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Wednesday, January 07, 2004

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OUTSOURCING
Sutherland to set up BPO unit in Mumbai
SUTHERLAND India, a provider of customer management services, is setting up a business process outsourcing (BPO) centre in Mumbai. This is the company's first exercise in expanding outside Chennai. It recently struck an alliance with the ... More

TELECOMMUNICATIONS
Cellular subscriber base at 28.19 million in Dec
THE cellular subscriber base in the second month of the unified access service licence regime has 1.69 million additions in December 2003 with the total number of mobile customers crossing 28.19 million across the country. As per the latest ... More

COAI files withdrawal application
NEW DELHI: The Cellular Operators Association of India (COAI) has formally filed an application to withdraw its challenge to limited mobility (WLL) and unified access service licensing that was pending before the Supreme Court. According ... More

HARDWARE
PC sales cross 1 m in first half
SALES of personal computers (PC) in the country rose 32 per cent in the first half of this fiscal to cross a record one million units as industries such as telecom and banking and Government went on a computerisation drive. Total PC sales in ... More

TVS-E, Rediff in tie-up
CHENNAI: TVS-ELECTRONICS Ltd today announced that it has entered into a pact with Rediff.com to sell its products over the Internet. The products include TVS ribbon cassettes, TVS ink bank and later, TVS service products. A communiqué ... More

Epson dot matrix market share up in Q2
EPSON, the printer and digital imaging solutions manufacturer, has witnessed a spurt in growth of its dot matrix printer market share in the last quarter. According to IDC market share figures for the July-September quarter, Epson's market ... More

SOFTWARE
HelloSoft draws up $4-m plans for design centre
HELLOSOFT Inc., the US-based communication software solutions provider, has drawn up plans to expand its Indian research and development (R&D) centre here with expected investments of about $4 million this year and addition of 80 more ... More

Geodesic okays extension of FII investment limit
THE board of directors of Geodesic Information Systems Ltd has decided to extend the limit of FII investment in the company from 24 per cent to the sectoral cap of 100 per cent of paid-up capital or paid-up value of each series of convertible ... More

HUMAN RESOURCES
175 Sify staff move to Element K
CHENNAI: Some 175 employees of the e-learning arm of Sify Ltd were shifted on Tuesday to the Chennai development centre of Element K, which is engaged in providing e-learning solutions. According to a communiqué from Sify, it has been ... More

MERGERS & ACQUISITIONS
eBay bids for Indian foray with Baazee buy?
THE world's largest person-to-person trading community on the Internet eBay Inc is eyeing local online auctioneer Baazee.com for a possible buy-out in its bid to foray into India. Informed sources said both the companies had a few round of ... More

SECURITY
Trend Micro launches SMB security products
SMALL and mid-sized companies face security threats like virus and intrusive spam mails similar to a large enterprise. Targeting this SMB segment, Trend Micro launched a range of security solutions on Tuesday. A recent study conducted by the ... More

STANDARDS & BENCHMARKS
ISO 14001 accreditation for PCS Industries plant
PCS Industries Ltd, a part of the Rs 1,200-crore plus PCS group, on Tuesday announced that its manufacturing plant in Silvassa has been assessed and accredited with the ISO 14001 certification. According to an official release, the ... More




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Top Stories
Chilly North warms up egg prices


Dollar's descent worries financial, commodity markets

Steel price rise puts brakes on auto component sector growth

Huge rush to convert shares into demat

SUV to mark Nissan's re-entry into India

New security code for ships, ports to be ready by May

Readymade garment exports up in Apr-Dec

Silver utensils price tops Rs 10,000 a kg

Looking back
Dec. 28-Jan. 3
Global majors developing captive campuses in Hyderabad

Toasting time again for all in IT sector

More IT cos set to join M&A bandwagon

Grooming customers to be `techno-ready'


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