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Wednesday, September 15, 2004

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INFO-TECH

STORAGE
`Cost-effective storage system, key to e-governance'
BE it the census process or storage of electoral rolls by the Election Commission of India or the Department of Company Affairs, their large operations and administrative processes have been streamlined through e-governance. You could call it ... More

OUTSOURCING
Epicenter scouting for US buy
BUSINESS Process Outsourcing company Epicenter Technologies Pvt Ltd plans to set up its third centre in Mumbai soon. It is also scouting for an acquisition in North America in the range of $5 million - $10 million. "We are looking at acquiring ... More

Cygnus to offer knowledge-based services to UK company
CYGNUS Business Consulting and Research, the Hyderabad-based knowledge services organisation, has finalised a long-term business partnership with the UK-based SURE group to service their knowledge process outsourcing needs. SURE group is into ... More

TELECOMMUNICATIONS
PM's intervention sought on BSNL licence fee issue
THE Ministry of Communication has sought the intervention of the Prime Minister in getting full re-imbursement of licence fee and the Universal Service Obligation fund for Bharat Sanchar Nigam Ltd for undertaking rural telephony. The Finance ... More

Nokia mobile gaming contest
TO capitalise on the growing popularity of mobile gaming, Nokia on Tuesday flagged off the first ever-mobile gaming championship titled `N-Gage QD Challenge Mobile Gaming Championship' "Our strategic intent is to become the world leader in ... More

AirTel launches virtual STD/ISD calling cards
The prepaid calling card offers savings of up to 55 per cent on the usual ISD calling bills. More

Truly mobile
Mr Samuel Selvakumar, Chief Executive Officer, Hutchison Essar South, during the launch of Mobile Hutch shops in Bangalore on Tuesday.

More

FINANCIAL PERFORMANCE

  • iGate to pay 15 pc dividend

    HARDWARE
    HP expands product range
    RIDING on a strong performance in imaging and printing categories in April-June quarter 2004 as per research firm IDC, Hewlett Packard today announced the expansion of its consumer product portfolio with the launch of three new digital cameras ... More

    SOFTWARE
    Wipro signs up new client
    WIPRO Technologies announced on Tuesday that it has signed up a new customer, US-based American Traffic Solutions Inc, a provider of electronic toll and traffic management applications. Wipro will help ATS in building key portions of its next ... More

  • New Compulink products
  • Digital certification pact
  • Sybase centre in Pune

    HUMAN RESOURCES
    MeriTrac hiring process for BPOs `to reduce cost'
    IN the BPO sector that is witnessing 45 to 60 per cent attrition rate and a 4-per cent conversion rate in the hiring process, there is a need for a more stringent way of hiring talent. Mr Madan Padaki, Director, Business Development, MeriTrac ... More

    MERGERS & ACQUISITIONS
    Teledata Info buys 100% equity in Bitech Dubai — 51 pc in Bitech Singapore
    TELEDATA Informatics Ltd, a Chennai-based software firm, has acquired 100 per cent of equity in Bitech Dubai and 51 per cent stake in Bitech Singapore. The acquisition cost in both would be around $4.5 million (around Rs 20 crore), said Mr K. ... More

    NEW PROJECTS
    Leasing arm, new biz units — Cisco aggressive on Indian market
    NETWORK equipment vendor Cisco Systems has announced the launch of its leasing arm - - Cisco Capital - - in the Indian market on Tuesday. Cisco Capital will offer leasing and financial services to customers and channel partners in ... More

    BROADBAND
    AP to deploy low-cost infotainment device
    THE State Government plans to deploy `PCTVT' in the proposed Rs 700-crore broadband project. PCTVT is an innovative low cost device developed by Dr Raj Reddy, Head of Robotics Laboratory of Carnegie Mellon University, in collaboration with ... More

    VENTURE CAPITAL
    CXO Systems gets $7.5 m
    CXO Systems Inc, headquartered in Waltham, Massachusetts, in its second round of funding, has secured $7.5 million. Mr Abhay Patil, Director (Operations), CXO Systems India Pvt Ltd, talking to presspersons, said 25 per cent of this amount ... More

    PEOPLE

  • 24/7 Customer Canada head
  • Tata Tele (Maha) new MD



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    Top Stories
    MFs get a breather on rural branches


    Centre to encourage bank mergers — `No divestment of Govt stake; PSBs can tap markets'

    `Cost-effective storage system, key to e-governance'

    RBI raises CRR of urban co-ops by 50 basis points

    10% cut in tariff values of edible oils likely

    Passenger car sales up 18 pc in August

    Mills may gain from zero duty raw sugar imports

    Looking back
    Sep. 5-Sep. 11
    IT majors report dip in debtor day rates

    TCS Q2 net may dip 1 pc on IPO charges

    Corporates take to `radio frequency identification'

    Mobile subscriber base closing in on fixed line — BSNL adds 6.2 lakh customers in August

    Valtech to buy Majoris for 4.8 m euros

    Maran favours access deficit charges for 2 more years

    ISPs may be stopped from offering private leased line services

    Aviva sale may open up Japan market for Wipro


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