Financial Daily from THE HINDU group of publications
Friday, August 30, 2002
Markets (Aug. 29)
BL 2501077.89 (-6.81)
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Dollar (Buy/Sell)48.48/48.61
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Mobile customers reminded of ID verification
THE cellular industry has renewed its plea to the pre-paid customers to present their identification papers before August 31, failing which their service will be disconnected. Issuing a statement on behalf of the industry, Mr Sudarshan ... More

Hutch brings space-time capsule project to India
SEVERAL Hutchison affiliates in India have entered into an exclusive alliance to support the international KEO space project, a Unesco-supported space-time capsule programme in India. The Chief Executive Officer of Hutchison Max Telecom, Mr ... More

BSNL to open account soon
BHARAT Sanchar Nigam Ltd (BSNL) is to shortly launch cellular mobile services covering about 150 `important towns' with total coverage throughout Karnataka and with about 300 base stations. Speaking to newspersons here today, the BSNL Chief ... More

Cellular expansion in Karnataka `encouraging'
HUTCHISON Whampoa has opened its account in Karnataka with 12,661 subscribers in the first month of its operations. Hutchison is the fourth cellular licensee in the State, according to figures released by the Cellular Operators' Association of ... More

Kaveri Telecom facility launched
BANGALORE: Kaveri Telecom Ltd, a Bangalore-based manufacturer of antennas, repeaters, RF products and solar photo voltaic systems, has launched its new manufacturing facility. This was inaugurated by Mr Dharam Singh, Minister for Public ... More

STOCKS


Satyam volumes swell on spot-future arbitrage
SATYAM Computer recorded combined volumes of 5.5 crore shares on the Bombay Stock Exchange and the National Stock Exchange on Thursday. Brokers said that the rise in volumes was mainly on account of the expiry of August stock futures and ... More

HARDWARE


Intel to invest more in India — `No plans for manufacturing facility'
Mr Pramod Mahajan had told reporters in the morning after a meeting with Mr Barrett that Intel had decided to invest $130 million in India over the next three years. Mr Barrett did not substantiate this number. More

SOFTWARE


DSQ Software net loss at Rs 72.06 cr
THE city-based DSQ Software has reported a net loss of Rs 72.06 crore for the 18-month period ended June 30, 2001, as against a net profit of Rs 126.87 crore in the same period during last accounting year ended December 31, 2000. Total income ... More

ALLIANCES & JOINT VENTURES


Korean IT delegation in India
BANGALORE: Korean IT companies are keen on striking alliances with the Indian software companies. A delegation of nearly 13 different Korean companies is in India to seek alliances with software companies, especially in Bangalore and ... More

INTERVIEW


i-flex `on track' to fulfil objective
THE recently listed financial software provider, i-Flex Solutions Ltd, seems to be on track, fulfilling objectives it had announced at the time of its initial public offer (IPO). In an interview with Business Line, Mr Deepak Ghaisas, CEO ... More

ISPS


Vebtel forays into IP telephony; to invest Rs 5 cr
VEBTEL Obconic Internet Protocol, a Hyderabad-based firm, has announced its foray into the emerging Internet telephony market and has launched a range of solutions and products to support voice over Internet phone (VoIP) technologies even for ... More

IT-ENABLED SERVICES


Call centres moving into smaller cities
THOUGH the metros continue to be the major hubs for call centres, training companies such as Team Builder, the HR Services division of Parsec Technologies and Hero Mind Mine reckon that there is a large influx of international call centres into ... More

RIGHTS ISSUES


Maars board to mull rights, FII limit
CHENNAI: A meeting of the board of directors of Maars Software International Ltd is scheduled to be held on September 4 to discuss and consider proposals for a rights issue at the ratio of 1:1 and to increase authorised capital from Rs ... More

OUTLOOK


CMC banks on TCS link to get global orders
FOLLOWING its acquisition by Tatas, CMC Ltd, a pioneer in providing IT services in the domestic market, is exploiting the fresh opportunities that are being created by the Central and State Governments to reach the benefits of information ... More

PEOPLE


Ingram gets new President, CEO
BANGALORE: Ingram Micro Asia Ltd, a subsidiary of Ingram Micro Inc has appointed Mr Prasad Mamidanna as President and Chief Executive Officer of Ingram Micro India Pvt Ltd. In addition to leading the Indian operations, Mr Mamidanna ... More
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Top Stories
i-flex `on track' to fulfil objective


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In Depth
Gender Justice
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Small Investor
Looking back
Aug. 18-Aug. 24
`Significant distortion' led to Wipro revision

BSNL wants NGOs to run village telephones

Infomart's Kaii to reach out in Oct

Bharti may consider spreading its wings to additional circles

Customers still to benefit: TRAI survey

Nasscom sees pricing pressure bottoming out

MTNL to call tenders for four lakh CDMA lines

`India amidst BPO revolution'


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