Financial Daily from THE HINDU group of publications
Thursday, October 02, 2003
Markets (Oct. 1)
BL 2501600.48 (+3.64)
BSE Sensex4455.08 (+1.84)
S&P CNX Nifty1420.85 (+3.75)
US Dollar (Buy/Sell)45.55/45.68
Gold Std (10 gm)5790

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ESOPS


Geodesic board okays ESOP
MUMBAI: The Mumbai-based Geodesic Information Systems Ltd has informed the BSE that the company's board of directors at their meeting held on September 26have approved allotment of shares under the Employee Stock Options Scheme. The ... More

TELECOMMUNICATIONS


BSNL to streamline supply of SIM cards in Kerala
SKEWED demand-supply position with regard to `Excel' pre-paid services has drained available Intelligent Network (IN) switch capacity in the Kerala Telecom Circle, leading to a temporary recess in the supply of the SIM cards, according to Mr S. ... More

STOCKS


Digital GlobalSoft surges on merger ratio revision buzz
THE stock of Digital GlobalSoft surged ahead on the bourses on market talk that the company is likely to revise its `merger ratio' with HP Services India Software Organization or HPS-ISO. Digital had signed a definitive agreement with HP its ... More

HARDWARE


D-Link sees $200-m revenue from India
MUMBAI: D-LINK Corporation expects sales of its Indian operations to cross $200 million in next five years. With the Indian networking and communication market estimated to grow at a 25 per cent rate over the next years, D-Link's ... More

Epson India's festive offer
Bangalore: Epson India has launched a festive offer with the purchase of its entry-level inkjet printer, the Epson Stylus C43SX, which gets a VIP Footloose bag worth Rs 695 free with it. The promotion is valid for 35 days, according to a ... More

SOFTWARE


Pentasoft Tech hopes to be debt-free soon — Realty sale to pay off dues
PENTASOFT Technologies expects to become a debt-free company this year, paying off creditors out of moneys to be raised by selling its real estate. The company has debt of about Rs 100 crore. It expects to be able to raise Rs 65 crore by ... More

Silver Soft to step up marketing efforts
SILVER Software, a Bangalore-based company specialising in the development and testing of real-time system software, has stepped up its efforts to market its products in the US and South East Asia as part of its growth plans. The company, ... More

Magic Software to build sales network
MAGIC Software Enterprises, headquartered in Israel, on Wednesday announced investment plans for its Indian operations. Mr Avikam Perry, Vice-President, Research & Technology, and Chief Technical Officer, said here that the company considered ... More

Cos go extra mile to prove the `difference'
With more and more players competing in the same space, companies are looking to differentiate themselves through expertise in `project management and domains'. More

Altiris in pact with Netpro Tech
ALTIRIS, Inc., a provider of systems management solutions that reduce the total cost of owning information technology, has signed a memorandum of understanding with Netpro Technologies Pvt Ltd., Pune, to drive sales, marketing and support of ... More

Adobe design software
Bangalore: Adobe Systems has launched its Adobe Creative Suite, a software product that that offers a complete design environment and combines that new full-version upgrades of adobe Photoshop CS, Adobe Illustrator CS, Adobe InDesignCs and ... More

MERGERS & ACQUISITIONS


Onward Tech to buy Kale's banking products business
We found that the banking space has become overcrowded, says Mr Sumeet Nadkar, CFO, Kale Consultants. More

NEW PRODUCTS & SERVICES


IBM architecting group
BANGALORE: IBM India Software Labs has announced the launch of the `solutions architecting group,' to work with customers in India to provide in-depth product knowledge, design and develop proof of concept and architect solutions. ... More
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Looking back
Sep. 21-Sep. 27
`India is still the best bet for outsourcing'

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Nasscom sees 60,000 info security jobs

Tariffs tumble as users swell


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