Business Daily from THE HINDU group of publications
Saturday, December 16, 2006
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ANNOUNCEMENTS
Cisco rolls out Global Leap
To tap the market potential of the small and medium business segment, Cisco is rolling out the Global Leap initiative from Pune. The initiative would be showcased at Mumbai, Hyderabad, Chennai, Bangalore, New Delhi, Kolkata, ... More

OVERSEAS BORROWINGS
Subex to raise $200 m for buy-outs
Close on the heels of revealing its plans to sponsor a Global Depository Receipts (GDR) issue, Subex Azure Ltd said on Friday that its board has approved a proposal to raise up to $200 million through a GDR/share/Foreign Currency Convertible ... More

NEW BUSINESS
Wipro bags ITV deal
Wipro Technologies said on Friday that it has been engaged by ITV plc, the largest company in the UK commercial television sector and one of Europe's biggest programme producers, to develop a platform for automating the slotting ... More

TELECOMMUNICATIONS
Why row over Orascom, asks Pak official
Even as security agencies raise concerns over Egypt's Orascom acquiring indirect stake in Indian mobile venture Hutchison-Essar, the Chairman of the Pakistan Telecom Authority (PTA), General Shahzada Alam Malik, said on Thursday that it was ... More

Aditya Birla Nuvo, Grasim, Hindalco own 53 pc in Idea Cellular
The three Aditya Birla Group companies - Aditya Birla Nuvo Ltd, Grasim Industries Ltd and Hindalco Industries Ltd - collectively own a little over 53 per cent stake in Idea Cellular. This is revealed in the red herring prospectus filed with ... More

SOFTWARE
Oracle bullish on telecom vertical
Eyes growing integrated convergence market More

Tirupur exporters' body signs pact
Tirupur Exporters Association (TEA) formally signed an MoU with Microsoft Corporation (India) Pvt Ltd in Tirupur on Thursday in connection with Project Vikas, the capacity building programme through absorption of information and ... More

Financial Tech raises $100 m thru FCCBs
Financial Technologies India Ltd has raised $100 million (Rs 450 crore) by issuing foreign currency convertible bonds to be listed on the Singapore Stock Exchange. The bonds will be convertible into shares at Rs 2362 a share, a premium of 20 ... More

INTERNET
MSN India partners Astrolife to provide astrology content
Astrolife will advertise on MSN but will not share revenues with it More

MERGERS & ACQUISITIONS
Reliance Comm, Maxis in race for Hutch stake
Hutch may give up claim on BPL's Mumbai circle More

E-COMMERCE & E-BUSINESS
Kale Consultants plans foray into travel-related areas
From a travel and transportation industry-focused company, Kale Consultants is all set to include into its fold e-commerce, decision support systems and other travel-related areas. Speaking to Business Line, Mr Vipul Jain, Managing ... More

PRIVACY
Tata Research sees good scope in data privacy tools
After completing 25 years of innovation, the Tata Research Development and Design Centre (TRDDC), would have a key role in the enterprise wide innovation programme, TCS Innovation 2.0, initiated by Tata Consultancy Services this year. It would ... More

CONVERGENCE
i-mode coming to India
Hutchison Essar ties up with Japan-based NTT DoCoMo More

BROADBAND
DoT to open up 5.1 GHz for outdoor usage
In a bid to boost wireless broadband usage, the Government will soon open up the 5.1 Ghz for outdoor wireless access. The Department of Telecom had earlier delicensed the 2.4 GHz band to be used for both indoor and outdoor wireless access while ... More

OUTLOOK
Noida, Hyderabad emerge big centres for chip cos
Start-ups scout for VC funds; policy awaits Cabinet nod More

TCS sets up lab in Peterborough
Mr K. Ananthakrishnan, Chief Technology Officer, TCS, said his company looking at innovations in three time horizons to support the business here. These time horizons are split into the next 12 months, up to three years; and beyond that. He ... More

PERFORMANCE
ITI turnover up 26%
Aided by spurt in manufacturing activity More

NEW PRODUCTS & SERVICES
BSNL launches Aperto products
Aperto Networks, manufacturer of Wimax base stations and subscriber units, announced that BSNL has begun rolling out Aperto's carrier grade Wimax Forum Certified Products across six cities and four rural areas. The six cities are ... More

New NetApp products
Network Appliance has announced three NetApp Information Server 1,200 platforms: the IS1200-FRM (File Reporting and Migration), the IS1200-SA (Search Appliance), and the IS1200-ECS (Enterprise Content Services). The new ... More






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Top Stories
i-mode coming to India

Forex reserves down $45 m

Banks' profits for Q3 may remain buoyant

India's growth set to rise, China's to fall

Kalam calls for raising GDP growth to 10 pc

Govt move may keep wheat prices under control

Service tax woes

UK Takeover Code silent on parallel schemes of arrangement

Tata Research sees good scope in data privacy tools

Looking back
Dec. 3-Dec. 9
Used cars: Easy search

More investments vital to sustain growth rate: Chidambaram

Ease programming pains of going multi-core!

Race in reality with GPS gaming

Satyam sets up centre for Sony Europe

IFC may invest Rs 100 cr in Moser Baer project

Subsidy for rural mobiles: Bill passed

Game enough for online attacks?



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