Financial Daily from THE HINDU group of publications
Saturday, June 25, 2005
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ANNOUNCEMENTS


HP to expand partner network
HEWLETT Packard is addressing the emerging small and medium enterprise market with its Smart Office strategy. It plans to expand its partner network from 200 to 400 this year, reaching out to smaller centres across the country. The Director of ... More

OUTSOURCING


Nothing to do with bank data scam, says IT firm Infinity
THE plot around the call centre scam thickened on Friday with Mr Karan Bahree, who allegedly sold account details of 1,000 UK bank customers to an undercover journalist, claiming that he had acted at the behest of another person to merely ... More

Polaris invests Rs 12 cr more in BPO venture
POLARIS Software Lab has invested an additional Rs 12 crore during 2004-05 in Optimus Outsourcing Company Ltd, which spearheads the company's BPO (business process outsourcing) initiatives. With the new investment, the company's total ... More

TELECOMMUNICATIONS


BSNL hopes to mop up Rs 500 cr through value-added services — Ties up with Mauj for movie-based mobile gaming
WITH revenues from voice calls dipping, cellular operators are heavily banking on value-added services such as games, ring tones and data downloads to keep their cash registers ringing. State-owned Bharat Sanchar Nigam Ltd on Friday said that ... More

Anil Ambani may visit Reliance Info headquarters tomorrow
MR Anil Ambani, who is soon to take charge of Reliance Infocomm, is expected to visit the headquarters of the company in Navi Mumbai this Sunday. This is the first time Mr Anil Ambani would be entering the Dhirubhai Ambani Knowledge City, as ... More

TRAI pushes for next gen systems to expand mobile market
THE Telecom Regulatory Authority of India (TRAI) is chalking out an intensive strategy to expand the addressable market for mobile phones to 75 per cent by the end of 2007 from the present level of 20 per cent. In order to achieve the target ... More

Calcutta Telephones plans Rs 380-cr investment
CALCUTTA Telephones on Friday announced plans to invest Rs 380 crore on various customer-centric initiatives in the current fiscal. Addressing a news conference here on Friday, Mr S.P. Chakravarty, Chief General Manager of Calcutta Telephones, ... More

INFRASTRUCTURE


HMA Group to develop space for IT firms
THE Chennai-based HMA Group, which provides technology solutions to banks, is planning to enter the real estate business. The company has formed a separate firm, HMA Land Pvt Ltd, for this purpose, according to Mr Harish K. Murthi, Managing ... More

HARDWARE


LG Electronics unit plans Cyber Shoppes
AS part of its focused foray into the retail segment, the IT products division of LG Electronics India Pvt Ltd (LGEIL), on Friday, unveiled plans to set up 100 `Cyber Shoppes' across the country in the current calendar year. Addressing a news ... More

SOFTWARE


Satyam brand is worth over $1 b
EVEN as Satyam Computer Services Ltd is set to hit the $1-billion mark in revenues later this fiscal, its brand value has already breached the $1-billion mark. According to the company's latest annual statement, its brand value was computed at ... More

Invensys to adopt Kenexa solution
KENEXA Technologies, a talent acquisition and retention solutions provider, has announced that the Hyderabad-based development centre of Invensys PLC, a global automation and controls provider, has signed up to implement Kenexa recruitment ... More

Jopasana, Pi Tech in pact
PUNE: Jopasana Software & Systems Pvt Ltd and the UK-based Pi Technology have signed an agreement to jointly execute projects for Pi Technology customers. The companies have agreed to an exclusive arrangement for business generation and ... More

HUMAN RESOURCES


Prithvi to invest $20 m, hire 1,500
PRITHVI Information Solutions, a Pittsburgh-based IT services provider with a development centre in Hyderabad, has drawn up plans to induct 1,500 people this year and invest $20 million in the planned IT campus here. The Chairperson of Prithvi, ... More

OUTLOOK


`Business intelligence market to touch $43 m'
FROST & Sullivan expects the Indian market for business intelligence (BI) applications to grow to $70 million by 2007, registering a compounded annual growth rate (CAGR) of 29.4 per cent. A report released by Frost & Sullivan said the demand More


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Jun. 12-Jun. 18
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