The Hindu Business Line : Friday, April 25, 2003

Why allow lower intra-net cell rates, poses Reliance Info
IN what could blow up into yet another legal battle involving the Telecom Regulatory Authority of India (TRAI), Reliance Infocomm Ltd has stated that if it is not allowed to charge STD intra-network calls at 40 paise per minute, the cellular ... More

Cell players see sharp fall in revenue per user — Study highlights value-addition
THE mobile operators in the country are facing revenue shrinkage in their quest for acquiring more customers as tariffs come tumbling down, a PricewaterhouseCoopers study for the Cellular Operators' Association of India (COAI) has said. The ... More

MobileFirst unveils two packages
THE MobileFirst alliance, consisting of BPL Mobile, Escotel, RPG Cellular and Spice Telecom, on Thursday announced two common tariff plans among its members. One plan is at a monthly rental of Rs 399 and airtime tariff of Rs 1.50 per minute ... More

FDI in telecom — Raising limit may not ring in foreign capital
According to a senior Bharti officials, while the hike in FDI limit is necessary, it is not a sufficient condition for growth of the telecom sector which continues to be bogged down by regulatory and policy uncertainties. More

BSNL topples Spice for second spot in Karnataka
THE State-owned Bharat Sanchar Nigam Ltd (BSNL), which displaced Spice Telecom from the position of the second largest cellular company in Karnataka within five months of its launch, has attributed its success to its extensive network in the ... More

STOCKS

Satyam Comp volumes shoot up on NSE
According to stockbrokers, the sharp rise in the volume was due to two factors. First, the company announced its quarterly results today and April futures and options contracts in the derivatives market also expired today. More

FINANCIAL PERFORMANCE

Satyam revenue up 14.7 pc; earnings flat — Writes off Rs 152-cr investment
SATYAM Computer Services Ltd has recorded revenues of Rs538.4 crore from software services for the fourth quarter ended March 31, 2003. It posted a net profit of Rs 115.79 crore against Rs 115.15 crore in the corresponding period of the previous ... More

Satyam: Uninspiring performance
THE performance of Satyam Computer Services in the quarter ended March 2003 has been in line with the guidance given in January. That, however, is the only good news. Trends such as decline in earnings and pressure on operating margins have ... More

HCL Info Q3 net rises three-fold
According to Mr Ajai Chowdhry, Chairman and CEO, HCL Infosystems, robust sales of PCs, particularly to the Government sector, helped the company achieve good results. More

SOFTWARE

Nasscom upbeat on $50-b target
THE National Association of Software and Service Companies (Nasscom) sees no reason to revise the $50-billion export target by the year 2008 in the wake of conservative guidance by major IT companies and the prevailing uncertainty in global ... More

MoUs for IT park at KITEL soon
A memorandum of understanding for setting up the proposed IT park at the Kinfra Information Technology and Electronic Park (KITEL) at Kakkanad, near Kochi, is likely to be signed soon, according to Mr N. R. Mahalingam, Chief Operating Officer, ... More

Satyam plans to grow via M&As
"IN fiscal 2004, mergers and acquisitions will be important for Satyam. While we continue to focus on organic growth, Satyam Computer is looking at mergers and acquisitions to swiftly ramp up operations," the Chairman of Satyam Computer, Mr B. ... More

Wipro bags TeliaSonera order
BANGALORE: Wipro Technologies has won an order from Nordic telecom operator, TeliaSonera. The project involves integrating the fixed network production business unit for TeliaSonera Sweden's operational support systems to the next ... More

IT TRAINING

Keltron's training initiatives and tech partnerships
THIRUVANANTHAPURAM: Keltron's IT training initiative resulted in a fair increase in the number of students enrolling for the programme at the company's 12 centres spread across the State. Major investments have been made in setting up a ... More

MERGERS & ACQUISITIONS

Wipro to buy US consulting firm for $18.7 m
WIPRO Ltd has signed a pact to acquire US business and IT consulting firm NerveWire Inc for $18.7 million in all cash deal. Wipro expects the transaction to be completed in the quarter ending June 2003, subject to regulatory approvals. ... More

RIGHTS ISSUES

Cybermate to extend rights closure again
SUBDUED capital market conditions have once again forced the Hyderabad-based software solutions company, Cybermate Infotek Ltd, to extend the closure of its ongoing rights offer which has failed to evoke reasonable response so far. While the ... More

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