INFO-TECH
PREFERENTIAL ALLOTMENTS
Geodesic Info pref allotment
Geodesic Information Systems Ltd has informed the Bombay Stock Exchange that the company's board of directors at an extraordinary general meeting held on March 31 has decided to issue 3.14 lakh equity shares on preferential basis ...
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NEW BUSINESS
CCS Info bags Rs 1.5-cr order
CCS Infotech Ltd has bagged orders worth Rs 1.45 crore to supply and maintain software, PCs, high-end servers and laptops. This includes orders of Rs one crore from engineering colleges in the city, a Rs 38 lakh order from the ...
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OUTSOURCING
DoT may give BPOs more time to register
Rethink follows representation from industry
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TELECOMMUNICATIONS
Vodafone-Hutch deal: Decision likely at next FIPB meeting
The Department of Telecommunications on Tuesday said that a decision on Vodafone's proposal to acquire Hutchison Telecom International Ltd's stake in cellular company Hutchison Essar, was expected in the next meeting of the Foreign Investment ...
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Goldstone Tele eyes value-added products
Goldstone Teleservices Ltd, a manufacturer of composite insulators, telecom cables and accessories, is planning to manufacture value added products required in power sector for conservation of energy, even as their insulator business has grown ...
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SOFTWARE
Wipro ramps up Pune operations
Wipro Technologies, global IT services business of Wipro Ltd, today announced the inauguration of Phase II of its development centre at Hinjewadi in Pune. Mr Azim Premji, Chairman, Wipro Ltd, said the development centre is being set up at an ...
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Hexaware opens Gurgaon centre
Hexaware Technologies on Tuesday announced the opening of its development centre in Gurgaon. The centre would initially have capacity of 150 people and expects to grow to 1,000 employees in two years. Last year the company had ...
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Satyam high in investor relations
Satyam Computer Services Ltd on Tuesday announced that it has earned the top slot in two categories in the 2007 Investor relations Global Rankings by MZ Consult, according to a statement from the company. ...
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MERGERS & ACQUISITIONS
Financial Technologies sells stake in DGCX
Financial Technologies (FT) has sold about 1 per cent stake in the Dubai Gold and Commodities Exchange (DGCX) to Dubai Multi-Commodities Centre (DMCC) for $12.5 million (Rs 56.25 crore). DGCX is an electronic futures and options exchange that ...
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ALLIANCES & JOINT VENTURES
99acres, builders forum ink MoU
Real estate portal 99acres.com and the Builders Information Bureau (BIB), an industry forum for builders in India, have signed a memorandum of understanding to partner in organising exhibitions, seminars and conferences in India ...
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Moores Rowland ties up with Tango
Moores Rowland Consulting, the IT consulting arm of the Haribhakti Group, has entered into an association with the Europe-based Tango/04 Computing Group to offer Tango/04 products in the Asia-Pacific region and India. The ...
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INTERVIEW
The `option' issue unlikely to trip the Hutch deal
It is a labyrinthine structure that characterises the Hutch deal, now hanging fire at the FIPB (Foreign Investment Promotion Board). To decode the deal, Business Line interacts with Mr George Vivek Durai of IndoJuris Law Offices, Bangalore ...
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BROADBAND
MTNL floats Rs 210-cr broadband tender
State-owned Mahanagar Telephone Nigam Ltd has floated a Rs 210-crore tender for buying equipment for offering broadband services in Delhi and Mumbai. The bids for the project will be opened on April 27. Equipment manufacturing companies including ...
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Pune's wireless project targets municipal schools
Total investment for the project will be to the tune of Rs 100 cr
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OUTLOOK
Accenture expands in Hyderabad
Accenture has announced its move to expand its Hyderabad delivery centre in Mindspace IT Park and plans to grow its headcount to 35,000 by the end of this year. With this expansion, Accenture's Hyderabad delivery centre will be able to ...
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PEOPLE
Aircel Group loses top executives
The Aircel Group has lost two of its top management executives who have put in their papers recently. When contacted by Business Line, company officials confirmed that the Group Chairman and Chief Executive Officer, Mr Jagdish Kini; and ...
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NEW PRODUCTS & SERVICES
New inkjets challenge lasers in corporate printing arena
New HP Officejets are `sharper, faster, cost-effective'
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