Geodesic Information Systems is planning to acquire 76% stake in Clangula IT AB of Sweden. According to a release issued by Geodesic Information Systems to the BSE today, the board of directors

Geodesic to buy 76% stake in Swedish firm

Business Standard

GSM-based cellular operators, led by Bharti, added about two million more subscribers in September taking total users past the 50-million milestone. Cellular firms added 1.95 million

Cell user base zooms past 5cr

Press Trust of India

The board of directors of Cranes Software, which met today, approved a proposal to issue 12 lakh shares of Rs 10 each at a premium of Rs 890 per share on preferential basis. This was announced in a

Cranes Software to raise Rs 108cr via pref issue

Infosys Technologies today reported a 36% increase in consolidated net profit at Rs 606 crore for the second quarter ended September 30, 2005 as compared to Rs 447 crore in Q2FY05.


Infosys Q2 YoY net up 36%

Tata Consultancy Services (TCS) today reported a 20.69% increase in consolidated net profit at Rs 693.71 crore for the quarter ended September 30, 2005 as against Rs 574.76 crore in Q2FY05.


TCS Q2 YoY net up  21%

Mphasis BFL today reported a 27.45% increase in consolidated net profit at Rs 40.16 crore for the quarter ended September 30, 2005 as against Rs 31.51 crore in Q2FY05. According to a release

Mphasis Q2 YoY net up 27%

Mastek today reported a 23.51% increase in consolidated net profit at Rs 15.02 crore for the first quarter ended September 30, 2005 as against Rs 12.16 crore in Q1FY05. According to a release

Mastek Q1 net up 23%

The board of directors of GTL, which met today, approved a proposal for sale and transfer of infrastructure and related business &amp; assets to a wholly-owned subsidiary, GTL Infrastructure (GIL),

GTL board nod for transfer of infra assets to GIL

Your job is at risk if it's the type that can be done over a wire, says Nandan M. Nilekani, CEO, president and managing director of Infosys Technologies. Nilekani, in a interview published on

You can't say "stop, don't come": Nilekani

Tata Consultancy Services Ltd (TCS) will set up a new subsidiary company based in Peterborough, which will take over the business of the UK-based Pearl Group. According to a release issued by

TCS to float new firm, absorb 950 staff of Pearl

Wipro Infotech announced on Thursday it had signed an agreement to acquire the West Asia and SAARC operations of 3D Networks and Planet PSG in an all-cash deal.&nbsp; The agreement includes an

Wipro buys 3D Networks for $73 mn

Sunil Bharti Mittal-promoted Bharti Airtel today reported a 79% rise in net profit to Rs 934 crore for the quarter ended September 30, 2006, and said that it had connected 41.1 lakh subscribers in

Bharti Q2 net zooms 79% to Rs 934cr

Bharti Airtel has signed an estimated $400 million contract with Nokia to expand its networks in&nbsp;8 Airtel circles and deploy WAP solutions across its pan-India networks. As per the three

Bharti Airtel inks $400mn network deal with Nokia

IT major Wipro today said it will partner with Oracle to offer an IT solution for industries to reduce fraud-related losses.

Wipro, Oracle to offer IT solution to reduce fraud losses

State-owned Bharat Sanchar Nigam (BSNL) today said it has signed an agreement with public sector firm RailTel to execute various telecom-related projects through sharing of communications infrastructure.

BSNL, RailTel in pact to share infrastructure

Infosys and Wipro are planning to use organically-grown vegetables in their canteens pretty soon. Both companies are in talks with a Bangalore-based non-governmental organisation, International Competence Centre for Organic Agriculture (ICCOA), for the supply of organically-grown vegetables to their canteens.

Infosys, Wipro to offer organic veggies for staff

As Ahmedabad-based Sai InfoSystem Ltd (SIS) establishes itself as one of the leading ICT players from the western region, it is looking to focus on new verticals. While the company's growth in the last decade was driven by IT products and IT retail verticals, according to Sunil Kakkad, chairman and managing director, SIS, the company will now also focus on the IT-based telecom vertical.

Telecom to be the next driver for Sai Info

Infosys&rsquo; chairman and chief mentor Narayana Murthy today said the company was open to a foreigner becoming his successor.

Infosys open to foreigner as chairman: Murthy

Sanjay Kalra, the man who until last week was at the helm of affairs at one of the country&rsquo;s biggest information technology service companies, Tech Mahindra, said he was &ldquo;unemployed now&rdquo;.

TechM ex-CEO may announce next move in 10 days

Even before the official process of integration of Tech Mahindra and Mahindra Satyam has commenced, execution of projects is being shared between the two companies, according to highly-placed sources.

TechM, Satyam jointly executing projects

Mark Hurd, who last month stepped down as Hewlett-Packard Co&rsquo;s chief executive officer, is in talks to join Oracle Corp as a &ldquo;top executive&rdquo;, the Wall Street Journal reported, citing unidentified people familiar with the matter.

'Mark Hurd in talks to join Oracle'

Tech News: Latest Techn news & updates on Smart Watches, Gaming Console, iOS updates with launch date and price straight from Business Standard.com.

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