The Hindu Business Line : Wednesday, January 30, 2002

Bids for Bharti IPO cross book size
IN just two days, Bharti TeleVentures Ltd (BTVL) IPO has received bids for 18.552 crore shares, slightly more than the actual book size of 18.53 crore shares, according to sources close to merchant bankers. They said there had been large ... More

VSNL, Mithi tie up for vernacular mail service
VIDESH Sanchar Nigam Ltd (VSNL) has tied up with the Pune-based Mithi Software Technologies Pvt Ltd for offering regional language Webmail solutions to VSNL users. VSNL Webmail service now offers e-mailing in eleven Indian languages along with ... More

Tata Tele Q3 net up 89 pc
TATA Telecom Ltd has announced an 89 per cent growth in net profit — at Rs 3.46 crore — for the third quarter ended December 31, as compared to the net profit of Rs 1.83 crore in the corresponding quarter of the previous ... More

Bharti Telenet pact for RoW
NEW DELHI: Bharti Telenet Ltd, the basic service operator in Haryana, has signed an agreement with the State Government for right of way (RoW) to lay its optical fibre and copper wire network throughout the State. Meanwhile Bharti ... More

HARDWARE

Rashi Peripherals to distribute Sony devices
SONY Electronic (Singapore) has appointed the Mumbai-based Rashi Peripherals for distributing high-performance optical storage devices. These include CD writers, CD/DVD ROM and floppy disc drives for personal computers. At a press ... More

SOFTWARE

Mascot Systems hopeful on US recovery
SOFTWARE developer Mascot Systems expects many of the scaled-down accounts in the aviation and financial services segments to ramp up again on US recovery prospects, analysts have said. Earlier, Mascot revised its earnings estimate to Rs 45-48 ... More

Geometric Software optimistic on earnings
MUMBAI: Geometric Software Ltd on Tuesday said its revenues for financial year 2001-2002 will be in the mid Rs 60 crore; with profit after tax in the region of Rs 12-13 crore. This was part of the company's management guidance issued at ... More

Tata Infomedia net dips
MUMBAI: Tata Infomedia Ltd has posted 17.62 per cent drop in its net profit at Rs 2.65 crore for the third quarter ended December 2001 compared to the net profit of Rs 3.22 crore in same period the last fiscal. Net sales for the period ... More

Infosys, Citadon server deal
BANGALORE: Infosys Technologies on Tuesday announced its server-side development partnership with Citadon for Citadon CW, a product which is designed to meet the needs of enterprises with capital works programmes that involve complex ... More

IT TRAINING

Virtual centre for hi-tech learning in offing
THE Virtual Centre for Technology Enhanced Learning (VCTEL), bringing together 13 crème de la creme institutions - all the Indian Institutes of Technology (IIT) and all the Indian Institutes of Management (IIM) - to offer over 200 courses ... More

NIIT slips into red in Q1
COMPUTER training and software major, NIIT, slipped into the red for the first time in years, by posting a net loss of Rs 13.5 crore for the first quarter ended December 31, 2001 over a net profit of Rs 34.3 crore in the same period last ... More

OFF-SHORE DEVELOPMENT

Satyam forays into China
SATYAM Computer Services Ltd has announced the launch of its operations in China, marking the entry into mainland as a part of the Asia-Pacific expansion strategy. The company is set to establish a software development centre in cooperation ... More

Tavant Tech development centre
BANGALORE: Tavant Technologies, Inc, a US-based provider of demand chain software solutions for enterprise class customers, has set up a development centre at Bangalore. It expects to have a development team of 30 engineers by the ... More

M-COMMERCE

SureWave Mail from JP Mobile
NEW DELHI: JP Mobile, an infrastructure and applications software developer for mobile businesses, has announced the launch of SureWave Mail — the mobile industry's first over-the-air (OTA) synchronisation product based on the new ... More

BROADBAND

Titan Broadband services in Delhi
NEW DELHI: Titan Broadband, a global broadband communications service provider, has launched its services in New Delhi. Customers in the city will now be able to avail of Titan's services that include high-speed Internet access, ... More

ISPS

HCL InfiNet pact with Atesto
HCL InfiNet, the Internet service providing (ISP) arm of HCL Infosystems Ltd, has tied up with US-based Atesto Technologies Inc to offer online testing services for Web infrastructure. This alliance will help HCL InfiNet to enlarge the range of ... More

IT-ENABLED SERVICES

CII presents 15-point plan for ITeS sector
THE Confederation of Indian Industry (CII) on Tuesday outlined a 15-point agenda for IT-enabled Services (ITeS) during a meeting with the Minister for Parliamentary Affairs, Communication and Information Technology, Mr Pramod Mahajan. The ... More

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In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
Jan. 20-Jan. 26
Infosys to tighten belt

TN to target specific IT sectors in new policy

AP to rope in private cos for Govt IT projects

Maintaining growth in the slowdown era

Bharti Tele prices IPO at Rs 45

TRAI okays Bharti's tariff plan

VSNL set to lose 45-50 pc market share: Study

SBI to recruit IT pros once arm gets okay