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Thursday, January 08, 2004

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OUTSOURCING
IL&FS picks up stake in Datamatics
IL&FS through IL&FS Investment Managers Ltd (IIML) has acquired a minority stake in Datamatics Technologies Ltd (DTL), the city-based third party business process outsourcing company promoted by Dr Lalit Kanodia. The amount raised from IL& More

TELECOMMUNICATIONS
DoT raps MTNL for slow growth in cellular base
ALARMED at the slow growth in its cellular subscriber base, the Department of Telecommunications (DoT) has asked Mahanagar Telephone Nigam Ltd (MTNL) to take immediate steps to beef up the performance. The company has been asked to submit ... More

Surana MD ups stake in firm
HYDERABAD: The Managing Director of Surana Telecom Ltd, Mr Narendar Surana, has informed the NSE that he has acquired 2.34 lakh shares, amounting to 2.07 per cent of the total share capital of the company. These shares were acquired ... More

AirTel Masala Service in Kerala
KOCHI: AirTel has announced the launch of its content-rich WAP-enabled portal called Masala Service in Kerala. The service will provide the customers with the choice to download content such as java games, polyphonic ring tones, ... More

SOFTWARE
Shareholders seek poll on Digital delisting — Many hurt over losing pride of ownership
Shareholders have also sought dividends for the current fiscal. More

iCode product in awards final
BANGALORE: iCode, a developer of integrated ERP solution for small to medium businesses, has announced that the Software & Information Industry Association (SIIA) has named iCode's Everest Advanced Edition 2.0 as a finalist in the 19th ... More

Linux version from Syntax
BANGALORE: Syntax Soft-Tech, in partnership with Total Outsource of the US, has announced the introduction of the Linux version of `ViewWise', a product that allows companies to compete more effectively in today's marketplace. ViewWise ... More

New PeopleSoft suite released
BANGALORE: PeopleSoft has announced the general availability of the newest release of its suite of financial applications, PeopleSoft Enterprise Financial Management 8.8. The release incorporates 225 new features and enhancements across ... More

OFF-SHORE DEVELOPMENT
Daksh to set up BPO facility in Philippines
DAKSH eServices, a business process outsourcing (BPO) company, today said that it is setting up a facility in Manila employing 1,000 persons as part of its plans to emerge as a global player. The Gurgaon-based Daksh will be investing $5 million ... More




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