The Hindu Business Line : Saturday, June 11, 2005

Tata Tele thrust on customer care
GIVING a big thrust to customer care, Tata Teleservices Ltdon Friday kicked off two important customer-centric initiatives — opening of the first True Value Hub and flagging off of Service-on-Wheels. The Chief Operating Officer of Andhra ... More

CDMA big success in S.Korea
A typical street in Seoul where almost everyone has a mobile phone, capable of clicking snaps, watching video and listening to music. South Korea, the first "test bed'' for CDMA, has shown that the levels of penetration and services that this ... More

FINANCIAL PERFORMANCE

NIIT net rises 4-fold in Q4
NIIT Ltd on Friday reported a significant rise in its consolidated net profit for the fourth quarter ended March 31, 2005, at Rs 8.2 crore against Rs 1.9 crore in the corresponding period previous year. During the quarter, the global system ... More

SOFTWARE

Kalpathis almost exit Scandent
THE Kalpathi family, which promoted SSI Ltd, has realised around Rs 70 crore by divesting its 12.5-per cent stake in Scandent Solutions Corporation Limited (SSCL) in phases, according to a source in SSI. The family, along with Mr D.V. ... More

NIIT plans to set up varsity
THE board of directors of NIIT Ltd would meet on June 14 to discuss financial plans for setting up a University. "We have been discussing plans to set up our own university. A special board meeting would be held on Tuesday to discuss the ... More

Infotech bags NDPL deal
HYDERABAD: Infotech Enterprises Ltd has announced that North Delhi Power Ltd (NDPL) has selected the company to implement GE Smallworld GIS technology within NDPL for GIS (geographical information system) mapping of the entire distribution ... More

IT TRAINING

Animation training centre opens in Chennai
THE Maya Academy of Advanced Cinematics (MAAC), an animation and visual effects institute, has opened its training centre in Chennai. This is the institute's first centre in Tamil Nadu and 36th in the country, according to Mr Rajesh Turakhia, ... More

Satyam in pact with Australian varsity to train students
SATYAM Computer Services Ltd and Victoria University (VU) of Australia have signed a memorandum of understanding (MoU) to boost opportunities for both Victorian ICT students and businesses. The MoU was signed in Melbourne, Victoria, in the ... More

MERGERS & ACQUISITIONS

Covansys to buy 75 pc stake in Fortune Info
COVANSYS India, a subsidiary of the US-based Covansys Corporation, intends to acquire up to 75 per cent (4.05 million shares) of the Vadodara-based Fortune Infotech Ltd's common stock at Rs 32.50 a share. Fortune has operations also in ... More

E-COMMERCE & E-BUSINESS

KSRTC to unveil Internet ticket booking facility soon
THE Karnataka State Road Transport Corporation Ltd (KSRTC) will launch Awatar (anywhere anytime reservation) — Internet ticket booking facility — for its users in August. The Mangalore Divisional Controller of KSRTC, Mr P.B. ... More

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