Low-base effect to kick in, but higher raw material prices could spoil the show.
Only 13 have seen a turnaround while 17 have been in the red in this quarter as well as the corresponding quarter of last year.
India Inc's order book has more than doubled to an all-time high of Rs 73,320 crore in the second quarter of the current financial year, compared to the first quarter.
Mobile applications will now take centre-stage as Bharti Airtel grows its business.
But government's draft National Policy for Electronic Accessibility offers some hope.
The slowdown in capital expansion is clearly seen in the current financial year. Large sectors such as cement, metal, oil and gas, power and telecom have provided negligible funds in the first quarter for their capex plans.
China has the world's largest online community with over 300 million users, many of who are believed to suffer from excessive use of chat rooms and online gaming.
They also siphon money through 'work@home' schemes.
With innovative digital technology and powerful solutions, IBM is also ensuring that food is traced properly as it passes though an increasingly complex global supply chain.
The 15 IT companies that have declared results so far together clocked 8.4 per cent growth in revenue, the slowest since 2001, largely due to a poor show from Wipro, Tech Mahindra and Polaris Software. But Infosys Technologies and TCS excel, with double-digit growth in year-on-year revenue from software exports.
Ram Shriram, founding investor and board member of Google, thinks the Indian government should focus on better Internet access to create a conducive business environment.
Google has launched a free voice-based mobile internet search facility in India that has been built entirely by the internet search giant's India engineering team. Currently available only to the estimated 400,000 Blackberry cellphone users, the company hopes to extend this facility to other handsets by the end of the year.
It stands for technology that helps an organisation to place its applications and data on the Internet.
In absolute terms, capex spending has risen by Rs 228,000 crore (Rs 2,280 billion), despite declining profits and a 37 per cent decline in fund flow from financial markets in 2008-09. The capital-intensive sectors of India Inc do not find the current environment a deterrent to push ongoing expansion and so they continue with capex plans. The study looks at 323 listed companies whose capex spending data for 2008-09 is available.
IT majors like IBM, Sun Microsystems and Red Hat have shot letters to industry bodies -- Nasscom (for software) and MAIT (for hardware) -- and the department of information technology, protesting over the inclusion of clauses which allow for 'multiple standards' and 'royalty on software' versus a 'single' standard and 'free' software.
Tech Mahindra considered a couple of options -- keep the Satyam name or replace it entirely. But research said Satyam still reflected critical strengths that were recognised and valued by customers. "By combining it with the well-known and highly-regarded Mahindra name, we are able to convey a stronger message more credibly: that Mahindra Satyam has the resources, talent and resolve to ensure a steady performance," says T Hari, its the marketing and communications head.
The IT Amendment Act, 2008, if notified, will give the government blanket power to block news portals and other sites for 'offensive' content.
The Airtel Net PC is a plug-and-play online computer, inclusive of a 15-inch LCD monitor, keyboard, mouse and Nivio companion (which enables the PC to connect to a backend Linux-run server for storage and applications) and priced at Rs 7,999 exclusively for Airtel broadband customers.
Market regulator Securities and Exchange Board of India (Sebi) is understood to be contemplating legal action against P S Saminathan, managing director and one of the promoters of Pyramid Saimira Theatre (PSTL), and Nirmal N Kotecha, another promoter of the company.
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