The Hindu Business Line : Tuesday, May 10, 2005

Telephone subscriber base crosses 100 m
WITH the growth in telephony continuing with the uptrend during April this year, the total telephone subscriber base in the country, including fixed lines and mobiles, has crossed the 100-million mark. During the last month, approximately 2 ... More

Reliance Info unveils Rs 99 post-paid plan
RELIANCE Infocomm has introduced a post-paid plan with a minimum commitment of Rs 149 a month, of which the rental component is Rs 99. The company described this introduction as an "aggressive foray into the rapid sub-Rs 100 market that ... More

INFRASTRUCTURE

Kerala Technopark in expansion mode
The second phase of expansion, which is expected to be completed by 2007, will fetch an investment of Rs 1,000 crore and create 20,000 jobs. More

STOCKS

IT stocks jump on ADS hopes
IT stocks led by Infosys Technologies were among the major gainers after the software firm announced that its second sponsored American Depositary Shares (ADS) will open from today. Buying in top IT companies was on expectation that other IT ... More

Saksoft makes strong debut at 261% premium
SAKSOFT Ltd, which listed its shares on the NSE on Monday, opened at Rs 57.70 and closed at Rs 108.30, with the total quantity of shares traded during the day being over 1.39 crores. The closing price was 261 per cent more than the issue ... More

HARDWARE

Frost & Sullivan gets mandate to study chip industry
LATE but never too late seems to the be the spirit behind the India Semiconductor Association's decision to entrust the task of a study of the semiconductor industry to Frost & Sullivan, a global growth consulting company. Citigroup, global ... More

SOFTWARE

As margins shrink and competition hots up — Tier-1 vendors reviewing client profiles: Forrester
To get high-quality staff and "decent service levels" from top-tier vendors, customers should expect to pay in the $24-30 per hour range for offshore work. More

Satyam joins XBRL consortium
SATYAM Computer Services Ltd has announced that it has become India's first Direct Participant member at the XBRL International, a non-profit consortium whose members include approximately 300 leading global organisations. As a Direct ... More

Infy ADR issue opens
BANGALORE: Infosys Technologies Ltd's secondary sponsored offering of American Depository Receipts (ADRs) against Indian equity shares opened on Monday. The scheme allows local shareholders to tender their shares, which will then be ... More

Nucleus, Sun Micro in deal
NEW DELHI: Nucleus Software Exports Ltd and Sun Microsystems have announced an agreement under which the two companies would combine marketing efforts that encompass future of banking software solutions, Sun hardware and the Solaris ... More

Quantum-Veritas bundled tool
BANGALORE: Quantum Corp and Veritas Software Corp have announced that they will provide small-to-medium-size businesses (SMB) and workgroup customers with a bundled solution that will enable them to backup and restore critical data, with ... More

Ramco Systems rights issue
CHENNAI: At the meeting of the board of directors of Ramco Systems held on Monday, it has been decided to raise further capital by issue of equity shares on rights basis for an amount not exceeding Rs 75 crore. The board has also ... More

MESPL to launch development centre
THE Pune-based Master Embedded Systems Pvt Ltd (MESPL) is all set to inaugurate its new design and development centre focusing on new product designs, re-engineering and testing existing products in verticals such as automotive, industrial ... More

IT TRAINING

Institute for software skills planned in Vizag
THERE is a proposal to set up an integrated institute to impart software skills to enable the local youth to derive benefit from the IT companies setting up business here, according to the Minister for Commercial Taxes, Mr K. Ramakrishna. At a ... More

GENDER

Hema Ravichander quits Infosys
MS HEMA RAVICHANDER, the global head of the human resources at software major Infosys Technologies Ltd, has quit. Infosys officials confirmed on Monday that Ms Hema Ravichander, Group Head and Senior Vice-President, has resigned and "would be ... More

EVENTS

Microsoft to host zonal round of Imagine Cup contest
MICROSOFT Corporation India today announced that it would host the zonal round of the India leg of Imagine Cup contest in Delhi on May 11. Imagine Cup is a global contest held by Microsoft to provide students across the world with an ... More

BOOKS

Liqwid Krystal, Safari in pact
LIQWID Krystal, an IT company with products and solutions across the human capital cycle, and Safari Books Online, a US-based joint venture between O'Reilly Media Inc and The Pearson Technology Group, have announced a distribution alliance ... More

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