Financial Daily from THE HINDU group of publications
Saturday, April 06, 2002
Markets (April 5)
BL 2501174.04 (+5.03)
BSE Sensex3500.57 (-11.98)
S&P CNX Nifty1141.95 (-3.95)
Dollar (Buy/Sell)48.80/48.93
Gold Std (10 gm)5000 (-30)

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TELECOMMUNICATIONS


Lower WLL tariffs by mid-May
LIMITED mobility wireless in local loop (WLL) services are finally set to get more affordable, just about enough to give the cellular mobile services a run for their money. According to informed sources, the Telecom Regulatory Authority of ... More

Interconnection agreements -- TRAI to issue norms for incumbent operators
IN what should be good news for the private sector telecom operators, the Telecom Regulatory Authority of India (TRAI) has decided to formulate guidelines to be followed by the dominant service provider in each sector for all interconnection ... More

Tata Teleservices to invest Rs 100 cr in Hubli centre
TATA Teleservices Ltd is setting up a communications centre at Hubli as part of its roll out of basic telephony services in Karnataka. The company plans to invest about Rs 100 crore in the next three to five years in the Hubli centre, ... More

SOFTWARE


DIFFsoft package for forex management
DIFFERENTIATED software solutions Pvt Ltd (DIFFsoft) has in the customer list for its corporate treasury management package top private and public sector corporations. The package, called DiffEye, is a versatile forex management intended ... More

ICICI Info to launch enterprise solutions
ICICI Infotech Services Ltd, the Rs 108-crore software solutions subsidiary of ICICI, has chalked out a strategy to focus attention on the growing enterprise solutions (ES) market, with a special thrust on small and medium enterprise (SME) ... More

Electronics export up 37 pc
IT and electronics export during the 11 months of last fiscal grew by 37 per cent to Rs 45,397 crore from Rs 33,138 crore in the same period of the previous year, according to the Electronics and Computer Software Export Promotion Council ... More

i-flex IPO proceeds to go into new centres
SOFTWARE developer, i-flex Solutions Ltd, will invest Rs 170.61 crore in establishing new development centres in Bangalore and Mumbai from the proceeds of its forthcoming initial public offer (IPO). ``We have four development centres in ... More

INTERNET


Eastern uses Alopa services
BANGALORE: The US-based Eastern Connecticut Cable Television converted 2,200 modems of their own system using Alopa Networks' Alopa MetaServ Provisioning Platform, said a press release. Eastern was in trouble when More

MANPOWER


APC arm lays off 15 engineers
BANGALORE: The Indian arm of UPS major American Power Conversion (APC) has laid off about 15 engineers of its software support division. Confirming the development, company sources in Bangalore said the lay-off was in line with the ... More

MERGERS & ACQUISITIONS


Intercept set to merge with arm of CustomerAsset
Informed sources described the deal as a ``management merger driven by synergies''. It is learnt that CustomerAsset may initially hold 26 per cent stake in the merged entity. More

E-COMMERCE & E-BUSINESS


Opus solutions for Corporation Bank
BANGALORE: Opus Software Solutions, the ``u-commerce'' (for universal commerce) company, has implemented Electra ATM at Corporation Bank. The product, developed by Opus, provides a unified channel management architecture to help the ... More

SECURITY


iLantus forays into identity management
Worldwide, about 20 companies were operating in this space, Mr Binod Singh, CEO, said, adding that iLantus was the first Indian company to do so. More

EVENTS


Launch pad for IT, telecom cos
NEW DELHI: The Confederation of Indian Industry (CII) will use the forthcoming CommunicAsia2002 exposition as the `launch pad' for the domestic IT and telecom companies to expand into the other parts of Asia. Billed as Asia's largest ... More

STANDARDS & BENCHMARKS


IT Solutions gets CMM Level 3
IT Solutions (India) Pvt Ltd, a wholly-owned subsidiary of ITS Solutions Inc, US, has announced that it has received the People CMM Level 3 (version 2) certification for its offshore development facilities at Bangalore and Chennai. The ... More

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