Financial Daily from THE HINDU group of publications
Wednesday, August 31, 2005
Markets (August 30)
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OUTSOURCING


`Indian cos need to hone delivery skills in specific BPO verticals'
INDIAN BPO companies need to increase their delivery skills in the areas of industry-specific BPO skills and processes, said Mr Craig Baty, Gartner Group Vice-President and Chief of Research, at the Gartner India Summit in Mumbai today. This ... More

TELECOMMUNICATIONS


Race for BSNL's ILD contract may hot up — Domestic cos vying with foreign majors
France Telecom, Telecom Italia and FLAG Telecom have expressed interest to participate in the global tender floated by BSNL for offering international bandwidth. More

Mobile operators hail move to consider FWT phones as mobile services
THE Cellular Operators Association of India (COAI) today expressed its support to the decision taken by the Department of Telecom (DoT) to consider fixed wireless terminal (FWT) phones on a par with mobile services. Mr T.V. Ramachandran, ... More

TDSAT quashes DoT penalty on Arvind Mills
THE Telecom Dispute Settlement Appellate Tribunal (TDSAT) has quashed the penalty imposed by the Department of Telecom (DoT) on Arvind Mills for allegedly not paying the licence fee in full. The company has the licence to operate radio trunking ... More

INFRASTRUCTURE


Plan to carve out IT park in Calcutta Leather Complex
THE West Bengal Government is now planning to carve out a portion of the recently inaugurated Calcutta Leather Complex for an IT park. The complex is located on the eastern fringes of the city. If everything goes according to plan, the ... More

SOFTWARE


MBT, Azure Solutions implement interconnect system for StarHub
MAHINDRA-British Telecom Ltd (MBT), an IT solutions provider to the telecommunications industry, and Azure Solutions, the revenue-assurance company, have jointly implemented an interconnect system for StarHub, Singapore's info-communications ... More

Premji to reduce holding in Wipro at `appropriate stage'
IT major Wipro Ltd's Chairman, Mr Azim Premji, today said he would reduce his existing holding of over 82 per cent in the company at an "appropriate stage", but did not specify a timeframe. "There is an intent to reduce the holding from over 82 ... More

Cranes Soft board okays pref issue
CRANES Software International Ltd said on Tuesday that its board of directors had approved fresh capital infusion through preferential allotment of equity shares. The board, which met on Monday, approved issue of up to eight lakh equity shares ... More

IT TRAINING


Diploma course in software
HYDERABAD: Millennium Software Solutions, a local company undertaking software development, data entry operations and student training, has designed a one-year diploma course in software engineering for plus-two students and is offering ... More

HUMAN RESOURCES


40 pc of temps turn permanent in a year
ABOUT 40 per cent of temporary staff move on to permanent slots within 12 months of their assignments and this has emerged as one of the key aspects of the growth of temping as a service in the country. The Vice-President of TeamLease Services ... More

ALLIANCES & JOINT VENTURES


Satyam pact with Melbourne varsity for grid computing
SATYAM Computer Services Ltd, a consulting and IT services provider, is enhancing its capabilities in Grid Computing. It has signed an agreement with Grid Computing and Distributed Systems (GRIDS) Laboratory, The University of Melbourne, ... More

E-COMMERCE & E-BUSINESS


Rail tickets through Net: Panel favours more payment options
WITH an aim to popularise rail ticket booking through the Internet, a Parliamentary Committee has asked the Railways to make available more payment options such as cash cards across a well spread out network. At present, the payment mechanism ... More

TTD to log on to e-commerce for procurements
SIX months after the Tirupati Tirumala Devasthanam (TTD) got onto the national and international commodity highway, Tirupati is becoming increasingly technology savvy and e-commerce friendly. The introduction of JRG Wealth Management Company's ... More

IT-ENABLED SERVICES


Vasavi Prosoft to expand operations
VASAVI Prosoft Transcription Ltd, a medical transcription company, in association with its US partner MEDantex, is planning to scale up operations by hiring about 400-500 people. The Hyderabad-based company, with $1 million turnover, employs ... More

`Clinical trials, analytics to fuel demand for business intelligence'
THE boom time and the resultant ratcheting up of operations by pharma and clinical trial companies seem to be rubbing off on their business intelligence (BI) solutions providers too. Pharmaceutical, biotech and clinical research sectors are the ... More




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