INFRASTRUCTURE
AP moves to attract more IT companies
To create 24 million sq ft space in Hyderabad More

FINANCIAL PERFORMANCE
Big ticket client of NIIT is Philips
NIIT Ltd has said it received a multi-million dollar from electronics major Philips in the last one quarter. "We have been looking after the training administration of Philips worldwide since the last one quarter, and are under a multi-year ... More

SOFTWARE
Infotech Enterprises to hike authorised capital
Infotech Enterprises Ltd is set to increase its authorised share capital from Rs 18 crore to Rs 30 crore by the creation of 1.2 crore equity shares of Rs 10 each.The company has informed the BSE that its 15th annual general meeting (AGM) will ... More

Continuous Computing shifts base to China, Taiwan
To invest $10 m in India over 3 years More

Infosys Q1 results on July 12
Software major Infosys Technologies Ltd has informed the Bombay Stock Exchange that its board of directors would meet on July 12 to consider the audited financial results of the company for the first quarter ended June 30. ... More

Amadeus inks pact with Paramount
Amadeus, a provider of technology and distribution solutions to the travel and tourism industry, has signed a new content agreement with Paramount Airways. The agreement will make available the airlines' complete inventory now ... More

HUMAN RESOURCES
`Flexi staffing merits better recognition'
Chennai to host Executive Recruiters Association conference in July More

MERGERS & ACQUISITIONS
Hinduja group sells Hutch stake for Rs 2,000 cr
Hutchison Telecom stake in Hutch-Essar will be 67 pc after this deal More

E-COMMERCE & E-BUSINESS
Anil Ambani Group online trading kiosks at South Indian Bank branches
The Reliance-Anil Dhirubhai Ambani Group (R-ADAG) company, R Trade will be setting up stock trading kiosks at the branches of South Indian Bank (SIB) spread across the country, to facilitate on-line equity trading for customers of both the ... More

SBI e-ticketing facility
State Bank of India has tied up with Kingfisher Airlines to offer e-ticketing facility through the group's 5,579 ATMs, covering 1907 centres. SBI cardholders can book tickets of Kingfisher Airlines in Bangalore, Delhi and Mumbai. ... More

BUSINESS MODELS
Spurt in broadband subscribers
Migration from dial-up affects ISPs More

VENTURE CAPITAL
Bharatmatrimony sees fund infusion
The Bharatmatrimony.com group is expecting an investment from a venture capital firm within the next two months, according to Mr Murugavel Janakiraman, Founder and Chief Executive Officer, BharatMatrimony.com. He told the ... More

OUTLOOK
Hinduja TMT may re-enter telecom biz
Hinduja TMT will invest the proceeds of $450 million from its divestment in Hutch-Essar to aggressively pursue its growth path in its businesses and also explore opportunities in new lines of businesses, said Mr Ashok P. Hinduja, Executive ... More

PEOPLE
Aalok Wadhwa, MD of LexisNexis
LexisNexis, an information and services solutions company has appointed Mr Aalok Wadhwa as the Managing Director for the Indian Sub-continent region. Mr Wadhwa's responsibilities include identifying customer needs for legal, ... More