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Thursday, January 29, 2004

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OUTSOURCING
Jaitley flays BPO ban by US Senate
THE Union Commerce and Industry Minister, Mr Arun Jaitley, today said that the US, which is an advocate of market access in a variety of sectors, is now engaging in market denial by banning BPO for Federal Government contracts. Speaking at a ... More

TELECOMMUNICATIONS
Centre amends telecom operators' licence pacts — Cuts fees by 2-4 percentage points
THE Government has finally delivered on its promise of reducing the licence fees for basic and mobile telecom operators by between two and four percentage points starting fiscal year 2004-05. According to official sources, the Department of ... More

BSNL to seek unified licence for select circles
THE board of directors of the State-owned Bharat Sanchar Nigam Ltd (BSNL) would shortly finalise the strategy for the unified licence regime and possibly apply for a few select circles for unified licence, according to Mr S.D. Saxena, Director ... More

Telecom bodies likely to merge
THE two major telecom associations — Cellular Operators Association for India (COAI) and the Association of Basic Telecom Operators (ABTO) — are in talks over a possible merger, now that a unified licence regime is in place. A ... More

BSNL chalks out expansion plans in AP
THE State-owned Bharat Sanchar Nigam Ltd, AP Telecom circle, plans to add about half-a-million new lines through CDMA (code division multiple access) based WLL (wireless in local loop) phones and one million GSM lines by next fiscal end. The ... More

Single `toll quality' norm for ILD sector
THE Telecom Regulatory Authority of India (TRAI) has modified the Quality of Service (QoS) parameters for international long distance operators by doing away with the distinction between "toll quality" and "below toll quality" ... More

STOCKS
Bharti Tele remains investors' favourite
The stock, which declined by 5.2 per cent on Wednesday after a smart 5-session run, still remains a favourite of a section of institutional brokers and day traders. According to market sources, a number of broking houses are reportedly ... More

FINANCIAL PERFORMANCE
HCL Info Q2 net at Rs 41 cr, to pay 50% interim
HCL Infosystems, manufacturer of personal computers (PCs), on Wednesday said it posted a net profit of Rs 41.43 crore in its second quarter as compared with a loss of Rs 19 lakh in the same period a year ago as sales of its PCs and telecom gears ... More

HARDWARE
Tata Elxsi sees big jump in royalty income
TATA Elxsi, the product design arm of the Tata Group, said on Wednesday that an increase in turnkey product development projects and royalty revenues would drive its growth over the next few years. Mr Madhukar Dev, CEO, Tata Elxsi, said the ... More

SOFTWARE
Tarang to develop Web tool for US co
TARANG Software Technologies has signed up a product development deal with US-based Decisive Analytics LLC. As part of the deal, Tarang would be building " Continuous market intelligence system", a Web-based software tool for Decisive ... More

Insurance-model disaster solution from Comsat Max
COMSAT Max has announced the launch of managed disaster recovery solution (DRS) that is based on the `insurance premium model'. Under this model, most resources right from servers, alternate network and storage are provided by Comsat Max. ... More

Infosys in Philippines deal
BANGALORE: Infosys Technologies Ltd has announced that its banking business unit is partnering with Microsoft Philippines, a division of Microsoft Corporation and Intel Microelectronics Philippines Inc to provide e-banking solutions to ... More

Eonour rejigs operations
CHENNAI: Eonour Technologies Ltd has announced that STADS World Ltd, the company's subsidiary, would take over Eonour's export and "deemed export business." According to a statement to the stock exchange, this would accord greater focus ... More

HUMAN RESOURCES
Attrition now higher than in dotcom boom
The Nasscom President is of the view that one cannot regulate the flow of employees and it is for the industry to find ways to address with better compensation packages and incentives. More

EFI India in hire mode
EFI India, the local arm of the US-based Electronics for Imaging, leaders in digital imaging and print management solutions, is on a recruitment binge. The Indian operation is already close to an employee strength of 100, of which 80 per cent ... More

ALLIANCES & JOINT VENTURES
Datacraft, Interactive in pact
BANGALORE: Datacraft India Ltd, a wholly owned subsidiary of Datacraft Asia, has signed a premier partner agreement with Interactive Intelligence Inc to offer the latter's software for IP telephony, contact centre automation, unified ... More

BROADBAND
Net4India to expand reach
COIMBATORE: The Internet Protocol service provider - Net4India Ltd is contemplating to expand the cover of its `Triple Play' broadband network across 10 cities before the end of the current calendar year. The Triple Play broadband ... More




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Top Stories
Fertiliser export norms eased


`India merits higher rating'

DCA taps merchant bankers to nab `vanished cos' promoters

Attrition now higher than in dotcom boom

Farm sector on the dole

FDI inflow slowed during last fiscal: RBI report

Looking back
Jan. 18-Jan. 24
Aztec scouting for domestic buys

Warburg Pincus to invest $149 m in Moser Baer

Japan, Taiwan, France are good bets, says Nasscom

'Billing rates improving, margins to get better' — Robust growth in all segments, says Premji

Nasscom estimates $12 b software exports this year

Satyam Q3 net up 25 pc at Rs 146 cr

4 majors to survive telecom shake-out, says Gartner

Airtel offers Rs 50 pre-paids recharge


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