The Hindu Business Line : Saturday, May 07, 2005

Lason India takes BPO boom to villages
MS P. Sharmila, a 24-year-old entrepreneur, is running a business processing outsourcing (BPO) firm. Unlike most of the CEOs running their businesses from air-conditioned rooms, she runs her firm — Chida Soft — from a small room in ... More

TELECOMMUNICATIONS

Mobile users willing to spend on upgrades: IDC study
MOBILE users are willing to spend on an average Rs 3,000 more to upgrade their handsets to have features such as digital camera, FM radio and speaker phones, according to the IDC India Mobile Handsets Study 2005. At present, the average amount ... More

TRAI moots directory of mobile phone subscribers — Users to have choice over listing
DESPITE the objections raised by the industry, the Telecom Regulatory Authority of India (TRAI) has recommended bringing out telephone directory of mobile users. However, mobile users who do not wish to get their names listed can opt out of the ... More

SOFTWARE

SAP implementation — `Indian vendors lack skills for early phase'
IN the wake of an increasing number of companies in North America and Europe looking to Indian vendors for SAP implementation and maintenance support, a Forrester report has said that while Indian players have functional and technical SAP ... More

Sun Micro to expand, localise products
HAVING identified India as one of its growth sites for R&D, Sun Microsystems, is planning to ramp up its operations to about 2,000 people in two years. The company also expects the Indian operations to work on developing products to suit the ... More

Software comes to creator's aid in foreign land
IT is not often that a software tool that one helped create should come to one's own help in alien land and help save the day, apart from precious baggage. This is what happened to Mr Rajeeve RV, a software engineer with IBS Software Services ... More

STPI Hyderabad clocks 65 pc growth in '04-05
BEATING conservative growth estimates of 45 per cent for fiscal 2004-05, the Software Technology Parks of India (STPI), Hyderabad, has recorded a substantial 64.5-per cent growth in exports. "STPI-Hyderabad has achieved total software exports ... More

Infosys ADR to open on May 9
INFOSYS Technologies's second sponsored ADR offering of 1.6 crore American Depository Shares will open on May 9. In a notice to the BSE on Friday, the company said the issue will close on May 19. If it goes through, the ADS float will increase ... More

INTERNET

`Online ad spend set for big leap'
INTERNET advertising is waiting to explode especially in sectors such as entertainment and telecom. Internet and Online Association (IOA), which has estimated that the number of Internet users will go up to 100 million by 2007, believes that ... More

MERGERS & ACQUISITIONS

Barings plans to sell MphasiS stake — Investment banker appointed
MPHASIS BFL has said that Barings Pvt Equity Partners, the largest shareholders in the company (36 per cent share) has appointed an investment banker to explore the sale of its stake in the company, based on `significant premiums for unsolicited ... More

REGULATORY BODIES & RULINGS

TRAI bid to decongest mobile networks — May open up 450 Mhz radio frequency band
IN a bid to decongest mobile networks, the Telecom Regulatory Authority of India is set to propose opening up the 450 Mhz radio frequency band for the first time. Though this spectrum will be earmarked for the Code Division Multiple Access ... More

ALLIANCES & JOINT VENTURES

SQA Labs to invest $15 m in Vensoft over 3 years
SQA Labs Inc, a US-based software solutions provider for mortgage lending and financial services industry, has decided to invest $10 million-15 million in the Hyderabad-based Vensoft India Private Ltd in the next three years. An understanding ... More

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