The Hindu Business Line : Tuesday, July 04, 2006

Kokilaben and others pick up stake in Reliance Comm
Ms Kokilaben D. Ambani along with others (acting in concert) have acquired 2.11 per cent stake in Reliance Communications Ltd through open market purchases, the company has informed the National Stock Exchange on Monday. Ms Ambani, AAA ... More

Net telephony usage outpaces the long distance market
More

Reliance lowers select STD call rates to 40 p/minute
Hello Capital plan links State capitals, only on land lines More

Hutch opens shop in Manipal
Hutch has opened its first `Hutch Shop' in Manipal. A company release said Mr Gautham Pai, Executive Director of Manipal Media Networks Ltd, inaugurated the shop. ... More

INSIGHT
The obsession with attrition
The entry-level attrition rate across the BPO (business process outsourcing) industry stands at 45-50 per cent for voice-based processes and 15-20 per cent for non-voice based processes, according to Nasscom ... More

FINANCIAL PERFORMANCE
Crest Q4 loss down to Rs 9 lakh
Crest Animation Studios has reported net loss of Rs 0.09 crore for the fourth quarter ended March 2006, compared to loss of Rs 1.04 crore during the previous corresponding quarter. Total income stood at Rs 8.3 crore, up 10 per cent from Rs 7.5 ... More

SOFTWARE
TCS chief meets Karunanidhi
The Tata Consultancy Services CEO and Managing Director, Mr S. Ramadorai, on Monday met the Tamil Nadu Chief Minister, Mr M. Karunanidhi, at the Secretariat. Mr Dayanidhi Maran, Union IT and Communications Minister, and Dr C. Chandramouli, ... More

SMBs are goldmine, says Oracle
Oracle India considers the mid-market segment a goldmine for its applications. The company has, through its road shows, reached 1,500 customers and tied up with 70 new partners between March and April 2006. An IDC report reveals that there are ... More

ThoughtWorks mulls another India centre
ThoughtWorks, an IT consulting and technology solutions provider, is evaluating the possibility of setting up another centre in India. The India centre has become a base for its range of transformational services that help enterprises enhance ... More

INTERNET
`SMBs may spend $1.2 b on Net infrastructure'
Govt initiatives supportive; retail sector biggest spender: Study More

MERGERS & ACQUISITIONS
iGate ups stake in Loan Pro to 60 pc
As expected, iGate Global Solutions Ltd has enhanced its stake in Loan Pro LLC (LP), a US-based mortgage origination services firm, to 60 per cent. The company had acquired a 5 per cent stake in LP in April this year. iGate said the consideration ... More

STANDARDS & BENCHMARKS
Zen Tech gets ISMS certificate
Zen Technologies Ltd, the Hyderabad-based company has obtained the Information Security Management System (ISMS) certificate as per ISO/IEC 27001:2005 standard, by STQC, Union Ministry of Communication and IT. Zen Technologies is ... More

TRENDS
Public sector driving IT spend in APAC: IDC
China, India to expand e-governance, lead push for ICT adoption More

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