The Hindu Business Line : Tuesday, August 02, 2005

`No impact of bandh on BPO operations in Gurgaon'
THE bandh called by trade unions on Monday had no impact on the operations of business process outsourcing (BPO) companies in Gurgaon. "There was no impact of the bandh, and business continued as usual. Our cabs continued to operate ... More

`BPO space to hot up with mergers, IPOs'
THE business process and knowledge process outsourcing industry seems poised for a hectic round of consolidation. The total value of mergers and acquisitions (M&A) and initial public offerings in the Indian BPO and KPO industry could touch $3-5 . More

MphasiS BPO bags multi-year SBI order? — Brisk hiring of people with local language skills
MPHASIS BPO, formerly MsourcE, has forayed into the domestic business process outsourcing market with a bang. The company recently bagged a major multi-crore, multi-year order from State Bank of India, sources said. The SBI deal size could be ... More

Northgate BPO revenue, net spurt
NORTHGATE BPO Services Ltd has recorded total income of Rs 21.82 crore and a net profit of Rs 4.06 crore for the quarter ended June 30, 2005 as against a total income of Rs 5.97 crore and a net profit of Rs 0.63 crore for the corresponding ... More

TELECOMMUNICATIONS

BSNL targets non-metros
UNLIKE private cellular companies, Bharat Sanchar Nigam Ltd (BSNL) does not consider metros as hot spots. With a target of over eight lakh new users, Uttar Pradesh is set to be the biggest market for the State-owned company during the current ... More

TRAI likely to base ADC on revenue share model
TELECOM tariffs are set to go down further with the Telecom Regulatory Authority of India (TRAI) likely to bring in an access deficit regime based on the percentage of the revenues earned by the operators instead of the current system where it is ... More

Nokia planning network operating centre: Maran
NOKIA plans to set up a network operating centre in India, and that could possibly come to Chennai. The centre would do remote monitoring of its network operating system in the Asian region. "We are expecting a statement from Nokia in this ... More

STOCKS

Foreign holding in Satyam up at 75 pc
THE total foreign shareholding, including global depository shares (GDRs), has gone up to 75.02 per cent during the quarter ended June 30, up from 67.95 per cent held during the fiscal ended March 2005. In its latest filing with the stock ... More

FINANCIAL PERFORMANCE

D-Link Q1 net down 21 pc
D-LINK has reported a 20.8-per cent fall in net profit for the first quarter ended June 30. The quarterly net profit amounted to Rs 5.44 crore as against Rs 6.87 crore reported for the corresponding quarter of the previous fiscal. Additional ... More

HCL Peripherals sees Rs 360-cr revenue
HCL Peripherals, a unit of HCL Infosystems Ltd and manufacturer of computer products, expects an increase in revenue to Rs 360 crore for fiscal ending June 2006, compared to Rs 260 crore last fiscal, according to the company's Executive ... More

HARDWARE

HCL unveils PC for Rs 9,990
HCL Infosystems Ltd on Monday unveiled a fully functional low-cost personal computer at Rs 9,990. Mr Dayanidhi Maran, Union Minister of Communications and Information Technology, launched the Linux-based PC at a press meet. The low-cost PC ... More

Xenitis low-cost PC
CHENNAI: Xenitis Group has launched a personal computer (PC) for Rs 9,790. Priced marginally lower than that launched by HCL Infosystems on Monday at Rs 9,990 with the processor from Via Technologies, Xenitis' PC is based on the Intel ... More

SOFTWARE

Satyam bullish on insurance, to induct domain experts
SATYAM Computer Services is bullish on insurancepractice, which has emerged as one of the fastest growing verticals for the company. It plans to significantly expand its operations and offerings across the US and European markets by providing ... More

New accounting software
HYDERABAD: ABN Information Technologies Ltd, a Delhi-based software company, has launched ICASoft, an accounting and inventory management software package. This has been designed as a mini-ERP (enterprise resource planning) solution ... More

OFF-SHORE DEVELOPMENT

NetEnrich to invest $6 m in India expansion
NETENRICH Inc., a Santa Clara-based IT infrastructure products and services company, plans to expand its Indian operations based in Hyderabad by investing about $6 million in the next 18 months. Its President and Chief Executive Officer, Mr ... More

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