Financial Daily from THE HINDU group of publications
Tuesday, January 07, 2003
Markets (Jan. 06)
BL 2501130.27 (-3.03)
BSE Sensex3334.89 (-22.65)
S&P CNX Nifty1084.35 (-5.25)
Dollar (Buy/Sell)47.95/48.08
Gold Std (10 gm)5730 (+140)

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Equity research outsourcing could be the next wave
INDIA could emerge as a favourite outsourcing destination for US financial groups for equity research as the investment banks face severe pressure from market watchdog Securities Exchanges Commission to separate research from market activities ... More


Tribunal waives tariff filing for BSNL, MTNL
THE Telecom Dispute Settlement Appellate Tribunal (TDSAT) has exempted both Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) from filing their cellular tariffs with the Telecom Regulatory Authority of India (TRAI) before ... More

Billing system adds to MTNL woes — Dolphin subscribers do the vanishing trick
WITH cellular tariffs across the country crashing each passing month, it has become difficult for the subscriber to make out which operator provides the most cost-effective plan to suit his pocket. However, citizens of the two biggest mobile ... More

`Consolidation on cards in telecom' — Mobiles will outpace landlines in 3 years, says Sunil Mittal
THE Indian telecom sector has entered an exciting phase and is poised to achieve a three-digit growth this year. However, with the entry of more operators, the industry will also witness tariff rebalancing and marketing blitz followed by a major ... More

Kerala: Full roaming from Escotel
KOCHI: Escotel Mobile Communications Ltd has launched full roaming facility for its Let's Talk pre-paid subscribers in Kerala. With this pre-paid roaming facility, customers will be able to use the connection seamlessly in Delhi, Chennai, ... More

BSNL plans 2nd phase expansion by March
THE response to BSNL's mobile service in Kerala seems to have prompted the company to complete the second phase of expansion by March instead of December this year as planned earlier. The orders for the mobile connections in the second phase of ... More


MTNL stock hits nadir on slippery turf
THE stock price of public sector telecom major Mahanagar Telephone Nigam Ltd (MTNL) today touched an all-time low on concern over the possible fall in revenues and profits in the current fiscal. According to market sources, attractive pricing ... More

Moser Baer jumps as EU drops anti-dumping case
THE Moser Baer Ltd (MBL) stock today saw a surge in volumes and spurt in share price on the major bourses as the European Commission dropped the anti-dumping proceedings against the company. The stock moved up by around 18 per cent on ... More

Khyati Multimedia stock split
MUMBAI: Khyati Multimedia Entertainment Ltd has fixed February 10, as the record date for the purpose of stock split from equity shares of Rs 10 to Re 1 each. ... More


EU drops dumping move against Moser Baer
MOSER Baer India Ltd, one of the largest makers of optical and magnetic data storage products, today announced that the European Commission (EC) has proposed to terminate the anti-dumping proceedings against the company in respect to the ... More


Indian firms to emerge key global players: IDC
INDIA'S leading software firms, Tata Consultancy Services (TCS), Infosys, Wipro and Satyam Computer Services, are set to emerge as `key global players' during 2003, the International Data Corporation (IDC) has said. These companies will `ride ... More

VMC Software plans new division
MUMBAI: VMC Software Ltd has informed the Bombay Stock Exchange that its board of directors has decided to set up a division in the company named as Advance Technology for launch a numero uno product named as EEPROM-based Thin ... More

Flexcube goes live in diamond bank
BANGALORE: i-flex Solutions has announced that its flagship product Flexcube has gone live in Antwerp Diamond Bank (ADB), Mumbai, a premier bank for the global diamond industry. i-flex also designed and deployed a data centre for the ... More


Wi-Fi, the wireless alternative
Wi-Fi, a wireless local area network technology that has started revolutionising communication and is threatening to make inroads into the businesses of cellular operators and telephone companies, was not considered as an economic alternative to wire d LAN in India until recently. However, the restriction on indoor use poses limitations for the large-scale adoption of Wi-Fi as an alternative to landline networks. More

HACCP centre Web site launched
THE Industries Minister, Mr P.K. Kunhalikkutty, on Monday launched the official Web site and logo for the National Centre for HACCP (Hazard Analysis and Critical Control Points) certification set up here as an adjunct to the Kerala Bureau of ... More


Market not ripe for TCS public offer: Ratan
THE Tata Group Chairman, Mr Ratan Tata, has said that the market is not yet ripe for Tata Consultancy Services' maiden initial public offer. Speaking on the sidelines of the inaugural of Explorer building of the International Technology Park ... More


Mascot assessed at CMM Level 5
BANGALORE: Software services firm Mascot Systems has announced that it has been assessed at Level 5 of the Capability Maturity Model (CMM) of the Software Engineering Institute (SEI) at Carnegie Mellon University, Pittsburgh, ... More


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