Financial Daily from THE HINDU group of publications
Tuesday, June 04, 2002
Markets (June 3)
BL 2501099.88 (+14.41)
BSE Sensex3161.09 (+35.36)
S&P CNX Nifty1039.75 (+10.95)
Dollar (Buy/Sell)49.00/49.13
Gold Std (10 gm)5400 (-35)

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OUTSOURCING


Progeon signs $30-m deal with GreenPoint
PROGEON Ltd, the business process outsourcing subsidiary of software major Infosys Technology on Monday announced that it has signed up a $30-million deal with GreenPoint Mortgage, a subsidiary of GreenPoint Financial Corp. As part of the deal ... More

TELECOMMUNICATIONS


Bharti mobile businesses come under single unit
BHARTI TeleVentures Ltd has announced the amalgamation of its cellular mobile businesses under a single subsidiary - Bharti Cellular Ltd (BCL) - subject to all legal and regulatory approvals. This was decided by the board of directors of the ... More

Telecom equipment purchases -- Tender trends turning harsh
Parliament has been calling for greater transparency in purchase of telecom equipment. However, marketplace imperatives of time-to-market inter-operability and confidentiality are propelling telecom operators to work with preferred vendors. The CAG, CVC and the judiciary will have to formulate new norms to deal with the ensuing lack of transparency. More

Tatas to accept ADSs of VSNL
THE Tatas will be accepting 93,73,982 American depository shares of VSNL tendered under the open offer for 20 per cent stake in the telecom company. Of the valid tenders received, the number of ADSs validly tendered was 1,34,23,601, ... More

HARDWARE


  • HCL unveils promo offer

    SOFTWARE


    Nucleus bullish on revenue growth
    FINANCIAL software products and services firm Nucleus Software Ltd will earn more revenue than it did last fiscal going by its order book, the Managing Director, Mr Vishnu Dusad, has said. This backs up analysts' expectation of the company ... More

  • Subex product for Cora de Comstar
  • Wind River product gets nod
  • Nucleus bags Japanese bank order

    HUMAN RESOURCES


    Staff referrals for recruitment is the in-trend
    WITH the economic slowdown , the HR practices too have changed — recruitment has become lateral, campus recruits are far and few and referrals are playing a decisive role. Mr Laxman Badiga, Chief Executive, Talent Recruitment, Wipro ... More

    PEOPLE


  • Crowther on Mascot advisory board

    NEW PRODUCTS & SERVICES


    MS architecture programme for developers
    MICROSOFT has announced a Software Architect Programme in India for developers who had grown beyond programming to laying blueprints for systems. The programme is aimed at Web services developers, who would use .Net. It would offer a forum for ... More
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  • Top Stories
    `Partnership key to tackle climate change challenge' — Dr R. K. Pachauri, Chairman, IPCC


    What to do with your old car? Ask BMW

    HLL jumps on to the ayurveda bandwagon

    Intangible assets and agriculture

    Wheat output estimates may be pruned on low procurement

    Govt hikes petrol, diesel prices; cuts excise duty

    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives

    Looking back
    May. 26-Jun. 1
    Proof of identity may shrink pre-paid base

    ICICI gets into BPO, invests Rs 200 cr

    ASP market to cross Rs 100 cr by 2004: IDC

    Wipro upbeat with new milestone

    $5-billion dream is realisable: Premji

    `Strategic partner free to use reserves of divested PSUs'

    Nasscom to unveil roadmap soon

    Mahajan warns VSNL of tough legal action

    i-flex IPO to open on June 5 at Rs 530


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