Financial Daily from THE HINDU group of publications
Saturday, June 18, 2005
Markets (July 25)
BL 2502325.28 (+12.27)
BSE Sensex7505.60(+82.35)
S&P CNX Nifty2291.75 (+26.15)
US Dollar (Buy/Sell)43.51/43.63
Gold Std (10 gm)6085 (+35)

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TELECOMMUNICATIONS


VSNL dial-up Net subscriber base drops 24 pc
VIDESH Sanchar Nigam Ltd has lost 24 per cent of its dial-up Internet subscriber base during the last quarter ended March 2005. The Tata-managed company, which was the top Internet Service Provider a few years ago, has dropped to the fourth ... More

VSAT licence of HFCL cancelled
THE Department of Telecom has cancelled the VSAT (Very Small Aperture Terminals) licence held by Himachal Futuristic Communications Ltd due to non-payment of dues. HFCL, which also provides unified access services in Punjab circle, was ... More

FINANCIAL PERFORMANCE


Tricom Q4 net up
MUMBAI: The Mumbai-based BPO company, Tricom India Ltd, has reported a net profit of Rs 1.16 crore for the quarter ended March 31, 2005, against Rs 40.3 lakh in the corresponding quarter last year. Total income for this quarter stood at ... More

SOFTWARE


CMC, TCS script joint growth plan
"There has been no initiative by the respective boards to consider if the two could be merged." More

Ness Tech bags BridgeCo deal
BANGALORE: Ness Technologies said on Friday that it had bagged a three-year offshore contract from BridgeCo, a provider of home entertainment networking solutions. However, Ness Technologies did not disclose the size of the ... More

HUMAN RESOURCES


eInfochips plans to double headcount
EINFOCHIPS, an emerging chip and systems design services firm, has announced that it would double its headcount at its R&D centres from 270 to over 550. The company has a design centre that employs over 250 design engineers in Ahmedabad. Last ... More

MERGERS & ACQUISITIONS


Redknee scouting for buys here
CANADA-based telecommunication software solutions provider Redknee is looking out for acquisitions in India to significantly expand in size and operations. Redknee is on the lookout for companies with an established product line that has ... More

ALLIANCES & JOINT VENTURES


QuEST, Smiths Aerospace in pact
BANGALORE: Quality Engineering and Software Technologies (QuEST), has tied up with Smiths Aerospace to set up a dedicated offshore engineering centre in Bangalore to supply non-core services for the latter. As part of the three-year ... More

PIRACY


Piracy up at 73 pc
ECONOMIC consideration, escalating prices, high availability of pirated software in the grey market, high usage of assembled PCs, growing availability of illegal software on the Internet, cheaper duplication equipment, lack of stringent ... More


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Top Stories
CMC, TCS script joint growth plan


Beware housing bubble: Parekh

Tyre producers may import 70,000 t rubber

Aviation majors vie for orders, speed records

Govt to allow private players in deepening port channels

In Focus

BHEL Disinvestment
China's revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
More

In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Jun. 5-Jun. 11
Maran to pitch for Intel's chip unit

`Intel's India investment strategic, long-term'

Market is hot as ever: Forrester

Kalpathis almost exit Scandent

Profit per employee dips for software cos

`No-show' behaviour rampant in IT sector

Business intelligence market to grow at 29%

Infosys to expand consulting arm

BPO job potential stays high: Nasscom


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