The Hindu Business Line : Thursday, August 22, 2002

Tata Tele seeks nod to buy 31 pc Hughes Tele stake
TATA Teleservices Ltd (TTSL) has moved the Foreign Investment Promotion Board (FIPB) seeking permission for acquiring 44,08,24,709 equity shares of face value of Rs 10 each of Hughes Tele.com India Ltd (HTIL) accounting for 31.37 per cent stake ... More

Bharti to seek Rs 2,500-cr loans
THE Bharti group seeks to secure long-term loans aggregating Rs 2,500 crore for funding the rapid expansion of its AirTel mobile services, as also its domestic and international long-distance services across the country. While Bharti Cellular ... More

Customers still to benefit: TRAI survey
DESPITE increasing competition in basic and cellular telecom services, consumers are yet to benefit from it in most parts of the country. According to a recent survey conducted by the Telecom Regulatory Authority of India (TRAI), the overall ... More

Motorola bid to fortify brand
MOTOROLA, the second largest mobile handset manufacturer in the world, intends to aggressively strengthen its brand and grow market share in India. This was announced by Mr Clifford Barett, Vice-President and Director (Product Line Management ... More

STOCKS

Foreign funds seen driving NIIT up
NIIT, backed by a number of sizeable block deals, zoomed today on the National Stock Exchange and the Bombay Stock Exchange. The stock closed with a gain of over 6.5 per cent at Rs 151.45 (Rs 142.05) on the NSE. The counter recorded volumes of ... More

SOFTWARE

AP Govt signs MoUs with STPI-H, Applabs
The STPI project envisages an incubation centre, additional infrastructure for STPI, enhanced regulatory support, and fibre landing facility, data centres and ILD services. More

Nasscom opens Bangalore office
THE National Association of Software and Services Companies (Nasscom), a grouping of domestic software exporters, opened its Bangalore office today. This is its second regional office after Mumbai. Its President, Mr Kiran Karnik, said that ... More

Infosys ADS for Bankers Trust

ALLIANCES & JOINT VENTURES

Tata Elxsi signs pact with AMI-C
BANGALORE: Tata Elxsi Ltd has signed a partnership agreement with Automotive Multimedia Interface Collaboration (AMI-C), the prominent global standardisation body, to provide technology expertise for proof of concept vehicles as per the ... More

ENTERPRISE RESOURCE PLANNING

SAP signs Rs 95-cr deal with ONGC
SAP AG has announced that it has signed the largest-ever deal in India with Oil and Natural Gas Corporation Ltd (ONGC) for implementation of the ICE (Information Consolidation for Efficiency) Project. The deal, worth Rs 95-crore, is aimed at ... More

INTERVIEW

MphasiS plans redundancy centres overseas
MPHASIS, which reported its call-centre subsidiary MsourcE breaking even and posting profit in June quarter, a quarter ahead of projection, continues to hog into investors' limelight on the back of improved business visibility. Business ... More

STANDARDS & BENCHMARKS

Phoenix assessed at Level 4
BANGALORE: Phoenix Global Solutions (India) Pvt Ltd, has announced that it has been assessed at Level - 4 of SW-CMM Version 1.1 based on the CBA-IPI Assessment by KPMG. The scope of the assessment included development and maintenance ... More

OUTLOOK

Pricing policy will put us ahead: Pramati chief
The company is offering its products at rates less than a third of its competitors mainly due to lesser overheads and given the fact that over 100 J2EE (Java 2 Enterprise Edition) engineers work at Hyderabad at lower costs compared to the US. More

PEOPLE

Arjun Erry made SAS sales director
BANGALORE: SAS India has announced the appointment of Mr Arjun Erry as Director, Sales, India to spearhead the growth of the company's market and drive sales of SAS Business Intelligence software solutions across India. SAS is focusing ... More

TRENDS

Nasscom sees pricing pressure bottoming out
THE National Association of Software and Service Companies (Nasscom), a grouping of Indian software exporters, feels that "there are indications of pricing pressure bottoming out," its president, Mr Kiran Karnik, has said. "Pressure from the ... More

NEW PRODUCTS & SERVICES

Cell calling
SIEMENS has launched the M50 mobile phone model with focus on design and entertainment. The M50 offers EMS (Enhanced Messaging Service), and a special calling images feature, which allows real images to be stored and linked to specific phone book ... More

Kedia Infotech launches e-purse
KEDIA Infotech Ltd (KIL) has launched a new e-Tran DigiCash card electronic purse, with link between buyers and sellers channels, including the physical point of sales (POS) and electronic networks such as Internet, mobile with embedded chip ... More

Multilingual proofing tool from HCL
HCL Infosystems Ltd, in alliance with Microsoft Corporation, is ready to offer a multilingual proofing tool that supports nine Indian languages (Sanskrit, Tamil, Telugu, Kannada, Konkani, Hindi, Marathi, Gujarati, Gurumukhi) with its Infiniti ... More

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Sustaining development — An opportunity in Johannesburg

Shakti LPG turns sick — Net worth wiped out

Nasscom sees pricing pressure bottoming out

Customers still to benefit: TRAI survey

Banks reject tax challans sans PAN

'Raw sugar imports to replenish stocks' — Part of cost-effective operations, says Sakthi Sugars CMD

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Aug. 11-Aug. 17
Pre-paid makes up 85 pc of mobile additions

Tariff cuts boost cell-phone subscriber base in South

Software exports from STPI units up 47 pc

States pushing for Internet security centre

Home-based medical transcription catching up — A rewarding career for women

Idea, BPL revive merger talks

Acer cashes in on rivals' merger