The Hindu Business Line : Wednesday, January 23, 2008

NEW BUSINESS
Jordan co contract for Subex
Subex Azure Ltd, global solutions provider to telecom operators, said it won a contract to provide fraud management and revenue assurance solutions for Umniah, the third GSM mobile phone operator to enter the Jordanian market. Subex would provide ... More

OUTSOURCING
Tata Chem unit launches BPO
Mumbai, Jan 22 Tata Chemicals said its social services unit has started a pilot BPO called ‘UDAY’ at Mithapur where the company’s own facilities are located.Tata Chemicals’ Society for Rural Development has set ... More

TELECOMMUNICATIONS
TRAI mulls lower mobile charges for rural areas
Move flows from plan to abolish access deficit charge More

Mobile congestion levels lower: TRAI
New Delhi, Jan. 22 Not withstanding the crunch in spectrum, mobile operators have reported lower congestion levels during the quarter ended September 2007. A report released by the Telecom Regulatory Authority of India said the number ... More

FINANCIAL PERFORMANCE
Tech Mahindra net up 19%
Improved utilization rates coupled with client additions and a one time gain in other income have enabled the Pune-based telecom solutions provider, Tech Mahindra to report a 19 per cent rise in net profit for the quarter ended December ... More

i-flex posts 4% fall in Q3 net
Mumbai, Jan 22 The city based i-flex solutions Ltd, which is majority owned by Oracle Corporation, recorded a 4 per cent dip in net profit for the quarter ended December 2007. The company’s net profit was down to Rs 106.7 crore, as ... More

Allsec income dips 15% at Rs 23 cr
Allsec Technologies has reported a 15.4 per cent dip in income from operations at Rs 23.01 crore for the quarter ended December 2007 compared to the corresponding quarter last fiscal, a press release said. The company registered a net loss of Rs ... More

Everonn net up at Rs 4.04 cr
Everonn Systems has reported consolidated revenues of Rs 29.82 crore for the quarter ended December 2007, up 30.32 per cent over the previous quarter ended September 2007, a press release said. Operating profit for the quarter grew 23.46 per cent ... More

HARDWARE
Microsoft Hardware’s new campaign
Microsoft Hardware, the computer gaming and peripheral arm of technology major Microsoft, announced on Tuesday launch of a campaign ‘Microsoft Lao, Haath Bachao’, across 12 cities in the country.The message was to create ... More

Microsoft Hardware’s new campaign
Microsoft Hardware, the computer gaming and peripheral arm of technology major Microsoft, announced on Tuesday the launch of a campaign ‘Microsoft Lao, Haath Bachao’, across 12 cities in the country.The message was to create ... More

Bangladesh offers PC vendors new biz opportunities: Study
Kolkata, Jan. 22 With small and medium businesses (SMBs) in Bangladesh increasingly adopting technology, PC vendors — both branded and assembled — see a huge business opportunity. Currently, only one in ten SMBs in ... More

INTERNET
Social interaction pod unveiled
The Pune-based Harbinger Group, provider of software products and services, has launched FlockPod, the world’s first social interaction pod. Mr Vikas Joshi, Chairman and Managing Director, Harbinger Group, said FlockPod would provide a ... More

MERGERS & ACQUISITIONS
Cambridge Tech buys Q-Soft Systems
Hyderabad, Jan. 22 IT services provider Cambridge Technology Enterprises (CTE) announced on Tuesday it has entered into an acquisition agreement with Q-Soft Systems and Solutions, a privately-held Bangalore-based company, for an undisclosed ... More

ALLIANCES & JOINT VENTURES
HCL teams up with Visiprise
New Delhi, Jan. 22 HCL Technologies on Tuesday announced a global consulting partnership with Visiprise Inc for the life sciences industry, covering all aspects of the medical device manufacturing cycle. Visiprise provides manufacturing ... More

iGATE ties up with Cummins
Bangalore, Jan. 21 iGATE Global Solutions, an integrated technology and operations company, said it agreed to partner with the distribution business unit of Cummins Inc to design, develop, test, and implement a global ERP roll-out across 100 ... More

VENTURE CAPITAL
PreMedia Global gets Rs 72 cr funding
Chennai, Jan. 22 PreMedia Global USA Inc (PMG), a US-based knowledge and content service provider with operations in Chennai, has received about Rs 72 crore of private equity funding from JM Financial India Fund. The amount would entirely be ... More

OUTLOOK
Dell shifting focus to software R&D
Not closing Bangalore centre More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Address by MOS for Commerce Jairam Ramesh to NASSCOM (pdf)

People's car

P-Note blues

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
TRAI mulls lower mobile charges for rural areas

KB’s Fair Price to focus on own brands to build biz

India’s wealth management business set to boom

Stocks build-up by processors behind high oilseed prices

Essar’s delay in rig deployment hits GSPC’s exploration plan

Farm sector: Hope lies in futures markets

Excise-exempted units need to file quarterly returns

Looking back
Jan. 13-Jan. 19
WebEx bullish on enterprise market

Lyric Labs sees growing demand for translation

TCS cautious on US scenario

When ESOPs had to sweat it out

TCS working to clinch five domestic deals