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Gadgets on wheels
Bikram Dasgupta, chairman and CEO, Globsyn Technologies, traces his love for gadgets back to 1995, when he bought a Nokia 1011, loaded with games and polyphonic ringtones. Little did Dasgupta know that within 14 years, his so-called premium model phone would pale against his Mercedes E Class and custom-fitted laptops.

EdServ Softsystems to raise $25 mn to fund expansion
Education and placement company EdServ Softsystems today said it plans to raise $25 million through Global Depository Receipts or Foreign Currency Convertible Bonds to fund its expansion in the school and online tuition services markets.

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Govt denies ombudsman for telecom sector
The government today ruled out appointing an ombudsman to redress the complaints of poor mobile telephony services, like call drops, saying state-run BSNL and MTNL were taking effective steps to upgrade technology.
Small Business

Rallis India Sep qtr net up 9.9% to Rs 45.71 cr

Tata Group firm Rallis India today reported 9.90 per cent rise in its net profit at Rs 45.71 crore for the quarter ended September 30. - Container Corporation Q2 net dips 8.64% to Rs 204 cr - Banco Products net up 99% at Rs 21-cr - Indusind Bank Q2 net zooms 131% at Rs 77.8 cr - HDFC Bank Q2 net jumps 30% at Rs 687.46 cr - Mid & small-cap firms to see single-digit growth - Geojit BNP Paribas Q2 net zooms 150% Net sales rose to Rs 316.64 crore in the latest quarter, against Rs 279.68 crore in the same period corresponding fiscal, Rallis India said in a filing to the Bombay Stock Exchange. "I am pleased that we have registered healthy top-line and bottom-line growth when business environment has been quite challenging in the domestic as well as international markets, Rallis India MD and CEO V Shankar said. Shares of Rallis India today closed at Rs 982.75 on the BSE, up 0.72 per cent from its previous close


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