The Hindu Business Line : Tuesday, October 25, 2005

LG plans new plant for optical storage devices
CONSUMER electronics manufacturer LG Electronics India is gearing up for the next round of action at its Ranjangaon, Maharashtra, manufacturing facility — this time with plans to set up a new plant to manufacture optical storage devices ... More

OUTSOURCING

HR practices in Indian BPOs are setting global standards: Nasscom
HITTING out at a spate of reports on the labour issues in the BPO industry, Nasscom today said that the "cutting edge" HR practices followed by BPO firms in India were setting standards for even the developed nations. "We take pride in the fact ... More

Holland to encourage outsourcing to India
THE Dutch Deputy Prime Minister and Minister for Economic Affairs, Mr Laurens Jan Brinkhorst, said his government would encourage outsourcing in the ICT sector and would work to convince Dutch industry about the benefits of outsourcing to India. ... More

TELECOMMUNICATIONS

Mobile Hutch Shop launched in Chennai
HUTCH introduced its Mobile Hutch Shop, a van that is manned and equipped to provide services to customers, here. Mr Samuel Selvakumar, Operations Director - South, Hutch, declined to comment on Hutch's actual share of the market in the ... More

GSM, CDMA operators meet Parliamentary panel on spectrum issue
WITH congestion on mobile networks worsening across the country, the GSM and CDMA operators today met the Parliamentary standing committee to present their case for releasing additional spectrum. The two rival camps have been at loggerheads ... More

Foreign equity holders in cellular cos may up stake
THE Government's decision to increase FDI in telecom sector to 74 per cent is expected to result in some significant announcements over the next few weeks by existing foreign stakeholders in Indian cellular companies such as Airtel and ... More

INFRASTRUCTURE

India-Tech Foundation to host biz summit
INDIA-Tech Foundation, an initiative supported by the Government, will host the seventh International Infrastructure Business Summit and Expo between November 9 and 11 in Mumbai. This was announced at a press conference here on Monday by Mr Indra ... More

FINANCIAL PERFORMANCE

Virinchi Tech Q2 net up
HYDERABAD: Virinchi Technologies Ltd has recorded a total income of Rs 6.17 crore and a net profit of Rs 2.06 crore for the quarter ended September 30, 2005 against a total income of Rs 5.08 crore and a net profit of Rs 1.40 crore for the ... More

SOFTWARE

Software majors turn in robust performance
FRONTLINE software companies have turned in a robust performance on the revenue and earnings front for the quarter ended September 30, 2005. A few key variables stand out in this earnings performance (see table): Financials The ... More

HCL Info in pact with Bull
NEW DELHI: HCL Infosystems on Monday announced a partnership with the Europe-based IT firm Bull to launch enterprise class servers on open architecture. As per the partnership, Bull would provide the technology for Linux-based servers, ... More

HUMAN RESOURCES

Prithvi Info to hire more
PRITHVI Information Solutions Ltd plans to induct about 1,500 people in India by September 2006. This is aimed at bringing down dependence on onsite work, slash costs, and increase offshoring business through its centres in Hyderabad and ... More

TRADE & LABOUR UNIONS

Telecom officers seek withdrawal of DoT order
INDIAN Telecom Service officers on Monday presented a memorandum to the Department of Telecom seeking a roll back of the order, which withdrew 1,300 telecom officers from Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd. The ITS ... More

BROADBAND

Three more airports wi-fi enabled in TN
AIR travellers passing through the airports of Madurai, Coimbatore and Tiruchi can log on to the Internet with their laptops, as Bharat Sanchar Nigam Ltd (BSNL) has made these airports wi-fi (wireless fidelity) enabled. A wi-fi facility ... More

EVENTS

Over 270 cos to take part in BangaloreIT.in
THE stage is set for the eighth edition of BangaloreIT.in 2005 that will take off on Wednesday, even as the city continues to grapple with its deteriorating infrastructure. Over 270 companies, including 120 international and 150 local firms, ... More

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