Financial Daily from THE HINDU group of publications
Thursday, April 03, 2003
Markets (April 2)
BL 2501048.72 (+13.67)
BSE Sensex3116.99 (+35.04)
S&P CNX Nifty999.40 (+15.10)
Dollar (Buy/Sell)47.33/47.46

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INFO-TECH

PREFERENTIAL ALLOTMENTS


Fortune Info board meet on pref share issue
FORTUNE Informatics Ltd, the Hyderabad-based software solutions company, has convened a meeting of board of directors on April 9 inter alia to consider allotment of preferential shares in terms of the decision taken by the company in ... More

STORAGE


Brocade picks CMS for support services
By the year-end, there will be at least two Brocade-certified engineers at each of the 90 locations, enhancing customer support. More

TELECOMMUNICATIONS


Reliance Webworld to open 125 outlets in TN by June
OVER the next few months, Reliance Infocomm Ltd will unveil across Tamil Nadu the Reliance Webworld, where all of its products and services will be available for customers. A couple of Webworld outlets have opened in Chennai initially selling at ... More

TDSAT to take up IUC after WLL hearings — Cell players asked to detail projected revenue losses
THE Telecom Dispute Settlement Appellate Tribunal (TDSAT) is scheduled to hear petitions challenging the interconnection usage charges (IUC) regulation issued by the Telecom Regulatory Authority of India (TRAI) after it completes the proceedings ... More

STOCKS


Bharti Tele shares jump 11.5 pc
PURE investment play saw the share prices of telecommunication service provider Bharti Tele-Ventures Ltd (BTVL) jump up by almost 11.5 per cent on the BSE and NSE today. With rumours of the interconnectivity issue between Bharti Tele and ... More

HARDWARE


Moser Baer targets home turf with own brands
MOSER Baer India Ltd (MBIL), manufacturer of digital compact disks, has launched products under its own brand for the domestic market, targeting a 50 per cent share of the country's optical media market by 2005. Currently, the domestic market ... More

SOFTWARE


i-flex arm CEO released on bail
In a release issued here, i-flex said, " ... Mr Senthil Kumar is an executive of high personal and professional integrity. As such, the past week has clearly been difficult and distressing for Mr Kumar, his family and all involved with i-flex ... More

Vizag SEZ gets digital signature software
THE eSecurity Group of Tata Consultancy Services, located at its Advanced Technology Centre, Hyderabad, has announced the launch of its managed public key infrastructure (PKI) and digital signature services for the Visakhapatnam Special Economic ... More

Oracle offers Java edition server
ORACLE Corporation, the global leader in enterprise software, has announced the launch of Oracle 9i Application Server Java edition, thereby broadening the corporation's infrastructure spectrum to address new customers, partners and independent ... More

Mascot Systems ties up with Nihon Unisys
SOFTWARE services firm Mascot Systems has announced a strategic alliance with Nihon Unisys, a Japanese systems integrator, to provide application maintenance services jointly to Unisys' customers. Nihon Unisys is a part of the Unisys Group, a ... More

TCS, GE Medical set to renew contract
TATA Consultancy Services (TCS) has said that it is in talks with GE Medical Systems (GEMS) to renew its current multi-million dollar e-business contract to provide a complete range of solutions and services. The two companies were expected to ... More

`Visa violations not deliberate'
Developers who actually work onsite would require the longer term "work permits" and would be eligible for salaries locally. Industry sources confirmed that software companies often sent people on business visas, but kept them longer to do developmen t. More

HUMAN RESOURCES


Toonz to launch training school
TOONZ Animation India, recently ranked among the top 10 animation studios in the world and located in Technopark here, has decided to deploy the internationally trained and experienced manpower at its disposal for training activities in its home ... More

SECURITY


TCS, ECIL in efforts for smart card security tools
IN an effort to popularise and ensure security of key information embedded in smart cards, three institutions — ECIL, SITAR and SETS — have formed the National Smart Card Consortium of Enterprises (Nascent), to develop the required ... More

E-GOVERNANCE


AP dispels CAG fears on e-Seva
RESPONDING to the issues raised by the Comptroller and Auditor General with regard to eSeva citizen centric services centres, the State Government has clarified some of the points. To start with, there could not be a budgetary allocation when ... More

IT-ENABLED SERVICES


Mascot Systems to buy IT&T's call centre biz
The acquisition is expected to enhance Mascot's services portfolio and help it establish a presence in the BPO space. More

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