The Hindu Business Line : Wednesday, June 01, 2005

Alstom, Infosys in $39-m R&D venture
FRENCH engineering major Alstom plans to invest $39 million in an R&D centre at Infosys' Electronics City facility and hire up to 300 people in three years. Announcing this at a press meet, the Alstom Power President, Mr Philippe Joubert, ... More

OUTSOURCING

GE Capital to set up BPO facility in Kolkata
GECIS, better known as GE Capital International Services, today unveiled its plans for Kolkata, which envisages, among other things, providing employment to over 1,500 professionals here over the next two years. The company today received the ... More

TELECOMMUNICATIONS

Nokia plans to make base station controllers at Chennai
NOKIA today announced that it would establish a high-end Base Station Controller manufacturing unit in Chennai. "Nokia is confident of India's skilled labour force's ability to handle the manufacturing of high-end network infrastructure ... More

Anil Ambani holds talks with Infocomm honchos
THE Vice-Chairman and Managing Director of Reliance Industries, Mr Anil Ambani, visited Reliance Infocomm headquarters on Tuesday and held discussions with the heads of departments, giving indication that the settlement process between the ... More

BSNL(TN Circle) gears up for competition from pvt mobile operators
WITH inter-service area connectivity permitted by the Union Government, mobile phone services will become the most preferred choice for telephone users and the Tamil Nadu Circle of Bharat Sanchar Nigam Ltd (BSNL) is confident about competing ... More

FINANCIAL PERFORMANCE

Zen Tech Q4 net at Rs 3.5 cr
ZEN Technologies Ltd, the Hyderabad-based software services and products company, has recorded total income of Rs 9.69 crore with a net profit of Rs 3.49 crore for the quarter ended March 31, as against a total income of Rs 5.29 crore and a net ... More

SOFTWARE

Strategy review exercise under way in Polaris
POLARIS Software Lab Ltd has appointed a global management consulting firm to do a strategy validation, and to inform whether Polaris is on the right path. The consultant started the exercise from May 1, and is expected to give its ... More

Cisco eyes SMB segment
CISCO, player in the networking arena, is set to tap the growing small and medium business in the auto-component manufacturing, pharma and textile sectors. The company is looking at developing sub-vertical specialisations to penetrate the ... More

Bridle tool for schools
HYDERABAD: Bridle Information Technology Solutions, a BITS-Pilani incubated start-up, has developed an innovative solution for educational institutions and plans to market it in the countryindependently and through strategic partners ... More

HUMAN RESOURCES

Macromedia to double headcount
MACROMEDIA plans to increase the headcount in its Bangalore centre to 220 from the current strength of 110 in the next nine months, said Mr Shriram Krishnamachari, Country Manager - India, Macromedia. He was speaking at the release of the ... More

MERGERS & ACQUISITIONS

Ensim Corp to buy TeleGea
ENSIM Corporation, player in hosting automation software, on Tuesday announced the signing of a definitive agreement to acquire TeleGea Inc, provider of service delivery solutions for hosted Voice over IP (VoIP) services. The combination of ... More

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