Business Line articles from February 2009

Business Line archives from February 2009

INFO-TECH: Matrimony portal, Idea in pact.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Chennai, Feb. 27 - BharatMatrimony.com, a matrimony portal with over 15 million registered members, has partnered with Idea Cellular, a mobile operator with over 40 million subscribers, to launch...

INFO-TECH: 'Product development cos freezing salaries'.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Bangalore, Feb. 27 - A study of 30 software product development companies across Bangalore, Pune and Chennai has found that 27 per cent of the organisations had announced a salary freeze across the board....

INFO-TECH: Robert Bosch Engg offers to work with colleges.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Coimbatore, Feb. 27 - Unless Coimbatore plans for providing social and cultural infrastructure to attract techies from outside, it would lose out to competition, said Mr F. Pickhard, Managing Director &...

INFO-TECH: Huawei, Telsima lowest bidders for BSNL's WiMax deal.
February 28, 2009... from BUSINESS LINE, February 28, 2009 New Delhi, Feb. 27 - Chinese telecom gear manufacturer Huawei and US-based Telsima have emerged as the front runners to bag a contract from Bharat Sanchar Nigam Ltd for deploying WiMax-based high speed...

INFO-TECH: Tech Mahindra expands portfolio.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Bangalore, Feb. 27 - Tech Mahindra Ltd, provider of IT services to the telecom sector, has expanded its offerings, a move that the company hopes would provide a differentiated edge. The company has...

INFO-TECH: MphasiS posts 270% rise in Q1 net.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Bangalore, Feb. 27 - MphasiS Ltd, an EDS company, reported a 270. 4 per cent increase in net profit for the first quarter ended January 31, 2008, while revenue grew 58.1 per cent. For the period, net...

INFO-TECH: India in talks with US for clarity on outsourcing.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Bangalore, Feb.27 - Mr Kris Gopalakrishnan, CEO & Managing Director of Infosys Technologies, on Friday said that the US President, Mr Barrak Obama's announcement on curtailing outsourcing to other...

MARKETING: Kiran Bedi to promote Nomarks.
February 28, 2009... from BUSINESS LINE, February 28, 2009 New Dlehi, Feb. 27 - Ozone Ayurvedics has launched a new, enhanced range of its flagship brand Nomarks that is enriched with organic extracts. The range of anti-marks cream, targeted at different skin and...

MARKETING: Pepsi plans Mirinda drive in TN this summer.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Coimbatore, Feb. 27 - Mirinda, the orange-flavoured drink from the Pepsico India stable, plans to strengthen its dominance in Tamil Nadu. The drink, according to Pepsico India sources, is a market leader,...

MARKETING: Govt hikes ad rates for media by 10%.
February 28, 2009... from BUSINESS LINE, February 28, 2009 New Delhi, Feb. 27 - The Government has cleared the proposal to raise by 10 per cent the rates of Government advertisements to the media. It is also exempting the 15 per cent commission that the...

MARKETING: Goafest to define ad industry role in managing slowdown.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Mumbai, Feb. 27 - Goafest, possibly the second largest advertising festival after Cannes, promises to be a celebration of creativity and a gathering for learning and knowledge-sharing like never before....

MARKETING: Splash decides to ride on Lifestyle chain to cut costs.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Bangalore, Feb. 27 - Fashion apparel retailer Splash, part of the Dubai- based Landmark Group, will look at opening smaller boutique stores within the Lifestyle chain of stores, given the current market...

BANKING/FINANCE: HDFC Standard Life to grow health portfolio.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Chennai, Feb. 27 - HDFC Standard Life Insurance expects its nascent health portfolio to contribute to about a third of its total premium income by 2010-11. The company has so far garnered a premium income...

BANKING/FINANCE: Muted credit offtake adds to liquidity overhang.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Bangalore, Feb. 27 - Credit offtake has slumped leading to worsening of liquidity overhang in the banking system. Most banks are witnessing very low credit-deposit ratio on an incremental basis. The...

BANKING/FINANCE: Avoid mis-selling of policies, insurance cos told.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Hyderabad, Feb. 27 - The insurance companies should provide proper understanding of the product at the time of selling a policy to avoid mis- selling, according to Mr J. Hari Narayan, Chairman, Insurance...

BANKING/FINANCE: Forex reserves decline by $165 million.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Mumbai, Feb. 27 - India's foreign exchange reserves declined by $165 million in the week ended February 20. As on this date, the reserves, as per the Reserve Bank of India's Weekly Statistical...

BANKING/FINANCE: Call rate unchanged.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Mumbai, Feb. 27 - The inter-bank call rate closed at 4-4.10 per cent, same as the previous day's close. In the three-day repo auction under the first liquidity adjustment facility (LAF), there was one bid...

BANKING/FINANCE: Banks told to pass on benefits of repo cuts to borrowers.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Mumbai, Feb. 27 - Banks should give relief to borrowers and pass on the full benefit of the cuts in repo rates carried out by the Reserve Bank of India so far. In a meeting with some bank chiefs here...

OPINION: Try something else.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Protecting customer choice is the most important mandate of any regulator, and it is a task that the Telecom Regulatory Authority of India (TRAI) has taken all too seriously as it outlined this week...

OPINION: Centre's stimulus, RBI's headache?
February 28, 2009... from BUSINESS LINE, February 28, 2009 After repeated announcements since January when the second stimulus plan was unveiled that there would be no more relief measures, key policymakers have suddenly discovered a rich lode of opportunity...

OPINION: Challenges before governments.
February 28, 2009... from BUSINESS LINE, February 28, 2009 From time to time in human history there occur events of seismic significance, when one orthodoxy is overthrown and another takes its place. Today, the scale of the global financial crisis demands that we...

OPINION: Hike in DA.
February 28, 2009... from BUSINESS LINE, February 28, 2009 The 6 percentage point hike in Dearness Allowance of Central Government employees is a needless move that will cost the exchequer a whopping Rs 6,000 crore at this time of fiscal deficit. This brings the...

OPINION: Perseverance pays.
February 28, 2009... from BUSINESS LINE, February 28, 2009 The article 'Fruits of hard labour' (Business Line, February 23), pertaining to the story of Mr Vishwasrao Kachare, encapsulates the dictum "Perseverance pays" and the philosophy "Do your duty and leave...

TAXATION: Get cracking on evaders.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Before the presentation of the Interim Budget, there was eager anticipation that direct tax stimuli would be provided because of the troubles facing India Inc.. Surprisingly, apart from higher deprecation...

TAXATION: Jingle sounds death knell.
February 28, 2009... from BUSINESS LINE, February 28, 2009 The US is perhaps the only country to protect a borrower from personal liability for the amount he owes to the lender, a feature known as non- recourse borrowing. A mortgage finance company in the event...

TAXATION: Education in 'commercial' sweep.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Vide Notification No. 7/2003 dated June 20, 2003, service tax has been imposed on "commercial training or coaching centre", which phrase has been defined in Section 65(27) of the Finance Act, 1994. To...

TAXATION: Tax on loan waived.
February 28, 2009... from BUSINESS LINE, February 28, 2009 When an expenditure payable is waived subsequently, resulting in refund or benefit to the assessee, it is taxable as income. The expenditure might have been paid out and hence refunded or the expenditure...

TAXATION: New life to book losses.
February 28, 2009... from BUSINESS LINE, February 28, 2009 The slowdown, it seems is all engulfing. Even as the signs of economic slowdown are evident across sectors, a few companies are launching a spirited counteroffensive by resorting to a slew of initiatives,...

MARKET WATCH: Boosters for gem and jewellery would have marginal.
February 28, 2009... from BUSINESS LINE, February 28, 2009impact Mumbai, Feb. 27 - The sops for the gem and jewellery sector announced on Thursday would have a marginal impact on the ailing industry, said marketmen. For the import of precious metals, STCL,...

MARKET WATCH: Study poser on corporate accounts.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Kolkata, Feb. 27 - Has India Inc been depressing adjustments such as interest payable, interest income, other expenses or income to show more profits over the past few years? A recent study of 2,637...

MARKET WATCH: India fares better than developed markets.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Mumbai, Feb. 27 - Indian equity indices have fared better than their counterparts in developed countries in the past month. However, they have not done as well as the other BRIC nations, which have logged...

MARKET WATCH: Delay in implementing SEBI rule on unbundling of PMS.
February 28, 2009... from BUSINESS LINE, February 28, 2009pool accounts Mumbai, Feb. 27 - SEBI's directive to portfolio management service (PMS) managers to handle individual investor accounts separately, against the current practice of operating the funds in...

MARKETING: Online advertising set to grow 300%: E&Y.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Chennai, Feb 27 - No matter how small the base, an industry that grows 300 per cent in these times of economic slowdown is truly an outlier. Online video advertising in India is set to grow at 300 per...

NEWS: Kerala to withdraw thermal power surcharge.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Thiruvananthapuram, Feb 27 - The thermal power surcharge now being levied in Kerala is to be withdrawn in the light of the fall in the fuel prices, including that of naphtha. The thermal surcharge...

LOGISTICS: Flying from Mumbai to cost more from April 1.
February 28, 2009... from BUSINESS LINE, February 28, 2009 New Delhi, Feb 27 - Passengers flying from Mumbai will have to pay more from April 1 this year. This follows the Government accepting a proposal from Mumbai International Airport Ltd (MIAL) to levy a...

NEWS: Cabinet to approve nuclear park sites soon: Chavan.
February 28, 2009... from BUSINESS LINE, February 28, 2009 New Delhi, Feb 27 - The Centre is slated to announce a final list of sites for setting up imported light water reactor-based nuclear power parks shortly. "The site selection committee has selected...

CORPORATE: Emami to invest Rs 2,200 cr in Bengal paper plant.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Kolkata, Feb. 27 - The Rs 2,000-crore Emami Group is planning to invest Rs 2,200 crore for setting up a high-end writing and printing paper manufacturing plant at Kultikri in West Midnapore district of...

NEWS: Kerala's Idukki to get Rs 120-cr sop for pepper replantation programme.
February 28, 2009... from BUSINESS LINE, February 28, 2009 New Delhi, Feb 27 - The Agriculture Ministry has approved the initiative of the Department of Commerce for a Rs 240-crore replanting and rejuvenation programme for pepper in the Idukki district of Kerala...

LOGISTICS: MMTC, Sical sign pact for iron ore loading terminal project.
February 28, 2009... from BUSINESS LINE, February 28, 2009 New Delhi, Feb 27 - MMTC Ltd has signed a formal shareholders' agreement with Sical Logistics Ltd and L&T Infrastructure Development Projects Ltd for setting up a permanent iron ore loading terminal...

AGRI-BUSINESS: Early onset of summer hits tea arrivals at Kochi.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Kochi Feb. 27 - The early onset of summer this year and absence of late- winter showers have reduced arrivals to the Kochi tea auction. If there are no showers in the coming weeks, the new flush of leaves...

AGRI-BUSINESS: UP sugar mills operate below production costs.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Mumbai, Feb 27 - Despite the recent rise in prices, sugar companies in Uttar Pradesh still operate below cost of production, particularly due to the high cane prices. While the current ex-factory...

AGRI-BUSINESS: Showers likely for South from March 2nd week.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Thiruvananthapuram, Feb 27 - International weather models see summer showers wading their way into south extreme peninsula from the second week of March as convective activity advances in from the east...

AGRI-BUSINESS: Excess supply turns things sour for grape farmers.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Pune, Feb. 27 - There seems to be more trouble than wine brewing in Maharashtra's wine hinterland, as supply of varietal wine grapes this season is in far excess of demand, sparking fears that over 30 per...

AGRI-BUSINESS: India claims to be top cashew exporter.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Kochi, Feb 27 - Cashew export figures emanating from Vietnam, quoting its Government and other sources, give the impression that it is the top exporter of cashew kernel in the world. But Indian...

AGRI-BUSINESS: Spot rubber rules steady.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Kottayam, Feb. 27 - The physical rubber prices showed a steady mood on Friday. The market activities were dull as there were practically no quantity buyers or sellers in the main trading centres to set...

AGRI-BUSINESS: Lacking support.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Dearer soya oil: Fully blossomed sunflowers at a field in Gara mandal in Srikakulam district. Sunflower seeds are currently quoted at Rs 22,000 a tonne against the minimum support price of Rs 22,150 fixed...

FRONT PAGE: Markets this week.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Following a holiday on Monday on account of Maha Shivrathri, the Indian stock markets opened on Tuesday with a negative bias. The overnight slump in US markets followed by weak Asian and European market...

STATES: Disability manual for corporates launched.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Bangalore, Feb. 27 - Former India Test Cricket captain Anil Kumble underlined the importance of inclusiveness of all stakeholders through humanistic approach to overcome any challenges in the society. ...

STATES: W Rly records 27% growth in freight earnings.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Mumbai, Feb. 27 - Western Railway recorded a 27 per cent increase in freight earnings to Rs 3,493.2 crore till January 2009 against Rs 2,750.47 crore during same period last year. The loading also grew by...

STATES: Bombardier Movia.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Copyright 2009 Business Line

STATES: Software Paradigms opens centre in Mangalore.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Mangalore, Feb. 27 - The Mysore-based Software Paradigms Infotech (SPI) Pvt Ltd has opened its new IT development and BPO centre in Mangalore. Addressing presspersons here on Friday, Mr V. Madhukar,...

STATES: Eveready sees alternative lighting driving growth this year.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Bangalore, Feb. 27 - With new products in the battery segment and entry into the alternative lighting solutions segment, Eveready Industries looks at a 45 per cent year-on-year growth in the next...

STATES: Reliance Money to launch gold accumulation plan in March.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Hyderabad, Feb. 27 - Reliance Money, India Post and World Gold Council (WGC) are together set to launch Gold Accumulation Plan (GAP) next month. According to Mr Sudip Bandyopadhyay, Chief Executive...

STATES: GMR-HIAL, Malaysian co to set up MRO facility.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Hyderabad, Feb. 27 - The GMR group has signed an agreement with Malaysian Airlines to set up a Rs 400-crore Maintenance, Repair and Overhaul (MRO) facility at the Aerospace Park near the Rajiv Gandhi...

STATES: IT sector to grow at 15-20%: Infosys.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Ahmedabad, Feb. 27 - The IT industry is expected to grow at the rate of 15- 20 per cent, said Mr N.R. Narayana Murthy, Chief Mentor, Infosys, at the Chameli Devi Institute of Technology and Management,...

STATES: Amar Chitra Katha, Vodafone Essar tie up.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Ahmedabad, Feb. 27 - Vodafone Essar, in association with ACK Media, has launched the classic comic series Amar Chitra Katha. The services of the portal will be offered to customers through a voice...

STATES: Karnataka is still hiring.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Bangalore, Feb. 27 - People may be losing jobs thick and fast all over the country, but there is no evidence of any let-up in hiring in Karnataka. Apparel companies supplying to the domestic market,...

STATES: Centre agrees to 30-km sea bridge off Bengal coast.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Kolkata, Feb. 27 - The Union Government has in principle agreed to the proposal for construction of a 30-km bridge across the sea as a pre- requisite for the proposed deep-sea port off West Bengal coast....

STATES: Ambattur auto cos press ahead with capex plans.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Chennai, Feb. 27 - Slowdown notwithstanding, as many as 30 companies in the Ambattur industrial estate in Chennai have submitted project proposals involving a capital expenditure of $70 million (Rs 350...

STATES: CII Madurai Zone chairman.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Madurai: Mr Bharath K.S. has been elected as the new Chairman and Dr. Aravind Srinivasan as Vice-Chairman of Confederation of Indian Industry, Madurai. Our Correspondent Copyright 2009 Business Line

STATES: Ideas for poverty-free TN.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Chennai, Feb. 27 - The Confederation of Indian Industry has identified six "transformation ideas" for Tamil Nadu to become a poverty-free State by 2010, according to Mr Manikam Ramaswami, Chairman, CII...

STATES: ITEL studying ways to improve toll revenues.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Chennai, Feb. 27 - IT Expressway Ltd (ITEL), that operates Old Mahabalipuram Road expressway along the IT corridor, is exploring various possibilities to increase its toll revenues and also revenue from...

FRONT PAGE: Reliance moves to merge Petroleum with itself.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Mumbai, Feb. 27 - It was not entirely unexpected from Mr Mukesh Ambani, but its timing took the investment world unawares. Soon after the close of market hours on Friday, Reliance Industries and its...

FRONT PAGE: Slowdown hurts Q3 GDP growth.
February 28, 2009... from BUSINESS LINE, February 28, 2009 New Delhi, Feb. 27 - The country's gross domestic product (GDP) expanded by 5.3 per cent in October-December 2008, the slowest in any quarter in the UPA regime and in almost the last six years. In the...

FRONT PAGE: Rupee slips to record low of 51.15.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Mumbai, Feb. 27 - The rupee closed at a life-time low of 51.15 to the dollar on Friday on account of heavy month-end demand for the greenback, weak GDP numbers, and diminishing dollar supply. It has...

CORPORATE: GMR Group looking at coastal sites for power plants.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Hyderabad, Feb. 27 - GMR Group, which has completed two major acquisitions of coalfields in Indonesia and South Africa recently, is on the lookout for possible sites in Gujarat, Maharashtra, Andhra...

CORPORATE: Tata Steel consolidated Q3 net profit down 68%.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Mumbai, Feb 27 - Hit by the 40 per cent cut in production in Europe, Tata Steel has reported a 68 per cent drop in the consolidated net profit at Rs 732 crore (Rs 1,402 crore) for the third quarter of the...

CORPORATE: PGCIL board clears grid project.
February 28, 2009... from BUSINESS LINE, February 28, 2009 New Delhi, Feb 27 - Power Grid Corporation of India Ltd (PGCIL) said on Friday its board had approved investments in three transmission projects. The state-run power transmission company's Board approved...

CORPORATE: Abhishek Ind paper project.
February 28, 2009... from BUSINESS LINE, February 28, 2009 New Delhi, Feb 27 - Abhishek Industries Ltd, a part of the Trident Group, has said its is investing Rs 825 crore on an integrated pulp and paper project. The company, which launched two branded copier...

CORPORATE: Malvika Steel being rebuilt.
February 28, 2009... from BUSINESS LINE, February 28, 2009 New Delhi, Feb. 27 - The erstwhile Malvika Steel at Jagdishpur Industrial Area, Uttar Pradesh, shut for 10 years will be rebuilt and operational in two years. Construction on the project launched by the...

CORPORATE: L&T appoints investment bankers for Satyam.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Mumbai, Feb. 27 - Larsen & Toubro is believed to have appointed investment bankers Citigroup and Nomura to advise a possible deal with the scam-tainted Satyam Computer Services. L&T holds 12 per cent...

CORPORATE: HMSI to position its 100 cc bike in a sporty and premium.
February 28, 2009... from BUSINESS LINE, February 28, 2009category New Delhi, Feb. 27 - Honda Motorcycles and Scooters India will position its 100 cc bike, set to debut in a years' time, with a more sporty look targeted at premium customers. The wholly owned...

CORPORATE: USFDA action against Ranbaxy based on false drug stability.
February 28, 2009... from BUSINESS LINE, February 28, 2009data New Delhi, Feb. 27 - The action by the US Food and Drug Administration against Ranbaxy, on Wednesday, was triggered after it was found out that the company had given incorrect data to prove drugs are...

CORPORATE: Honda Siel to sell 55,000 units this fiscal.
February 28, 2009... from BUSINESS LINE, February 28, 2009 New Delhi, Feb. 27 - Honda Siel Cars India has said that it will close this financial year selling 55,000 units - half of its production capacity of one lakh at greater Noida. Of this, its entry-level...

CORPORATE: RPL merger inevitable and expected: Experts.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Mumbai/Chennai, Feb. 27 - Reliance Industries' proposal to merge Reliance Petroleum (RPL) with itself is "a move on the expected lines", according to top industry experts tracking the group. The...

CORPORATE: Chevron likely to exit RPL.
February 28, 2009... from BUSINESS LINE, February 28, 2009 New Delhi, Feb. 27 - Chevron Corp, which holds a five per cent stake in Reliance Petroleum Ltd (RPL), is likely to exit the company, say industry sources. This comes in the wake of the merger proposal...

CORPORATE: Maytas Infra: CLB to appoint 4 more directors including.
February 28, 2009... from BUSINESS LINE, February 28, 2009Chairman New Delhi, Feb. 27 - The Company Law Board (CLB) will appoint four more directors including a Chairman on the board of Maytas Infra Ltd. This follows Maytas Infra accepting the CLB suggestion made...

INFO-TECH: Visual effects co selects HP tool.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Bangalore, Feb. 27 - Hewlett-Packard Co said visual effects company Paprikaas has selected HP blade server technology to increase production of computer-generated imagery and drive cost-saving data centre...

INFO-TECH: AOL India MD quits.
February 28, 2009... from BUSINESS LINE, February 28, 2009 Bangalore Feb 27 - The AOL India Managing Director and AOL International Executive Vice-President in Asia, Europe and the Americas, Mr Maneesh Dhir, has put in his papers and is likely to pursue an...

INFO-TECH: TCS puts on notice 130 staff in UK.
February 27, 2009... from BUSINESS LINE, February 27, 2009 Mumbai, Feb. 26 - About 130 employees of Tata Consultancy Services in UK, servicing financial services company Legal & General, could lose their jobs as they have been put on a 90-day consultation period....

INFO-TECH: Powerwave R&D facility in Hyderabad.
February 27, 2009... from BUSINESS LINE, February 27, 2009 Hyderabad, Feb.26 - Powerwave Technologies, a provider of wireless solutions, has set up a research and development facility here to focus on new telecom product design. The US-based Powerwave would...

INFO-TECH: C&K Management, US co tie up.
February 27, 2009... from BUSINESS LINE, February 27, 2009 Hyderabad, Feb. 26 - The US-based consulting firm SilkRoad Technology has tied up with the Hyderabad-based C&K Management to help companies in preserving talent during the time of recession. Mr Brian...

INFO-TECH: DoT wants audit report on RCom in 3 months.
February 27, 2009... from BUSINESS LINE, February 27, 2009 New Delhi, Feb. 26 - The Department of Telecom has asked the special auditors examining the books of Reliance Communication to submit its report within three months. DoT had appointed Jaipur-based...

INFO-TECH: Security concerns over BSNL's 3G network.
February 27, 2009... from BUSINESS LINE, February 27, 2009 New Delhi, Feb. 26 - Security agencies have raised concerns over the third generation mobile services being launched by Bharat Sanchar Nigam Ltd on grounds that the company has not put in place proper...