Financial Daily from THE HINDU group of publications
Tuesday, April 18, 2006
Markets (April 17)
BSE Sensex11539.68(+302.45)
S&P CNX Nifty3425.15 (+79.65)
US Dollar (Buy/Sell)45.14 (-0.01)


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

INFO-TECH

MERGERS & ACQUISITIONS


Flextronics to sell 85 pc stake in software unit to KKR
Enterprise valuation estimated at $900 million More

Oracle raises i-flex stake to 50.6 pc
Hefty premium paid for the latest tranche of acquisition More

KKR arrives here
BIGGEST LEVERAGED BUYOUT: Mr Arun Kumar , President & MD, Flextronics Software Systems, and Mr Ash Bhardwaj , CEO, Flextronics Software Development and Solutios Business, at a press conference in the Capital on Monday. They announced that an ... More

TELECOMMUNICATIONS


MobileNXT invests $5 m in retail project
MobileNXT Teleservices, a Bangalore-based firm funded by a consortium of high net worth investors, has invested $5 million in a mobile retail chain project. The company will focus on Tier 2 and 3 cities in the country, where adoption of mobiles ... More

Private telecom operators pull the plug off 700 VPTs
Private telecom operators may be adding subscribers but when it comes to village telephony it is left to the State-owned Bharat Sanchar Nigam Ltd. Private fixed line operators have quietly pulled the plug off nearly 700 village public ... More

`Resolve security issues raised on Huawei'
Chinese cos' proposal pending with FIPB More

INFRASTRUCTURE


MS, Honeywell allotted land in AP
Microsoft Corporation India has been allotted about 6.8 acres of additional land near the existing campus here to meet its requirements for expansion. The company currently employs about 3,600 people and has projected that it would potentially ... More

HARDWARE


Intex Tech revenue target
Intex Technologies, an IT hardware company that manufactures computer peripherals and consumer electronics, is targeting a revenue of Rs 70 crore from south India alone in the financial year 2006-2007, according to Mr Narendra ... More

SOFTWARE


SumTotal tool for Charles Schwab
SumTotal Systems has announced that Charles Schwab & Co Inc has purchased SumTotal's LMS 7.1, an enterprise platform solution for analysing, storing and delivering learning. Schwab will use the software, among other things, to .. More

HUMAN RESOURCES


TCS plans to hike wages, headcount
Attrition rates below industry average. More

VENTURE CAPITAL


Norwest Venture Partners raises $650 m
Heavy focus on India investments More

RIGHTS ISSUE


CalSoft to raise Rs 23 cr from rights issue
Chennai-based California Software Company today announced a rights issue to raise Rs 22.73 crore. The offer of seven shares for every 10 held is being made at a price of Rs 66 a share. The issue will raise the paid-up equity capital of the ... More

BONUS ANNOUNCEMENTS


TCS net rises 76 pc in Q4
Announces 1:1 bonus and a final dividend of Rs 4.50 per share More

OUTLOOK


TCS sees stable margins despite hike in salaries
Effects 15 pc hike for offshore, 3-5 pc increase for onsite staff More

PEOPLE


Satyam inducts Nick Sharma
Satyam Computer Services Ltd has inducted Mr Sreenidhi `Nick' Sharma as Senior Vice-President for its Infrastructure Management Services (IMS). According to a statement, Mr Nick will build Satyam's competencies in the IMS around ... More
Advt Links: Construct Data About:Blank tax deductions Tanning Beds Personal Computing resources Hawaii Vacations - Hanalei Bay Resort Business Health Insurance



Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
Union Budget 2006-2007

Economic Survey 2005-2006


Pick a Winner Stock Market Contest

Top Stories
Has Arcelor been softened?


PMS space expands with more entrants in fray

HDFC Bank net up 30% on rise in fee, interest income

Sops removed for EOUs, SEZs under job scheme

Inflation kept under check: RBI

ICICI Pru launches cancer care product

Paper products price revision on the cards

`Govt to accord priority to biotech sector'

Private telecom operators pull the plug off 700 VPTs

Farmers hold back wheat as buyers queue up

Auto components cruise on top gear this fiscal

In Focus

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

In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
More

Looking back
Apr. 9-Apr. 15
5 m new mobile subscribers in March

Telecom subscriber base grows to 14 cr in 2005-06

`We are 25, dreaming, daring `



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line