Financial Daily from THE HINDU group of publications
Thursday, August 04, 2005
Markets (August 3)
BL 2502379.25 (+4.38)
BSE Sensex7756.47 (+0.43)
S&P CNX Nifty2357.00 (+3.35)
US Dollar (Buy/Sell)43.41/43.54
Gold Std (10 gm)6170 (+25)


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RESEARCH & DEVELOPMENT


Broadband set to take the gigabit leap with new tech
IF you thought that 256 kilobits per second was the highest Internet speed that you could get, then wait till the latest in broadband technology, Gigabit-capable Passive Optical Network (GPON), hits the market. The new technology, being jointly ... More

ANNOUNCEMENTS


Cisco training for channel partners
CISCO Systems has launched Pulse, a countrywide programme to facilitate uniform learning and growth in advanced technologies for its channel partner community. A focused technology training initiative conducted by Cisco system engineers, Pulse ... More

OUTSOURCING


Hero group spins off BPO division into separate company
THE Hero Group, on Wednesday, announced the hiving-off of its IT-enabled services unit, HeroITES, into an independent company, to pave way for the latter's proposed initial public offering by end-2006. The company said that Mr Sunil Kant Munjal ... More

TELECOMMUNICATIONS


Global bandwidth pricing — VSNL refutes US charges
VIDESH Sanchar Nigam Ltd (VSNL) has refuted allegations of high international bandwidth pricingmade by the United States Trade Representative (USTR) saying that the data submitted by the US agency were incorrect . In a communication to the ... More

VSNL, Bharti sign pact to share undersea cables
The VSNL-Bharti arrangement envisages automatic restoration of services if one of the cables develops a snag. More

INSIGHT


Niche vendors emerging in India: Forrester
`More pressure on clients to make smart choices'

THE maturing and diversifying Indian IT services market has resulted in the emergence of numerous qualified niche players, widening the ambit of choice beyond the top five Indian IT vendors. However, this puts more pressure on clients to look ... More

HARDWARE


PDA shipments up 32 pc in Q1
A SURVEY on the PDA (personal digital assistant) market by Gartner has shown a quantum jump in worldwide shipments in the first quarter of the current fiscal compared to the corresponding previous period, signalling a recovery of the slumping PDA ... More

SOFTWARE


SAP upgrade at NFCL
HYDERBAD: Intelligroup Asia has announced it has completed the technical upgrade for Nagarjuna Fertlisers and Chemicals Ltd (NFCL), from SAP version 4.0B to SAP Enterprise version 4.7. It simultaneously implemented SAP Enterprise ... More

OFF-SHORE DEVELOPMENT


Infosys inks pact for 1,000-seater in Shanghai
INFOSYS Technologies plans to invest $10 million over two years to set up a 1,000-seat development facility in Shanghai. The software major's Chinese subsidiary Infosys Technologies (Shanghai) Company Ltd has signed a letter of intent with ... More

INTERVIEW


`Cost advantage is Wipro's strength'
AS part of the top management in the restructured Wipro, Mr Sudip Banerjee heads a business that contributed 45.3 per cent to group revenues, grew 37 per cent year-on-year and is looking to consolidate its service offerings to enable it to go ... More


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