Financial Daily from THE HINDU group of publications
Thursday, October 27, 2005
Markets (October 26)
BL 2502261.13 (-7.33)
BSE Sensex7974.69 (-17.05)
S&P CNX Nifty2408.50 (-9.70)
US Dollar (Buy/Sell)44.99/45.12
Gold Std (10 gm)6945 (+60)


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INFO-TECH

OUTSOURCING


Nipuna partners Spirit, bags 3 animation deals
NIPUNA Services Ltd, the business process outsourcing (BPO) arm of Satyam Computer Services Ltd, has forged a business partnership with Spirit, a Rama Naidu Studios initiative, and has bagged three special animation projects. These animation ... More

TELECOMMUNICATIONS


Reliance Info launches Rs 10 recharge facility
The RIM customers can recharge for any amount between Rs 10 and Rs 994 as many times as they want. In a release here, Mr Ajay Awasthi, RIM Business Head, Rest of Tamil Nadu, said the company has formulated the new micro-recharge facility based ... More

Bharti seeks to authorise board to okay FII investments
BHARTI Tele Ventures Ltd has informed the Bombay Stock Exchange that the members of the company will consider, by postal ballot, approving a special resolution authorising the board for investment by foreign institutional investors (FIIs). The ... More

FINANCIAL PERFORMANCE


TVS-E turns in profit in Q2
TVS Electronics has reported a net profit of Rs 47 lakh on revenues of Rs 70.26 crore for the quarter ended September 30, compared to a net profit of Rs 36 lakh on revenues of Rs 58.40 crore for the corresponding quarter last year. Total ... More

HARDWARE


Fujitsu develops 8-bit MCUs
BANGALORE: Fujitsu Microelectronics Asia Pte Ltd has announced the new 8-bit microcontrollers (MCUs) series developed for consumer electronics and home appliances. The new MCUs are the latest additions to the Fujitsu FMC-8FX family, ... More

SOFTWARE


Govt working on multi-lingual domain names — HCL Tech adopts `.in' globally
THE Government is working to evolve a roadmap for implementing multi-lingual domain names in Indian scripts. "The Government is in the process of evolving a roadmap for the implementation of Internationalised Domain Names (IDN) under Devnagari ... More

Work as usual despite rains: Wipro
WIPRO Technologies said on Wednesday that there was no impact on its customers' businesses owing to the unprecedented rains in Bangalore, which has received over 150 mm of rainfall in the past four days disrupting normal life in the city. Wipro ... More

Microsense to expand hotspots
BANGALORE: Microsense, Wi-Fi roaming service provider, on Wednesday announced expansion from 500 hotspots in India to 1,000 by the year end. Enabling this is its participation in the Wireless Verification Programme from Intel. ... More

Mistral to use Xilinx logic
BANGALORE: Mistral Software, an embedded solutions provider, is now an alliance member of global chip design firm Xilinx. Mistral will offer professional design services expertise and total solutions built on Xilinx programmable logic. ... More

OVERSEAS INVESTMENTS


We can be partners for Europe biz, says UK
THE UK is the natural bridgehead to enter the European market, and the 400 Indian IT companies in the UK grew 30 per cent last year, according to the British High Commissioner to India, Mr Michael Arthur. "We are targeting Indian entrepreneurs ... More

TRADE & LABOUR UNIONS


CPI (M) Central Committee to examine note on IT sector unions in Dec
THE CPI (M) Polit Bureau will prepare a comprehensive note on the nature of work of IT sector workers, their rights to employment and working conditions. The note will be placed before the party's Central Committee meeting in the middle of ... More

OFF-SHORE DEVELOPMENT


LogicaCMG to shift more work to India
LOGICACMG plans to offshore application maintenance, BPO and infrastructure management work from various European centres to the Indian arm of its global delivery centre. While part of its British operations were offshored earlier, some of its ... More

E-GOVERNANCE


India to help Africa bridge digital divide
NEW DELHI: India will assist the African Union in facilitating tele-education and telemedicine across the 53 member countries. The project, to be called the Pan African Network Project (PANP), is an initiative of the President, Mr A.P.J. ... More

EVENTS


Gowda wants jobs for land providers; slams IT cos' `negative impression'
"I am not going to minimise the contribution of the IT industry. I am not jealous about your earnings." More

BangaloreIT.in offers gamers a wide choice
GAME maker Electronic Arts, known among gamers for the car racing game Need For Speed, has launched its 2006 gaming collection at BangaloreIT.in. Electronic Arts (EA), in alliance with Game Masti, has released 11 new games, available from ... More

TRENDS


Tier II cities pitch for investments
WITH worsening infrastructure hampering the expansion of IT companies in Bangalore, Tier II cities in the state such as Mysore, Mangalore and Hubli are keen on attracting IT investments. Entrepreneurs who have set up IT and BPO operations in ... More



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