Financial Daily from THE HINDU group of publications
Tuesday, May 07, 2002
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ICICI Bank ties up with BPL Mobile for `mots'
BPL Mobile and ICICI Bank have tied up to allow recharge of BPL's prepaid cellular service facility (branded `mots') at any of the bank's 1000 plus ATMs across the country. The subscribers would also have to hold accounts with ICICI Bank. ... More

`Regulatory issues key for growth in cellular industry'
While the telecom policy had provided for a regulatory framework and encouraged the role of a regulator and tribunal, in enacting some of the policies there has been delay. More

Govt plea for lower WLL rental rates
THE Government has requested the Telecom Regulatory Authority of India to lower the floor rate of rental for limited mobility WLL services, according to Minister of State for Communications, Mr. Tapan Sikdar. He was speaking at the inauguration ... More

Idea set to achieve financial closure
IDEA Cellular Ltd, the three-way joint venture between the diversified Tata group, the Aditya Birla group and AT&T Wireless, is set to achieve financial closure within the next 60 days. The company is weighing the possibility of listing on the ... More

Escotel's anniversary offer
KOCHI: Escotel Mobile Communications Ltd (Escotel), the cellular provider for Kerala, Uttar Pradesh (West) and Haryana announced a ``Twin Win offer'', a unique customer get customer scheme for existing `Let's Talk customers', on its ... More

SOFTWARE


Fiat software centre in Bangalore soon
FIAT India is likely to set up a software development centre in India to source software for its global needs, head of research for Fiat India, Dr Franco Bonello, said. Declining to detail a timeframe for such an initiative Dr Bonello said ... More

i-flex Q4 net profit up 29 pc
I-FLEX Solutions has announced a year-on-year growth of 29 per cent in net profit — at Rs 35.86 crore — for the quarter ended March 31, 2002. Revenues rose 47 per cent over the same period, to Rs 123.9 crore. Net profit for the ... More

Citrix alliance with SAP extended
BANGALORE: Citrix Systems has announced that is global business alliance with SAP has been extended to India. As part of this extension, the subsidiaries of both companies i.e., Citrix Systems India and SAP India will jointly market the ... More

Pentasoft allots 16.2 million GDRs
CHENNAI: The city-based Pentasoft Technologies' board has allotted 16.2 million GDRs (global depository receipts) to investors for cash at the rate of $0.40 per GDR, says a company release to the Madras Stock Exchange. A company ... More

ISPS


`Always-on' Net lines from BSNL
BANGALORE may soon have an "always on'' Internet on the ordinary telephone lines, when the BSNL Bangalore Telecom District's plans come through. BSNL already has a trial on at the Ulsoor exchange where around 30 heavy users have been given a ... More

EVENTS


  • Looking Back

    VENTURE CAPITAL


    IFC to invest $2 m in Webdunia
    NEW DELHI: International Finance Corporation (IFC), the private sector lending arm of the World Bank Group, has said it will invest $ 2 million in Webdunia India Pvt Ltd. IFC said it invested in Webdunia as part of a $ 3 million fund ... More

    IT-ENABLED SERVICES


    GTL gains on good projections for IT-enabled services
    THE counter of GTL Ltd, formerly known as Global Tele-Systems, is back in punters' favour. The scrip attracted a volume of 142.42 lakh shares on the National Stock Exchange and 72.23 lakh shares on the Bombay Stock Exchange on Monday. At the ... More

    STANDARDS & BENCHMARKS


    Applitech gets CMM Level 5
    THE Applitech Solution Ltd, which posted a Rs 12 crore increase in turnover last fiscal at Rs 72 crore, has received the SEI CMM Level 5 certification from KPMG. The company has now joined an elite club of some 65 companies, the world over and ... More

    TRENDS


    Do fresh jobs mean IT sector is seeing first signs of recovery?
    CITY-BASED companies such as DSQ Software, SSI Ltd and Polaris Software in their guidance said they would start fresh recruitment in the next few months. Could this be the first sign of recovery in the Indian IT sector that has been struggling in ... More

    NEW PRODUCTS & SERVICES


    TCS launches personal investment manager
    TATA Consultancy Services (TCS) has launched — `E.X. personal investment manager' — a portfolio tracker with an integrated accounting module. This time, TCS has cited almost-real-life examples — a fixed deposit with SBI that ... More
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  • Top Stories
    R. K. Talwar: A banker ahead of his times


    Centre unveils relief package for coffee

    Do fresh jobs mean IT sector is seeing first signs of recovery?

    2 more co-op banks to be superseded

    IRDA clears plan for motor insurance hike

    Maharashtra probing all co-operative banks

    Cotton firm unveils new contract farming model

    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    Apr. 28-May. 4
    DoT, FIs may oppose Batata-BPL merger

    Lisle plans stake in 2 software cos -- `Partner network is win-win model'

    Satyam to recruit more, foray into BPO

    `Software, services exports up 29 pc'

    The ebb-flow match continues for IT cos


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