Financial Daily from THE HINDU group of publications
Saturday, October 29, 2005
Markets (October 28)
BL 2502177.51 (-45.71)
BSE Sensex7685.64(-112.85)
S&P CNX Nifty2316.05 (-36.85)
US Dollar (Buy/Sell)45.04/45.17
Gold Std (10 gm)6970 (+5)


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INFO-TECH

OUTSOURCING


Jones Lang LaSalle may outsource chunk of call centre work to India
EVEN as the company has outlined plans to significantly increase its headcount in India, leading real estate services and money management firm Jones Lang LaSalle is looking to outsource a chunk of its call centre work - that involves handling ... More

DoT relaxes infrastructure sharing norms for BPOs
THE Department of Telecommunications (DoT) has relaxed the conditions for sharing of infrastructure between domestic and international call centres which will enable any ITES-BPO company with more than 50 seats to use its infrastructure for both ... More

FINANCIAL PERFORMANCE


Sasken Q2 net up 78 pc
SASKEN Communications Technologies Ltd has reported a 78-per cent rise in net profit at Rs 11.67 crore on total revenues of Rs 86.39 crore for the quarter ended September 30, 2005 over the corresponding quarter last year. Revenues from ... More

NIIT Tech Q2 net marginally down
NIIT Technologies Ltd has reported 2.5 per cent drop in net profit in the second quarter ended September 2005 to Rs 15.1 crore compared to Rs 15.5 crore clocked during the corresponding period previous year. During the quarter, revenues jumped ... More

Investments impact i-flex net in Q2
I-FLEX Solutions Ltd has reported a 42.5 per cent increase in net profit for the second quarter ended September 30, 2005; however the consolidated net profit for the quarter showed a marginal decline. "While the quarter witnessed a healthy ... More

SOFTWARE


Wipro best suited for large-scale SAP projects: Forrester
FORRESTER Research Inc, in an independent survey, has ranked Wipro Technologies, the global IT services division of Wipro Ltd as the "leader best suited for large-scale, global SAP projects." Forrester evaluated Wipro's current offering and ... More

Fonts in 22 official languages in 8 months: Maran
IN an effort to extend the benefits of information technology to the masses, the Government has initiated steps to bring down prices of personal computers further and to launch fonts in other official languages within eight months. The Union ... More

RESTRUCTURING


VisualSoft to restructure operations — Combined entity to notch up $70 m revenues
THE merger of VisualSoft Technologies Ltd, AppLabs Technologies and eSolutions is likely to be completed by the fiscal-end and the combined entity of VisualSoft, which will be the flagship company, is likely to notch up revenues of about $70 ... More

MERGERS & ACQUISITIONS


Vodafone buys 10% stake in Bharti Tele for Rs 6,700 crore — SingTel evinces interest to hike stake
THE world's largest telecom player Vodafone today made its re-entry into the Indian mobile market by picking up a 10 per cent equity stake in the country's largest private sector telecom operator Bharti Tele-Ventures (BTVL) for Rs 6,700 crore ... More

Mega deals in telecom

  • Essar bought out BPL's 64 per cent stake in BPL Communications Ltd for Rs 4,400 crore.
  • Warburg Pincus sold 12 per cent stake in Bharti in three tranches for a total of about Rs 4,600 crore.
  • Tata and A.V. Birla Groups bought out ... More

    TRADE & LABOUR UNIONS


    `Unionism in IT may not take root here'
    TRADE unionism in IT is not a bad idea, but it may not take root here, felt HR managers attending a HR conference at the Bangalore IT.in here. Commenting on the move by CPI (Marxist) to unionise the IT and ITeS sector workers, Mr C. ... More

    BROADBAND


    GAIL, PowerGrid, RailTel join hands for telecom operations
    STATE-owned GAIL (India) Ltd, Power Grid Corporation of India Ltd and RailTel have announced plans to synergise their telecom operations by pooling in their telecom infrastructure to become the country's second largest broadband service provider, ... More

    ISPS


    Migration to IPv6 likely by 2006
    IPv6, the next generation of Internet Protocol (IP), is replacing the older version (IPv4) across the world. Countries such as India need to adopt it to ensure that an updated network infrastructure is ready for future technology advancements. ... More

    EVENTS


    `HR is growth engine for business'
    THE HR job today is tougher than ever before. This was the conclusion at a HR conference at the BangaloreIT.in here today. Speakers at the seminar titled `Managing People - Driving Business,' HR practitioners were of the opinion that the ... More

    IT service forum opens India chapter in Bangalore
    THE IT Service Management Forum launched its India chapter on Thursday at Bangalore IT.in. The UK-based Forum is an independent body of IT service management professionals, worldwide. Till date, 37 countries, including India, are members of the ... More

    PIRACY


    DLM Digital ties up with Japanese co for tech to curb film, music piracy
    DLM Digital Studios (P) Ltd, a Chennai-based company that provides special effects, computer graphics and animation for the entertainment industry, has tied up with a Japanese company to bring in a technology, which, it says, will help in greatly ... More

    IT-ENABLED SERVICES


    A call centre with a difference at Bangalore
    THIS one is not just another call centre. From early next year, Bangalore will house a call centre offering 24x7 counselling services covering issues such as marriage, divorce, work pressure, investment advice, anger management, etc. PPC ... More



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    In Focus

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    In Depth

    Gender Justice
    Simple Economics
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    Looking back
    Oct. 16-Oct. 22
    Spatial pictures of nations on the Web, a security risk: Kalam

    Campus in H'bad and Chennai, Pune learning centre — Kanbay in expansion mode

    Online auction to help discover price for carbon credits


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