Business Daily from THE HINDU group of publications
Wednesday, July 18, 2007
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NEW BUSINESS
Satyam bags outsourcing contracts worth $75 m
Satyam Computer Services Ltd has bagged four outsourcing contracts aggregating to $70-75 million in Singapore, the United Arab Emirates and Australia.“While the size of the deal is not too significant for a company like Satyam, we ... More

TELECOMMUNICATIONS
Essar seeks nod to invest Rs 500 cr in tower business
New Delhi, July 17 Essar Group has sought the permission of the Foreign Investment Promotion Board to invest Rs 500 crore in its telecom infrastructure business Essar Telecom Tower Infrastructure. The infrastructure business is being ... More

Mobile firms ready to battle it out at TRAI open house
New Delhi, July 17 Even as cellular operators are set to fight it out at the Telecom Regulatory Authority of India’s (TRAI) open house on Wednesday over a number of policy issues related to capping the number of mobile operators and ... More

MTNL gets Rs 1,461-cr IT refund
Mahanagar Telephone Nigam Ltd has got a refund of Rs 1,461.68 crore from the Income-Tax Department. This comes after the Income-Tax Appellate Tribunal had ordered the Department to refund the money collected with respect to licence fee and 80IA ... More

INSIGHT
Tale of 2 software companies
Both are software companies. Both have been growing extraordinarily rapidly for several years. Their future looks equally bright. Both operate out of India, but their customers and markets are in the US. They epitomise the new India – ... More

INFRASTRUCTURE
Reliance Telecom Infra plans listing this year
Flag Telecom stake sale through private placement also on agenda More

FINANCIAL PERFORMANCE
Sonata Q1 net down 11%
Sonata Software has reported 11 per cent dip in net profit at Rs 7.73 crore on revenues of Rs 46.1 crore for the quarter ended June, compared to Rs 8.75 crore on revenues of Rs 43.84 crore in the corresponding previous period. On a consolidated ... More

SOFTWARE
Indian ADRs post mixed returns
Infy, Wipro lag even as Satyam, Rediff shine More

INTERNET
New portal on insurance
Ram Informatics Ltd will be launching InsuranceOnline.com, a portal to cater to the needs of general public, insurance agents, brokers and other professionals. The portal would offer quick policy search, LIC forms, policy serving matters, ... More

Updated WBIDC site launched
Kolkata, July 17 An updated Web site of the West Bengal Industrial Development Corporation Ltd (WBIDC) was launched today by Mr Nirupam Sen, Minister for Industries and Chairman of WBIDC. The site has been specifically designed with a view to ... More

IT TRAINING
Teaching design programme from Tenable
Hyderabad, July 17 Tenable Learning Solutions, in association with Philadelphia University, launched a certificate programme in instructional design in e-learning.“The programme has been designed to equip the students with ... More

HUMAN RESOURCES
Cisco to strengthen networking skills pool
Bangalore, July 17 Cisco India will strengthen its pool of advanced networking professionals in the next 2-3 years through increased academic relationships, developing talent from within the organisation and launching ‘nurseries’ ... More

MERGERS & ACQUISITIONS
What Yipes adds to Reliance Communications
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e4e eyes US, Europe for buys
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OUTLOOK
Bharti ready for 3G, says Sunil Mittal
Chennai, July 17 Describing 3G as “data on steroids,” the Chairman and Managing Director of the Bharti group, Mr Sunil Bharti Mittal, today said that the cutting edge telecom technology ought not to be viewed by the Government as a ... More

PEOPLE
Girish Nair to head Aircel HR
Cellular operator Aircel has roped in Mr Girish Nair as Corporate Vice-President and Group Head, Human Resources (HR) effective from July 2007. Previously, he was the Senior Vice-President for Global HR at Aztecsoft Ltd, where he spearheaded its ... More

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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
What Yipes adds to Reliance Communications

‘Air Deccan has found best partner in UB’

Petro products sales rise 10.9% in June

Indian ADRs post mixed returns

Credit Suisse sees recovery in consumer spending in H2

Rising rupee: Exporters look for further relief

Textile firms leverage Italian tie-ups to move up value chain

‘Small savings decline 21% during 2006-07’

Mobile firms ready to battle it out at TRAI open house

Looking back
Jul. 8-Jul. 14
Is YouTube the next marketing mantra?

Mobile operators favour cap on number of players

Mid-cap IT companies remain firm in recent past

Infosys positive on prices

Infosys mum on CapGemini buy

Aztec Software ruling will increase cost of compliance



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