Financial Daily from THE HINDU group of publications
Saturday, August 02, 2003
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TRAI issues tariff format for service providers
The guidelines are intended to help the consumer to be better aware of the overall financial expenditure incurred under any particular tariff package. More

Reliance to look into Pioneer subscribers' woes
IN the backdrop of a super-hit Hungama offer wherein Reliance Infocomm added over a million subscribers in July alone, the company has assuaged feeling of some of the customers of the Pioneer offer who expressed concern about changes in certain ... More

DoT comes to rescue of TRAI on unified licence policy
The DoT said, "The licensor has the power to amend/modify the licence at any time if it is convinced that it is in the public interest to do so or it is in the interest of proper conduct of telegraph". More

AirTel unveils new tariff for post-paid
AIRTEL, the cellular brand of the Bharti group, has crossed the four-million subscriber mark, even as it retains the number one position in the sector. Disclosing this Mr Manoj Kohli, President - Mobility, Bharti Tele-Ventures Ltd, said that to ... More

INFRASTRUCTURE


Muthoot group to build Kochi IT Technopolis
THE Muthoot Pappachan Group, the Kerala-based diversified corporate group, has been awarded the IT Technopolis project that will be developed on BOT basis along the new Seaport-Airport Expressway in the Cochin Special Economic Zone (CSEZ). ... More

TAXATION


A disservice to BPOs
K. Vaitheeswaran on the negative impact of service tax on business process outsourcing activities. More

FINANCIAL PERFORMANCE


Ramco Systems posts Rs 15 crore net loss
THE Chennai-based Ramco Systems has reported increased net loss of Rs 15.01 crore on revenues of Rs 16.67 crore for the quarter ended June 30, 2003 compared to net loss of Rs 8.16 crore on revenues of Rs 17.37 crore for the corresponding quarter ... More

Tata Infotech posts Rs 12-cr net in Q1
TATA Infotech has turned around to post a net profit of Rs 12.02 crore in the quarter ended June 30, 2002, as compared to a net loss of Rs 1.13 crore suffered in the previous corresponding quarter. The revenue earned grew 41 per cent to Rs ... More

SSI education business buy pays off — Aptech Q2 net triples
APTECH Ltd has announced a three-fold growth in net profit for the second quarter ended June 30 at Rs 3.11 crore over Rs 1.06 crore in the corresponding previous period. Following the acquisition of SSI's education business on April 1, ... More

SOFTWARE


IBM aims to be top IT firm in India soon
LEVERAGING on its services business, IBM, the global computing giant, hopes to become the largest IT company in India "in a reasonably short period of time," a top company official said. "The vision for IBM in India is to be the number one in ... More

Cognizant to set up techno-complex in Chennai
THE Rs 125-crore techno-complex of Cognizant Technology Solutions will be another addition to the list of software development centres on the Old Mahabalipuram Road, the city's cyber corridor. While work at the centre is half way through, ... More

School timetable software
HYDERABAD: DS Unics Infotech Ltd, a Hyderabad software services provider, has developed `Unique Timetabler' software that is useful for teachers and administrators in schools. Addressing a press conference here, Mr D.R.R. Swaroop, ... More

MERGERS & ACQUISITIONS


Hindujas buy Philippine call centre unit
THE Hinduja group has bought a 930-seat call centre unit — Customer Contact Centre Inc, for an undisclosed sum from Manila-based Benpres Holdings Corp. Benpres, in a statement to the Philippines Stock Exchange, disclosed that it had sold ... More

BROADBAND


Bharti Broadband gets 50% data market
IN less than two months since starting commercial operations for international data bandwidth, Bharti Broadband Networks Ltd (BBNL) has garnered close to 50 per cent market share. According to Mr Ashok Juneja, CEO, BBNL, the broadband and data ... More

STANDARDS & BENCHMARKS


Software sector to focus on quality
IN the backdrop of heightened competition and the country having amongst the highest certified players in software and call centre/BPO players, the Asian leg of Software Engineering Process Group (SEPG) conference, focussing on excellence and ... More

It pays to get quality certification
THE Chief Minister, Mr N. Chandrababu Naidu, on Friday said that as per the State ICT policy, the Government will reimburse up to 20 per cent of the costs incurred by IT companies on securing quality certification of SEI CMM Level 2 and ... More

NEW PRODUCTS & SERVICES


MS Accelerator launched
HYDERABAD: Microsoft Corporation has launched the MS Accelerator platform that integrates enterprise project management and business management and enables seamless flow of information thereby bringing down overall cost of data flow and ... More
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