INFO-TECH
ESOPS
Patni ESOP plan gets nod
MUMBAI: At the annual general meeting held on Tuesday, members of Patni Computer Systems Ltd ratified and approved the employee stock option plan (Patni ESOP 2003) and declared a final dividend of Re 1 per share 50 per cent on equity share ...
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TELECOMMUNICATIONS
IndusInd Telecom to get 5.11 pc stake in Hutch-Essar entity
INDUSIND Telecom Network (ITNL), a subsidiary of Hinduja TMT Ltd, will be allotted 5.11 per cent stake in the consolidated Hutchison Essar entity, said a notice to the stock exchanges sent by HTMT on Tuesday. The Hinduja group is a joint ...
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DoT favours licence fee reduction
THE Department of Telecom is in favour of reducing the licence fee for telecom services providers from an average of 10 per cent to a level that would cover only the administrative and regulatory costs. The proposal, made to the Finance ...
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Euro 2004 contest on Tata Indicom
MUMBAI: Tata Indicom has introduced an SMS contest on the ongoing Euro 2004 football championship for its mobile customers. Customers in the telecom circles of Maharashtra, Delhi, Gujarat, Andhra Pradesh, Karnataka and Tamil Nadu can ...
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INSIGHT
For a new telecom mantra
The challenge before the new Government will be to sustain and build on the tremendous growth in all areas of the telecom sector since 1999. Special attention must be focussed on the convergence legislation, setting up a super-regulator, improving te ledensity as well as broadband connectivity and providing telcos the right incentives for infrastructure development.
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HARDWARE
Hyderabad varsity to build supercomputer
The project will be useful to the students and faculty of several disciplines such as plant sciences, mathematics, economics, sociology and artificial intelligence.
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SOFTWARE
Strong euro impacts cost competitiveness — Cognizant to close Ireland facility
All work efforts will be transferred from the Ireland facility to North America and India.
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Software on Cos Act
CHENNAI: Archimedes Tech Law Private Ltd, a Chennai-based company, has released software for use by companies, chartered accountants, company secretaries and lawyers. Called Archimedes, the software will be of help to all those who had to ...
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New tool for BPO units
BANGALORE: Automated Workflow Pvt Ltd, a provider of industry-specific Business Process Management (BPM) solutions, has announced the launch of BPO.Sphere, a solution designed to meet the process automation requirements of BPO ...
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Peopleone centre in Vizag
IT TRAINING
Nova Multimedia offers new courses
KOCHI: THE Kochi-based Nova Multimedia Education is offering four different types of courses keeping the diverse needs of students mind. This includes graphic designer with a duration of three months, 3D animator and graphic designer with ...
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INDUSTRY ASSOCIATIONS
Fiscal sops must continue: ESC
THE Electronics and Computer Software Export Promotion Council (ESC) on Wednesday sought continuation of the DEPB licence and fiscal incentives as they existed in 2000, saying it was key to sustain the growing exports. "Fiscal incentives are ...
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IPOS
TCS public issue: Pricing key factor for hedge funds
FOREIGN institutional investors (FIIS), especially hedge funds, are of the opinion that their exposure to the forthcoming TCS initial share sales will hinge on pricing, as they are averse to paying a premium to TCS over its peers. "Exposure to ...
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RIGHTS ISSUE
Mascon Global board okays rights issue
MASCON Global said that the board has approved the issue of 2.48 crore shares on rights basis at a price band of Rs 11 and Rs 14 per share. It has also approved the issue of the same number of detachable warrants to be converted within 15 ...
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STANDARDS & BENCHMARKS
softProjex assessed to CMM 5
HYDERABAD: softProjex (India), a Hyderabad-based software provider, has been assessed to Software Engineering Institute (SEI) Capability Maturity Model (CMM) Level 5 by SQC Global., the Executive Director, Ms. Ritu Lal Kumar, has said. ...
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PEOPLE
New Country Manager for BEA
BANGALORE: BEA Systems, the application infrastructure software provider, on Wednesday announced the appointment of Mr Shailender `Shaily' Kumar as the new Country Manager for India. ...
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