The Hindu Business Line : Thursday, May 04, 2006

Correction
With reference to the report titled "Hitachi Data's Diskless Version" which appeared in these columns on April 28, Redington was appointed as a distributor by another subsidiary of Hitachi - Hitachi Global Storage Technologies - and not Hitachi ... More

OUTSOURCING

Scandent PLM centre in Bangalore
Scandent Solutions has announced the setting up of its Product Lifecycle Management (PLM) Innovation Centre here. It will offer a wide range of PLM solutions and services to the automotive, hi-tech and consumer packaged goods ... More

TELECOMMUNICATIONS

Global majors eyeing BSNL's cellular project
Opening of bids postponed to May 31 More

A new range of mobiles from Sony
Now you can attach speakers to your mobile phones. Sony Ericsson today unveiled desk and portable speakers called mobile docking stations, which can be attached to the phone to enhance its music output. These speakers are compatible with Sony ... More

FINANCIAL PERFORMANCE

MRO-Tek net, revenues rise
MRO-TEK has reported a growth of 323 per cent in net profits and 21 per cent in revenues for the year-ended March 31, 2006, over the previous year. Net profits for FY06 stood at Rs 17.56 crore on revenues of Rs 144 crore as compared to a net ... More

Goldstone Tech posts Q4 loss
Goldstone Technologies Ltd has recorded total sales of Rs 16.84 crore and a loss of Rs 1.58 crore for the fourth quarter ended March 31, 2006 against sales of Rs 4.40 crore and a loss of Rs 2.36 crore for the corresponding quarter last ... More

Zen Tech Q4 income, net up
Zen Technologies Ltd has recorded total income of Rs 14.71 crore and a net profit of Rs 7.37 crore for the fourth quarter ended March 31, 2006 as against total income of Rs 9.69 crore and a net profit of Rs 3.49 crore for the ... More

HARDWARE

Intel to invest $1 b on PC access
Bangalore, May 3Intel Corporation will invest over $1 billion in the next five years to expedite access to technology and education in the world's developing communities. The five-year objectives of Intel's ... More

Khare re-elected ISA Chairperson
India Semiconductor Association (ISA), the industry representative body, announced that Mr Rajendra Khare, Managing Director, Broadcom India, has been re-elected Chairperson of ISA in the organisation's Executive Council ... More

SOFTWARE

Good Tech tool for mobiles
Good Technology has announced its upgraded version GoodLink 4.8 that helps better manage mobile data. The newest version of the messaging software and service enables enterprises to deploy and centrally manage and secure growing ... More

Sierra Atlantic wins Malaysian order
Sierra Atlantic has announced that it has won a $1-million deal, from Malaysia's largest port - Port of Tanjung Pelapas (PTP) in Johor, for Oracle e-Business Suite implementation. Sierra Atlantic will provide complete ... More

SumTotal unveils enhanced suite
SumTotal Systems, a provider of learning and business performance technologies and services, has released SumTotal Enterprise 7.2, which is the newest version of its enterprise software suite. "This release showcases the work ... More

Cisco's sales pitch
TAKING TOOLS TO SMBS: Mr Ranajoy Punjoy, Vice-President, Marketing, Cisco Systems India and SAARC, unveiling in the capital, the company's `Network on Wheels'. The mobile showcase of customised Cisco networking solutions including advanced ... More

MERGERS & ACQUISITIONS

Secova, UltraLink merge
Secova eServices Inc and UltraLink Inc, both US-based companies with the former having a development centre in Chennai, have merged to form a single service provider of human resources and employee benefits administration. Secova's investor, ... More

ALLIANCES & JOINT VENTURES

iGATE, Owens Corning in pact
iGATE Global Solutions has signed a multi-year deal with Owens Corning, a US-based Fortune 500 firm offering building material systems and composite solutions. iGATE will be one of the Owens Corning's strategic partners for providing supply chain ... More

HCL, Dish TV in 5-year pact
H service provider will leverage HCL's distribution and service support reach More

Wipro ties up with salesforce.com
Wipro Technologies has entered into an alliance with salesforce.com, inc, a player in customer relationship management (CRM). The alliance will focus on enterprise customer adoption of on-demand computing, spanning on-demand ... More

OFF-SHORE DEVELOPMENT

Systimax plans centre in Bangalore
The US-based Systimax plans to set up an executive briefing centre in the city in June. It will be built to offer an option to set up an R&D team, said Mr Ispran Kandaswamy, Vice-President and Managing Director, Systimax Solutions, APAC. ... More

SOCIETY & DEVELOPMENT

MS project boon to Lakshadweep school
Power-point based teaching sees class average going up sharply More

EXPORTS & IMPORTS

Karnataka IT exports may touch Rs 50,000 cr
70,000 new jobs created by IT sector in the State during FY06 More

OUTLOOK

CSC bullish on global infrastructure services
To hire 2,000 more across India delivery centres More

PEOPLE

New company secy for Infosys
Infosys Technologies Ltd has informed the National Stock Exchange that the board of directors has appointed Mr Parvatheesam K. as the Company Secretary with effect from May 1. Mr Parvatheesam, who will also be the compliance ... More

Sanjeev Sharma quits Nokia
After years at Nokia, Mr Sanjeev Sharma has stepped down as the Managing Director of Nokia India after he was asked to move to Singapore as regional head of marketing. Mr Sharma chose to quit the company and remain in India instead. Nokia's ... More