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Friday, January 12, 2007
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INFO-TECH

RESEARCH & DEVELOPMENT
Minecode to set up R&D facility in Orissa
US-based IT and GIS service and solutions provider Minecode has said it would invest around Rs 20 crore in infrastructure and manpower in the domestic market. This includes setting up an R&D centre in Bhubaneswar and expanding its facility in ... More

TELECOMMUNICATIONS
Due diligence comes calling
Hutch in India has been busy opening its books for teams of due diligence from different prospective buyers. The stake of contention is the 67 per cent that Hutchison Telecommunications International Ltd and its associates hold in Hutchison Essar ... More

Good response to BSNL schemes
BSNL has added 85,000 cell connections in Visakhapatnam in the last three months and tele-density in the district has risen to 6.28, with a customer base of 2.40 lakh, said Mr P. Nagaraju, General Manager. At a press meet here on ... More

INFRASTRUCTURE
TN processing Rs 4,000-cr investments in IT sector
The Tamil Nadu Government is processing investments worth Rs 4,000 crore in IT and related sectors, according to Mr C. Umashankar, Managing Director, Electronics Corporation of Tamil Nadu Ltd (ELCOT). Addressing a press conference here on ... More

Tech park goes green with Trane
Olympia Technology Park, promoted by the Khivraj Group in Chennai, has selected Trane for providing the heating, ventilation and air conditioning (HVAC) system. According to Khivraj sources, energy efficiency, environmental responsibility and ... More

FINANCIAL PERFORMANCE
Infosys net up 52 pc in Q3
Strong rupee impacts revenues, operating margins More

IT budgets seen rising 2-6%: Infosys
Company sees stable margins for Q4 More

Mastek Q2 net rises 31%
Q2 shows higher revenues as well as better operating margins More

HARDWARE
Malaysian investors interested in TN
Malaysian investors in construction and IT have evinced interest in investing in Tamil Nadu, according to Dato Seri Samy Vellu, Malaysia's Minister for Works. A CII release, which quoted him addressing a luncheon meeting organised by it, said ... More

Fab policy to hasten cos' India investment plans
The semiconductor policy is expected to give a boost to the investment plans of a number of companies for setting up a base in India. Among the main projects waiting in the wings include the $3-billion SemIndia project in Hyderabad that ... More

SOFTWARE
Infosys ends up marginally
Infosys shares gained about Rs 14 to close at Rs 2,183 on Thursday. The rise on the day of the results announcement is in keeping with the trend shown every quarter since April 2006. Interestingly, the company's stand on guidance for the year ... More

INTERNET
New marketing head for MSN India
MSN India on Thursday announced the appointment of Mr Satya Raghavan as Head- Consumer Marketing. Mr Raghavan will be responsible for the marketing and PR of the brand portfolio of products like MSN India and Windows Live. He ... More

IT TRAINING
TCS teams up with IIT Kanpur for tech course
Tata Consultancy Services Ltd has signed a memorandum of understanding with the Indian Institute of Technology, Kanpur, for a postgraduate course in `Storage Computing Architecture'. The agreement, which is for a period of five years, will also ... More

HUMAN RESOURCES
`New breed employees are restless'
The new generation information technology professionals are restless, get easily bored and want to go up the ladder quickly without becoming experts, said the Infosys' Director for Human Resources, Mr T.V. Mohandas Pai. "I think the people, ... More

E-COMMERCE & E-BUSINESS
Buy platform tickets thru mobile
Now, Bangaloreans can buy a platform ticket using their cell phones . Airtel, in association with RailTel, introduced this new customer service in Bangalore on Thursday. To avail this service, an Airtel customer has to just type ... More

BROADBAND
Idea Cellular bets big on 3G, WiMAX
Plans to enter rural, neglected circles to gain subscribers More

OUTLOOK
Tech Mahindra to set up 3,000-seater in Hyderabad
Software services provider for the telecom sector, Tech Mahindra Ltd today announced the setting up of a software development centre in Hyderabad at Kokapet near Golkonda within the special economic zone (SEZ) area. The new campus when ... More






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