Financial Daily from THE HINDU group of publications
Wednesday, November 19, 2003
Markets (Nov. 18)
BL 2501747.81 (-14.16)
BSE Sensex4891.13 (-49.10)
S&P CNX Nifty1564.40 (-15.50)
US Dollar (Buy/Sell)45.57/45.71
Gold Std (10 gm)5880 (-30)

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STORAGE


EMC plans to invest $100 m in India
EMC Corporation, a US-based developer of software, hardware and networks for data storage, will invest $100 million in India over the next five years to expand research and development (R&D) and strengthen the marketing team. "EMC is making a ... More

TELECOMMUNICATIONS


Pvt basic operators escape village phone targets — Unified licence bypasses obligations
RELIANCE Infocomm, Tata Teleservices and Shyam Telelink have managed to escape their rural telephony commitments by migrating to a unified access service licence, just weeks before their latest deadline of end-December which had been set by the ... More

Number portability — India not ready to get connected
NUMBER portability is a feature that allows a mobile subscriber to use the same number across different service providers. The person/user has the liberty to opt for any service provider without the time-consuming ... More

Bharti applies for licence in 6 new circles
THE Bharti Group has joined the dash for unified licences, by applying for six new telecom circles where it does not offer cellular services at present. According to an official statement, the company has decided to roll out its services in ... More

Idea Cellular launches daily pre-paid card
THE single serve sachet of soap, shampoo or oil, a feature peculiar to the Indian FMCG industry, now has its equivalent in the pre-paid cellular card segment as well. Idea Cellular has announced the launch of arguably India's first daily prepaid ... More

Reliance Infocomm to promote Kal Ho Naa Ho through mobile
RELIANCE Infocomm has tied up with filmmakers Mr Yash Johar and Mr Karan Johar for promotion of their "latest blockbuster" `Kal Ho Naa Ho' through Reliance IndiaMobile Showtime. Reliance IndiaMobile customers can watch movie trailers on ... More

Tata Tele (Maha) to get unified access licence
TATA Teleservices (Maharashtra) Ltd's application for migration to the unified access service licence (UASL) has been accepted by the Department of Telecommunications. The company will get two licences — one for Mumbai metro and another ... More

SOFTWARE


Virtusa to ramp up India operations; eyes Chennai
VIRTUSA Corporation, a high-end engineering and technology solutions provider, is planning to ramp up its Indian operations to meet its growing global business needs. It is considering entry into another southern site, possibly Chennai. The ... More

IBM `Express' package for small businesses
IBM India will sell a complete information technology package tailored to meet the needs of small- and medium-sized businesses (SMBs). The package includes computers, software, solutions and after-sales service. The package has been branded ... More

Accelrys launches R&D centre
ACCELRYS Software Solutions has launched its India R&D centre with 50 staff on board, which it plans to double in the next few months. With investments over $2 million, Accelrys expects the centre to cater to the requirements of Accelrys Inc, ... More

IT TRAINING


  • ITC Infotech launches educational initiative in Bangalore

    HUMAN RESOURCES


    IT sector to come under Contract Labour Act
    SERVICES in the information technology (IT) and IT-related sectors are being brought under the ambit of the Contract Labour Act along with 12 other sectors identified by the Government for this purpose. Currently IT and related sectors employ ... More

    SAP to double headcount
    SAP AG said on Tuesday that it planned to double its employee strength in India from the current level of 750 to 1,500 by end-2004. Mr Peter Zencke, member of the executive board of SAP AG, told a press conference that the German company was ... More

    OFF-SHORE DEVELOPMENT


    S2Tech plans 1,000-seater facility
    S2TECH, a US-based information technology company headquartered in Chesterfield, plans to expand the strength of its offshore development centre at Hitec City here to 400 by the end of 2004. At present, the company has 75 employees across the ... More

    SECURITY


    `Safety, a myth in cyberspace'
    DO you jumble your passwords with `$$$'s and ##**s to make them impregnable? Do you carry out e-commerce transactions over the Net frequently thinking your card is safe? You'd better watch out. For, computer forensics experts warn there's nothing ... More

    PRS Permacel in talks with UK co for tech exchange
    PRS Permacel Pvt Ltd, a brand security solutions provider, is in talks with Delarus, UK, for exchange of technology for customised brand protection products. Addressing a press conference here today, Mr N.S. Shenoy, Vice-President - ... More

    BROADBAND


    Data Access keen on sea cable venture
    IN order to feed the capacity requirements for its mega business process outsourcing (BPO) venture in Bangalore, Data Access India Ltd has plans to participate in a new $100 million (about Rs 456.3 crore) undersea cable project between India and ... More

    EVENTS


    Don't lower bar, Nasscom tells animation sector
    INDIAN animation industry has the potential to grow to a $1.5-billion one by 2005 from the present size of $1 billion. It can even command a great chunk of the global market, which is likely to touch $70 billion in another two years. All it needs ... More

    TRENDS


    Breathing easier
    The pressure's easing, ever so slightly, on pricing and profitability margins for Indian software players. A steady Rupee and a global uptick in tech spending are pitching in to help clear the fog. More

    NEW PRODUCTS & SERVICES


    Apple launches new OS, iBook
    APPLE Computer on Tuesday unveiled its latest operating system (OS), `Panther' and notebook computers that are powered by the G4 processors. While the Panther has more than 150 new features, the new iBooks offer advanced connectivity and ... More
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  • The Hindu eBooks

    Mid-Term Monetary and Credit Policy for the year 2003-2004

    Pick a Winner Stock Market Contest

    Top Stories
    Scope for more pharma exports — India-Africa Health Summit today


    Pvt basic operators escape village phone targets — Unified licence bypasses obligations

    Who rules the automobile market really?

    Rabi sowing keeps farm output impetus going

    Export growth on course, says Jaitley

    Mid-Term Review of the Economy — Fine-tuning of policies needed

    In Focus
    Rising intolerance
    (The Hindu)
    Vaishnavaite Temples in Tamil Nadu
    (The Hindu)
    Saivite Temples in Tamil Nadu
    (The Hindu)
    A Tribute to Semmangudi
    (The Hindu)
    Organic farming
    In Chennai
    The Cable tangle
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    In Depth
    Swati CA
    In Kashmir
    Simple Economics
    Slowburn
    Tax Talk
    NRIs & Investment Avenues
    Corporate Governance
    Iraq Diary

    Looking back
    Nov. 9-Nov. 15
    Unified licensing regime — Small cellular units set store by `alternate solutions'

    KPO - the next wave to BPO: High-end knowledge services in keen demand

    Pay hike highest in India: Survey

    Now, SMS to woo voters

    IT spend to rise 4 pc in US next year: Forrester


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