Zylog Systems Q2 net dips 21%.

Chennai-based software company Zylog Systems posted a 21 per cent dip in its net profit for the second quarter ended Septmeber 30, 2009 to Rs 20.91 crore as against Rs 26.48 crore in the same quarter last year. - Zylog launches VoIP services in Gujarat - Zylog to invest Rs 210 cr on Wi-Fi; aims Rs 550 cr revenue - Zylog plans Rs 500 cr infra spend, eyes Singapore firm - Microsoft keen to partner Unique ID project: Bill Gates - Zylog Systems ties up with Aptilo Networks for back-end services - Zylog lines up Rs 200cr The net income of the company for the quarter rose to Rs 190.95 crore as compared with Rs 180.05 crore in the year-ago period.

Tata Power in position to add 30,000 more consumers by March.

Tata Power Company today said it will be able to supply electricity to an additional 30,000 consumers in the city by March next year. - Tata Power with Norway firm to dev hydropower project - Tata Power net down 28% - 4,000 Mumbaikars may switch off R-Infra - R-Infra tells EGoM to stop RIL marketing margin - Reliance Infra wants EGoM to decide on marketing margin on D6 gas - ADAG firms" shares released from pledge The private sector utility will begin power supplies in a month to 4,000 more consumers in Mumbai who have changed over from Reliance Infrastructure"s distribution network. "So far, we have interest from about 30,000 consumers. We believe, by March, we will be in a position to transfer all of them. We expect more consumption (additional load) by 30 Mw by March 2010," Tata Power Company"s Executive Director (Finance) S Ramakrishnan told reporters here.

83% investors feel economy will recover in next fiscal: Fitch.

The Indian economy will recover in the next financial year even as concerns over poor monsoon, drought and fall in exports loom large, a survey says. - Industry to grow at 7% plus in Aug, near 9% in Oct: IEG - Structural shifts to benefit Asian companies: Fitch Ratings - It may take US over seven yrs to wipe off job deficit: Report - SKorea to grow faster among advanced nations in 2014: IMF - Oil lower in Asian trade - Fitch downgrades Ansal Properties on debt restructuring More than 80 per cent of debt investors who participated in the survey conducted by global rating agency Fitch believe that the Indian economy would recover in the next fiscal, while only three per cent of them say that the slowdown would last for more than 18 months.

Media firms hiring again, but not like pre-boom days.

If the early signs are right, then Network 18’s letting go of 200 people may just be an aberration. Across the Rs 80,000 crore Indian media and entertainment industry, hiring is picking up. - HomeShop18 eyes Rs 300 cr sales in FY"10 - Vanita Kohli-Khandekar: The South Indian dilemma">Vanita Kohli-Khandekar: The South Indian dilemma - Media firms can increase profit by charging for online news - FII-TO-FII: Network 18 traded at 7% premium - Anti-tax avoidance: Made in India - Polaris, Network 18, Welspun, Zee's Q1 result The Rs 2,200-crore STAR India is one of the big employers in broadcasting this year. It has already put in place a new management team and is hiring in large numbers (that it refuses to share), say consultants. “In the current year, hiring is growth driven.