The Hindu Business Line : Thursday, July 14, 2005

Keane arm bags ticketing deal
HYDERABAD: The Victorian Government, Australia, has announced that it has named a subsidiary of Keane Inc and its consortium as the preferred bidder to deliver and maintain a public transit ticketing system. The deal, inclusive of two ... More

Virinchi mulls hike of capital
HYDERABAD: Virinchi Technologies has informed the BSE that a meeting of the company's board of directors will be held on July 19, inter alia, to consider the unaudited financial results for the quarter ended June 30 along with a ... More

TELECOMMUNICATIONS

ITI bags Rs 1,233-cr BSNL network order
ITI Ltd, the public sector telecom manufacturer, has bagged an order worth Rs 1,233 crore to set up GSM mobile network of four million lines in four BSNL circles in the West Zone. The order is expected to help ITI achieve its targeted turnover ... More

Motorola to open R&D centres in India, Taiwan
MOTOROLA Inc has announced the opening of two new research and design centres in India and Taiwan on Wednesday. The new centres located in Bangalore and Taipei represents a significant commitment to technology development in Asia and Pacific ... More

Good show by Reliance Info in AP
HYDERABAD: Reliance Infocomm, which registered net subscriber additions of 4,76,033 during June 2005, thereby taking its subscriber base to over 1.2 crore, has added 45,618 subscribers in June in Andhra Pradesh. As per the latest data ... More

SOFTWARE

Aztec Soft Q1 net up at Rs 7.4 cr
AZTEC Software and Technology Services has clocked net profit of Rs 7.38 crore for the first quarter of the current fiscal, up 163 per cent compared to the corresponding previous period. The figure represents a 12 per cent rise over that ... More

Superstar Exports to buy 15.61 pc stake in SQL Star
SUPERSTAR Exports Pvt Ltd (SEPL) has agreed to acquire 15.61 per cent equity holding in SQL Star International Ltd through preferential offer route. The proposed preferential offer also includes issue of share warrants in favour of three ... More

Hurix to expand in Chennai
CHENNAI: Hurix Systems, a Mumbai-based provider of knowledge-based solutions, will expand its Chennai operations. It plans to recruit 150 people by the end of the year. It has around 50 employees working in the city, according to its ... More

C-COR Solutions expansion
BANGALORE: C-COR Solutions, a provider of broadband transport products and software systems, said on Wednesday that it expectedto double the size of its Indian development team from the current 60 to over 120 in the next couple of years. ... More

OUTLOOK

Hexaware scales down guidance
HEXAWARE Technologies has announced a sharp downward revision in the revenue and post-tax earnings guidance for the year ended December 31, 2005. Attributing the revision in forecasts to "unexpected delays in project ramp-ups in the recent few ... More

TRENDS

Infineon `chips' in to halve handset cost
MOBILE handset price is set to drop below $20 (Rs 869) with the German semiconductor manufacturer, Infineon Technologies, launching low-cost chip platform. The production costs for mobile phones could be cut by nearly a half, from the current ... More

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