Financial Daily from THE HINDU group of publications
Saturday, May 13, 2006
Markets (May 12)
BSE Sensex12285.11(-150.30)
S&P CNX Nifty3650.05 (-51.00)
US Dollar (Buy/Sell)45.03 (+0.07)


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INFO-TECH

OUTSOURCING


Tricom closes $5 m GDR issue
Business process outsourcing company Tricom India Ltd said it has closed its GDR issue amounting to $5.026 million (around Rs 22.6 crore). The GDRs were listed on the Luxembourg Stock Exchange on May 5, said a statement from the ... More

TELECOMMUNICATIONS


April phone subscriber growth
The subscriber base for telephony services in India continued to maintain its growth trend during April 2006, adding 4.61 million subscribers overall, including 3.88 million mobile subscribers."With the addition of 3.88 million ... More

INFRASTRUCTURE


IT cos assured of good facilities at Vizag
CM lays foundation stone for Wipro centre More

Nasscom welcomes move to amend SEZ scheme
Software association Nasscom said on Thursday that any move to remove the minimum land area requirement of 10 hectares for IT SEZs would benefit SMEs in the sector, which would no longer be at the mercy of builders and developers. "This will be ... More

SOFTWARE


MS, B2B unveil pharma solution
Microsoft Corporation India Pvt Ltd along with B2B Software, a Hyderabad-based enterprise solution company, has rolled out B2B Pharma, a solution for the pharmaceutical industry. The launch was held at a forum organised by the Bulk Drugs ... More

Afila to expand operations
Afila Inc, a communications testing firm, plans to invest $3-4 million in expanding its Indian operations over the next 18 months, according to the CEO and founder, Mr Amar Mutt. Afila, which clocked revenue of $1.2 million for ... More

HUMAN RESOURCES


Knowledge panel for holistic study of reservation issue
Pitroda for more IITs More

Infosys to hire from Europe schools
Talent hunt also goes global More

REGULATORY BODIES & RULINGS


CAG raps BSNL for WLL capacity under-utilisation
`Obsolete technology, idle manpower led to high costs' More

TRADE & LABOUR UNIONS


UK trade unions to forge links with Indian counterparts
Targets British cos' BPO operations here More

EVENTS


Seminar series on embedded systems
Embedded solutions providers Freescale Semiconductor and Ammos Software Technologies will conduct a series of seminars on integrated solutions for PowerPC embedded systems. The first of the series is a day-seminar, scheduled on Wednesday, May ... More

SOCIETY & DEVELOPMENT


HIV & AIDS cartoons
Satyam Foundation, the corporate social responsibility arm of Satyam Computer, is hosting a three-day exhibition on cartoons on HIV & AIDS in the ICCR Art Gallery here. In the event inaugurated by the State Finance Minister, Mr. More

PEOPLE


Xius CSO
Mr Michael Powell has been appointed as Chief Services Officer of Xius, the telecom division of Megasoft. He will lead the US services offering telecom convergence solutions. Prior to this engagement, he served as Vice-President ... More
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In Depth

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Looking back
Apr. 30-May. 6
Demand for software architects seen rising

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