The Hindu Business Line : Wednesday, October 18, 2006

STORAGE
HP storage products
Hewlett-Packard India has introduced two new storage products from its StorageWorks range — the All-in-One 400 and 600 — for small and medium businesses (SMBs) here. The AiO 400 would cost less than Rs 3 lakh, while ... More

FINANCIAL PERFORMANCE
Sify posts Rs 6.8 cr net
Sify Ltd has reported a net profit of Rs 6.8 crore ($1.49 million) on sales revenue of Rs 138.30 crore ($30.10 million) for the quarter ended September 30. During the corresponding period in the previous year, the company reported a net loss ... More

Polaris net up at Rs 27 cr
Polaris Software Lab Ltd has reported a net profit of Rs 27.10 crore on revenue of Rs 255.56 crore for the quarter ended September 2006, compared to a net profit of Rs 13.25 crore on revenue of Rs 213.55 crore for the same period last year. A ... More

SOFTWARE
CommGate launches operations
CommGate Inc has announced the launch of its Indian operations, to be headquartered in Bangalore. It also launched products CommGate Professional 3.2, and CommGate Shield 3.2 — computing infrastructure for growing ... More

Attrition rate at TCS at 10.6 pc
Employee attrition rate at Tata Consultancy Services for the quarter ended September 30, was maintained at 10.6 per cent, Mr S. Padmanabhan, Global Head of Human Resources, TCS, said. This is inclusive of the attrition rate at its BPO ... More

MERGERS & ACQUISITIONS
GTL acquires UK-based Genesis Consultancy
Revenue growth remains flat for the quarter More

ClientLogic to acquire Sitel
ClientLogic Corp, a subsidiary of the $15-billion Canadian Onex Corp, is set to acquire Sitel Corp, a US-based business process outsourcing services provider with significant presence in India. The deal is valued at about $450 ... More

PEOPLE
Google Bangalore new R & D chief
Google announced that Dr Prasad Bhaarat Ram, previously Chief Technology Office at Yahoo! India Research and Development, has been appointed to head the engineering and site operations at the R&D centre in Bangalore. Dr Ram, ... More

NEW PRODUCTS & SERVICES
MTNL launches Net TV in Capital
MTNL on Tuesday announced the launch of IPTV (Internet Protocol Television) in the Capital, which is a convergence of cable TV, Internet and telephone services. "Initially MTNL would offer 30 free-to-air channels at a charge of Rs 125 and will ... More

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