INFO-TECH
TELECOMMUNICATIONS
TCS proceeds to fund mainly telecom: Irani
TATA Sons will plough back a majority of the proceeds from initial shares sale of Tata Consultancy Services to its telecom company Tata Telecom, the Tata Sons Director, Mr J.J. Irani, has said. Telecom, along with software, steel and ...
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Reliance cuts tariff for pre-paid subscribers in TN
RELIANCE Infocomm Ltd has cut call charges for its pre-paid subscribers in Tamil Nadu by 17-60 per cent, depending on whether the call is within the Reliance network or to other networks. The new tariffs are effective today and will be ...
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TRAI asks mobile cos to inform users about roaming charges
TELECOM Regulatory Authority of India (TRAI) on Wednesday asked all cellular operators to inform pre-paid subscribers the charges applicable while roaming. The regulator asked the operators to inform users about the tariffs for SMS each time ...
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FINANCIAL PERFORMANCE
Ramco Systems Q4 net up at Rs 4.2 crore
RAMCO Systems Ltd, the Chennai-based software company, has posted a net profit of Rs 4.20 crore for the quarter ended March 31, 2004, as compared to a net loss of Rs 3.34 crore for the corresponding quarter of last year. Total income increased ...
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SOFTWARE
SAS India sees good market for BI tools
BUSINESS Intelligence (BI) solutions provider SAS India expects a 40 per cent growth in new sales in the Indian market during the current fiscal. The company, which grew at about 30 per cent last year, is targeting newer verticals such as the ...
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Autodesk develops interoperable tool
AUTODESK, a software solutions provider for designers, has achieved interoperability between CAD (computer-aided design) and GIS (geographical information systems) application software. This helps the company expand into the infrastructure ...
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HUMAN RESOURCES
NetScaler to double headcount
NETSCALER India, part of the Santa Clara-based application networking systems and solutions company, is set to expand India operations by building upon networking products that it has developed locally and by doubling its headcount at the R&D
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MERGERS & ACQUISITIONS
Keane to up stake in BPO subsidiary
KEANE Inc is likely to increase its stake in the BPO arm, Keane World Zen, from the current 62 per cent over a period of time. "Keane Inc's stake in Keane World Zen is going to increase from the current 62 per cent over a period of time," said ...
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E-COMMERCE & E-BUSINESS
e-cinema arrives to fight film piracy — Adlabs' digital tech fine-tunes distribution
EVER wondered why 42 per cent of Bollywood's revenues get leaked due to piracy? One of the main reasons for film piracy in India is the time that it takes for Bollywood films to reach smaller towns. Adlabs Films Ltd, the country's largest film ...
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BROADBAND
Tax sops for broadband cos sought
TELECOM industry has demanded that companies offering broadband services should be exempt from income tax for a period of 10 years in line with the policy being followed for other infrastructure facilities. The Associated Chambers of Commerce ...
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