The Hindu Business Line : Wednesday, October 24, 2007

TELECOMMUNICATIONS
Western Union in talks for mobile money transfer
Western Union, has tied up with the GSM Association (GSMA), a global trade association representing over 700 GSM mobile operators, to facilitate cross-border mobile money transfer services, a press release issued here today said. ... More

Vodafone ties up with Kerala postal circle
Mobile phone operator Vodafone Essar Ltd has entered into a tie up with Kerala postal circle here on Tuesday to enable its customers to conveniently pay their bills at all designated post offices in the State. The MoU, in this regard, ... More

FINANCIAL PERFORMANCE
Zensar net up at Rs 14.15 cr
Pune, Oct. 23 Software and BPO services provider Zensar Technologies has reported a revenue of Rs 191.84 crore for the quarter ended September 30, 2007. The company has registered a y-o-y growth of 29 per cent (Rs 148.72 crore) and ... More

Delayed projects execution pushes Subex net down
Bangalore Oct 23 Subex Azure Ltd slipped into the red during the September quarter following poor execution of certain projects and revenue squeeze from one of its top North American clients.The company reported a net loss of Rs 34.8 ... More

MERGERS & ACQUISITIONS
Satyam acquires UK co Nitor for $5.5 m
Inks multi-year deal with Fujitsu for outsourcing services to Reuters More

Buying out investors’ stake in Nipuna Services
Plans rebranding for better alignment of resources More

REGULATORY BODIES & RULINGS
Dual tech to CDMA operators: Cellular players take DoT to court
‘The dept has acted with unseemly haste’ More

OFF-SHORE DEVELOPMENT
Sundaram Info’s Singapore office
Sundaram Infotech Solutions Ltd (SIS) has set up an office in Singapore to cater to the ERP (enterprise resource process) market in South East Asia. According to a press release, the company plans to focus on solutions for mid-sized non-banking ... More

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Address by MOS for Commerce Jairam Ramesh to NASSCOM (pdf)

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