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Friday, June 30, 2006
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OUTSOURCING
Baring to stay invested in MphasiS
To hold on to remaining 11.31% stake in the IT services and BPO firm for a few more years. More

AWARDS & HONOURS
Aptech in Top 20 list
Aptech has been featured in TrainingOutsourcing.com's third annual `Top 20 Companies in the Training Outsourcing Industry', a list based on evaluations of factors such as scope and depth of services provided, geographic reach, ... More

TELECOMMUNICATIONS
Qualcomm, Reliance meet ends in stalemate
Another meet likely on Tuesday More

Discount coupons go the electronic way
Hutch launches m-coupons in its Mumbai circle More

COAI seeks level playing field on spectrum; dismisses CDMA claims
The Cellular Operators Association of India (COAI) today opened up a new front in the ongoing battle for spectrum by shooting off a letter to Communication and IT Minister, Mr Dayanidhi Maran, seeking level playing field with CDMA operators. ... More

VSNL plans Rs 1,000-cr capex for current year
More infusion if retail broadband biz grows fast More

Deadline for telecom FDI norms extended
In a breather to telecom companies, the Union Cabinet today gave its approval to extend the deadline by three months for implementing the revised guidelines for foreign direct investment in telecom sector. Telecom operators were supposed to ... More

FINANCIAL PERFORMANCE
TVS-E net jumps to Rs 3 cr
TVS Electronics has reported a net profit of Rs 3.04 crore for the quarter ended March 31, 2006 compared to a net profit of Rs 72 lakh for the corresponding quarter last year. Revenue for the quarter was Rs 64.96 crore (Rs 60.67 ... More

SOFTWARE
Technology to the rescue of AP job scheme
Tata Consultancy Services Ltd has helped the Andhra Pradesh Government bring in transparency in the implementation of the ambitious AP Employment Guarantee Scheme. Through technology, it is now possible to better monitor the progress of ... More

INTERNET
Cleartrip Travel to launch portal
With an aim to ease out travel hassles More

HUMAN RESOURCES
TCS to spend Rs 1,300 cr on capex
To hire over 30,000 More

MERGERS & ACQUISITIONS
AppLabs to raise $25 m for acquisition
$10-m funding from Sequoia Capital likely More

VENTURE CAPITAL
Sequoia Capital to raise $400-m India fund
Sequoia Capital is poised to raise a specialised India-focussed equity fund of $400 million within the next two months. The Managing Director of Sequoia Capital India, Mr Sandeep Singhal, said this would be in addition to the two funds of $350 ... More

STANDARDS & BENCHMARKS
`Blackbelt' in business process mgmt
Software Quality Centre, a wholly owned subsidiary of US-based SQC LLC, has expanded its portfolio of services to include business process management (BPM) Blackbelt certification in India. SQC has developed the programme to ... More

PEOPLE
Satyam Americas' Senior V-P
Satyam Computer Services has appointed Mr Gary Teelucksingh as the Senior Vice-President of Satyam Americas, constituting Canada, the Caribbean Islands and Latin America. ... More

TRENDS
PC sales cross 5 m units
Desktop sales top 4.6 m, growth at 27 pc More






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