The Hindu Business Line : Saturday, June 21, 2003

BSNL, MTNL freed of tender shackles
IN what has turned out to be a long wait for BSNL and MTNL, long after they had been promised of freedom from the shackles of tenders, their procurement polices have finally been reworked to enable them to take faster and more transparent ... More

`Final orders on ICU charges before Aug '
THE Telecom Regulatory Authority of India (TRAI)'s final order on Interconnect Usage Charges (IUC) and allied issues will be issued before August 1, according to Mr Pradip Baijal, Chairman of TRAI. Stating this during an interface with ... More

Airtel extends cellular coverage in TN

HARDWARE

Industry wants fast action on draft hardware policy
INDUSTRY representatives, including the apex body for IT manufacturers represented by MAIT, have called upon the Government to announce the hardware policy at the earliest. The President of Manufacturers Association of Information Technology ... More

SOFTWARE

TCS crosses $1-b revenue mark
TATA Consultancy Services (TCS) on Friday announced that it has crossed the $1-billion revenue mark for 2002-03. The company, however, did not disclose its profit earnings for the year. "TCS has recorded revenues of Rs 5,012 crore ($1.04 ... More

`India moves up in Oracle income'
ORACLE Corporation sees India as one of its most important markets in the Asia-Pacific region as business from the country for the world's second largest software company is steadily climbing, a top company official has said. "India has been ... More

HCL Comnet firms up plans for Bangladesh
HAVING bagged a Rs 31-crore network management order from National Insurance Company Ltd, HCL Comnet Ltd is firming up plans to extend its footprint to Bangladesh where it hopes to be a major player in IT infrastructure management ... More

Trolltech wants to be part of Bollywood
NORWAY-BASED Trolltech is focussing on the Indian animation and entertainment industry for its Qt development framework. By allowing one to write piece of software and port it to multiple platforms with a simple `recompile', it offers a ... More

Inspan Info plans trade shows

Emerson opens design centre in Pune

INTERNET

New Web site on India, China business info
THE Confederation of Indian Industry (CII), in association with the National Association of Software and Services Companies (Nasscom), has developed a new Web site on Indo-Chinese business information. The Web site (More

IT TRAINING

Aptech plans expansion
WITH the ongoing merger process with SSI Ltd set for completion shortly, Aptech Ltd, the IT education training major, has drawn up plans to expand and reposition its education business strategically and increase the authorised share capital of ... More

IBM India in pact with WBUT for IT education
THE West Bengal University of Technology (WBUT) on Friday signed a memorandum of understanding (MoU) with IBM India with a view to taking forward the State's IT learning initiatives. The MoU would seek to focus on cost-effective technologies, ... More

INDUSTRY ASSOCIATIONS

Nasscom charts 4-pronged plan to tap huge potential — `HR, big challenge to animation sector'
"We are at advanced stage of discussions and soon co-production treaties with Canada, the UK and New Zealand will materialise' according to Mr Amit Khanna, Chairman, Reliance Entertainment Ltd. More

MERGERS & ACQUISITIONS

GE Medical merges Europe, Asia units
BANGALORE: GE Medical Systems on Friday announced that it has combined the Europe and Asia regions into a single international diagnostic imaging operation. The combined entity to be known as GE Medical Systems International, will ... More

ALLIANCES & JOINT VENTURES

ACL ties up with SmartTrust

BROADBAND

Dishnet shelves undersea cable plan
THE Chennai-based DishnetDSL Ltd, which at one time had said it was in competition with the Bharti-SingTel combine to complete the submarine cable project, has shelved its undersea cable project. It has contracted STM-4 (622 Mbps) bandwidth ... More

ENTREPRENEURSHIP

TiE Kerala to don mentor role
IN a departure from the past, TiE Kerala has finalised an action plan for taking up the duty of mentoring to aspiring and existing entrepreneurs in the State. This follows the overwhelming response to the monthly meetings organised by TiE ... More

VENTURE CAPITAL

FutureSoft gets $4-m funding

IT-ENABLED SERVICES

Call centres exempt from service tax
THE Finance Ministry has said that the eight per cent tax on new services announced in the 2003-04 Union Budget would be effective July 1, even as it clarified that medical transcription and call centres and computer, vocational and recreational ... More

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