Financial Daily from THE HINDU group of publications
Wednesday, April 05, 2006
Markets (April 4)
BSE Sensex11638.01(+73.65)
S&P CNX Nifty3483.15 (+9.85)
US Dollar (Buy/Sell)44.61


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OUTLOOK


Flextronics to invest in SemIndia project
Strategic partnership to integrate chip manufacture and hardware More

CSC plans centre in Chennai
Looks for acquisitions to grow, enter new businesses More

TELECOMMUNICATIONS


Plea against hike in VAT on cell phones
The hike in VAT on cell phones from 4 to 12.5 per cent will see widespread grey trade again in the State, the industry has warned. The Government of India had classified some electronic items as IT products, and reduced tax rates on them for ... More

TAXATION


Aztec gets Rs 4.93-cr tax notice
Aztec Software And Technology Services Ltd has received a notice from the Income Tax authorities for payment of Rs 4.93 crore as taxes, primarily due to the adjustments made to the company's transfer pricing under Section 92C of the Income Tax ... More

HARDWARE


Wipro unveils PC for rural India
Bridging the digital divide More

SOFTWARE


3i Infotech re-brands banking tool
3i Infotech has announced the re-branding of its banking solutions under the `KastleTM' brand. According to a company release, the exercise is aimed at consolidating its various erstwhile banking products, which would now onwards be known by a ... More

Meghadeep directory search tool
Meghadeep Business Solutions, a Hyderabad-based company, has come up with a solution that helps people access a smart search engine through mobile phones or landlines. To access information either about a company or a service, all that a user ... More

Infosys board meet on April 14
Infosys Technologies Ltd said on Tuesday that its board is meeting on April 14 to consider the results for the quarter, half-year and year-ended March 31, 2006. The company in a notice to the BSE said that the board would also ... More

Four Soft tool for TNT Freight
TNT Freight Management, a freight forwarding and logistics service provider, has selected Four Soft's iDRIVE business intelligence (BI) application for their global operations. iDRIVE is a Web-centric business intelligence ... More

It is Wipro's turn to expand in Hyderabad
Campus in 100-acre site planned More

Virtusa to invest $33 m here
Virtusa Corporation, an IT solutions provider, has planned an investment of about $48 million in its Asia operations based out of India and Sri Lanka during fiscal 2007. Of this, $33 million would be in India. The company employs about 2,500 ... More

Prithvi Info to hike authorised capital
Prithvi Information Solutions Ltd has informed the National Stock Exchange that the company plans to hike the authorised capital from Rs 20 crore to Rs 30 crore. Alongside this, the company plans to seek approval for borrowing powers up to Rs 400 ... More

MANPOWER


612 MTNL officers take VRS
To streamline its workforce, State-owned Mahanagar Telephone Nigam Ltd (MTNL) has said that it has given voluntary retirement to 612 Group-B officers. The VRS offered to the officers has cost the company around Rs 170 crore."All ... More

INDUSTRY ASSOCIATIONS


Nasscom panel to speed up IT growth
Focus on domestic market More

HUMAN RESOURCES


Shortage of hirers to hit industry soon
Talent hunt in the country will get tougher this year with the industry requiring about one million recruiters in 2006. According to a study by Elixir Web Solutions, a New Delhi-based recruitment process outsourcing firm, "The recruitment ... More

MERGERS & ACQUISITIONS


TV18 to pick up 50% in JobStreet
To tap growing Net opportunities More

MphasiS BFL welcomes EDS offer
Jerry Rao may continue as head More

The crucial 9 pc
Oracle experience weighs with EDS More

E-COMMERCE & E-BUSINESS


CEDIA deploys e-learning suite
The Custom Electronic Design and Installation Association (CEDIA) has deployed a SumTotal Systems enterprise learning management suite with an e-commerce application to give electronics professionals an online means to obtain ... More
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Union Budget 2006-2007

Economic Survey 2005-2006


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In Depth

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Looking back
Mar. 26-Apr. 1
Cellular operators slap notice on BCCI

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Market expectations

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Infosys joins SEC's pilot project



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