![]() Financial Daily from THE HINDU group of publications Saturday, July 23, 2005 |
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INFO-TECH PREFERENTIAL ALLOTMENTS SSI to allot shares, warrants to promoters SSI Ltd will allot on a preferential basis shares and convertible warrants to its promoter directors. The three promoters, Mr Kalpathi S. Aghoram, Mr Kalpathi S. Ganesh and Mr Kalpathi S. Suresh would receive 1.16 lakh each preferential shares, ... More OUTSOURCING Wipro BPO trims team Revenues to remain muted for next two quarters WIPRO BPO, which is transitioning from a predominantly voice-based outfit to a non-voice-driven business, has reduced headcount by 2,000 to 13,630 people, during the first quarter of this fiscal. In the previous quarter, (Q4 of financial year ... More
TELECOMMUNICATIONS TRAI for mobile number portability "Thirty per cent of mobile users are ready to change their operator if given a better option." More
Tata Tele's Truepaid services in Kerala FINANCIAL PERFORMANCE
Wipro Q1 net rises 20 pc at Rs 428 cr, revenues up 28 pc `Global IT business continued to sustain momentum'STRONG rupee, high sales, marketing and visa costs, and a muted growth in its business process outsourcing (BPO) outfit impacted Wipro Ltd's first quarter earnings that fell short of expectations marginally. Wipro reported a 20 per cent growth ... More
Polaris Software posts 46-pc drop in net profit
Tata Elxsi net at Rs 6.59 cr HUMAN RESOURCES Role fitment sees 150 out in Polaris POLARIS Software Labs has carried out a "role fitment" exercise and found around 150 employees unsuitable to work in the company, and they have left the firm in the quarter ended June, according to Mr Arun Jain, CEO and Managing Director. "It ... More E-COMMERCE & E-BUSINESS
`e-commerce growing at over 50 pc'THE volume of e-commerce in India at present is Rs 570 crore with an annual growth rate of more than 50 per cent and is estimated at $10 billion in the next decade, according to Mr Rajeeva Ratna Shah, Member Secretary, Planning Commission. Mr ... More EVENTS Cos to boycott Bangalore IT.in `Last year's promises have not been kept and no progress has happened on the infrastructure front.' More OUTLOOK Premji expects 12 pc wage bill rise over 2 years WIPRO's Chairman, Mr Azim Premji, said on Friday that the company expects a wage inflation of 12-13 per cent over the next two years. While wage inflation at the campus level was reasonable with moderation at 7-8 per cent a year, it was ... More PEOPLE
Premji turns a charmer, casts a spellTHE usual quarterly earnings announcement by Wipro was a day of many firsts for the 59-year-old Wipro Chairman, Mr Azim Premji. The first in many years he was addressing the event without the Vice-Chairman, Mr Vivek Paul, by his side. The ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Jul. 10-Jul. 16 Now outsource thinking, a la Virtusa You can go mobile on flights soon! Infosys to hire 13,500 more, scales up capex Intel team coming for talks on unit Hexaware scales down guidance Satyam launches Futurus lab BSNL takes group life cover from LIC for Rs 4,770 cr |
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