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Reliance Big TV targets DTH VAS revenue of Rs 100 cr in 5 yrs
Reliance Big TV (RBTV), the direct-to-home (DTH) arm of Reliance Communications targets DTH value-added services (VAS) revenues of Rs 100-crore in the next 5 years period, a top company official said.

State's cotton crop likely to rise 15%
Despite recent floods in northern districts and subsequent damage to the standing crops, Karnataka, the sixth largest producer of cotton in the country, is likely to increase its cotton output this year by around 15 per cent to a little over one million bales (1 bale = 170 kgs). The state, which produced 900,000 bales of cotton from 390,000 hectares in 2008-09, had earlier set a target of 25 per cent growth in cotton output and 21 per cent increase in area under cultivation at 490,000 hectares.

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Kargil scam: CBI files fresh status report in SC
CBI has filed a fresh status report before the Supreme Court into alleged irregularities in defence deals, which caused a loss of around Rs 2,000 crore to the state exchequer, entered into in the wake of the 1999 Kargil conflict.
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Polaris Software net up 2% at Rs 35 cr

IT services and solutions provider Polaris Software Lab today said its consolidated profit after tax rose by 2.23 per cent to Rs 35.19 crore for the quarter ended September 30. - Passport Seva Project progressing well, says TCS - Polaris Software to buy Laser Soft for Rs 52 cr - Mahindra Satyam forms global alliance with Vision Solutions - Tech Mahindra"s Chandigarh unit commences BPO operations - 3i Infotech appoints Som Sarma as Global IT services head - "Niche players like us are getting recognised" Income from software services, products and business process management declined to Rs 338.30 crore in the latest quarter, from Rs 351.14 crore in the same period last fiscal, the company said in a filing to the Bombay Stock Exchange (BSE). On the standalone basis, the company posted profit after tax of Rs 27.59 crore in the latest quarter, down 7.91 per cent from Rs 29.96 crore in the same period previous fiscal. Shares of Polaris Software Lab were trading at Rs 149.85 on the BSE, up 1.25 per cent from previous close.


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