Financial Performance
ITIL Q1 net up 84 per cent
NEW DELHI: The Delhi-based Information Technologies India Ltd. (ITIL) today announced a 84 per cent jump in its net profit for the first quarter ending August, at Rs 23.02 crore.
Information Technology
BPL Tele earth stations for digital video
BPL Telecom, the networking and information technology arm of BPL Ltd, has deployed earth stations for digital video broadcast, using 4:2:2 compression technique (a high-end technology).
IT&T plans IPO for Rs 32-38 cr by Oct
IT&T Ltd, a Delhi-based web software and services company, plans to enter the capital market with an initial public offer (IPO) by the first week of October.
Pentamedia, Broadcast in strategic alliance
PENTAMEDIA Graphics Ltd and Broadcast Worldwide have entered into a strategic alliance to facilitate the Internet broadcasting of TARA, Broadcast Worldwide's channel.
Microsoft launches new Windows edition
MICROSOFT Corporation on Thursday launched the Windows Millennium Edition (Me) in India, targeted at the home PC user.
MindTree, Cadence sign pact
CADENCE Design Systems (I) Pvt Ltd, the software and services supplier, and Technology Practice of Mindtree Consulting have entered into a (minimum) three-year strategic alliance.
Applitech to develop package for UK firm
THE Rs 26-crore Applitech Solutions Ltd (ASL), the Ahmedabad-based software development company with a wholly-owned subsidiary in the UK, has signed a deal with Home Works, UK, to develop a customised package called `my home log'.
Optimal launches financial portal
PUNE: The Pune-based Optimal Online Solutions Pvt Ltd, has launched Paysafeindia.com, a portal covering indirect taxes, capital gains taxation and NRI advisory and taxation subjects in minute details to cater to all business from small shopkeepers to cor
porate sector.
A&S Dizyn matrimonial site goes live
CHENNAI: The Chennai-based A&S Dizyn, a design studio, has officially announced the launch of its matrimonial site -- www.swayamwara.com.
Pokarna plans B2B Web site for granite
HYDERABAD: Pokarna Granties Ltd plans to launch its B2B portal for stone products -- www. stonetrack.com -- in the first week of next month.
Comsat Max gateways in 8 cities
CHENNAI: Comsat Max Ltd, the Mumbai-based corporate networking service provider through VSAT and virtual private network (VPN), plans to set up eight dedicated international Internet gateways in the country at a cost of Rs 10 crores.
Infobahn plans preferential offer to acquire US firm
INFOBAHN Technologies Ltd (ITL), the software solutions company with its development centre located at Hyderabad, is planning to make a cash investment and also issue fresh equity shares on a preferential allotment basis to acquire the US-based Cypress A
ssociates Inc in a cash cum stock deal.
Ruksun Software to set up operations in Europe
THE Pune-based Ruksun Software Technologies, providers of wireless and mobile computing and communications products, is gearing up to set up operations in Europe by end-October to cater to the growing needs of mobile users.
Indian software cos set sights on Europe
INDIAN software companies are beginning to focus on Europe in a bid to diversify markets and reduce their reliance on the US markets.
