The Hindu Business Line : Tuesday, December 06, 2005

Intel to invest $1 b in India — Says talks with Govt on manufacturing unit still on
"This investment demonstrates Intel's long term commitment. It is also a vote of confidence in India's R&D infrastructure. India has evolved into one of the world's leading technology centres." More

Intel working on rugged PC
THE Intel design team in India is working on a computing platform for the Indian market, according to the Intel Chairman, Mr Craig Barrett. "It will be dust-resistant, would have the ability to work on car or truck battery and will be aimed at ... More

SC refuses to stay SAT order on UBS Securities
THE Supreme Court on Monday declined to stay that portion of the order passed by the Securities Appellate Tribunal, Mumbai, reversing an order of the Securities and Exchange Board of India (SEBI) banning trading activities by UBS Securities Asia ... More

Sensex drops 138 on profit-booking
SHARE prices dropped on Monday following profit booking and worries over lower foreign fund inflows into the country in the wake of weakening rupee. The benchmark BSE 30 index fell by 138.30 points (1.54 per cent) from Friday's close to 8823.31 ... More

Infosys, Microsoft: Sharing success and silver jubilee
THE similarities are uncanny. Technology giants Microsoft and Infosys are celebrating the Silver Jubilee of their incorporation this year. The two companies were set up within a week of each other way back in 1981. The Redmond-based Microsoft ... More

BMC Software India to expand, hire more
BMC Software Inc, the provider of enterprise systems management, has announced that it is gearing up to significantly expand its Indian operations based out of Pune. It is all set to more than double its headcount from 600 to 1,500 in the next ... More

Cisco, funds buy 10 pc stake in Bharti Telesoft
BHARTI Group on Monday offloaded over a 10 per cent stake of its software company Bharti Telesoft to WestBridge Capital Partners, Sequoia Capital and Cisco Systems for $13.5 million. Goldman Sachs-backed WestBridge has invested $8 million, ... More

New Bay `low' spawns rain alert in TN, AP
SUNDAY'S `low' over south Andaman Sea has crossed into the Bay of Bengal overnight and lay some 650 nautical miles (1,200 km) east-southeast of Chennai at 3 p.m. on Monday. The location was traced to almost the same latitude as Jaffna in ... More

Europeans hunt for jobs in India
THE debate over Indian professionals taking over overseas jobs may lose some steam with indications of more and more foreign professionals seeking greener pastures in India. It is learnt that a small, but growing number of senior foreign ... More

Indian equities find their way into global funds' portfolio
INDIAN equities are finding more place in global funds, which are usually meant for investments in the developed markets. Indian equities, which begun graduating into diversified non-emerging market funds on the basis of Morgan Stanley Capital ... More

BSNL Chennai unveils new 3-in-1 package — Bid to increase utilisation of spare capacities
BSNL, Chennai Telephones, is offering a 3-in-1 package using which customers can avail themselves of a landline, a broadband and a mobile phone connection for a monthly rent of Rs 333. There is also a 2-in-1 offer — landline and cellular ... More

Corporate India plagued by fraud: PwC survey
ECONOMIC crime is on the rise in the country, with Indian companies now reporting newer types of crimes such as money laundering and financial misappropriation, according to the PricewaterhouseCoopers (PwC) Economic Crime Survey 2005. The ... More