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Thursday, December 08, 2005

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Microsoft to invest $1.7 b
Bill Gates views India as a potentially huge market

Growing beyond borders in IT
CHENNAI: Economic growth will come through jobs and revenue from companies that are building businesses around commercial software, feels Bill Gates, founder of Microsoft. In an e-mail interview to The Hindu , Mr. Gates said free software ...

NTPC to enforce deal with Reliance
NEW DELHI: The Central Government on Wednesday informed the Rajya Sabha that the National Thermal Power Corporation (NTPC) was taking legal recourse to enforce the gas supply contract with Reliance Industries Limited (RIL) since agreeing to the ...

`Dunlop Chennai unit to re-start in 5 months'
Maintenance work to begin in 20-25 days, says Ruia

Other Stories


ICICI Bank issue price at Rs. 525 per share
MUMBAI: ICICI Bank on Wednesday fixed the issue price of its Rs. 5,000 crore domestic offer at Rs. 525 per share. It also fixed the issue price of its American Depository Shares (ADS) at $26.75 per ADS, translating into a premium of about 18 per ...

Tulip IT Services fixes price band
NEW DELHI: Wireless-based connectivity solutions provider Tulip IT Services on Wednesday fixed a price band of Rs. 100-120 for its initial public offer of 90 lakh shares which opens on December 9 for raising about Rs. 100 crore to fund its ...

Maruti to hike prices
CHENNAI: Maruti Udyog Ltd. (MUL) has decided to hike prices across all its models. The price increase will come into force from January. Dealer sources said MUL had already informed them about the impending price increase. The increase could be ...

Gold rises to new record
NEW YORK: Gold prices rose on Wednesday on fund buying, hitting a fresh 22-year high. In early trading on the New York Mercantile Exchange, December gold futures, or spot gold, rose $3.90 to $514.10, up from the Tuesday settlement of $510.20. ...

South Korean regulators fine Microsoft
SEOUL: South Korean regulators ruled on Wednesday that U.S. software giant Microsoft abused its market dominance and violated fair trade rules, fining the firm 33 billion won ($32 million). Microsoft was also ordered to remove parts of bundled ...

Teledata acquires two overseas companies
CHENNAI: Teledata Informatics, engaged in providing e-Governance and ERP solutions with operations in 15 countries, has announced the acquisition of Daan Consulting of the U.S and NetSol Technologies of Thailand. The company has also acquired ...

Telelogic's second facility in Bangalore
BANGALORE: Telelogic, a provider of solutions for automating and supporting practices across the enterprise, on Wednesday opened its second facility in Bangalore. Telelogic Chief Operator, Scott Ruskin, told reporters here that the new facility ...

BHEL selects Cisco solution
MUMBAI: Cisco Systems, a global leader in networking for the Internet, has announced that it has been selected as the infrastructure provider for Bharat Heavy Electricals' campus wide connectivity project in Tiruchi. BHEL has invested nearly Rs. ...

Ybrant five-year joint venture with Hula Direct
HYDERABAD: Ybrant Technologies (India) Ltd., a leading outsourced eMarketing solutions provider, founded by Suresh Reddy, has entered into a five-year joint venture with Hula Direct, a U.S.-based eMarketing and technology company. As part of the ...

Sangam India bags orders worth Rs. 68 cr.
MUMBAI: Sangam (India ), a leading polyester-viscose dyed yarn manufacturer, has bagged orders worth Rs. 68 crore from large domestic and international companies. These orders are to be executed by January 2006. Sangam (India) is also increasing ...

Salakorn India sets up tube ice plant
CHENNAI: Salakorn India, a subsidiary of Salakorn (Asia) Pte. Ltd. of Malaysia, has announced the establishment of a tube ice plant on the outskirts of Chennai. Addressing presspersons here on Wednesday, S. Chelliah, Executive Director, Salakorn ...

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