Financial Daily from THE HINDU group of publications
Tuesday, December 13, 2005
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INFO-TECH

OUTSOURCING


'Services, BPO exports to touch $60 b by 2010' — Quality talent, infrastructure key to retaining offshore edge
THE country's software services and BPO exports are projected to touch $60 billion by 2010 on the back of over 25 per cent year-on-year growth, though the country would have to address critical issues such as a potential shortage of 0.5 million ... More

IBM Daksh opens 3 BTO centres
IBM Daksh on Monday opened three new business transformation outsourcing (BTO) delivery centres in Pune, Chandigarh and Kolkata. These centres would have a seating capacity of 2,100, of which one-third would be in Pune. Mr Sanjeev Aggarwal, ... More

TELECOMMUNICATIONS


Tata Indicom adds 68,000 mobile customers in Karnataka
TATA Indicom added 68,000 mobile customers in the State in November and hopes to obtain the same number of subscribers by end of this year. Speaking to Business Line, Mr Prabhat Pani, the Chief Operating Officer, Tata Tele Services, ... More

Airtel launches starter pack
KOCHI: Airtel has launched the Rs 199 pre-paid starter pack in new form. The new offer gives the customers Rs 81 talktime on activation (start up) and Rs 75 worth additional talk time on the first six recharges of Rs 250 and above. ... More

HARDWARE


Nevis Network develops chip-cum-security tool — Vinod Dham keen to invest in more cos
WITH an investment of $40 million, a chip that can work 100 times faster than the Pentium chip and lock down the local area network (LAN) from security threats has been developed at the research and development centre of Nevis Network in Pune. ... More

SOFTWARE


Oracle into supply chain management with G-Log
ORACLE is placing its eggs in numerous baskets. Now, it is not only a player in middleware and databases, but also in supply chain management. With the acquisition of G-Log, a logistics solution maker, on December 1, Oracle has entered the ... More

HUMAN RESOURCES


BPO efforts to lure school freshers `suicidal'
BPO's may propose to catch them young, but the Chairman of All India Council of Technical Education (AICTE), Mr D. Acharya, disposes of the idea. Attracting the younger crowd, fresh out of high school, will not only harm the education system but ... More

Attrition costs weigh down BPOs: Study
THREE-FOURTHS of what is shown as wage costs in a business process outsourcing (BPO) firm could be monies paid not so much for the work put in by its employees, but actually towards costs of hiring, training and rehiring. A study by the Indian ... More

MERGERS & ACQUISITIONS


Allsec buys B2K
ALLSEC Technologies, the Chennai-based provider contact centre and business process outsourcing services, has acquired B2K Corp Pvt Ltd, the Bangalore-based contact centre for $3 million-4 million (Rs 13 crore-18 crore) in cash, according to an ... More

ALLIANCES & JOINT VENTURES


Satyam in pact with Chinese co
SATYAM Computer Services Ltd has entered into a strategic partnership with the Chinese insurance software solutions company, eBaoTech, and plans to jointly promote insurance package software solutions. eBaoTech is an expert in developing ... More

Reliance Info, China Telecom tie up for direct service
RELIANCE Infocomm has entered into an agreement with China Telecommunications Corporation for direct service, including a global hubbing service, to subscribers in India and China. The agreement will pave the way for the first direct telecom ... More

E-COMMERCE & E-BUSINESS


Sharekhan plans tie-ups with banks to provide online trading platform
THE stock broking company Sharekhan Ltd is planning to ink agreements with some of the leading banks in the country to provide online trading facility to bank customers. Addressing presspersons here on Monday, Mr Saravanan, Head, Southern ... More

Cyber tuitions
DEVKI Infonet Systems has launched cybertuitions.com to promote e-learning. The services of eminent professors in any field worldwide are available on the portal. Anyone can take tuition from his office or home. A student can attend ... More

IPOS


Radiant Infosystems plans expansion, IPO
RADIANT Infosystems, a US-based technology products and services company, has embarked on a major expansion of its centres in India, and is mulling a public offer to fuel its growth plans. The Radiant Infosystems Chief Executive Officer, Mr ... More



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In Focus

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In Depth

Gender Justice
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Looking back
Dec. 4-Dec. 10
In2Cable offers broadband connection for Rs 450 a year

`Software services to create product opportunities'

India attracts investment commitment of over $8 b from global IT, telecom majors


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