Financial Daily from THE HINDU group of publications
Thursday, July 25, 2002
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TRAI asks operators to modify networks — Option for users to choose carrier
THE Telecom Regulatory Authority of India (TRAI) today directed the basic and cellular service providers to modify their networks enabling subscribers to pick the STD operator of their choice within three months, wherever two or more operators ... More

India must follow the Chinese model — Telephone and Internet penetration
CHINA now has the largest number of fixed (190 million) as well as wireless (160 million) telephones, having surpassed the US a few months ago. It is installing 50 million mobile phones and over 20 million fixed telephones a year. These are ... More

Tariff war may intensify — Bharti launches AirTel service in Mumbai
BHARTI Cellular Ltd today announced the launch of its AirTel mobile services in Mumbai with an aggressive tariff plan of a 0.90 paise per 30- second airtime charge for both outgoing and incoming calls. Bharti is the first operator to offer a ... More

Phone bookings made easy, courtesy BSNL
THE Bharat Sanchar Nigam Ltd (BSNL) received an unexpected response from the public for its Mobile Tele-Shoppe experiment in Coimbatore on Wednesday with customers thronging to book new telephone connections without any hassles. The response ... More

Bharti seeks to raise Rs 1,200 cr for projects
BHARTI Tele-Ventures Ltd seeks to raise Rs 1,200 crore over the next couple of years to fund its on-going rollout of cellular, basic and long distance telecom services across the country. According to Mr Sunil Mittal, Chairman and Managing ... More

  • WLL services to be extended in Karnataka
  • Touchtel's `dial-in' service

    HARDWARE


    Tata Infotech to make Diebold ATMs
    MUMBAI: Tata Infotech has announced that it has entered into a contract-manufacturing agreement with Diebold Inc to produce Diebold's automated teller machines (ATMs) in India. Tata Infotech will also distribute these machines in ... More

    SOFTWARE


    Damage control at a `shocked' Infosys
    INDIAN software sector, stunned by the recent law suit slapped on Mr Phaneesh Murthy, who resigned on Tuesday as director of Infosys, on charges of sexual harassment and for wrongful termination against Infosys Technologies, pulled on with their ... More

    Wipro may be indirectly hit by WorldCom's woes
    SOFTWARE major Wipro Ltd is likely to be "indirectly" affected following US Internet traffic carrier WorldCom's bankruptcy filing, analysts said. Telecom equipment manufacturers, who still contribute a significant share to Wipro's revenue, are ... More

    CMC posts Rs 6.64-cr net for Q1
    CMC Ltd, a Tata group company, has announced a net profit of Rs 6.64 crore for the first quarter ended June 30, 2002 compared to Rs 3.07 crore during the corresponding period last year. Net sales for the quarter were recorded at Rs 96.74 crore ... More

    PSI Data cuts Q1 loss to Rs 3.63 cr
    BANGALORE: PSI Data Systems Ltd, an Aditya Birla Group company has posted a net loss of Rs 3.63 crore in quarter ended June 30, 2002 as compared to a net loss of Rs 4.80 crore in quarter ended June 30, 2001. Total Income has decreased ... More

    INTERNET


    Stay connected with cyber butlers
    THE Taj Group of Hotels, in co-ordination with the Bangalore-based Convergent Communications, has launched its broadband solution — Wireless Fidility (WiFi) — that allows guests to access high speed Internet within the entire campus ... More

    ALLIANCES & JOINT VENTURES


    24/7 Customer to set up BPO centre in Kochi
    24/7 CUSTOMER, a leading player in the ITES space, has entered into a memorandum of understanding with the Kerala Government to set up a business process outsourcing (BPO) operations centre in Kochi. Speaking to newspersons, Mr P.V. Kannan, ... More

    Intel, Satyam in pact for research centre
    The company also has arrangements with Silverline Technologies wherein a blueprint is being prepared for voice-enabled solutions. More

    Bangalore Labs, netForensics tie up
    BANGALORE: Bangalore Labs has announced a strategic alliance with netForensics, a provider of innovative Security Information Management (SIM) solutions. The alliance will help Bangalore Labs to enhance its managed security services to ... More

    OFF-SHORE DEVELOPMENT


    MsourcE to set up centre in Mexico
    MSOURCE, the call centre arm of MphasiS, plans to set up a centre in Mexico by the end of the year. The Mexico centre will start as a pilot project to test waters before becoming a full-fledged centre, said Mr Milind Chalisgaonkar, CEO. Mexico ... More

    ISPS


    Net4India plans to launch `tele-cafes' in Mangalore
    WITH the opening up of Internet telephony in the country from April 1, Netcomm Solutions and Services has become the first distributor in the Dakshina Kannada district of Karnataka for Net4India's `phonewala cards'. With this, Mangaloreans can ... More

    E-GOVERNANCE


    Aithent Tech bags e-governance deal
    THE Delhi-based software developer, Aithent Technologies, has said that it has bagged an order from an organisation of insurance regulators in the US that has the potential to generate revenues worth $100 million for the company over a 10-year ... More

    VENTURE CAPITAL


    Alopa Networks growth plan
    BANGALORE: Alopa Networks, the provider of fully integrated broadband subscriber solutions and operational support systems (OSS) applications, has announced that it closed $8.5 million of a Series C financing tranche as part of a $12.5 ... More

    PEOPLE


    Ramasamy quits Pentamedia board
    CHENNAI: Pentamedia Graphics Ltd has announced that Mr S Ranganathan, has not opted for re-election and has resigned from the office of Director with effect from July 10. Further, Mr S Ramasamy has resigned from the post of Company ... More

    NEW PRODUCTS & SERVICES


    Cradle Tech develops new microprocessor platform
    CRADLE Technologies, a Fremont-based company, has developed a new microprocessor platform for networking and digital media applications, the Universal Micro System (UMS) platform. Talking to Business Line, Mr Satish Gupta, CEO, Cradle ... More

    Flexcube goes live in African bank
    BANGALORE: i-flex solutions Ltd has announced that its Flexcube Investor Services has gone live at the African Banking Corporation, Zimbabwe in a record 3 month period. The Bank has automated its unit trust operations using Flexcube ... More


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  • Top Stories
    Wipro may be indirectly hit by WorldCom's woes


    ATM sharing: New wave sweeping across industry

    Are States falling into a deeper debt trap?

    Corporate earnings — Restoring realism and sanity

    India must follow the Chinese model — Telephone and Internet penetration

    Govt sets up panel to tone up tea industry

    Country facing worst drought in over 10 years: Ajit Singh

    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives
    Looking back
    Jul. 14-Jul. 20
    Violations in ILD services — DoT asks Data Access to explain `illegal' calls

    Software sector to grow 32-35 pc: ESC

    Sify may be out of Nasdaq listing soon

    Flourishing grey market for Internet telephony

    Hacking of Indian Govt Web sites on the rise

    Software exports touch Rs 36,500 cr: Nasscom

    Bangalore among world's top intelligent communities

    Wipro's new mantra is strategic value


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