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Saturday, July 16, 2005

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Global revenue drives TCS growth: net up 33 p.c.
To merge Tata Infotech with itself; 68 new clients addded

Industry's high hopes from PM's U.S. trip
Key areas of cooperation identified

Satyam's novel solutions lab
Emphasis to graduate from relationships to partnerships Graduation from relationships to partnerships

Late recovery lifts Sensex by 84 points
MUMBAI: Led by Reliance Industries, stocks staged a smart recovery on Friday lifting the Sensex by 84 points at close on the Bombay Stock Exchange on hectic shortcovering coupled with sustained purchases by foreign institutional investors. ...

Other Stories



Barometer


Briefly
Exempted from service tax
NEW DELHI: The Central Government on Friday exempted taxable service provided to any person by an aircraft operator in relation to transport of export goods from service tax. This is consequent to the amendment in Export of Services Rules, 2005, ...

Out-of-court settlement in BPL group
CHENNAI: BPL group patriarch T. P. G. Nambiar on Friday withdrew his petition against his son-in-law and BPL Communications CEO Rajeev Chandrasekhar at the Company Law Board (CLB) here following an out-of-court settlement. The CLB additional ...

Tata Coffee to acquire Tata Tea estates
BANGALORE: Tata Coffee on Friday announced that it had won a bid for acquisition of six estates of Tata Tea in South India for an aggregate consideration of Rs. 55 crore. The bid is for acquiring about 4,300 hectares, with a production of six ...

Bilcare buys U.S. pharma research co.
MUMBAI: Bilcare, a leading pharmaceutical packaging research company, has announced the acquisition of ProClinical Inc. of the U.S. for an undisclosed sum. ProClinical is based in Pennsylvania and it has a USFDA approved facility and is DEA (Drug ...

Asian Dhall Industries gets ISO 9001-2002
SALEM: Asian Dhall Industries Ltd. at Omalur near here has acquired the ISO 9001-2002 certificate for its modern dhal mill. The Managing Director of the company, K. Saravanan, said the mill was the first of its kind in the country to receive the ...

Dr. Reddy's to host Meet the Stars
HYDERABAD: Dr. Reddy's Laboratories will host "Meet the Stars", symposia aimed at creating interface between international oncology opinion leaders and their Indian counterparts. Dr. Reddy's is hosting the event for the second consecutive year ...

Andhra Bank revises deposit rates
HYDERABAD: The Andhra Bank announced revision of interest rates on domestic term deposits of one-year and above categories. The new rates are applicable to all fresh deposits and renewals of existing deposits with effect from Friday. ...

Omnex Inc CEO gets award
CHENNAI: The American Society for Quality (ASQ) automotive division awarded the quality professional of the year award to Chad Kymal, CEO of Omnex Inc. The award recognises individuals in the automotive industry who have made a significant ...

Concerto Software introduces new solution
NEW DELHI: Concerto Software, a leading provider of contact centre solutions to the Indian BPO industry, on Friday announced the introduction of its unified contact centre solution — Concerto Unified Edition — for Sri Lanka's ...

Firstandsecond.com ties up with HECL
NEW DELHI: Firstandsecond.com , India's biggest online bookstore on Friday announced its tie-up with Hughes Escorts Communications Ltd. (HECL), a satellite service provider. Under the tie-up, customers across India would be able to ...

MSTC signs up IBM for e-auction
KOLKATA: MSTC Ltd, India's largest capital goods disposal agency, has signed up with IBM to run its e-auction site. MSTC Chairman-cum-Managing Director, Malay Sengupta, said the IBM infrastructure made the process more transparent, besides ...

FedEx plans to build a new Asia Pacific hub
BANGALORE: FedEx Express has announced plans to build a new Asia Pacific hub at the Guangzhou Baiyun International Airport in Southern China to serve its customers in China and Asia Pacific markets. The hub will stimulate trade to and from the ...

Union Switch bags Indian Railways contract
BANGALORE: Union Switch and Signal has won its second major contract for a train protection warning system (TPWS) from Indian Railways, against competition from European suppliers. The company will implement the contract on the Delhi-Agra line. ...

Harbinger Knowledge releases new tool
BANGALORE: Harbinger Knowledge Products on Friday announced the release of Elicitus Interactivity Builder, the global e-learning industry's first and the only rapid interactivity authoring (RIA) tool. Elicitus Interactivity Builder is based on ...

New Chairman for Assam Oil and Natural Gas
BANGALORE: Assam Oil and Natural Gas Ltd., a subsidiary of Assam Company Ltd., has inducted K. K Jijodia as the Chairman and The Earl of Inchcape (Lord Inchcape) as Director on the board of the company, according to a release. Mr. Jajodia is the ...

Nippon Audiotronix to market SatGuide
HYDERABAD: SatNav Technologies (P) Ltd., an IT products company, has signed up with Nippon Audiotronix, a leader in the in-car electronics segment, for marketing and after sales services of SatGuide, the country's first navigation system ...

New Vice President for Virinchi Technologies
HYDERABAD: Virinchi Technologies, an e-business collaboration solutions provider focusing on B2B space, has appointed Ram Gopal Swamy as Vice President (business development). He will drive all initiatives from Virinchi (U.S.) and be based in ...




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