The Hindu Business Line : Wednesday, February 08, 2006

MTNL to get huge tax refund — `Licence fee is biz expense'
STATE-owned Mahanagar Telephone Nigam Ltd will get a tax refund of Rs 1,233 crore following a direction from the Income Tax Appellate Tribunal. The tribunal has directed the Income-Tax department to refund to MTNL Rs 956 crore as tax and Rs 277 ... More

CDMA operators add 1.4 m subscribers in Jan
CODE Division Multiple Access (CDMA)-based telecom operators have added 1.4 million new subscribers in January taking its total user base to 24.6 million. Of this, 1.1 million have been added in the mobile segment, 2.24 lakh in the fixed wireless ... More

HARDWARE

Intel charts new branding strategy to promote Viiv technology
Viiv is a technology aimed at advancing the emerging digital lifestyle at home, work, and people on the go. More

SanDisk Corp sets up R&D centre
FLASH memory card maker SanDisk Corporation has expanded its research and development team to India. The company also announced its foray into the Indian consumer electronics space with digital audio players and removable flash storage cards for ... More

SOFTWARE

Nasscom ropes in Booz Allen to study engg services space
India's skills in the $125-billion global engineering services market will also take centre stage at Nasscom's 15th annual India leadership event, which will kick off next week at Mumbai. More

MS unveils Malayalam language interface
WINDOWS XP users can now download Malayalam language interface pack from the Microsoft Web site. Microsoft Corporation India Private Ltd has released the language pack for Windows XP Professional and Windows XP Home editions on desktop PCs. ... More

Pilgrim management system from Bartronics
HYDERABAD: Bartronics India Ltd, a Hyderabad-based barcode solutions provider, has announced that it has successfully installed a pilgrim management system at the Siddhi Vinayaka Temple in Mumbai. This system streamlines the flow of ... More

Satyam gets audit award
HYDERABAD: Satyam Computer Services Ltd has announced that its internal audit team has received "Recognition of Commitment Award (ROC)" from The Institute of Internal Auditors, USA (IIA). ... More

Fortune Info bags E. Africa order
HYDERABAD: Fortune Informatics Ltd has announced that it has bagged an order for 1,500 licences from East Africa for its recently launched product, k-click eVat. The product helps in document authentication that has become a mandatory ... More

3i Infotech bags Kazakh order
MUMBAI: 3i Infotech has won an order for its TRITON from Bank TuranAlem of Kazakhstan. The order is valued at over $2.3 million or over Rs 10 crore, said a company release. BTA will implement TRITON to assist its operations in loan ... More

MERGERS & ACQUISITIONS

Ness Technologies signs pact to acquire Innova Solutions
IT services firm Ness Technologies Inc said on Monday that it has signed a definitive agreement to acquire Innova Solutions, which operates from the US and India, in a $25-million all cash deal of which $10 million will be paid over two years. ... More

MARKETING

Google sets up sales, marketing offices in Delhi, Mumbai
WITH an eye on increasing its advertising revenues by leveraging on direct local presence, the world's largest search engine firm Google Inc on Tuesday announced the setting-up of sales and marketing offices in Delhi and Mumbai. "These ... More

OUTLOOK

Maxis Comm plans fresh investment of $1 b in India
MALAYSIAN telecom major Maxis Communications Berhad has planned fresh investment of $1 billion in the Indian market following its acquisition of Tamil Nadu-based cellular services company Aircel Ltd. This is in addition to $1.08 billion ... More

PEOPLE

Scandent Solutions rejigs top brass — Pawar Kumar to head IT strategic business unit
AHEAD of concluding its merger with Cambridge Services LLC, IT services firm Scandent Solutions Ltd has rejigged its top management team bringing on board industry veteran Mr Pawan Kumar to head its IT strategic business unit. Mr Kumar was till ... More

Virtusa inducts marketing head
HYDERABAD: Virtusa Corporation today announced the appointment of Mr Marc Hebert as Chief Marketing Officer, responsible for corporate strategy, branding, and alliance relationships. In addition to his marketing role, Mr Hebert will head ... More