Financial Daily from THE HINDU group of publications
Wednesday, May 28, 2003
Markets (May 27)
BL 2501126.31 (-8.09)
BSE Sensex3081.94 (-14.75)
S&P CNX Nifty976.85 (-5.60)
Dollar (Buy/Sell)46.83/46.96
Gold Std (10 gm)5770 (+30)

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Concrete clicks
It's brick-and-click from brick-and-mortar. The tech industry is taking a brick from the construction sector to follow the build, operate and transfer (BOT) model to make IT business click. Talk of a solid model for success. More

Aspinwall sets up BPO centre
ASPINWALL and Co Ltd, one of the oldest companies in Kochi, has forayed into ITES by setting up a modern international business process outsourcing (BPO) centre in its premises at Calvetty near here. The BPO centre known by name e MERGE has ... More

BPO park facility in Dubai
THE first business process outsourcing (BPO) Park facility in West Asia was launched on Tuesday at Dubai Internet City. The initiative leverages Dubai Internet City's advantages as an ideal location to base IT-enabled services to offer high ... More


Cabinet rejects BSNL financial package — `Concessions through Tenth Plan period not justified'
IN a major setback for telecom behemoth Bharat Sanchar Nigam Ltd (BSNL), the Union Cabinet has rejected the financial package totalling over Rs 23,000 crore, that included full reimbursement of its licence fees and spectrum charges till the year ... More

Eye over the ear
Asians seem to have an aversion to leaving recorded voice messages and prefer the non-intrusive SMS instead. It's a question of being more `visually oriented.' More

Pre-paids soon from Tata Indicom
The company is looking at the feasibility of introducing SIM card-based CDMA phones. It will be offering SMS services shortly followed by multi-media messaging before the fiscal year ends. More

Hutch using street plays to reach masses in AP
HUTCHISON Essar South Ltd, the private cellular services provider in Andhra Pradesh and several other circles, has taken a non-conventional and yet innovative medium of theatre arts and street plays to reach out to specific target groups, in a ... More

BSNL hopeful of 5 m customers by year-end
BHARAT Sanchar Nigam Ltd (BSNL) is hopeful of having a cellular customer base of five million by end-March 2004. Currently, it a cellular customer base of around 2.8 million, according to the Chairman and Managing Director, Mr Prithipal ... More


FII pie up, public stake down in top IT cos
TIER-I information technology stocks including Infosys and Satyam Computers seem to have lost their charm among retail investors in the last one year. On the contrary, there has been an increased liking for tier-II (mid-sized) IT companies ... More


EC drops dumping process against Moser Baer India
THE European Commission (EC) has terminated anti-dumping proceedings against Moser Baer India Ltd (MBIL) with regard to the manufacturing of recordable compact disks (CD-Rs). "The favourable final conclusion of the dumping investigation, and ... More

Indian server market Q1 growth at 27%
THE domestic server market revenue grew by 27 per cent in the first quarter of 2003 over the figures recorded in the same period last year, registering the highest growth in the Asia Pacific market. According to Gartner Inc, revenue in the ... More


Receding cheer
It looks like the software party's over, if one goes by what's been happening in recent times. It's back to the blues. More

Wipro Tech bullish on infrastructure services
WIPRO Technologies, the IT services arm of Wipro, is bullish about its Technology Infrastructure Services business to boost revenues. The business grew 10 times in the last three years for Wipro and now contributes $44 million, or 8 per cent of ... More

netGuru Inc India units post 40 pc growth
RESEARCH Engineers Ltd and netGuru India Pvt Ltd, outfits under the umbrella of netGuru Inc of the US, have achieved a cumulative growth of 40 per cent on their operations during the fiscal 2002-03. The companies are engaged in software ... More


IIITM-K to branch out to embedded systems
AFTER having established itself as a leader in the area of information systems, e-learning systems and knowledge management areas, the Indian Institute of Information Technology and Management-Kerala (IIITM-K) is now seeking to move into embedded ... More


Data Access starts US operations
DATA ACCESS America Inc, the wholly-owned subsidiary of Data Access (India) Ltd has announced operations in the US with plans for rapid expansion into Mexico and Latin America. Data Access is the first South Asian carrier to launch ILD services ... More


SQC close to deals with banks
THE Bangalore-based Software Quality Centre (SQC), transition partner with the Software Engineering Institute of Carnegie Mellon University and lead assessor against CMM and CMMI models, is extending the information systems (IS) security and ... More

CBI system to monitor on-line cyber crimes
WITH an increasing number of economic transactions originating from the country going online, the Central Bureau of Investigation (CBI) has put in place a system of 24-hour monitoring and exchange of information on technology-related crimes with ... More


Waiting to hit the air
The National Internet Exchange of India or Nixi is waiting to take off. It promises lower bandwidth costs for the ISPs and, hopefully, faster, cheaper surfing for their customers. More
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