Financial Daily from THE HINDU group of publications
Friday, October 28, 2005
Markets (October 27)
BL 2502223.22 (-37.91)
BSE Sensex7798.49(-176.20)
S&P CNX Nifty2352.90 (-55.60)
US Dollar (Buy/Sell)45.07/45.09
Gold Std (10 gm)6965 (+20)


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INFO-TECH

OUTSOURCING


WNS Global to tap Nashik's BPO strength
Mr Bhargava said that itwas essential to develop at least six to seven smaller centres in and around Maharashtra. More

INSIGHT


SIMPLY...
Mid-life crisis ahead for call centres?
PASSIONS run high when issues relating to Alang, the world's largest ship-breaking yard, are discussed. There are many who see the Gujarat port town as a death factory with sub-human working conditions. Then there are ... More

INFRASTRUCTURE


No infrastructure woes, AP promises industry
THE Andhra Pradesh Government is ensuring infrastructure will not cause concern to IT companies planning to set up centres in the State. "We are planning ahead. An exclusive department has been set up to take care of infrastructure facilities," ... More

FINANCIAL PERFORMANCE


KLG Systel Q2 profit up 73 pc
KLG Systel, software development and organisation lifecycle solutions company, has announced a 73 per cent increase in net profit at Rs 119.3 lakh for the second quarter ended September 30 compared to Rs 69.12 lakh in the corresponding period ... More

Patni Q3 net down 24 pc
PATNI Computer Systems has reported a 24 per cent drop in net profit for the third quarter ended September 30, 2005 on a 27 per cent higher total income. Net profit declined to Rs 52.8 crore from Rs 69.8 crore. Total income amounted to Rs ... More

Moser Baer Q2 net plummets 82 pc
MOSER Baer India today posted a steep decline in net profit for second quarter ended September 2005 at Rs 3.08 crore from Rs 17.5 crore in the corresponding previous period. However, the company has shown substantial improvement over the first ... More

NIIT Q2 net rises 12 pc
NIIT Ltd has registered a 12 per cent rise in its net profit for the second quarter ended September 2005 to Rs 13.2 crore compared with Rs 11.8 crore in the year-ago period. Its global system-wide revenues increased 12 per cent to Rs 208.5 ... More

Bharti Tele consolidated profit rises 43 pc in Q2
TELECOM major Bharti Tele-Ventures Ltd today reported a 43-per cent jump in its consolidated net profit at Rs 521 crore for the second quarter ended September 30, 2005 compared to a profit of Rs 364 crore during the same period last year. The ... More

HARDWARE


New Apple products
APPLE has unveiled the fifth generation of the multimedia player iPod and the laptop range iMac. The iPod, reputedly the most popular consumer electronics device to date, has been fitted with a 2.5-inch colour screen, for viewing photos and ... More

SOFTWARE


Citrix to leverage India team for new products
CITRIX Systems, the access infrastructure company, says it will use its 75-strong Indian development resources to drive innovation and technology for the company's future product and platforms. The company launched its comprehensive access ... More

Bavaria woos Indian IT cos
POSITIONING itself as an ideal gateway to Europe, the German State of Bavaria on Thursday invited Indian IT firms to set up shop to tap the market in that region. Speaking at a seminar on `Europe via Munich: Market opportunities for Indian IT ... More

Mauritius woos ICT companies
THE Mauritius Government has invited entrepreneurs from the information technology and communication (ICT) sector to locate their centres assuring all necessary support. The Mauritius Prime Minister, Mr Navinchandra Ramgoolam, on a two-day ... More

Language software tools, fonts soon
THE Union Ministry of Communications and Information Technology has prepared a plan to roll out language software tools and fonts in all the 22 official languages in the country. "The roll-out plan that began early this year will be completed ... More

IT TRAINING


MS, Intel launch PC programme in Bengal
MICROSOFT Corporation India Pvt Ltd on Thursday announced a partnership initiative with the West Bengal Government and Intel Technologies for a State-wide rollout of Gyandeep, the people's PC programme, and Gyanbridhi, the students' PC programme. ... More

MERGERS & ACQUISITIONS


VisualSoft, AppLabs, eSolutions to merge — D.V.S. Raju quits as VisualSoft Chairman
VISUALSOFT Technologies Ltd, an IT services provider, AppLabs Technologies Private Ltd, a testing services company, and eSolutions Private Ltd based in Chennai, have announced a three-way merger plan here today. The merger will create a new ... More

BROADBAND


Broadband tariff set to come down by 50 pc
IN a bid to meet the Government's target of 30 lakh broadband users by the end of the year, State-owned telecom majors MTNL and BSNL are going aggressive with low cost packages. While MTNL on Thursday indicated lowering of broadband tariffs by 50 ... More



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