The Hindu Business Line : Tuesday, June 12, 2007

NEW BUSINESS
Hexaware wins Japan deal
IT services provider Hexaware Technologies said it has been selected by a system integrator in Japan to develop a core application for the modernisation of the postal department of a South East Asian country. The first phase of the deal worth ... More

TELECOMMUNICATIONS
BSNL seeks consultants' help as market share declines
In a bid to arrest the declining market share, BSNL is appointing a consultant to suggest ways to improve its business processes. The company has short-listed five global consultants, including the Boston Consulting Group for the ... More

Bandwidth glut plagues telecom sector
Only 15% of international and 50% of domestic capacity used More

SOFTWARE
Subex Azure preferential issue
Subex Azure Ltd has announced a preferential issue of warrants to its promoters/promoter group. Shareholders of the company recently approved the preferential issue. As a result of the issue, the promoters, comprising Subex ... More

MERGERS & ACQUISITIONS
ESPN buys Wisden's Cricinfo
Print, mobile service arm part of deal More

Set for another long innings
Cricinfo has finally entered the big league. From being an `informal network' of cricket enthusiasts "swapping cricket scores and statistics" online in 1993, during the early days of the Internet, to being acquired by sports and media giant ESPN, ... More

`ESPN branding to Cricinfo Web site in future'
In an e-mail to Business Line, Ms Lynne Frank, Managing Director, ESPN EMEA, elaborated on the acquisition of Cricinfo. What prompted ESPN to acquire Cricinfo? Cricinfo is the largest and, we believe, the best cricket news and ... More

Cricinfo upbeat on alliance with ESPN
Mr Tom Gleeson, Managing Director of Cricinfo, cannot hide his excitement about being part of what he calls "the world's leading sports media business." Although he is not sure what shape the synergy with ESPN (the US-based ESPN Inc has ... More

ALLIANCES & JOINT VENTURES
Satyam, US co in pact for retail, supply-chain solutions
IT solutions provider Satyam Computer Services Ltd on Saturday announced that it has entered into an alliance with US-based JDA Software Group, Inc, to offer retail and supply chain solutions in the Asia-Pacific (APAC) region. JDA is a ... More

OUTLOOK
L&T Info aims at $1 b turnover
L&T Infotech, the IT subsidiary of Larsen & Toubro, will report a turnover of $1 billion (over Rs 4,000 crore at current exchange rates) within a period of three or four years, said Mr A.M. Naik, Chairman & Managing Director, L&T, at More

PEOPLE
Vandrevala quits Motorola
Mr Firdose Vandrevala, Chairman, Motorola India and corporate Vice-President, Motorola Inc, has decided to quit the company effective July 1, 2007. Making the announcement, Mr Simon Leung, President, Asia Pacific, Motorola Inc said, "Firdose ... More

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