Financial Daily from THE HINDU group of publications
Tuesday, September 06, 2005
Markets (Sept 5)
BL 2502398.17 (+16.04)
BSE Sensex7925.24 (+25.47)
S&P CNX Nifty2422.95 (+7.15)
US Dollar (Buy/Sell)43.72/43.85
Gold Std (10 gm)6380 (+10)


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INFO-TECH

OUTSOURCING


US cos keen on outsourcing process change: Forrester
Infrastructure rationalisation/server consolidation, Web site design, HR applications, ERP and CRM are some of the other services that would be outsourced in the current year in a major way. More

TELECOMMUNICATIONS


Hutch comes out with `Full Talktime' offer in Karnataka
PREPAID subscribers in Karnataka can now avail of Hutch's offer of `Full Talktime' valid on recharge vouchers of Rs 330 and above. For any recharge card above Rs 330, customers will now be able to completely utilise every rupee on calls. The ... More

DoT may set up panel to review decision on FWT
THE Department of Telecom (DoT) may set up a committee to look at the concerns raised by CDMA-based operators against the decision to restrict fixed line technology to only wire line technology. CDMA operators including Reliance Infocomm and ... More

Idea Cellular's Music Masti
HYDERABAD: Idea Cellular Ltd has announced the launch of Music Masti that allows the customer to listen, dedicate, gift songs, preview and download ringtones of their choice from Say Idea Voice portal. The customers can use Music Masti ... More

ENVIRONMENT


Greenpeace highlights hazards of recycling electronic waste
GREENPEACE activists delivered 500 kilos of assorted electronic waste, to the corporate headquarters of Wipro in Bangalore on Monday. The move was intended to highlight the growing menace of dangerous chemicals being released to the environment ... More

STOCKS


Flextronics fixes Rs 725 to delist shares
MULTINATIONAL company Flextronics has fixed Rs 725 a share as the price to delist the securities of its Indian subsidiary Flextronics Software Systems from stock exchanges. This price was decided based on the reverse book-building process where ... More

SOFTWARE


Infosys takes forward cover for GBP receivables
Infosys has taken this cover following the pound's depreciation against rupee since the beginning of April this year. More

Focus Info's acquisition plans
CHENNAI: Focus Infotech, a Chennai-based firm, plans acquire two to three niche small or mid-sized staffing firms strong in domains such as enterprise resource planning, customer relationship managementand Web technology. It has ... More

GSK official on TCS board
MUMBAI: Tata Consultancy Services Ltd has expanded its board of directors with the appointment of drug-major GlaxoSmithKline's (GSK) Mr V. Thyagarajan as an independent director. The board will now comprise five members — the ... More

HUMAN RESOURCES


Attrition in IT sector revs up used car market
Each time an IT professional jumps a job, his negotiation with the new company includes a new car. So, the existing one is added to the used car fleet, while one more new car gets on to the roads. More

MERGERS & ACQUISITIONS


Four Soft buys DCS' logistics software unit for Rs 85 cr
FOUR Soft Ltd has signed an agreement to acquire the logistics software business of UK-based DCS Transportation for $19 million (over Rs 85 crore) in an all cash deal. This would make Four Soft Ltd the world's largest transportation and ... More

Scandent to merge Cambridge Services with itself
SCANDENT Solutions Corporation Ltd said on Monday that it is merging its group company and business process outsourcing (BPO) outfit Cambridge Services Holdings LLC with itself. The new entity will be known as Cambridge Solutions Ltd, said a ... More

VSNL set to acquire Tata Power Broadband for Rs 239 crore
VSNL will acquire Tata Power Broadband Ltd from Tata Power Company for Rs 239 crore. VSNL has completed the execution of duly negotiated agreement for the sale, it said in a notice to the stock exchanges today. Tata Power Company, preparatory ... More

M-COMMERCE


Jataayu sees robust mobile value-added services market
THE country's mobile VAS (value added services) infrastructure market accounts for 10 per cent of the total sales, and is presently at Rs 100 crore. Talking to Business Line, Mr Mahesh Jain, Managing Director, Jataayu Software said, ... More

INTERVIEW


`Provide equal spectrum access to all technologies'
THE telecom industry is in the midst of a hot debate on the mode of spectrum allocation and basis for entry fee for 3G: Should the Government grant more spectrum to CDMA operators immediately whereas GSM operators may get it in a staggered ... More

BROADBAND


New tariffs for BSNL Data One
HYDERABAD: Hyderabad Telecom has announced its revised Data One broadband tariffs with effect from August 16. Plan 250 is for households, and Plan 700 is for businesses, in addition to other existing plans. Unlimited downloads are ... More

IT-ENABLED SERVICES


IT, ITeS exports to grow by 35%, says Nasscom
THE National Association of Software and Service Companies (Nasscom) on Monday said that the export of IT and IT-enabled services was expected to grow between 30-35 per cent in 2005-06. The apex body for software and IT services companiesalso ... More



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Looking back
Aug. 28-Sep. 3
TCS pilot project for efficient functioning of rural job scheme

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Fixed line telephones, broadband services — Bharti plans Rs 1,500-cr expansion

HCL Info, TCS, Infosys emerge top employers: IDC survey


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