The Hindu Business Line : Wednesday, April 16, 2008

ANNOUNCEMENTS
TCS results on April 21
Tata Consultancy Services Ltd will announce the audited financial results for the quarter and the year ended March 31, 2008 on April 21. The company board will also propose a final dividend on the company’s equity shares and a dividend on ... More

TELECOMMUNICATIONS
5 new mobile operators to get GSM spectrum in TN
New Delhi, April 15 Tamil Nadu is all set to get five new mobile operators with the Government approving start up spectrum to new players who had taken the licence for offering telecom services in the State. The Videocon-promoted Datacom, Idea ... More

Hathway Cable gets Govt nod for debenture issue
New Delhi, April 15 Hathway Cable & Datacom Ltd, which plans to raise its foreign holding to 42.13 per cent by issuing compulsorily convertible debentures (CCDs) to Infrastructure India Holdings Fund (IIHF) and Morgan Stanley Asia, has ... More

INFRASTRUCTURE
Low-cost office space for IT, ITES firms planned
Hyderabad, April 15 With the dollar getting depreciated by the day, it could get tougher for IT and ITES companies to pay the higher rentals as they used to when everything was fine.With the industry still having to wait for one more ... More

FINANCIAL PERFORMANCE
Unscathed so far, by US troubles
A tighter rein on expenses, a better service mix and an active hedging programme to manage rupee volatility have helped Infosys Technologies close 2007-08 with profits and revenues that have bettered its own guidance. While revenues for the ... More

HARDWARE
HP programme for colleges
Hewlett-Packard India has launched ‘Campus on the Move 2008’, an initiative that helps educational institutions implement IT Infrastructure, which includes notebooks, desktops and workstations, easy leasing option and customised ... More

SOFTWARE
Four Soft signs contract with Colvan
Hyderabad, April 15 Four Soft Ltd has signed a contract with Colvan Netherlands BV, for implementation of its freight forwarding software — 4S eTrans SME.According to the terms of the contract signed on Tuesday, Four Soft ... More

SonicWALL chooses Redington
SonicWALL, secure network infrastructure company, has announced Redington as the new company to manage its return material authorisation (RMA) process in India. Redington’s integrated service delivery framework which leverages ... More

Satyam retains top slot
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HUMAN RESOURCES
Infosys to hire 8,000 less than last year
Infosys Technologies plans to hire about 25,000 candidates this fiscal—8,000 less than it did last year. This is because the company expects the first two quarters of this year to go slow, yielding no improvements in pricing or billing ... More

ALLIANCES & JOINT VENTURES
Satyam, Oracle in alliance
Satyam Computer Services Ltd, and Oracle have announced a co-development agreement to build Oracle Application Integration Architecture (AIA) process integration packs for enterprise Product Lifecycle Management (PLM). The Hyderabad-based Satyam ... More

VENTURE CAPITAL
Qualcomm Ventures to invest in Tessolve
Bangalore, April 15 Qualcomm, developer and innovator of advanced wireless technologies and data solutions, has announced its commitment to invest in Indian start-up companies offering innovative technologies and services that enhance the ... More

OUTLOOK
‘Virgin markets continue to be strategic fit’
Bangalore, April 15 Infosys Technologies has said it will continue to invest in “virgin” markets as part of its “long term strategy” to reduce dependence on North America. New markets include China, West Asia, ... More