Financial Daily from THE HINDU group of publications
Thursday, October 16, 2003
Markets (Oct. 15)
BL 2501701.97 (+13.14)
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US Dollar (Buy/Sell)45.64/45.78
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OUTSOURCING


India can double BPO pie share in 2 years: Corbett
OUTSOURCING to India will grow at over 50 per cent year-on-year, and India could double its share of the $1 trillion global IT services and BPO outsourcing pie in a year or two, said Mr Michael F. Corbett, outsourcing guru and President and CEO, ... More

South tops as BPO destination
BANGALORE: Bangalore, Hyderabad and Chennai in the South, Mumbai and Pune in the West and the NCR in the North are the best destinations for new BPO operations, scoring over other cities on skills available, costs, real-estate suitability, ... More

TELECOMMUNICATIONS


BPL Mobile finance scheme for handsets in Kerala
BPL Mobile in association with the Kerala State Financial Enterprise (KSFE), a non-banking financial institution in the State, has announced a zero per cent interest finance scheme for handsets along with its post-paid subscription. In this ... More

Cell operators flay ABTO petition in SC
THE cellular operators on Wednesday criticised the appeal filed by the basic operators in the Supreme Court seeking direction on the ruling of the Telecom Dispute Settlement and Appellate Authority (TDSAT) and said that the move may prove to be a ... More

`Telecom recovery must rely on applications not technology'
THE problem facing the telecom industry have been its attempts to force-fit applications to the technologies created, said Mr Martin Cooper, Chairman and Chief Executive Officer of the US-based Arraycom Inc. He is considered the father of the ... More

Bharti Tele's CP programme gets P1+
BHARTI Tele-Ventures (BTVL) has received the highest rating of `P1plus' from Crisil for its Rs 100-crore commercial paper programme. The rating reflects BTVL subsidiary Bharti Cellular's continuing profitability in the cellular business despite ... More

FINANCIAL PERFORMANCE


KPIT Q2 income up 63 pc
MUMBAI: KPIT Cummins Infosystems Ltd has recorded a 63 per cent jump in revenues at Rs 29.74 crore (Rs 18.29 crore) for the second quarter ended September 30. According to the company's unaudited results taken on a consolidated basis, ... More

SOFTWARE


KPIT to tap mid-tier US cos
POST-ACQUISITION of Houston-based PANEX Consulting, KPIT Cummins Infosystems Ltd is planning to aggressively tap the mid-tier US companies, especially in manufacturing verticals for offering ERP implementation services. "We see a major ... More

Computer Sciences expands operations
COMPUTER Sciences Corporation, NYSE-listed $ 12.5-billion IT services major, has announced plans to locate its fifth development centre in the country and its first in the South at Hyderabad and recruit about 500 people over the next six ... More

Cap Gemini to begin Bangalore operations
CAP Gemini Ernst & Young is all set to start operations in Bangalore with 1,000 people, as part of its expansion plans in India. The global system integrator, plans to add 2,000 people in India in a year."About a fifth of these people will be for ... More

JP Mobile tool for data access
HYDERABAD: JP Mobile, a software provider for mobile devices, has announced that SureWave Enterprise Server 4.1, set for launch this month, will support browser-based access to corporate data from mobile phones with WAP (wireless ... More

Lanner network security device
BANGALORE: With network security management becoming an increasingly important sector of the IT industry, Mumbai-based Lanner Electronics India Ltd (LEIL) has come out with a network security appliance, specially for small and medium ... More

  • Sharjah co picks Cordys tool

    IT TRAINING


    I2IT to train Indonesian students
    PUNE: The International Institute of Information Technology (I2IT), Pune has signed a memorandum of understanding with an Indonesian university - University of Padjadjaran (UNPAD) and an Indonesian company - Yayasan Hassaram Indonesia, to ... More

    Mass IT literacy drive
    NEW DELHI: Computer Society of India (CSI), in association with Aptech Computer Education and SSI Education, has flagged off the `India Akshar Mission', as part of its `IT for masses programme'. This mass literacy mission aims to empower ... More

    PEOPLE


    Dubey, new ED for MTNL Mumbai
    MAHANAGAR Telephone Nigam Ltd, Mumbai, is going to be headed by a new Executive Director, Mr R.L. Dubey. Mr Dubey had only recently been posted as Executive Director of MTNL at Delhi but has been asked to take charge of Mumbai following the ... More

    NEW PRODUCTS & SERVICES


    New Oracle product for small businesses
    ORACLE India on Wednesday announced the roll out and availability of Oracle Standard Edition One in India along with its global launch that seeks to address the database management needs for unique and yet challenging needs of small and ... More
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    For this Iraqi, it's thank you Bush

    Vietnam set to overtake India in rice export — Halt in shipments, dwindling stocks

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    In Focus
    Cola Controversy
    The Cable tangle
    Indo-China Relations
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    In Depth
    Swati CA
    In Kashmir
    Simple Economics
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    Looking back
    Oct. 5-Oct. 11
    `No immediate impact due to lower H1 visa cap' — About 4 lakh visa holders available in the country, says Nasscom

    Shake-out soon in contact centre biz: Survey

    HP sees robust growth in PC sales

    India may gain from US labour shortage: Study

    Unified licence without Parliament nod criticised

    Infosys plans software services centre in China

    Reliance Info, MS TV in IPTV services deal

    `BPO vendors overrate expertise'


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