Business Daily from THE HINDU group of publications
Saturday, June 17, 2006
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INFO-TECH

OUTSOURCING
Regus to expand presence in India
The company aims at leveraging the growth of players in IT and IT-enabled services, business services, banking and finance More

TELECOMMUNICATIONS
PowerGrid looks at IPO to fund expansion
Plans to borrow Rs 2,500 cr for capex More

Motorola working on GenY devices
SMS in Hindi likely soon More

Royalty charged is very low: Qualcomm
`Spectrum policy tough on CDMA players' More

FINANCIAL PERFORMANCE
Cranes Soft reports 36% increase in net profit
Cranes Software has reported a 36 per cent increase in net profit to Rs 62.49 crore for fiscal year ending March 2006. The company saw a 31 per cent increase in operating revenues to Rs 213.82 crore from Rs 163.26 crore. The company also ... More

Northgate Tech Q4 net up
Northgate Technologies Ltd has recorded sales of Rs 26.14 crore and a net profit of Rs 8.61 crore for the fourth quarter ended March 31, 2006, as against sales of Rs 20.32 crore and a net profit of Rs 3.67 crore for the corresponding quarter ... More

HARDWARE
Low-cost PC with Win XP Tamil edition
Priced at Rs 13,999, targets first-time users More

SOFTWARE
Wipro Tech partners Autosar
Wipro Technologies said it has become an associate member of Autosar, the automotive open system architecture partnership. The Autosar was formed in the year 2003 by the OEM and tier1 automotive companies- BMW Group, Bosch, ... More

TCS setting up assurance centre in Pune
Hi-tech vertical, manufacturing, banking and financial services and focus on services areas is what Tata Consultancy Services has planned for itself from the new facility that would be coming up at the Hinjewadi Infotech Park in Pune. Talking ... More

INTERNET
Now, carpooling via the Web
Log on to Indimoto.com to save on fuel bill More

REGULATORY BODIES & RULINGS
TRAI move may make mobile roaming dearer
Three-way sharing of revenue between operators under consideration More

IT-ENABLED SERVICES
Hero ITES in talks with US investors for 30-40 pc stake
Hero Group to retain majority ownership More

OUTLOOK
Infinite Computer to raise $50 m
To ramp up software services headcount by 1,400 More

NEW PRODUCTS & SERVICES
Mundu Messenger beta version
Geodesic Information Systems announced on Friday the availability of the beta version of Mundu Messenger for download from the Web site. Mundu is an instant messaging tool that offers interoperability with various instant ... More






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Top Stories
Samsung in revamp mode, plans new models


IOC offers Kuwait stake in two projects

Andhra Bank to get tough on recoveries

Forex reserves fall by over $1.6 b

Refining constraints may continue for 3-4 years

VAT panel concerned over Govt action on declared goods

No change in ONGC's approach to become integrated energy co

SCI to adopt new vessel acquisition policy

Looking back
Jun. 4-Jun. 10
Tech tussle brewing over road toll collection system

Globally integrated network is IBM plank

EGoM tightens norms for gem & jewellery, biotech SEZs


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