Financial Daily from THE HINDU group of publications
Wednesday, March 08, 2006
Markets (March 7)
BSE Sensex10725.67 (-9.69)
S&P CNX Nifty3182.80(-7.60)
US Dollar (Buy/Sell)44.41 (+0.03)


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STORAGE


IBM expands storage products range
IBM has announced the expansion of its storage line of products for small to medium-sized businesses. The enhancements include System Storage DS4000 EXP810, a new four gigabit per second (Gbps) capable expansion unit, automated backup and ... More

TELECOMMUNICATIONS


Telecom cos get more time on FDI
The Government today announced changes in the guidelines governing increased foreign direct investment in the telecom sector from 49 per cent to 74 per cent, thus giving service providers more time to comply with the new ... More

Birlas submit DoT letters as proof
Say Tatas are Idea promoters More

Samsung unit in Haryana
MOBILE DESTINATION Mr K. T. Lee, President and CEO of Samsung Telecommunications Network Business, with the Haryana Chief Minister, Mr Bhupinder Singh Hooda, during the inauguration of a new Samsung plant in Manesar, Haryana, on Tuesday. The ... More

DoT to examine security concerns over Orascom deal
Plug loophole in FDI guidelines, says Hutch More

HARDWARE


Freescale acquires campus in Noida
Chipmaker Freescale Semiconductor announced acquisition of a 300,000-square-foot campus in Noida as part of its expansion plans. The company plans to expand to 1,500 engineers in India over the next ... More

SOFTWARE


Infosys helps Analog to cut cost
Infosys helped chipmaker Analog Devices reduce its IT operational costs by 40 per cent. Infosys, over two years, worked on application development and maintenance projects for Analog Devices, said ... More

Pure Testing, IBM launch test software
IBM Global Services in association with PT Pure Testing on Tuesday launched their latest test software, `IBM Rational Tools' for high ROI (Return on Investment) test automation, said a company release. This software is increasingly becoming an ... More

Mastek to ramp up Pune operations
Software solutions and services provider Mastek Ltd on Tuesday announced ramping up of operations at its Pune development centre, on the back of increasing business demand. The company will add at least 450 people, mainly solutions architects, ... More

Satyam launches offshore unit for Invista
Centre to be based in Bangalore More

INTERNET


Pizza Corner goes Wi-Fi
Videsh Sanchar Nigam Ltd (VSNL) & Global Franchise Architects India (owner of Pizza Corner and Coffee World) announced a tie-up to provide Tata Indicom Wi-Fi Service in all 500 outlets that GFA India plans to roll-out across the country over the More

HUMAN RESOURCES


Women workers entrench themselves in `men's preserve'
This year, on International Women's Day (March 8), let's shift focus from the highly educated, who are breaking the glass ceiling in the corporate world, to a different set women — first generation industry workers from the lower middle ... More

MERGERS & ACQUISITIONS


Subex buys US-based Mantas for $2 m
To fund buy-out thru $10-m GDR offering More

Telelogic buys out US-based I-Logix
The Bangalore-based Telelogic has acquired US-based I-Logix, provider of modelling tools for the embedded market, in an all-cash deal worth $80 million. I-Logix's product ideally complements ... More

WebEx Comm eyeing small cos for acquisition
Launches WebOffice; targets collaboration applications market More

REGULATORY BODIES & RULINGS


TRAI issues notice to 5 telecom cos for poor quality of service
More

OFF-SHORE DEVELOPMENT


CSS sets up Australian arm
Cybernet Software Systems Group (CSS), a US-based IT services group with offshore facilities in Chennai, has set up a 100 per cent subsidiary in Australia. CSS Australia will target the BFSI (banking ... More

IT-ENABLED SERVICES


Correction
The report titled `Telemarketing calls on mobiles to end' published in these columns on March 6 had inadvertently put the market size of the domestic IT-enabled services and BPO at $6 million. Nasscom has clarified that the actual figure was $600 ... More

OUTLOOK


Wins Infotek growth plans
The Technopark-based Wins Infotek, which specialises in robotics, equipment control, and fab automation software, proposes to meet its entire software requirements from India through this facility. Mr ... More

NEW PRODUCTS & SERVICES


HP launches laser multi-function printers
HP has a market share of about 53 per cent in the laser multi-function printer market. Targets small and medium business market More

Adobe Reader unveils Hindi version
Adobe Reader is now available in Hindi. Users can now open, view and print Hindi PDF files using the new version of the popular application. Adobe Systems Incorporated announced a preview version of ... More




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Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
The freight side story


Reliance Petro ties up with Australian co for oil exploration

IOC expects to maintain net at last year's level

Pharma cos fight pitched battle on patent turf

Women workers entrench themselves in `men's preserve'

Tea prices weakening

Recap bond conversion to boost bank profits

Cipla, Siemens in FTSE global large-cap index, MTNL out

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Feb. 26-Mar. 4
IT industry divided over impact of excise duty — Desktop, notebooks may turn costlier

Tatas move to buy Birla stake in Idea Cellular



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