Financial Daily from THE HINDU group of publications
Friday, December 19, 2003
Markets (Dec. 18)
BL 2501964.36 (+34.08)
BSE Sensex5455 (+36.77)
S&P CNX Nifty1756.10 (+22.85)
US Dollar (Buy/Sell)45.47/45.60
Gold Std (10 gm)6110 (+20)

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ESOPS


Digital GlobalSoft allots ESOPs
MUMBAI: Digital GlobalSoft Ltd has informed the Bombay Stock Exchange that on December 18, 2003 the company allotted 1,88,436 equity shares of Rs 10 each to the employees who have exercised their options under the company's employee stock ... More

STORAGE


New storage device from HP
BANGALORE: Hewlett-Packard India Pvt Ltd announced the introduction of a new network attached storage device - NAS 2000s, in the Indian market. This is the first NAS device in the world utilising Microsoft's new Windows Storage Server ... More

TELECOMMUNICATIONS


Gartner sees 96 pc growth in cellular phone base
FULL-MOBILITY code division multiple access (CDMA) cellular services and an aggressive competitive response from GSM operators are expected to drive growth in the Indian mobile market in 2004. According to research published by Gartner, ... More

Reliance Infocomm launches roaming at no extra cost
RELIANCE Infocomm has announced a nationwide roaming for all Reliance IndiaMobile (RIM) customers at no extra charge. RIM customers can now carry their Reliance IndiaMobile phones across the pan India Reliance network and make calls at the ... More

BSNL seeks more time for better billing system
THE Telecom Regulatory Authority of India (TRAI) has pulled up Bharat Sanchar Nigam Ltd (BSNL) for failing to install a call detail record (CDR)-based billing system because of which private operators are being forced to make excess payments as ... More

BSNL to expand cell base in Kerala
THIRUVANANTHAPURAM: The mobile network of the Bharat Sanchar Nigam Ltd (BSNL) in Kerala will be expanded with an additional 3.43 lakh connections at a cost of Rs 131 crore, according to Mr K. V. Balasubramaniam, General Manager In Charge, ... More

  • Dravid's hits on Hutch phones

    HARDWARE


    Amkette unveils peripherals range
    ALLIED Electronics and Magnetics Ltd, makers of the Amkette brand of floppy disks, today launched a range of computer peripherals such as keyboard and mouse, targeting a share of the high-end computer peripheral market. The products the company ... More

    LG offer on computer range
    MUMBAI: LG Electronics India Pvt. Ltd (LGEIL), engaged in the display and optical storage devices segment, has announced a promotional scheme for its MY PC range of computers this Christmas season. The scheme, operational currently, will ... More

    SOFTWARE


    TCS loses bid to acquire SAS group arm
    TCS has lost a bid to acquire Scandinavian IT Group (SIG), the software arm of SAS Group. It lost the bid to the US-based Computer Sciences Corp (CSC), which signed a technology services contract today with the Scandinavian airline that could ... More

    i - flex system for Abu Dhabi bank
    BANGALORE: Abu Dhabi Commercial Bank (ADCB) is implementing i-flex solutions' FLEXCUBE core banking system. Scheduled to go live in the fourth quarter of 2004, the solution will facilitate the development of new tailor made products and ... More

    IT TRAINING


    Malaysian project to produce 1-m `ICT' youths
    MALAYSIA has prepared some interesting e-learning strategies as part of its plan to produce one million ICT (information, communication and technology) literate youths during the Eighth Plan. `Rakan eKembangan' (Friend expansion) project is one ... More

    Programme for MCA students
    BANGALORE: Software Technology Group (STG) International has announced a unique programme called Projects@stg in alliance with Manipal e-Commerce Ltd to cater to the needs of final year MCA& BE Students ... More

    IPR


    Teen talent may file for patents
    WATCH out for the new breed of teenage technology researchers. They could soon flash patent certificates. The last batch of Intel talent search had one student filing for patent and if that is any indication, there could soon be more of them ... More

    HUMAN RESOURCES


    Daksh picks IBM to revamp HR
    BANGALORE: Daksh eServices Pvt Ltd has selected IBM to help transform its human resources and finance systems through redesigning its processes and implementing global best practices. Daksh is working with IBM Business Consulting ... More

    MERGERS & ACQUISITIONS


    Infosys to buy Australian firm Expert for $22.9 m
    SOFTWARE bellwether Infosys Technologies Ltd finally announced its much-awaited maiden buy-out, four-and-half years after it listed on the Nasdaq to raise funds for such acquisitions and sifting through 135 companies for the right match. The ... More

    ALLIANCES & JOINT VENTURES


    HPL ties up with French co for UPS
    HPL India Ltd has entered into a joint venture with Socomec S.A., France, to manufacture and market uninterrupted power supply (UPS). The joint venture company, Socomec HPL UPS Private Ltd, proposes to achieve a turnover of Rs 25 crore in the ... More

    ENTERPRISE RESOURCE PLANNING


    ERP market back on growth path
    THE Enterprise Resource Planning (ERP) software market in India is on the growth track, as more manufacturing and service companies start using the software to improve efficiencies, reversing an earlier trend to cut spending on information ... More

    OFF-SHORE DEVELOPMENT


    Sirivisetti plans Rs 4-cr investment in India
    The Indian subsidiary has been created to leverage local talent. More

    SECURITY


    New digital threats in the offing
    DEMOCRATIC societies worldwide it appears are facing a new type of threat dubbed `asymmetric threat'. In this new threat environment, world governments are confronted with a number of low-intensity conflicts characterised by attacks on ... More

    IT-ENABLED SERVICES


    Akiko Callnet to open call centre training institute
    AKIKO Callnet is planning to open 10 centres in Andhra Pradesh during the next one or two months to train graduates and undergraduates to work in call centres, according to Mr Anil Pathak, Country Manager of the company. Mr Pathak said at a ... More

    PEOPLE


    MD of HP arm quits
    BANGALORE: Ms Padma Ravichandar, Managing Director of the Software Engineering Services Group of Hewlett-Packard India Software Operation, the entity that recently got merged with Digital GlobalSoft Ltd, has put in her papers. Confirming ... 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
    Act changes come into force from January — Infant food cos in a spot


    Nepal to emerge as sourcing base for beer?

    Gartner sees 96 pc growth in cellular phone base

    Rabi sowing gathers momentum — Climate congenial as temperature dips

    Train to Pak by Jan 1?

    If China can, why can't India?

    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
    Dec. 7-Dec. 13
    Revenues per client up for software cos

    Wipro inks master service pact with GM

    What makes Premji the top CEO in Asia-Pacific

    Salaries, licence fees drag BSNL net 77%

    Poor growth in telecom manufacturing

    Speckle project — the tool behind pervasive computing

    Usability a determining factor in site popularity

    Cell base to cross 100 m in 2 years: Sunil Mittal

    Notebook prices set to fall further


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