The Hindu Business Line : Tuesday, January 30, 2007

RESEARCH & DEVELOPMENT
Magma Design opens R&D facility in Bangalore
Magma Design Automation Inc, a semiconductor design software provider, strengthened its presence in India with the inauguration of its new facility here on Monday. The 40,000-sq-ft facility is the company's third R&D centre in the country, after More

ESOPS
Satyam grants restricted stock options
Satyam Computer Services Ltd has informed BSE that the Compensation Committee of Directors has granted restricted stock units covering 37.66 lakh equity shares of Rs 2 each under its stock option plans. The RSUs are exercisable over four years ... More

OUTSOURCING
Stracon ramps up for Rlys' call centre
With the deadline for the Railways' call centre coming closer, Stracon Back Office Solutions, which has bagged the deal as part of the Spanco Telesystems consortium, is ramping up to meet the challenge. The company, which would now be known as ... More

TELECOMMUNICATIONS
MTNL readying 3G mobile services
After being the first telecom operator to launch Internet Protocol Television (IPTV) services in the country, State-owned Mahanagar Telephone Nigam Ltd could be the first off the block in offering third generation (3G) mobile services. The ... More

India may produce 30 million handsets in 2007: ICA
Business phones making inroads More

FINANCIAL PERFORMANCE
Subex Azure Q3 net rises 65%
Subex Azure Ltd, a vendor of revenue maximisation solutions for telecom operators, today reported a 65 per cent increase in its net profit at Rs 19.1 crore on a consolidated revenue of Rs 106.2 crore for the quarter ended December 31, 2006. The ... More

HARDWARE
`Kerala has potential to be electronics hardware hub'
`An electronics hub in Kerala can carry out activities such as electronics contract manufacturing, prototyping of electronic products and so on.' State Govt urged to set up infrastructure fund More

HUMAN RESOURCES
Accenture to make India its largest centre
To hike headcount 30 pc to 35,000 More

ALLIANCES & JOINT VENTURES
Hinduja TMT in venture for legal outsourcing services
Hinduja TMT Ltd and UK- based business consulting and outsourcing firm Centric have entered into a joint venture with law firm Fox Mandal Little to provide legal outsourcing services to multinational companies and various international law firms. ... More

OFF-SHORE DEVELOPMENT
US-based co opens offshore development centre in Madurai
Has Fortune 500 clients; Targets N American, European markets More

M-COMMERCE
`MobileNXT' store in Manipal
MobileNXT Teleservices Pvt Ltd, a mobile retail chain, has launched `MobileNXT' store in Manipal. A company release said here that this is the 22nd MobileNXT store in the country. Quoting Mr Vijay Menon, Founder and Chief ... More

OUTLOOK
Russia's Sistema plans telecom gear unit in India
Hopes to ride on increasing subscriber base More

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