle Info ... More

ALLIANCES & JOINT VENTURES

Satyam, Symbian partner for wireless solutions
SATYAM Computer has announced it has become a member of Symbian's Platinum Program to support the growing market for `Smartphones' based on Symbian (OS) Operating System, as well as service its existing customers, which include Fortune 100 ... More

OFF-SHORE DEVELOPMENT

Wipro Tech opens third office in Germany
WIPRO Technologies, the global IT services division of Wipro Ltd, announced the opening of its new office in Munich on Friday. The office will be staffed by local consultants and will expand into a local language delivery and development ... More

SECURITY

Karnataka cyber cafes must keep records of all users
IN a bid to prevent misuse of the Internet, the Karnataka Government has made it mandatory for cyber café owners to maintain records of all users. Net surfers at cyber cafés would now have to prove their identity and sign up a form giving ... More

EVENTS

It's a safe ride
Infosys professionals on a road safety rally as part of the Safety Awareness Campaign on Friday (National Safety Day). The organisation has regular awareness promotions for their employees under the health & lifestyle enrichment ... More

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