Financial Daily from THE HINDU group of publications
Thursday, December 22, 2005
Markets (December 21)
BSE Sensex9339.17 (-7.07)
S&P CNX Nifty2822.90 (-3.30)
US Dollar (Buy/Sell)45.18/45.31


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INFO-TECH

OUTSOURCING


Lason India team head
CHENNAI: Lason India, a subsidiary of the $170-million US-based Lason Inc, has appointed Mr Thomas Denomme to lead the India Executive Leadership Team. He will focus on expanding Lason India's production capabilities and introduce new ... More

Govt urged to amend I-T laws relating to BPOs — $1-b revenue, jobs at stake, warns Nasscom
THE National Association of Software and Services Companies (Nasscom) on Wednesday said that Income-Tax law should be amended to provide that "arm's length price" for outsourced work be determined only on the basis of activities performed by the ... More

GM outsourcing deal decision seen delayed
CONTRARY to initial expectations, General Motors (GM) is likely to finalise its mega IT outsourcing contract only by the first or second quarter of calendar 2006, according to market sources. In October, it was expected that GM would take a ... More

TELECOMMUNICATIONS


Tata Indicom Xmas offer
KOCHI: Tata Indicom has come out with an attractive offer for customers in the State during the Christmas season. Under this offer, customers will get a gift along with every new connection up to December 31. The offer is available at ... More

SOFTWARE


Sanrasoft's anti-virus tool
CHENNAI: Sanrasoft has unveiled Rudra, an anti-virus tool that protects PCs from viruses and malicious codes such as Trojans, worms, and spyware, according to a company official. The product, which is to be commercially launched next ... More

Small software companies riding the market boom
IF you thought financial intermediaries such as stockbrokers are the only service providers doing superbly in these bullish markets, think again. Unseen by many, a small side story is unfolding rapidly in the realm of those who churn out what are ... More

MERGERS & ACQUISITIONS


Flextronics increases its stake in Indian subsidiary to 94.3%
FLEXTRONICS, a Singapore-based multinational, has acquired more than six per cent stake in its Indian subsidiary - Flextronics Software Systems (FSS) - from the open market. Flextronics Sales and Marketing bought 21.75 lakh shares, ... More

VisualSoft rejigs biz, fixes share swap ratio
Following the merger of AppLabs Technologies and eSolutions, VisualSoft has decided to realign its business on two key areas of product development services and software testing services while eliminating low profitability businesses. More

Cranes' takeover of Systat okayed
BANGALORE: Cranes Software International Ltd has informed BSE that the board of directors at its meeting held on Wednesday, has approved the takeover of the entire business operations of its 100 per cent subsidiary - Systat Software Asia ... More

OFF-SHORE DEVELOPMENT


Fiserv launches Indian operations
THE US-based Fiserv Inc, which offers IT solutions to financial services industries, today announced its entry into India with plans to open a software and services facility. The company is also keen on acquiring Indian firms with specific ... More

Sasken to set up centre in Mexico
TELECOM product company Sasken Communication Technologies Ltd will set up an international development and support centre in Mexico. The facility will be operational by the end of the first quarter of 2006. This centre will focus on embedded ... More

E-COMMERCE & E-BUSINESS


MCX to provide real-time price info to State e-centres
THE Kerala State IT Mission (KSITM) and the Multi-Commodity Exchange of India (MCX) have entered into an agreement for dissemination of commodity price information through the e-krishi electronic platform and select Akshaya e-centres in the ... More

STPI goes online with Oracle applications
THE Software Technology Parks of India (STPI) on Wednesday said it has implemented Oracle applications to offer services such as online registration of software exporters and online procurement. "We have gone live with online registration of ... More

SECURITY


`Mobile threats set to rise faster'
ANTIVIRUS company McAfee Inc warns there will be a significant rise in the number of global mobile threats in 2006. According to the company's R&D lab - AVERT Labs - mobile malware has grown almost 10 times faster than PC malware over ... More

CONVERGENCE


Soon you can watch your own TV channel
YOU could soon have an exclusive TV channel for your family. You could even see the person calling you on your home telephone on TV even as you talk. Or imagine being able to record and rewind the latest live action in cricket. Germany-based ... More

EVENTS


Seminar on IT, knowledge sharing
THE Mangalore University Economics Association conducted a seminar on `Facets of information technology and the knowledge sharing process' at Aikala in Mangalore taluk on Wednesday. Inaugurating the seminar, Mr B.R. Bhat, General Manager of ... More



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`Mobile threats set to rise faster'


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In Focus

Dynamic Tirupur
Trends in IT - 2005
FDI in retail sector
Indian Aviation: Sky is the limit
India Inc's bonus bonanza
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Dec. 11-Dec. 17
Nokia to set up global network solution centre in Chennai


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