Financial Daily from THE HINDU group of publications
Wednesday, July 27, 2005
Markets (July 26)
BL 2502331.81 (+6.53)
BSE Sensex7552.77 (+47.17)
S&P CNX Nifty2303.15 (+11.40)
US Dollar (Buy/Sell)43.44/43.57
Gold Std (10 gm)6050

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INFO-TECH

OUTSOURCING


China centre on Progeon radar
PROGEON, the BPO subsidiary of Infosys, will look at setting up a facility in China in three years to cater to the requirements of global clients in the region. "In the medium term, we will look at China to cater to the needs of global clients ... More

TELECOMMUNICATIONS


Phone services disrupted in Mumbai
TORRENTIAL rains and heavy usage of phones severely disrupted mobile and landline services in the city. While some phone lines worked from time to time, others were hardly accessible. Heavy downpour disrupted radio-wave transmission which ... More

Surana MD, others sell 2.19 pc stake
THE Managing Director of Surana Telecom Ltd, Mr Narender Surana, has informed the BSE that he along with other persons acting in concert (PACs) have sold 4,94,202 equity shares aggregating to 2.19 per cent of the paid-up capital of Surana ... More

Good connection
BSNL workers busy handling a junction box in Kolkata. The recent initiatives on economic development have attracted many IT companies and other investors to the city. This has resulted in the mushrooming of a number of new residential and ... More

INSIGHT


HR, no longer a back-end activity
IN THE growing global economy, the human resource function is becoming increasingly complex. For an outsourcing solution to help companies cut costs and manage the human resource, needed is a partner who understands ways to add ... More

FINANCIAL PERFORMANCE


NIIT Tech Q1 net up 6 pc
NIIT Technologies Ltd (NTL) has posted a six per cent rise in its consolidated net profit at Rs 14 crore for the first quarter ended June 2005 against Rs 13.20 crore in corresponding period previous year. "The growth is owing to our strategy of ... More

Bharti Q1 net at Rs 510 cr; customer base up 57 pc
BHARTI Tele-Ventures Ltd has reported a 70 per cent growth in its net profit to Rs 510 crore for the first quarter ended June 30, 2005. As per the US GAAP (United States Generally Accepted Accounting Principles) consolidated results announced ... More

SOFTWARE


Flood alert forces Infosys, Wipro to shut Pune centres
INFOSYS Technologies Ltd and Wipro Technologies shut their development centres in Pune on Tuesday following a flood alert by the local administration. "In view of the flood warning issued by the Pune District Collector, we have closed our ... More

ISPS


VPN licence: ISPs take exception to TRAI paper
INTERNET service providers, including Sify and HCL Infinet, have accused the telecom regulator of `consciously' and `deliberately' excluding crucial information in the consultation paper on imposing an entry fee on Virtual Private Network ... More

PIRACY


MS woos customers to genuine software
IN a bid to migrate users of pirated software to genuine Windows Operating System, Microsoft Corporation India on Tuesday announced the launch of Windows Genuine Advantage (WGA) program in the country. "WGA has been designed to encourage the ... More

NEW PRODUCTS & SERVICES


New Acer laptop
BANGALORE: Acer has introduced Acer TravelMate 2355NXC series laptops at a price tag of Rs 25,999. The TravelMate 2355NXC uses an Intel Celeron M processor and comes with a hard disc drive of 40 GB that reserves sufficient storage space ... More


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Top Stories
`India on its way to becoming IT, manufacturing kingdom of the world'


Consumers getting rubber cheaper than last year
VAT comes to rescue despite prices ruling at record high


Govt considering new petro product pricing mechanism

AI not to extend wet lease on aircraft from Jet Airways

Yuan-rupee in focus as China is top imports source

In Focus

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

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Jul. 17-Jul. 23
`Focus on new services paying off for Infosys'

`BPO customers face transition throes'

TCS to expand board, plans Rs 950-cr capex

`Average salary rise in India the highest in Asia'

Weak euro may hit Wipro Q1 margins

Rajeev Chandrasekhar moves on to live his next dream

Yuan revaluation: IT companies see no major impact

Wipro BPO trims team — Revenues to remain muted for next two quarters


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