The Hindu Business Line : Friday, May 06, 2005

Reliance Info set to offer handsets below Rs 1,500
RELIANCE Infocomm is all set to offer handset prices for less than Rs 1,500 in an attempt to accelerate its customer acquisition spree. A top Reliance Infocomm official told Business Line that the company is poised to slash handset ... More

Idea lowers pre-paid tariffs
MUMBAI: Idea Cellular Ltd has reduced Idea-to-Idea local tariffs to 75 paise a minute for its pre-paid customers, an over 60 per cent drop from the existing rate. Other calls, whether made to mobile or fixed lines, will cost Rs. 1.75 ... More

FINANCIAL PERFORMANCE

Flextronics Software Q4 net rises 42 pc
FLEXTRONICS Software Systems Ltd (FSS) today posted a 42-per cent rise in its consolidated net profit for the fourth quarter ended March 31, 2005 at Rs 30 crore against Rs 21.2 crore in the corresponding period of the previous year. During the ... More

HARDWARE

Nuelight sets up design centre
NUELIGHT Corporation, a US-based company that develops technology and products for OLED (Organic Light Emitting Diode) display manufacturers, has set up a design centre in Hyderabad. The centre will develop OLED panel controllers from concept ... More

SOFTWARE

Synygy to invest Rs 50 cr more
SYNYGY Inc, a provider of Enterprise Incentive Management solutions (EIM), is investing Rs 50 crore in India. The company also plans to double its staff in its Pune office to 300 by year-end. Thirty-one per cent of the company's global staff ... More

Pune to host India leg of Microsoft Imagine Cup
PUNE will host the zonal round of the India leg of the Imagine Cup of Microsoft Corporation India Pvt Ltd on May 7. The Imagine Cup is a global contest held by Microsoft to provide students across the world with an international platform to ... More

Flextronics Software to seek shareholders' nod for delisting
THE board of Flextronics Software Systems has decided to call an Extraordinary General Meeting of shareholders to vote on the parent firm Flextronics' proposal to purchase all outstanding public shareholding in the company. FSS' President and ... More

US Soft is now US Tech International
US Software a services company based in Kerala, has changed its name to US Technology International. The name change reflects US Technology's vision as a cohesive organisation with expanding global reach, said Mr Sajan Pillai, Chief ... More

Satyam SAP offering
HYDERABAD: Satyam Computer Services Ltd on Thursday announced the launch of its Enterprise Services Architecture (ESA) service offering as part of its SAP practice. Satyam said ESA was SAP's blueprint for services-oriented architecture ... More

MERGERS & ACQUISITIONS

MindTree buys Linc Soft
MINDTREE Consulting, an international IT and R&D services company, announced it has acquired Bangalore-based Linc Software Services Pvt Ltd for an undisclosed amount. The acquisition will enhance MindTree's position in the IBM mid-range system .. More

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