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Wednesday, July 13, 2005
Infosys Q1 net profit up 37 p.c.
The group proposes to add 13,500 employees
Leather sector set to trigger big investment
Emphasis is on infrastructure, environmental safeguards
Computerisation to widen tax base, Chidambaram tells parliamentarians
NEW DELHI: The Union Finance Minister, P. Chidambaram, on Tuesday said the electronic filing and processing of tax returns had made the system more transparent which, in turn, would help widen the tax base. Addressing the members of the ...
Wide swings in Sensex
IT counters at receiving end
Call to import U.S. high tech
Scope for boosting trade with U.S. in defence, biotechnology and nano-technology `Existing framework for obtaining licence based on end use is under-utilised'
YES Bank lists at 46 p.c. premium
MUMBAI: The equity shares of YES Bank were listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on Tuesday. The shares of the bank opened at a premium of 46.4 per cent (at Rs. 65.90) on the NSE and at a premium of 44.4 per ...
ITI wins GSM network order
BANGALORE: ITI has clinched an order worth Rs. 1,233 crore for setting up GSM mobile network of four lines in the west zone comprising four BSNL circles of Maharashtra, Gujarat, Madhya Pradesh and Chattisgarh, giving a big fillip to its ...
Suzlon files red herring prospectus
CHENNAI: Suzlon Energy Ltd. (Suzlon) on Tuesday filed its draft red herring prospectus with the Securities and Exchange Board of India for its initial public offer of 29.34 million equity shares of Rs.10 each for cash at premium. The price will ...
Mphasis BFL net declines
CHENNAI: Mphasis BFL has reported a lower net profit of Rs. 33.70 crore for the quarter ended June 30, 2005 against Rs. 35.28 crore in the quarter ended June 30, 2004. Revenue has risen to Rs. 219.71 crore from Rs. 175.78 crore. The operating ...
Hurix Systems to expand Chennai operations
CHENNAI: Hurix Systems, a Mumbai-based provider of knowledge-based solutions, will expand its Chennai operations and recruit about 150 people by the year-end. Addressing a press conference here, Subrat Mohanty, Chief Executive Officer of Hurix ...
New Holland Tractors finance scheme
CHENNAI: New Holland Tractors (India), part of CNH Global N.V., on Tuesday announced its strategic tie-up with Trichur headquartered Dhanalakshmi Bank to offer attractive tractor retail finance through branches of Dhanalakshmi Bank in Kerala, ...
Appointed MD of Empee Hotels
CHENNAI: Empee group, which has interests in sugar, distilleries and hotels, has announced the appointment of Nisha Purushothaman as the Managing Director of Empee Hotels. She joined the Empee group in 1999 as Joint Managing Director of Empee ...
Opus Software expands
CHENNAI: The Pune-based Opus Software Solutions has signed up with Gemawidia Solusi Komputer (GSK) to enter the Indonesian banking market. The Indonesian company offers value added services to financial institutions, utility companies and ...
AppLabs Tech opens office in London
HYDERABAD: AppLabs Technologies has opened an office in the U.K. to meet the growing demand for software-testing and development in Europe. Dominic Leslie, a veteran of the IT industry with 20 years of sales and management experience, will manage ...
US FDA tentative nod for Aurobindo tablets
HYDERABAD: Aurobindo Pharma has received tentative approval from the U.S. Food and Drug Administration for lamivudine and zidovudine, 150 mg and 300 mg combination tablets. Lamivudine and Zidovudine are in the class of drugs which help keep ...
NICB acquires Ocimum software
HYDERABAD: A software developed by Ocimum Biosolutions has been acquired by the National Institute for Cellular Biotechnology, Dublin City University. A company release said that Biotracker was a multi-platform good laboratory practices (GLP) ...
Kurlon offer new range of products
BANGALORE: Venturing into home furnishings, Kurlon on Friday announced the launch of Kurlon curtains, upholstery, bed linen and bath linens. The Chairman, Kurlon, Sudhakar Pai, said "Kurlon is an iconoic brand known not only for their superior ...
Serena Software launches new product
BANGALORE: Serena Software Inc., solely focused on managing change in the IT environment, on Tuesday announced Serena ProcessView Composer, an innovative new product that allows business processes and application requirements to be visualised, ...
SiNett teams with SafeNet
BANGALORE: SiNett Corporation, developer of groundbreaking silicon and software for next-generation network infrastructures, on Tuesday announced a collaboration with SafeNet, Inc., an information security company, to create a reference platform ...
Xentis Group bags ISO certification
BANGALORE: The city based Xentis Group of companies, manufacturers of desktops and laptops, has been awarded ISO 14001:2004 certification by International Certification Ltd. The certification covers manufacturing and supply of computers and ...
JRG opens regional office at Mysore
KOCHI: JRG Securities Ltd., the Kochi-based brokerage house, has opened its third regional office at Mysore. The company, active in stock broking, commodity broking and insurance sector, has 300 branches said Regi Jacob, Managing Director, in a ...
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