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NEW BUSINESS
Everonn Sys bags Gujarat order
Everonn Systems Ltd., today announce that the company bagged a Rs 30-crore order for providing IT infrastructure in 1,256 schools in Gujarat to be executed and managed for 36 months period. The Managing Director of Everonn, Mr P. Kishore, said ... More

TELECOMMUNICATIONS
DoT urges DD to vacate spectrum for pvt players
More

Tata Indicom smart phone for PCOs
Kochi, June 29 Tata Indicom has introduced a new telecom device branded Parsec, a new generation smart phone, in Kerala here on Friday. The new device to be used in PCO booths will enable consumers to check movie reviews, listen to ... More

Reliance ‘Jodi’ offer
Kochi, June 29 In order to encourage calling between two near and dear ones, Reliance Communications announced a Jodi offer for its mobile customers in Kerala. Customers opting for this offer can avail themselves of unlimited free calls ... More

HARDWARE
Rittal to invest €20 m in India
Rittal India has announced an investment to the tune of €20 million in India. The company also plans to start a second manufacturing site. Rittal India is a wholly owned subsidiary of the Germany based Rittal GmbH & Co. KG, an ... More

SOFTWARE
TCS capex at Rs 1,400 cr
Mumbai, June 29 Tata Consultancy Services has set its capital expenditure for fiscal 2007-08 at Rs 1,400 crore, Mr Ratan Tata, Chairman of the Tata Group, told shareholders at the annual general meeting of the company on Friday. ... More

Sri Lankan selects FinnOne
NDB Bank of Sri Lanka has selected Nucleus’ flagship product — FinnOne Retail Suite on Oracle Database and Oracle Fusion Middleware — for implementation across its 32 branches in that country. For Nucleus, this is said to be a ... More

HUMAN RESOURCES
Visa row: IT cos ethically managed, says Nasscom
‘Temporary work visas are beneficial to US corporations’ More

MERGERS & ACQUISITIONS
Magnum Semiconductor acquiring LSI Corpn unit
The US-based Magnum Semiconductor will acquire the consumer products division of chipmaker LSI Corporation. The transaction is expected to close in the third quarter and is not subject to regulatory approval. Financial terms are not being ... More

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