INFO-TECH
PREFERENTIAL ALLOTMENTS
Fortune Info to issue equity
Fortune Informatics Ltd has informed BSE that the board of directors of the company have approved issue of up to 2,50,000 equity shares of Rs 10 each and 500,000 equity share warrants carrying an option to subscribe to an ...
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OVERSEAS BORROWINGS
3i Infotech raises € 15 m thru FCCB
3i Infotech has raised € 15 million by way of an FCCB offering, convertible over a four-and-a-half-year period for its expansion plans. The company's CFO, Mr Amar Chintopanth, says that this could lead to a dilution of about 6-7% to the ...
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TELECOMMUNICATIONS
Ericsson emerges lowest bidder for BSNL cellular tender
Nokia is second; Motorola cries foul over disqualification
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Record GSM subscribers in September
The GSM-based cellular operators have witnessed the highest ever subscriber additions in September. The GSM industry set a new record by adding 4.4 million subscribers in September, which is even higher than the 4.2 million subscribers added in ...
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BSNL launches prepaid service
BSNL has launched fixed line prepaid service (FLPP) at Kottayam. The service is provided to PCOs only in the first phase, said Mr N.C.V.L. Narasimham, General Manager, BSNL, Kottayam. The facility will be extended to other ...
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Voice quality has improved: TRAI
Cellular quality of service improving, says TRAI
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SOFTWARE
No more looking under the hood
New avatar
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TCS to aid IAF in material mgmt
Tata Consultancy Services on Monday announced the commencement of its Integrated Materials Management Online Services (IMMOLS) for the Indian Air Force (IAF). At an investment outlay of Rs 55 crore, the project has been implemented to address ...
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Satyam revamps operations in Chennai for Nissan, GM
Has around 400 people for each client now; plans to consolidate both units
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Ramco tool for FieldFresh
Ramco Systems will implement its software application at FieldFresh Foods Pvt Ltd, a joint venture between Bharti Enterprises and Rothschild. The application will address FieldFresh's supply chain management requirements and ...
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Satyam Q2 results on Oct 20
Satyam Computer Services Ltd will announce both Indian GAAP and US GAAP results for its second quarter ended September 30, 2006, on October 20. The release will be followed by a conference call where the Chairman, Mr B. Ramalinga ...
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MERGERS & ACQUISITIONS
Zavata merges with Accordis
Zavata Inc, previously known as Integreo, on Monday announced the merger of Accordis Inc, a business office services provider for hospitals and emergency transport agencies, with the former. This is the fourth such transaction in ...
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REGULATORY BODIES & RULINGS
Allegations on tendering: PMO seeks DoT response
Yet another BSNL tender has run into controversy with the Prime Minister's Office seeking comments from DoT on certain issues brought to its notice pertaining to the grant of 18-million line contract to ITI-Alcatel joint venture under the public ...
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ALLIANCES & JOINT VENTURES
Naukri, Careerbuilders team up
Indian job site Naukri.com has partnered with the US-based Careerbuilder.com to provide job seekers in both the countries access to job opportunities in every industry. Naukri.com claims to have a database of more than 6.5 ...
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STANDARDS & BENCHMARKS
QAI launches centre of excellence
Consulting firm QAI has announced the launch of its Global Centre of Excellence for Workforce Strategy and Development in Bangalore. The centre is being set up in partnership with Mr Bill Curtis, the co-author of People Capability Model (P-CMM), ...
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OUTLOOK
IT cos may report strong numbers in Q2
Pricing environment seen stable; weak rupee to help
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