Financial Performance
MRO-Tek income up at Rs 124.86 crore
MRO-TEK, the Bangalore-based networking and access solution provider, has recommended a dividend of 15 per cent (75 paise) on each share with a face value of Rs 5 for the year 2000-01. This dividend is in addition to the interim dividend of 5 per cent (2
5 paise). The company has recorded an increase of 18 per cent in its total income at Rs 124.86 crore.
Soffia Software Q3 net triples
THE Chennai-based Soffia Software Ltd has recorded a net profit of Rs 3.78 crore for the quarter ended March 31, 2001 as compared to a net profit of Rs 1.14 crore for the same quarter the previous year. Net sales stood Rs 12.02 crore (Rs 4.02 crore).
SSI Q3 net up 68 pc
THE Chennai-based SSI Ltd has recorded a 67.7 per cent jump in net profit to Rs 17.61 crore for the third-quarter ended March 31, 2001, as compared to a net profit of Rs 10.5 crore for the same period in the last year. Net sales were Rs 103.72 crore (Rs
53.45 crore).
Nucleus Software net up to Rs 9.55 cr
NEW DELHI: Nucleus Software Exports Ltd, a global player in banking automation and software solutions, on Monday reported a 619-per cent increase in its net profit to Rs 9.55 crore for 2000-2001.
Information Technology
Aptech, Pasona form alliance
THE software and consulting arm of Aptech Ltd has entered into an alliance with Pasona Tech, Japan, to address the IT consulting market in Japan, according to a statement released by Aptech.
SSI focus on `slump' plan -- Software division grows 200 per cent
THE Chairman and Chief Executive Officer of SSI Ltd, Mr Kalpathi S Suresh, said that the company's focus would be on pulling through the economic slowdown in the next two or three years, ``assuming that the slump will last for two or three years''.
Telemedicine project for Pune PHCs
A TELEMEDICINE pilot project of Doctoranywhere.com has been launched at the Primary Health Care Centre, Wagholi near Pune on Monday. The project is a joint initiative of the Tata Council for Community Initiatives (TCCI) and Ruksun Doctoranywhere.com.
StepStone offices at Bangalore, Delhi
BANGALORE: StepStone, Europe's leading career portal based in Norway, has opened offices in Bangalore and Delhi recently. With the opening of the two new offices, StepStone now has a network in five cities which include Chennai, Mumbai and Hyderabad, sai
d a company press release.
Zensar bags Honeywell order
PUNE: Pune-based Zensar Technologies, a software solution provider, has been chosen by Honeywell Europe to upgrade its Oracle applications. The order is worth about Rs 2.4 crore, according to a company release.
Sobha ties up with Norwegian co
BANGALORE: Bangalore-based Sobha Renaissance Information Technology Pvt Ltd has tied up with IT-IQ/Consensus ASA of Norway, an IT infrastructure and solutions company to explore the IT opportunities in reengineering and wireless domains. ``Through this a
lliance, we intend to be a prominent player in the European market place,'' said Mr Madhu Nambiar, Chief Executive Officer and Managing Director of Sobha Renaissance.