The Hindu Business Line : Wednesday, April 13, 2005

Sierra opens Toronto centre
HYDERABAD: Sierra Atlantic on Tuesday announced that the company has opened an office in Toronto, Canada, to accommodate its expanding Canadian customer base. The company, in a statement, also announced new Canadian customers, including ... More

TELECOMMUNICATIONS

A mobile phone for tweens
THE US-based Firefly Mobile Inc has launched the Firefly mobile aimed at `tweens' - 8-12-year-old kids who are not yet teenagers but are fast growing into their teens. It is available in the North American and Latin American markets through ... More

Tata Indicom, Reliance Mobile tie up with filmmakers
MOVIES and mobiles jell well. The common factor is the youth, which constitutes the major market segment for telecom service providers and filmmakers, who are pairing up to promote themselves to this segment. Latest in this tie-up are ... More

Margins on calls enough to absorb ADC: Baijal
THE Telecom Regulatory Authority of India (TRAI) on Tuesday said that its decision to impose an Access Deficit Charge (ADC) on roaming calls should not result in increase in roaming tariffs, given the "enormous margins". "ADC would be ... More

Bharti urges review of ADC on roaming calls
BHARTI Tele-Ventures Ltd said it is eyeing 50 million telecom subscribers by 2007 and that it plans to roll out 10,000 cellular base stations across the country. The company plans to expand its fixed line and broadband services with an ... More

Idea's instant validity service
HYDERABAD: Idea Cellular Ltd, the private cellular services provider, has announced that it would offer its prepaid customers instant conversion of talk-time to validity extension on request. Commenting on the new service, Mr Pradeep ... More

HARDWARE

BEL reworking simputer with low-cost chips
AT Bharat Electronics Ltd's annual news conference last year, the Simputer was the star exhibit that drew enormous interests and requests for demonstrations. What began as the poor man's 10-K community PC and aspired to become a gizmo freak's ... More

SOFTWARE

Size needed for growth, says Pawan Kumar
VMOKSHA Technologies hopes that being acquired will lead to larger engagements, credibility and visibility with more profitable clients. "We are yet to discuss the integration of the two companies but for now, vMoksha will continue as an ... More

Teledata gets repeat order
CHENNAI: Teledata Informatics Ltd, the Chennai-based software firm, has got repeat order worth Rs 3.90 crore for implementing school management software in 64 schools in Nagaland. This follows the successful first phase implementation ... More

MERGERS & ACQUISITIONS

Helios & Matheson to buy vMoksha
CHENNAI-based software firm Helios & Matheson will acquire vMoksha, a Bangalore-based software company, in a $19-million (Rs 85.5 crore) deal, according to Mr V. Ramachandiran, Chairman, Helios & Matheson. The purchase includes $17 million i More

Ascendas buys Tata's stake in ITPL
BANGALORE: The Singapore-based Ascendas Pte Ltd has acquired Tata Group's 47 per cent stake in the International Technology Park Ltd, Bangalore, for an undisclosed sum. The acquisition in the joint venture firm, Information Technology ... More

OFF-SHORE DEVELOPMENT

Infotech Melbourne office
HYDERABAD: Infotech Enterprises Ltd has announced that it has opened a branch office in Melbourne and has registered for business in Australia with Australian Security Investment Commission. This allows trading, locally participating in ... More

IT-ENABLED SERVICES

ITES-BPO sector to grow to $12 billion by 2006: ICRA
BUOYED by factors such as India's strong brand image in IT and the abundance of low-cost qualified labour, the domestic IT-enabled services-business process outsourcing industry is set to touch an estimated $12 billion by 2006, employing 40 lakh ... More

BONUS ANNOUNCEMENTS

MphasiS net up 26 pc; declares 1:1 bonus
SOFTWARE services firm MphasiS BFL reported a 26-per cent rise in net profit for the year 2004-05 at Rs 124.62 crore, on the back of a 32-per cent rise in consolidated revenues to Rs 765.67 crore, bolstered by new markets, new services and ... More

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