Financial Performance
GTL Q2 net up at Rs 6.9 cr
GOLDSTONE Technologies Ltd (GTL) has registered a growth of 249 per cent in revenues and 198 per cent in net profit for the second quarter of the financial year ended December 31, 2000.
Information Technology
`Draft Convergence Bill to be put on the Net next week'
THE draft of the proposed Convergence Bill will be put up on the Internet next week for comments and suggestions, according to Mr Shyamal Ghosh, Secretary, Department of Telecom and Chairman, Telecom Commission.
TAO software on Fukuda's works
CHENNAI: The Chennai-based TAO Systems Consultants has tied up with Dr Ryuji Fukuda, winner of the prestigious Deming Literature Award.
Convergent launches modem
BANGALORE: Convergent Communications has launched Zoom/Modem V.92, which makes it possible to pick up an incoming call while holding on the Internet connection to the ISP.
DishnetDSL in pact with CDSL
CHENNAI: DishnetDSL has signed up an agreement to provide the backbone network for Central Depository Services (India) Ltd (CDSL).
iQ Infotech plans IPO for Rs 8.8 cr
THE Bangalore-based iQ Infotech Ltd, which has a presence in embedded software and IT-enabled services, is planning to come out with a public issue of Rs 8.8 crore.
Tenet Tech mulls overseas arms
TENET Technologies, the Bangalore-based company specialising in the convergence communications technology, is planning to set up wholly-owned subsidiaries in Scandinavia and Japan.
MTN Comtrust to focus on Kerala
MTN Comtrust, a new entrant to the IT sector, plans to market its products through channel partners appointed throughout Kerala.
Way2wealth gets off ground; plans 100 branches
WAY2WEALTH Securities, a retail investment advisory, was launched on Monday. A spin-off of Sivan Securities' retail investment division, in the next six months, Way2wealth plans to open 100 branches across the country -- in the north, west and in Andhra
Pradesh, apart from New Delhi and Mumbai.
NIIT shareholders approve 5% more equity for ESOS
THE shareholders of NIIT Ltd have approved the issue of an additional five per cent of its issued equity, amounting to 1.93 million shares, for the Employee Stock Option Scheme (ESOS).
Satyam Infoway launches 4th satellite gateway
Satyam Infoway on Monday announced the launch of its fourth international satellite gateway in Pune. The previous three gateways in Mumbai, Ahmedabad and Hyderabad were launched last November.
Goldstone takes derisking route for world operations
GOLDSTONE Technologies Ltd (GTL), the Hyderabad-based software solutions company, has adopted the derisking model for its global software operations aimed at significantly reducing the risk of depending on the US market, which has been witnessing a slowd
own of late.
