Financial Daily from THE HINDU group of publications
Friday, November 08, 2002
Markets (Nov. 7)
BL 2501035.67 (-0.88)
BSE Sensex2975.26 (-7.13)
S&P CNX Nifty960.70 (-1.60)
Dollar (Buy/Sell)48.26/48.39

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INFO-TECH

STORAGE


Microsoft India to develop enterprise storage technology
THE Microsoft India Development Centre (MIDC) on Thursday announced the creation of a group that will be responsible for developing new technologies in the enterprise storage management area. The group will coordinate development work with ... More

TELECOMMUNICATIONS


DoT seeks lowering of licence fees — Initiates talks with Finance Ministry
THE Department of Telecommunications (DoT) has initiated talks with the Finance Ministry seeking to lower the licence fees and spectrum charges being levied on the cellular and basic telecom operators. Announcing this at the launch of the ... More

Organisational changes in Bharti Tele
BHARTI Televentures Ltd has announced key strategic changes in its organisational level in order to help it "realign itself to successfully handle the emerging market realities and face future business challenges". According to a statement from ... More

STOCKS


Tech schemes lag BSE IT index: Crisil
On the equity side, the narrow indices such as Nifty and Sensex continued to underperform the broader indices — the Nifty one year point-to-point return was negative 2.10 per cent while CNX Midcap 200 gave returns of 20.63 per cent. More

SOFTWARE


Nasscom opens office in Hyderabad
THE National Association of Software and Services Companies (Nasscom) is set to have an exclusive `closed- door' meeting with Mr Bill Gates, Chairman of Microsoft Corporation, during his forthcoming visit to the country later this month. The ... More

IT TRAINING


NIIT, AirTel tie up for Computer Literacy Day
On the occasion of World Computer Literacy Day, NIIT intends to bridge the digital divide in the country by offering subsidised computer training programmes. More

MS programme in VLSI design
HYDERABAD: In an industry-academia initiative, Qualcore Logic Ltd, a Hyderabad-based software solutions provider addressing the VLSI (very large systems integration) space as commenced MS programme in VLSI design. The company had ... More

IPR


Philips making things better, patently
MR Vinay Shenoy and his new team of six at Philips Software Centre are on a unique job. Currently training in the Netherlands, Mr Shenoy's team of Patent Search Engineers is vetting great ideas from colleagues across the globe and clearing ... More

PEOPLE


New CEO for Progeon
MUMBAI: Progeon Ltd, the business process management subsidiary of Infosys Technologies Ltd, announced on Tuesday that its board of directors has appointed Mr. Akshaya Bhargava as its Chief Executive Officer and Managing Director. Mr ... More

TRENDS


Indian IT sector tops pay hikes in Asia-Pacific
Projections by the surveyed companies also indicate a slight rise in salary increases in 2003 in most of the countries. More

NEW PRODUCTS & SERVICES


Nucleus Netsoft offers fleet, asset tracking solution
NOW you can track movement of vehicles in transit. Nucleus Netsoft & GIS India Ltd has launched a vehicle location solution that will help fleet owners undertake real-time asset management. The system will facilitate the rescheduling and ... More

Sun Micro, Infosys unveil banking solution
SUN Microsystems Inc and Infosys Technologies Ltd have unveiled a Web-based retail banking reference architecture which enables banks to reduce operational costs and enhance efficiencies and retain business agility. The architecture, a new ... More

AOW to track goods in transit — Introduces smart card services
AOW (aasiaonwheels) Indian Network Ltd here has launched its services through smart card technology. It is offering the service to the transport industry through a network of 87 regional offices, 2,358 local offices and more than 14,000 tracking ... More

MS, PwC launch VAT software
MICROSOFT Corporation India and PricewaterhouseCoopers (PwC) India have jointly developed an off-the-shelf Value Added Tax (VAT) software solution for the State tax departments in the country. The solution, developed by PwC using Microsoft .NET ... More

Indo-Fuji launches new software
BANGALORE: The Bangalore - based middlewear application and system software company Indo-Fuji Information Technologies Pvt Ltd, has announced the launch of Intelligent Help Desk, an innovative software product module. The new ... More

Spectrum unveils management tool
BANGALORE: Spectrum Software, Inc has released SpectrumSCM version 1.1, a full-featured source configuration management tool in the market. A fully-platform-independent and providing the full CM functionality over the Web, SpectrumSCM ... More


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