The Hindu Business Line : Wednesday, April 27, 2005

`Indian mobile users talk the most'
INDIAN mobile users are among the highest talkers compared to their counterparts in other countries in the Asia Pacific region. According to a benchmark study done by PricewaterhouseCoopers (PWC) average minutes of usage a month is 287 minutes ... More

Cell operators slash roaming rates by 33%
THERE'S good news for mobile users. Cellular operators, including Airtel, Hutch and Idea Cellular, on Tuesday dropped roaming charges from Rs 3 a minute to Rs 1.99 a minute. The move came just a few hours after the Union Minister for ... More

Govt mulls direct inter-circle mobile connectivity — Cheapest handset at Rs 1,700 launched
THE Government is considering allowing direct inter-circle connectivity to cellular operators, which will allow cheaper long distance calls on mobile phones. At present, cellular operators are required to route calls between two circles ... More

Get set go
SSLC students waiting for the clock to strike 12 noon to get their results via the mobile phone in Bangalore on Tuesday. Gone are the days when mark lists used to be pasted on the school notice ... More

FINANCIAL PERFORMANCE

Nucleus Soft Q4 net doubles
NUCLEUS Software on Tuesday posted a 96 per cent rise in its Profit After Tax for the quarter ended March 31, 2005 at Rs 8.54 crore compared to Rs 4.35 crore for the corresponding quarter previous year. "Consolidated revenue from software ... More

VisualSoft Q4 net dips to Rs 7 crore
DESPITE achieving a significant growth in total income, VisualSsoft Technologies Ltd has suffered a fall in net profit for both the quarter and fiscal ended March 2005. On a total income of Rs 51.44 crore for the quarter, it posted a net profit ... More

HARDWARE

Expert panel on IT keen to improve PC penetration
IN a move that could fuel PC market in the country, the Communications and IT Minister, Mr Dayanidhi Maran, on Tuesday said the government-industry panel on improving computer penetration would strive to bring out a Rs 9,999 `no-compromise' ... More

TVS-E plans facility in HP
CHENNAI: TVS-Electronics Ltd is exploring options to invest in a manufacturing facility in Himachal Pradesh to take advantage of excise duty and other tax concessions. The company is expected to decide on the feasibility of setting up ... More

SOFTWARE

IT industry growth well on track: Karnik
EVEN as results posted by some IT majors fell short of market expectation, Nasscom today stuck to its estimates for IT and ITES industry growth of 30-32 per cent for 2004-05. "We are sticking to our target of 30-32 per cent growth. The results ... More

Cisco sees 30 pc revenue growth from SMB biz
CISCO Systems (India) Pvt Ltd expects 25-30 per cent growth in revenue from small and medium businesses (SMB) in the next two-three years, according to Mr Jangoo Dalal, senior Vice-President (Enterprise), Cisco Systems (India and SAARC). ... More

Wipro Info's tool for Pantaloon
BANGALORE: Wipro Infotech said on Tuesday that it has implemented Radio Frequency Identification (RFID) solution in the Pantaloon's Tarapur warehouse and factory. The RFID project for Pantaloon delivers on the promise of improved supply ... More

SSI board decision
CHENNAI: SSI Ltd has informed the BSE that its members have accorded approval to the board to issue securities up to $100 million. "This is only an enabling resolution, which was passed at the company's annual general meeting held on ... More

Red Hat unveils Tamil Linux
RED Hat India, provider of open source software solutions to the enterprise, has launched Red Hat Enterprise Linux v.4 in Tamil. The latest release includes productivity applications such as office suite with a word processor, spreadsheet, ... More

Softex Digital becomes member of Forum Nokia PRO
SOFTEX Digital, a leading developer for wireless games and applications based in Technopark, has become a member of the prestigious `Forum Nokia PRO.' Announcing this, Mr R.P. Lalaji, Chairman and Managing Director, said Softex Digital has ... More

IT TRAINING

Arena Multimedia's new career courses launched in Chennai
ARENA Multimedia has launched a two-and-a-half-year career course, Multimedia Specialist Programme-2005, which incorporates the industry-relevant technologies. It is designed in five semesters, including modules on graphics, interactive ... More

MERGERS & ACQUISITIONS

AppLabs buys US co
APPLABS Technologies, a software testing and development services company, has acquired the Utah (US)-based KeyLabs at an undisclosed consideration. The US company, strong in software and hardware testing and specialised certification, would ... More

IPOS

CyberMedia IPO opens on May 4
CYBERMEDIA (India) Ltd is entering the capital market with a public issue of 28.23 lakh equity shares of Rs 10 each. The IPO, priced at Rs 60 per share, is expected to help the company raise Rs 16.94 crore. The issue opens on May 4 and closes ... More

PIRACY

Nasscom seeks special courts for piracy cases
Reducing India's piracy rate by 10 points over a four-year period could create 50,000 high-wage jobs and increase local revenues by more than $1.6 billion. More

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