The Hindu Business Line : Tuesday, March 28, 2006

Sutherland new Manila facility inaugurated
New York-based Sutherland Global Services, a business process outsourcing service provider, has ramped up its Philippines headcount to over 750 against a phase one target of 500 professionals. It forayed into Philippines in mid 2005. Ms Gloria ... More

TELECOMMUNICATIONS

BSNL to connect rural areas with copters' help
Hires fuel trucks to power generators More

TRAI exempts small players from accounting separation
Only for cell operators, fixed line and long-distance providers More

SOFTWARE

Infosys to invest Rs 1,250 cr in Hyderabad
IT major Infosys Technologies Ltd today announced plans to invest about Rs 1,250 crore in its proposed second campus in Hyderabad, which will see the company inducting 25,000 people over the next 10 years. The company's existing Hyderabad ... More

TCS sees block deal
TCS counter is seeing some action on the block deals front with various Shapoorji Pallonji entities exchanging shares. Shapoorji Pallonji and Company (Rajkot) Pvt Ltd bought over 17 lakh shares at this counter. Shapoorji P Mistry sold over ... More

California Software rights issue
California Software Company Ltd has fixed price for its proposed rights issue at Rs 66 (inclusive of share premium of Rs 56 per share). The record date for the shareholders who qualify for the issue has been fixed as April 12, a company press ... More

Infosys pro murder: Suspects nabbed
Kevin Dias and Vicky Manthora, the prime suspects in the murder of Vikram Poddar , an Infosys executive, have been nabbed by a team consisting of the Pune city police, Crime branch and the Hinjewadi police. Talking to presspersons Mr D.N. ... More

Electronics, IT exports to grow 27 pc in 2005-06
ITES, BPO industry to grow 37 pc to $ 6.3 b More

Millennium Global Business Solutions looks to expand
Millennium Global Business Solutions, a California-headquartered company with expertise in implementing process excellence solutions, plans to expand its activities in India. It started its operations here recently and has held workshops on Six ... More

HUMAN RESOURCES

Symantec to hike headcount
Symantec Corporation has announced that it would more than double its talent pool in India and expand its footprint by looking at setting up other centres in India over the next couple of years. The $5-billion company said it was at the ... More

MERGERS & ACQUISITIONS

Oracle raises stake in i-flex to 47.5 pc
In a move towards owning a majority stake in i-flex Solutions Ltd, Oracle Global (Mauritius) Ltd along with Oracle Corp has recently enhanced its holding in i-flex to 47.5 per cent by acquiring some 34.5 lakh shares of the company from the open ... More

OFF-SHORE DEVELOPMENT

Fujitsu Consulting to expand Rapidigm India
Plans under way to maximise gains from acquisition More

SECURITY