Financial Daily from THE HINDU group of publications
Friday, November 15, 2002
Markets (Nov. 14)
BL 2501036.11 (-2.48)
BSE Sensex2986.56 (+25.90)
S&P CNX Nifty971.90 (+9.25)
Dollar (Buy/Sell)48.23/48.36
Gold Std (10 gm)5240 (-60)

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Iridium India seeks $200-m damages from Motorola
INDIAN investors to the failed satellite phone project of Iridium LLC have sought damages topping $200 million in compensation from global telecom major Motorola Inc, the company said in its recent filings to the Securities and Exchange ... More

Cellular subscriber base touches 8.97 m
Among the operators, Bharti continues to be the single largest mobile operator accounting for 25.11 lakh subscribers. More

STOCKS


Digital jumps on talk of big orders from parent
THE stock of Digital GlobalSoft, the Indian arm of Hewlett Packard, jumped nine per cent on the bourses today as talks of the company bagging a $40-million contract from its parent intensified. On the Bombay Stock Exchange (BSE), the company's ... More

SOFTWARE


SoftJin, PACT XPP Tech sign pact
BANGALORE: SoftJin, a Bangalore-based provider of EDA tool development services, and the Germany-based PACT XPP Technologies AG have announced an agreement targeted at generic MIPS and ARM based development systems, speeding ... More

HUMAN RESOURCES


Salary bills go up as software cos hire more
MANPOWER strength for the country's top three listed software companies has gone up by close to 5,000 candidates in the last four quarters. Increase in manpower strength between quarters September 2001 and September 2002 are 2,556 for Infosys, ... More

ALLIANCES & JOINT VENTURES


NIIT acquires German firm
NIIT said it had made its fourth acquisition of the year by taking over AD Solutions AG, a privately-held German firm specialising in developing custom solutions and providing development outsourcing services. "This acquisition is a key element ... More

PTC, Ingram affiliation to target SME market
So far, the SME segment in India has been a 2D market, Mr Kishore Rao said. Now, it is moving into 3D, driven by mandates from their principals to use 3D. "A huge shift is happening from 2D to 3D," Mr Rao said. More

Pramati teams with Microway
PRAMATI Technologies, the Hyderabad-based technology solutions provider focussing on Java 2 Enterprise Edition (J2EE) application server technology, has signed up with Microway, the largest distributor of software development tools in Australia, ... More

E-GOVERNANCE


  • e-seva initiatives lauded

    NEW PRODUCTS & SERVICES


    Intel launches new Pentium 4
    INTEL Corporation, the world's largest microprocessor maker has launched a new version of its Pentium 4 chip, which lets computers do multiple things simultaneously. Intel said a number of PC makers in India such as HCL Infosystems, Wipro and ... More

    Samsung launches celebration model
    BANGALORE: Samsung Electronics India Information and Telecommunication LTD, (SEIIT) the 100 per cent IT and Telecom subsidiary of Samsung Electronics Korea, has launched its Celebration Model, SyncMaster 753S, a 17" black colour limited ... More


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  • Top Stories
    Salary bills go up as software cos hire more


    Allahabad HC stays UP decision on statutory price for cane

    Disclosures must not end with IPOs

    Cost-cutting, exports are India Inc's new mantras

    Chacha Kalam

    Agencies find new ways to beat cuts in adspend

    Project investments flat in Sept quarter: Survey

    CST phase-out from April 2004

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Nov. 3-Nov. 9
    Wipro indents PCs from Dell

    Bill Gates thrust this time is healthcare

    Nortel to focus on CDMA first for 3G shift

    DoT seeks lowering of licence fees — Initiates talks with Finance Ministry


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