Comverse, a supplier of software and systems enabling network-based billing and VAS, has made announcement that Bharti Airtel, India’s largest cellular provider, has deployed its SMS Router network in order to maximize network performance, handle speedily increasing SMS text messaging traffic and enable introduction of unmatched SMS-related services.
Bharti, which presently has over 80 million subscribers, said that Comverse SMS Router solution will help it to raise the effectiveness of their subsisting SMS infrastructure and improve service availability.
IT solutions provider NIIT Technologies posted 51.58 per cent decline in net profit for third quarter ended December 31. Its net profit currently stands at Rs 16.8 crore as compared to Rs 34.7 crore for the same quarter last year.
Tight financial conditions and Forex losses due to fluctuations in Dollar and Pound prices impacted its business leading to decline in net profit during the reporting period. The Joint Managing Director and CEO of NIIT Technologies, Arvind Thakur said, "With major economies moving into recession, our immediate focus has been securing future business with our top clients."
NIIT Technologies has announced the results for the three month period ended December 31, 2008.
During its third quarter, the IT services firm has posted a fall of 52% in its consolidated net profit, which stood at Rs 168 million as against Rs 347 million during the corresponding period of the last year.
The company said the decline in net profit was mainly because of currency fluctuations, the dollar’s appreciation against the Indian currency and the weakening of the pound, which shaved Rs 32.8 crore off its net profit.
New York, Jan. 15 : Apple founder and chief executive Steve Jobs is to step down from his front-line role at the consumer technology giant for five months because of health-related problems.
According to the Telegraph, Jobs, 53, fought off pancreatic cancer five years ago.
His decision to lay himself off for five months is likely to rekindle speculation about his likely successor, the paper added.
By the end of this month, Shortcovers hopes to be turning iPhones into electronic books, which would be done via the launch of a mini-application that allows the users to read books, short stories or other written works on Apple-made smart phones in a direct challenge to electronic book devices sold by Amazon and Sony.
Following when Shortcovers clears Apple's vetting process and makes it to the virtual shelves of iTunes online App Store, Shortcovers software will be available for free download.