The Hindu Business Line : Wednesday, May 25, 2005

Cell sites sharing: Rivals become partners
IN a bid to bring down cost of operation, private cellular operators are embarking on infrastructure sharing in a big way. Already about 50 per cent of the existing mobile cell sites are being shared between competing operators such as Hutch, ... More

Spice Tele offers no rental plan
A press statement from Spice Telecom said it has done away with all fixed charges on its new prepaid plan. "Uth Non-Stop" plan will have no rentals, monthly and administration charges. Subscribers on this plan can make calls at 50 paise ... More

INFRASTRUCTURE

IT corridor widening
Work on six-laning of the IT corridor has begun at the Madhya Kailash junction in Chennai. The Government has announced plans to develop the road according to international standards through a special purpose vehicle. The Tamil Nadu Road ... More

SOFTWARE

Infosys promoters, directors offload 5.16 m shares in ADS — Narayana Murthy may net Rs 435 cr
TOP honchos of Infosys Technologies Ltd, including the promoters and the directors, have sold over 5.16 million shares in the sponsored ADS issue, accounting for 32 per cent of the issue size of 16 million shares. This issue included a green-shoe ... More

Cordiant centre in Chennai
KOCHI: The Kochi-based Cordiant Technologies is setting up its second India Offshore Development Centre in the International Technology Park, Chennai, which is expected to commence its operations by August, according to an official release ... More

Sierra bags Malaysian deal
HYDERABAD: Sierra Atlantic, an enterprise applications provider, on Tuesday announced that it would implement Oracle E-Business Suite 11i for Dynacraft Industries, a Malaysian manufacturer of microelectronic packaging systems. While the ... More

ALLIANCES & JOINT VENTURES

Wind River Systems in pact with Wipro
WIND River Systems, a provider of device software optimisation (DSO) technologies, and Wipro Technologies have announced a strategic tie-up that will more closely align Wind River's leading DSO products and device design services with Wipro's ... More

IBM, TIFR in 5-year pact
MUMBAI: IBM and Tata Institute of Fundamental Research (TIFR) have signed a memorandum of understanding (MoU) for five years to develop talent and encourage research in computer sciences and other emerging technology, according to a press ... More

Satyam partners MS
HYDERABAD: Satyam Computer has announced it has partnered with Microsoft `Experience Insurance' initiative, offering a comprehensive approach for addressing market pressures facing the insurance enterprise. This initiative is focused on ... More

VENTURE CAPITAL

Norwest plans to exit Veraz Networks
NORWEST Venture Partners (NVP) proposes to exit from Veraz Networks once the company floats its initial public offering in about a year when it goes for a Nasdaq listing. Mr Promod Haque, Managing Partner of Norwest, said, "In all such ... More

TRENDS

Debtor days on the rise for bigger firms
BIGGER companies have seen an increase in the time taken to complete collections from clients for work done. The table tells us that for smaller software companies, debtor day figures are down compared to a year ago. (Debtor days is a ratio ... More

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