Financial Daily from THE HINDU group of publications
Friday, July 19, 2002
Markets (July 18)
BL 2501130.21 (+14.53)
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Dollar (Buy/Sell)48.74/48.87
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STD rate cuts dent BSNL, VSNL revenues
THE drastic cuts in STD tariffs in force since mid-January has had a telling impact on telecom majors Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), with call revenues in the last quarter of fiscal 2001-02 ... More

Cellnext service to Star channels
NEW DELHI: Cellnext Solutions Ltd, an Escorts group company, will provide SMS service for all Star channels. Through the service, viewers would be able to participate in shows/contests, astrology, song requests, bidding on the ... More

SOFTWARE


Software exports touch Rs 36,500 cr: Nasscom
THE Indian information technology (IT) industry raked in revenues worth Rs 48,000 crore ($10.1billion) in 2001-02, growing at 27 per cent in rupee terms and 22 per cent in dollar terms over last year's Rs 37,760 crore ($ 8.26 billion), the ... More

Kshema net profit at Rs 1.8 cr in Q1
KSHEMA Technologies, the Bangalore-based software services company, has registered a net profit of Rs 1.83 crore for the first quarter ended June 30, as against Rs 5.71 lakh in the corresponding period last year. Revenues for the quarter stood ... More

Hughes Soft net down 76%
THE downturn in the global telecom sector continues to take its toll on the Delhi-based telecom software developer, Hughes Software Systems (HSS). The company today announced a 76 per cent drop in its net profit for the first quarter at Rs 4.4 ... More

Sonata net rises 52 pc
BANGALORE: Sonata Software Ltd has reported a net profit of Rs 3.19 crore for the quarter ended June 30, 2002 as compared to Rs 2.09 crore in the preceding quarter (Q4 FY2001-02), a growth of 52.41 per cent. Revenues for the quarter ... More

ALLIANCES & JOINT VENTURES


TCS in alliance with Toyo Engg
TATA Consultancy Services (TCS) has entered into a strategic alliance with Toyo Engineering Corporation and its IT subsidiary company Toyo Business Engineering for promoting its packaged software for Japanese financial institutions. TCS also ... More

SECURITY


Hacking of Indian Govt Web sites on the rise
While the hacking of the Government-related Web sites is nothing new, the alarming fact is that the "defacers" have been doing it on a regular basis. More

E-GOVERNANCE


Karnataka Govt computerises over 17 million land records
"Computerisation of land records in all the 177 taluks have been completed and farmers are being issued the computerised RTCs for a mere Rs 15". More

NEW PRODUCTS & SERVICES


Indo-Fuji launches Adhyapaka
INDO-Fuji Information Technologies, a Bangalore-based software company, today launched Adhyapaka, a CBT (computer-based training) software that helps individuals to learn Kannada quickly by adopting interactive methods with user-friendly ... More

Exabyte unveils tape drive
BANGALORE: Exabyte Corporation a tape back-up systems company, has announced the introduction of its second- generation VXA tape drive. The VXA-2 dramatically increases the capacity and performance available to tape users who seek an ... More


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