Financial Daily from THE HINDU group of publications
Saturday, August 30, 2003
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OUTSOURCING


SDV Tech plans BPO centre in Chennai
SDV Technologies, a banking and financial solutions company, is planning to set up a 100-seat business process outsourcing (BPO) centre in Chennai later this year, besides going for a public issue by November-end. Addressing newspersons here on ... More

TELECOMMUNICATIONS


Bharti ranked 14th best employer
Bharti Tele-Ventures Limited (BTVL) has been ranked 14th best employer amongst the top 25 companies in India, according to the survey conducted by Hewitt-BT. Bharti Tele-Venture's is the only company whose HR department has received a special ... More

Tata Tele to add over 1 lakh subscribers by March next
TATA Teleservices Ltd today said it plans to add over one lakh subscribers by March next year including pre-paid services which would commence in two months' time. ``With the existing towns itself, we should cross over two lakh subscribers. ... More

Call centres allowed to make outgoing calls
Currently, domestic call centres are permitted only to receive calls at various other cities, which are carried over leased line to the city where the call centre is located. More

India Post (TN) to market Airtel prepaid cards
INDIA Post, Tamil Nadu circle, has emerged a trend-setter by entering into a collaborative agreement with Bharti Cellular Ltd, for marketing the Airtel Magic pre-paid SIM cards at select post offices and RMS (Railway Mail Service) offices. ... More

Touchtel to offer railway info
CHENNAI: Touchtel, the fixed line services of the Bharti group, has launched a railway enquiry system in association with Southern Railway and Lattice Bridge Infotech. This interactive voice response service, accessible by dialing 133, ... More

INFRASTRUCTURE


Raheja group to develop Mindspace techno-campus park in Cyberabad
THE Mumbai-based diversified K. Raheja Group is set to invest over Rs 400 crore in Mindspace techno-campus-cum-park in Cyberabad. In phase one, an initial investment of about Rs 120 crore to Rs 150 crore would be made. To be executed through a ... More

TAXATION


Tax on software transactions — `India need not toe OECD line'
Tax authorities here are taking a position that software payments from the country to the US are taxable as "royalty." More

HARDWARE


Moser Baer EGM okays change of auditors
OPTICAL media maker, Moser Baer India Ltd (MBIL), has said its shareholders have approved the appointment of K.C. Khanna & Co as the new statutory auditors of the company in place of S.R. Batliboi & Co. The company said in a statement that the ... More

SOFTWARE


Mastek keen to grow million-dollar deals — BPO joint venture to widen scope of operations
As part of the growth strategy, Mastek has shifted gears to focus on providing software services from being a product-oriented company, at a time when most software firms are headed in the opposite direction to move up the software value chain. More

Kerala offers incentive scheme for IT cos
THE State Government has formulated an incentive scheme envisaging a lump-sum payment of Rs 50 lakh to leading IT companies that commit `major' investments in the State. Announcing this here, an official spokesman said that the scheme, called ... More

`Domestic market vital for Wipro Infotech'
THOUGH Wipro Infotech has emerged a truly global corporation, the domestic market will continue to be a very critical component of its growth strategy, its President, Mr Suresh Vaswani, said. He said the company's focus had, in the last two ... More

Wipro Infotech eyes Coimbatore market pie
IT solutions provider Wipro Infotech has set its eyes on the budding Coimbatore market not for establishing a development centre but to grab a bigger share of the market for its products and services. Corporate sector investment in IT solutions ... More

e.Star plans acquisition
MUMBAI: E.STAR Infotech has informed the Bombay Stock Exchange that it is planning to acquire a company to set up a marketing base for its software products in Singapore. Mr Mahesh Thanvi, Managing Director, told Business Line ... More

ISPS


TRAI asks BSOS to be non-discrimnatory
THE Telecom Regulatory Authority of India has asked all the basic service operators to be non-discriminatory in provision of infrastructure facilities to Internet service providers. According to an official statement, this is being done to ... More

OUTLOOK


SRA Systems upbeat; has BPO plans too
"Small and medium enterprises looking for IT solutions are not confident that big technology vendors would give them the attention they want. Also the deal sizes are smaller and the big vendors may not be interested in them." More
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Looking back
Aug. 17-Aug. 23
TDSAT judgment — It is now the Government's call

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Cadence pips Infy in best employer race: Survey


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