The Hindu Business Line : Saturday, April 23, 2005

Airtel to invest Rs 120 cr in Maharashtra, Goa
MOBILE service provider Airtel announced here on Friday it will invest Rs 120 crore in the Maharashtra and Goa circles where it plans to rapidly roll out its network, add capacity and infrastructure to grab market share. The company said it ... More

Idea rewards loyal customers
NEW DELHI: Idea Cellular Ltd disbursed talk time worth Rs 2.8 crore to 14 lakh pre-paid customers across its eight circles under the customer loyalty programme launched in December 2004 called Lifetime Idea. The programme allows bonus ... More

SOFTWARE

Dividend makes Premji richer by Rs 292 cr
A 250-per cent cash dividend on par value of Rs 2 per share would make Wipro Ltd's promoter, Mr Azim Premji, richer by some Rs 292 crore. Mr Premji has an 83.11-per cent equity stake in Wipro. This year, however, Mr Premji's dividend earnings ... More

Wipro sees flat margins for June quarter
WIPRO Ltd expects its profit margins to stay flat in the quarter ending June despite volatility in foreign currencies. Mr Suresh Senapaty, Corporate Executive Vice-President (Finance), Wipro, said: "Margins are going to be flattish in the ... More

NIIT Tech scaling up ties with Holcim
NIIT Technologies Ltd today announced that it is scaling up its ongoing IT engagement with the global cement major, Holcim group. "The global cement major, Holcim group, has decided to consolidate its data centre operations for the entire ... More

Compulink's new corporate campus inaugurated at Pune
KSHITIJ, the new corporate campus of Compulink Systems located at the Rajiv Gandhi Infotech Park in Hinjewadi, spread over three acres, has been inaugurated by Mr Kiran Karnik, President Nasscom. The new facility will function as corporate ... More

MERGERS & ACQUISITIONS

Wipro to merge BPO arms into one unit
WIPRO Ltd has decided to amalgamate its business process outsourcing (BPO) subsidiaries under one entity. Wipro BPO Solutions Ltd is the new division created after renaming WiproSpectramind Services Ltd. The companies to be amalgamated into ... More

SPI Technologies eyes acquisitions to expand
SPI Technologies, a player in the healthcare BPO services, is pursuing a $50-million expansion plan. The expansion process commenced a year ago with the company making strategic investments in target markets to support rapid growth in key ... More

vCustomer to buy MCI service assets
VCUSTOMER Corporation, a player in business process outsourcing and customer relationship management space, announced on Friday that it signed a definitive agreement to purchase the Directory Assistance Service, Operator Service and Relay ... More

OFF-SHORE DEVELOPMENT

Sonus centre in Bangalore
THE US-based Sonus Networks, a provider of voice over Internet protocol (VoIP) infrastructure, has set up a software development and regional support centre in Bangalore. Sonus Networks India Pvt Ltd will focus on developing VoIP applications, ... More

SECURITY

18 security auditors to check cyber crimes
IN the backdrop of heightened concerns over cyber security, Indian Computer Emergency Response Team (CERT-In) has decided to empanel 18 security auditors, including Satyam, TCS, PWC and Sify, to identify vulnerabilities in the network ... More

E-GOVERNANCE

IT Dept pulled up for slow pace of Media Lab work
A PARLIAMENTARY panel has pulled up the Department of IT for the slow pace in implementing the activities of the once-controversial Media Lab Asia. "The committee is dismayed to note the slow pace in the implementation of the activities of ... More

EVENTS

ELITEX-2005 expo
NEW DELHI: The Minister of Communications and Information Technology, Mr Dayanidhi Maran, would inaugurate Electronics & Information Technology Exposition `ELITEX-2005', an annual interaction of various electronics and IT institutions, on ... More

IT-ENABLED SERVICES

India still has edge in ITES: Experts
INDIA still has the edge and the first mover advantage in IT-enabled services and BPO, though China is catching up fast, according to several experts. They expressed the view at the inaugural session of a two-day seminar on services marketing ... More

PEOPLE

New Adobe Senior V-P
NEW DELHI: Adobe Systems Inc has announced the promotion of Mr Naresh Gupta to the post of Senior Vice-President. Mr Gupta joined Adobe in 1996 as a member of the corporate research group where his work resulted in five patent ... More

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