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Monday, Jun 28, 2004

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Info-Tech - Events


Looking back

June 26

  • TCS, IBM expand ties.

  • Patni eyes strategic buys, expansion.

  • Offshore cos are rivals, says Oracle in testimonial.

  • Tata Tele to invest Rs 445 cr more in AP.

  • Reliance Info bad debts at 16 pc of revenues.

  • 15,000 may come back for visa renewal.

  • Computer's 'escape' artist passes away.

  • Xansa to increase India staff to 4000.

  • AOL to acquire Advertising.com.

  • Hutch buys Aircel for Rs 1400 cr.

  • TRAI to deploy TRAPs; in talks with broadcasters, cable networks to weigh advantages of CAS alternative.

    June 25

  • MSN joins e-mail space war; to offer 250 MB of free storage.

  • CSC plans $ 10-m investment in Hyd.

  • Adobe looks to add 100 India jobs by December.

  • Ubinetics lines up Rs 125-cr investment for India.

  • Wyse Tech eyes 25 pc marketshare.

  • Major portals form body.

  • MPact to hire 100 more at Chennai centre.

  • LogicaCMG bags Rs 25 cr deal.

  • ITC Info plans Rs 100 cr IT, ITES centre in Kolkata.

  • Licence fee of telecom infrastructure providers cut to 6 pc of revenues.

  • Reliance Info faces billing and collection problems.

  • Lenders approve TN Tele's Rs 40 cr debt recast plan.

  • India Inc a poor Net user: a ValueNotes study.

    June 24

  • Phone tariffs may fall as TRAI moots ADC cut.

  • eBay acquires Baazee.com, to leverage latter for global trading.

  • Cybernet Soft to spin off Synaptris; infuse Rs 10 cr.

  • Magic Soft plans to set up sales office.

  • VSNL Q4 net down 57 pc; to pay Rs 4.50.

  • Quantech Global working on auto design solutions.

  • Synopsys opens third centre in Noida.

  • Rediff aims for big chunk of global email user base.

  • OfficeTiger to recruit 3500.

  • iGate buys 9 pc in SaintLife.

  • UTI Venture to raise $ 150 m fund.

  • Net subscriber base up 10 pc at 45 lakh.

    June 23

  • CDMA operators with more than 4 lakh user base to get more frequency.

  • 460 tech firms out of STPI-Hyd list.

  • SiNett raises $ 15m; to expand India operations.

  • Outsourcing backlash helped IT cos earn more, says Gartner.

  • Ericsson wins another Bharti deal.

  • OfficeTiger gets $ 40m funding from Francisco Partners.

  • Intel Corp to raise India headcount by 500.

  • Bengal eyes Rs 3600-cr software exports.

    June 22

  • Cognizant begins China ops.

  • Astron BPO to double staff strength; opens $ 6m Chennai facility.

  • Satyam names new top brass for BPO subsidiary.

  • Telecom gear makers want level field with importers.

  • e4e buys controlling stake in iSeva.

  • IBM outsourcing 60 LNC jobs to India.

  • Work-from-home trend in transcription is catching up.

  • KnowledgeWorks opens second BPO unit in Chennai.

  • Telstra halts Asia expansion.

  • BSNL-Korea Telecom marriage off.

  • Alcatel to step up India presence.

  • Bharti takes 1 pc more stake in Hexacom.

  • 74-pc FDI in Telecom will help India reach 100 m user base faster.

    June 21

  • DCA shortlists TCS, ICICI Info for Rs 400 computerisation plan on BOOT basis.

  • MAQ Software to expand India arm.

  • FICCI plea to relax ESOP norms for IT cos.

  • Siemens, Samsung to take on Nokia in its den.

  • BSNL plans Rs 14,700 cr capex in 04-05; Reliance eyes Rs 5000-cr spending spree.

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