Financial Daily from THE HINDU group of publications
Friday, September 13, 2002
Markets (Sept. 12)
BL 2501068.61 (+3.32)
BSE Sensex3131.34 (+5.68)
S&P CNX Nifty1001.65 (+2.80)
Dollar (Buy/Sell)48.41/48.54
Gold Std (10 gm)5230 (+10)

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Calling New York cheaper than dialling Delhi?
THE recent announcement by the private International Long Distance Operators (ILDOs), Bharti Telesonic and Data Access, has sparked a price war in international call rates. A call to the US will soon cost Rs 24 per minute compared to the existing ... More

COAI finds `unlimited' competition call jarring
COAI has noted that the introduction of additional operators in the cellular mobile services sector must be in full consonance with the provisions of the New Telecom Policy '99. More

Cellular subscriber base crosses eight million
THE cellular subscriber base in the country has reached 8.2 million, with over 4.8 lakh additional customers in the month of August 2002, a rise of 6.24 per cent over the previous month. As per the latest estimates of the Cellular Operators ... More

BSNL in talks with banks to expand services
BHARAT Sanchar Nigam Ltd (BSNL) has initiated discussions with several nationalised and private commercial banks with a view to offering a range of services to its customers. These include collection of cheques — against telephone bills ... More

  • Hutch Champions Trophy SMS service


    Polaris hopes to turn around loss-making arms in 3 years
    POLARIS Software Labs expects its loss-making subsidiaries to turn around in 18-36 months. As per the company's annual report for 2001-02, five out of the eight subsidiaries, including Polaris Retail Infotech Ltd, reported losses for the last ... More

  • Fortune Info preferential issue


  • Indus Institute ties up with IBM


    General Atlantic invests $100 m for Patni stake — Capital to be used for global acquisitions
    PRIVATE equity investment firm General Atlantic Partners LLC, has made an investment of $100 million for a minority equity stake in the Mumbai-based Patni Computer Systems (P) Ltd. This is one of the most substantial investments made in any ... More

    US film co to take 40% stake in Kaashyap Radiant
    United National Film Corporation Ltd is likely to offer 50 per cent cash and the rest in equity swap. The offering is likely to be in tranches, depending upon the performance of the projects. More


    Apar Tech to focus on offshore capabilities — To invest Rs 15 cr on expansion
    APAR Technologies Ltd opened its second offshore development centre here and plans to invest a further Rs 15 crore on expansion in India, in keeping with the company's strategy to move operations offshore. Till about a year and a half ago, the ... More


    Tata Teleservices to enter TN market on CDMA platform
    In a matter of five years, Tata Teleservices would be investing about Rs 1,000 crore in Tamil Nadu. Of this, about 25 -27 per cent would be invested by March 2003 itself. More


    BSNL's broadband offering only in Nov
    BHARAT Sanchar Nigam Ltd (BSNL) has put off its broadband offering for its wireline customers across the country by a month. According to official sources, the proposed services which are to include TV broadcast of 40 to 50 simultaneous ... More


  • July Systems gets $2.5-m funding


    Chennai not attractive enough for ITES: Study
    A RECENT study by National Association of Software and Services Companies (Nasscom) and market research company, Netscribes, on information technology enabled services, Chennai has been ranked third after Hyderabad and Kochi. The latter two ... More


    `Growth in IT sector holds prospects for more jobs'
    THE IT Enabled Services (ITES) alone is likely to create new employment opportunities for around 12 lakh qualified youth in the country, and the Nasscom-McKinsey projection for 2010 has put the total IT revenues of India at over $ 70 billion, of ... More


    Vantel Tech unveils `secure' solution for banks
    VANTEL Technologies, the Hyderabad-based software and telecom solutions provider, in association with Cyberlocator Inc has introduced what the company claims is a new approach to authentication that utilises space geodic methods to form a time ... More

  • BSNL launches Web phone service
  • BPL Mobile cricket alert service
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  • Top Stories
    Tata Teleservices to enter TN market on CDMA platform

    Indian Hotels acquires Regent Hotel — Makes North Mumbai entry with Rs 452-cr deal

    RBI directs Global Trust to change auditors

    Cotton shippers blacklist `defaulter' textile mills — Stop exports to TN spinners seeking dues

    Calling New York cheaper than dialling Delhi?

    Industrial growth 6.4 pc in July — CSO data point to revival trend

    Productivity-linked reward scheme — Port, dock workers to press for flat 20 pc payment

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Sep. 1-Sep. 7
    BSNL, MTNL merger plan takes industry by surprise

    IT exports to grow 23 pc, says ESC

    SDG unveils software to detect money laundering

    BPO market is smaller than projected: Gartner

    Premji has a date with talent

    Virus alert from IBM

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