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Tuesday, July 05, 2005

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TELECOMMUNICATIONS


Idea unveils cell-to-cell STD calls at 99 paise
IDEA Cellular Ltd today announced a tariff of 99 paise per minute for cell-to-cell STD calls made by its subscribers in Delhi. The tariff will be applicable for calls made to any private GSM mobile network.Idea subscribers will have to pay Rs ... More

Essar Teleholdings acquires 3.43 pc more in Hutchison for Rs 267 cr
ESSAR Teleholdings' stake in Hutchison Essar has risen to 30.42 per cent from 26.99 per cent, the company having acquired an additional stake of 3.43 per cent in the latter for Rs 267 crore. The acquisition, which was made on June 30, resulted ... More

HARDWARE


Hardware exports touch Rs 8,000 cr in 2004-05: ESC
ELECTRONIC hardware exports from the country is estimated to have touched Rs 8,000 crore during 2004-05, according to provisional estimates by the Electronics and Computer Software Export Promotion Council (ESC). "Highlights of the year's ... More

SOFTWARE


Polaris Soft wins European co order for risk treasury
POLARIS' Intellect Treasury solution has been chosen by one of the world's leading financial services company for its risk treasury business in Europe. This multi-location implementation deal was won amongst competition from the current ... More

IT TRAINING


Boston Group in pact for online training model in life insurance
THE Boston Group, an IT Solutions provider, has announced that it has entered into an agreement with the Asosiasi Asuransi Jiwa Indonesia (AAJI) to develop and deploy Indonesia's first online training program in life insurance. AAJI is ... More

MERGERS & ACQUISITIONS


Megasoft to pick 60% in German co
CHENNAI: Megasoft, an IT firm, is acquiring a majority stake in beam AG, a German IT services company. Megasoft plans to take a 60 per cent stake in the German firm, which posted a turnover of £1.4 million last fiscal, through an ... More

NEW PROJECTS


SAP opens centre for Netweaver platform
SAP, the leading provider of business software solutions, today said it would launch an Indian version of its integrated business management solution, `Business One' by the year end. SAP also announced the opening of a Centre of Excellence of ... More

ALLIANCES & JOINT VENTURES


Encore teams up with Datanet to offer fund transfer solutions
ENCORE Software has entered into a strategic partnership with Datanet Systems Ltd to develop an application that will enable transfer of funds between two countries, using Encore's mobile, hand-held devices and Datanet's proprietary smart-card ... More

Calsoft, Phoenix Tech tie up
CHENNAI: California Software Co Ltd (Calsoft), a Chennai-based IT company, has announced that its wholly owned US subsidiary, California Software Labs (CSWL Inc), has entered into an alliance with the Nasdaq-listed Phoenix Technologies and ... More

TRENDS


Gartner sees IT services segment growing 19.8%
THE Indian IT services market, which has recorded a strong growth at 26.7 per cent in 2004-05 for the Asia-Pacific region, is projected to grow at a compounded annual growth rate (CAGR) of 19.8 per cent through to 2009, according to a report by ... More


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In Depth

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Looking back
Jun. 26-Jul. 2
ITES exports surge 41 pc: ESC

`Vendor consolidation the norm today'

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TCS in BPO venture with Microsoft, Chinese cos

VSNL close to tying up S. Africa telecom deal — Completes acquisition of Tyco Global

Stake dilution for knowhow acquisition — Tata Tele in talks with SK Telecom


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