Financial Daily from THE HINDU group of publications
Thursday, December 11, 2003
Markets (Dec. 10)
BL 2501885.78 (+17.56)
BSE Sensex5285.54 (+58.20)
S&P CNX Nifty1686.90 (+11.05)
US Dollar (Buy/Sell)45.50/45.63
Gold Std (10 gm)6080 (-5)

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Cell cos demand reduction in BSNL subsidies
THE private cellular operators have called for a reduction in subsidies of the Bharat Sanchar Nigam Ltd (BSNL) in lieu of its ``large accumulated reserves and year-on-year profits.'' In their response to the consultation paper on unified ... More

AirTel launches InnoWest for western region subscribers
IN a bid to expand network coverage in Western India, AirTel plans to invest an additional Rs 100 crore, taking the total investment in the region to Rs 1,605 crore. With these fresh investments, AirTel will gear up to expand its services to 45 ... More

Chennai Telephones launches call centre, to double mobile towers
THE Chennai Telephones hopes to give private cellular operators a run for their money by doubling its mobile network base towers in six months to provide better mobile connectivity in the city. Bharat Sanchar Nigam Ltd entity plans to have 244 ... More

  • Hutch offers new scheme
  • AirTel in Christmas spirit

    HARDWARE


    Wipro launches sub-55 k PC
    TAKING the MNC competition head-on in the notebook segment, Wipro Infotech has launched its entry-level notebook WiproLittleGenius1000D on Tuesday. Priced at Rs 54,990, the Intel Celeron 2.4 GHz processor-based WiproLittleGenius1000D is ... More

    MAIT calls for tax cut on hardware products
    THE Manufacturers Association for Information Technology (MAIT) has renewed its demand seeking reduction in taxes on hardware products so as to make IT more affordable to the masses. In its pre-Budget recommendations, MAIT has called for ... More

    SOFTWARE


    TCS sites Asia-Pacific hub in Singapore
    TCS announced the incorporation of its new subsidiary, Tata Consultancy Services Asia Pacific Pte Ltd (TCS APAC), on Wednesday. The subsidiary would function as the headquarters for the Asia-Pacific region. The company has investment in excess ... More

    SIS to invest $2 m more in Hyderabad centre
    SURGICAL Information System LLC, the Atlanta-based technology solutions provider for hospitals and surgical theatres, plans to expand operations at its development centre in Hyderabad with an investment of $2 million by the end of ... More

    Comsat offers tool to hone staff skills
    COMSAT Max, a managed corporate connectivity and hosting applications provider, has forayed into learning management services through application service provider (ASP) model, where the company sees a huge untapped market. The Managing Director ... More

    Oracle begins work on campus in Hyderabad
    ORACLE India has begun work to develop a 6,00,000 sq.ft multi-storeyed, 1,000-car park technology campus to be located in a 7.3-acre site at the Hitec City in Hyderabad. This centre, to be ready over next three years in a phased manner, will ... More

    New version of Pramati Studio
    HYDERABAD: Pramati Technologies has announced the availability of Pramati Studio 3.5, its latest release of J2EE (Java to Enterprise Edition), said to deliver increased productivity and user-experience to development teams. The Chief ... More

  • Color Chips to amend resolution for equity offer

    MERGERS & ACQUISITIONS


    Infogain buys two BPO firms
    The company is investing $5 million to expand its India operations. More

    ISPS


    BSNL revives plan to lease bandwidth — Becomes country's largest ISP
    HAVING become the largest Internet service provider (ISP) in the country with over eight lakh subscribers, Bharat Sanchar Nigam Ltd now plans to consolidate its position by aggressively pursuing its existing landline subscribers and has revived ... More

    VENTURE CAPITAL


    Carlyle in `active talks' with 3 cos
    The firm funds mature companies with sizeable front-ends in the US market. More

    PEOPLE


    Bhatnagar quits Cognizant
    MR Raju Bhatnagar, Vice-President and Head of Cognizant Technology Solutions's business process outsourcing (BPO) operations, has quit. Confirming the development, Cognizant's spokesperson said that Mr Bhatnagar had left the company to pursue ... More

    CEO for Elind Comp arm
    BANGALORE: Elind Computers, a software products and solutions provider to the security industry, has appointed Mr Greg Johnston as the President and CEO of its subsidiary, Elind Inc, New York, as part of efforts to strengthen its presence ... More


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    Nicholas Piramal looking for buyers for tail-brands: Ajay

    Telgi scam effect — Banks to source stamp paper from treasury

    Dysfunctional financial activism

    Oil Ministry moots cut in duties — Move may hit refining margins

    Is obesity tax a healthy option?

    In Focus
    Steel Industry in 2003
    Outsourcing backlash
    Stamp paper scam
    Housing finance scenario
    Insurance Round-up — 2003
    Organic farming
    The Cable tangle
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    Rising intolerance
    (The Hindu)
    Vaishnavaite Temples in Tamil Nadu
    (The Hindu)
    Saivite Temples in Tamil Nadu
    (The Hindu)

    In Depth
    Insurance Corner
    Swati CA
    Simple Economics
    Slowburn
    Tax Talk
    NRIs & Investment Avenues
    Iraq Diary

    Looking back
    Nov. 30-Dec. 6
    More mobiles, and sparrows take flight

    PC majors join `assembled' race

    Mandatory Net exchange link-up for ISPs soon

    Outsourcing for development

    Software majors hire more, earn less

    Bharti close to buying 2 cos in new circles

    Cellular base expands by 1.9 m in November


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