INFO-TECH
TELECOMMUNICATIONS
After grocery, Subhiksha eyes mobile phone market
Plans to have 400 stores by March next
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Sony Ericsson launches 8 new handsets
New Delhi, July 25 Handset manufacturer Sony Ericsson has launched eight new high end mobile phones ranging between Rs 14,000 and Rs 25,000. The company is hoping to double its sales in the country growing faster than the industry average of ...
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FINANCIAL PERFORMANCE
Aptech Q2 net falls 13.5%
IT learning solutions provider Aptech Ltd has recorded a 13.5 per cent fall in net profit for the quarter ended June 2007 to Rs 6.35 crore as against Rs 7.32 crore reported in the year ago quarter. However, income from operations was up by 39.12 ...
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GTL net slips 49.2%
Mumbai-based network services provider GTL Ltd has reported a 49.2 per cent decline in consolidated net profit at Rs 32.14 crore for the quarter ended June 30, against Rs 63.35 crore recorded for the same quarter last year. Though the ...
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SOFTWARE
Sobha buys SimpleRM
Bangalore, July 25 Sobha Renaissance Information Technology (SRIT) announced on Wednesday it had bought a customer relationship management tool — SimpleRM — from the US-based TriVium Systems Inc. The SimpleRM intellectual ...
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INTERNET
Ecotourism body launches unified logo, Web site
‘Will make it easier to market ecotourism offering’
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HUMAN RESOURCES
IT cos step up overseas hiring
Chennai, July 25 While large IT companies are adding multiples of 10,000 to their India operations, the figure for local hiring abroad, especially in low cost destinations, is much lower. But things may change this fiscal.In the last ...
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MERGERS & ACQUISITIONS
Infosys gets $250-m Philips contract
Outsourcing deal structured as acquisition; to pay $28 m for 3 BPO assets
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General Atlantic buying stake in IBS
Thiruvananthapuram, July 25 General Atlantic LLC (GA) will invest $60 million (Rs 242 crore) in the unlisted IBS Software Services based in Technopark here for an undisclosed minority stake. General Atlantic is a leading global growth ...
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TRADE & LABOUR UNIONS
BSNL union defers strike till September
PSU allowed to buy core equipment for 3G services
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E-COMMERCE & E-BUSINESS
Rlys cuts e-ticket service charges
New Delhi, July 25 Indian Railways has reduced the e-ticket service charges by Rs 5 with effect from July 1. The minimum charge of Indian Railway Catering and Tourism Corporation (IRCTC) for e-tickets for sleeper and second class has ...
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BROADBAND
Airtel’s new broadband plan
Airtel Broadband & Telephone Services has launched the ‘Freedom 550’ Plan, which is a fixed line telephone plan with a bundled offer of a broadband connection. The Freedom 550 plan comes with a free broadband Internet connection ...
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EVENTS
IIM Bangalore to host BarCamp
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OUTLOOK
Innovation key to additional revenue: Nasscom
Bangalore July 25 Innovation could help the Indian IT and ITES industry tap additional revenue streams of $50 billion by 2012, according to the Nasscom-BCG Innovation Report 2007, released on Wednesday.The report called for a six step ...
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PEOPLE
‘Satyam employee kidnapping nothing to do with his profession’
Hyderabad, July 25 The kidnap of the Satyam Computer employee has nothing to do with his profession or job said the Andhra Pradesh Police, while assuring the IT industry and corporates of the best support. A day after Mr Satya Vedula ...
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NEW PRODUCTS & SERVICES
HelloSoft unveils framework for personal computers
Hyderabad, July 25 HelloSoft, Inc has announced the launch of HelloCommunicator for personal computers. This framework provides reusable multimedia service enablers such as instant messaging, presence, and group list management for ...
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