Financial Daily from THE HINDU group of publications
Thursday, December 25, 2003
Markets (Dec. 24)
BL 2502018.84 (+19.63)
BSE Sensex5641.92 (+77.59)
S&P CNX Nifty1808.70 (+28.40)
US Dollar (Buy/Sell)45.53/45.66
Gold Std (10 gm)6125 (+15)

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Licence fee cut in telecom package — Cellular operators assured help to overcome financial problems
THE Government has introduced a fresh package of relief measures for the telecom industry that includes a reduction in the existing revenue-sharing licence fees to the tune of Rs 968 crore annually. This announcement comes even as the private ... More

They may ring together hereafter
WITH the mobile sector now poised for a trail-blazing growth path, both the Cellular Operators Association of India (COAI) and the Association of Basic Telecom Operators (ABTO) who have been at each other's throats for years, are likely to merge ... More

`Telecom package will spur growth'
THE Cellular Operators Association of India (COAI) and the Association of Basic Telecom Operators (ABTO) have welcomed the financial relief package announced by Union Communications Minister, Mr Arun Shourie. It would lead a faster growth of the ... More

BPL Mobile offers new tariffs for festive season in Kerala
BPL Mobile has unveiled Christmas and New Year offers for its new and existing subscribers in Kerala. The offers are available for both post-paid and new Mots. Close on the heels of the recent plan on post-paid with a monthly rental of Rs 99, ... More

SOFTWARE


The other side of the Infy story
IN a different kind of victory over the Aussies, compared to what our cricket team has been up to, the IT major Infosys has acquired a privately-held Australian service provider, Expert Information Services Pty Ltd. While, in India, the news ... More

Yash Tech plans to expand operations, recruit more
YASH Technologies Inc, which recently acquired Boston-based Global Core Software (GCC) for $16 million, plans to expand and convert its India development centre in Hyderabad as the regional hub-cum-support centre, open three more overseas centres ... More

Finacle enters China
INFOSYS Technologies Ltd announced that ABN Amro Bank, has chosen to deploy Finacle in the Greater China region across Mainland China, Taiwan and Hong Kong. ABN Amro Bank will deploy Finacle in areas of core banking, consumer Internet banking, ... More

HUMAN RESOURCES


IT firms work harder to retain techies
Indian software companies are poaching from each other to attract the best brains available in the market mainly to fight global giants such as Accenture, IBM and EDS. More

`IT job market set to see more competition'
COME 2004 and newspaper ads for vacancies in software firms will be replaced by hard-selling proactive strategies in a bid to attract `good talent.' With specialised skillsets in niche verticals becoming a necessity, an increase of the variable ... More

Get paid to train people ... and then hire them
MR RAMCHANDER Sukumar recently refused requests from industry folks who wanted to become franchisees for his training business. Mr Sukumar, co-founder and Director, Indium Software, says: "Expanding the training division with franchisees could ... More

BROADBAND


Broadband-based service from BSNL
BSNL today launched a broadband-based value-added service called Data One Broadband in a bid to stem the fall in landline subscriber base. The Bangalore-based I-Spatial will provide the content and the technology for the service. "There is a ... More
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Top Stories
`10 pc stake sale in ONGC, GAIL first; cross-holdings unlock later'


Taliban militants free Indian workers

`Telecom package will spur growth'

Exporters going dollar-shy, take a fancy to euro

Steel majors to gain from stable prices

Rice exports likely to remain dormant

In Focus
Budget Wish-list
Stocks: Dizzying Heights
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. 14-Dec. 20
FDI inflow in telecom plummets 97%

Idea slashes roaming rates by 50 pc in South

Top IT firms clock rise in staff cost

Tech sector salaries above market median, says study

Lehman Bros' decision to stop outsourcing IT helpdesk — Wipro, TCS downplay impact

Gartner sees 96 pc growth in cellular phone base


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