Financial Daily from THE HINDU group of publications
Thursday, September 15, 2005
Markets (Sept 14)
BL 2502463.27 (-8.45)
BSE Sensex8189.48 (-4.48)
S&P CNX Nifty2492.45 (-7.90)
US Dollar (Buy/Sell)43.86/43.99
Gold Std (10 gm)6435


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OUTSOURCING


Springer plans more seats at Chennai unit
SPRINGER Science and Business Media plans to expand its India operations through its two subsidiaries — a BPO and a publishing group that produces reprints of specialised books. As part of its long-term plan to make India one of its key ... More

TELECOMMUNICATIONS


`Mobiles vulnerable to hackers'
MOBILE phones offering convergence of voice, data and video have become highly vulnerable to hackers, according to ethical hacker Ankit Fadia. These mobile phones, which have turned into mini computers or hand held PCs, offering facilities such ... More

VSNL to invest $ 40-m in under-sea cable system
VIDESH Sanchar Nigam Ltd will invest $ 40 million (over Rs 170 crore) in the SEA-ME-WE4 cable system between France and Singapore, with India as a landing point. The company has also been appointed Network Administrator for the entire ... More

Hutch Tunes offer
HYDERABAD: Hutch on Wednesday introduced `Try and Buy' offer on caller tunes for its subscribers. The new subscribers, under this offer, will get an opportunity to try the caller tunes service with one month rental waiver of Rs 30, ... More

More True Value Hubs in AP
HYDERABAD: Tata Indicom has expanded the chain of True Value Hubs (TVH) in Andhra Pradesh by opening two more TVHs each in Rajahmundry and Kakinada. True Value Hub, the exclusively designed 360 degrees sales and service centres of Tata ... More

SOFTWARE


TN software exports up at Rs 10,703 cr in '04-05 — International Tech Park in Chennai inaugurated
Apart from this park , more than 40 other IT parks were coming both in the pubic and private sector with a total build-up area of about 17 million sq. ft. More

Infotech bags big GIS deal from KPN
INFOTECH Enterprises Ltd announced on Wednesday that it has been awarded a GIS (geographical information systems) contract by KPN, a leading player in the Dutch telecommunications market. An offshore production team of around 300 data ... More

`Indian IT cos must offer better customer solutions'
DR Robert Kaplan, creator of Balanced Scorecard, a widely used tool in strategy management, on Wednesday said that Indian IT companies should look at offering better customer solutions rather than just providing `low-cost options.' He was ... More

Russia is on Satyam radar
SATYAM Computer Services has put Russia on its radar. It is contemplating setting up a facility in Russia to cater to the local and the East European markets. Though Satyam has not firmed up any concrete plans, the company is looking at ... More

3i Info keen on tools for MFs
WITH the recent public issue arming it with a listed scrip, 3i Infotech Ltd has said it will mull acquisition for a quick start in new software product categories such as mutual funds, securities trading and bills discounting. "Within the ... More

Birlasoft plans expansion
NEW DELHI: Birlasoft Ltd on Wednesday said it would recruit 2,000 technology professionals for three new development centres over the next 12 months, and would invest close to $20 million for expansion. "The first in the series is a ... More

INTERNET


Info Edge launches real estate portal
INFO Edge Ltd, creators of Naukri.com and Jeevansathi.com, today launched a real estate portal — 99acres.com for information exchange on buying, selling and renting of residential as well as commercial property. "The portal will cater to ... More

INDUSTRY ASSOCIATIONS


KCCI urges Karnataka to hold annual IT event in Mangalore
THE Kanara Chamber of Commerce and Industry (KCCI) has requested the Karnataka Government to hold its annual information technology event in Mangalore. This request comes at a time when some IT companies and industry bodies are threatening to ... More

HUMAN RESOURCES


Infosys to train 100 Chinese students
INFOSYS Technologies Ltd said on Wednesday that it would train 100 students from China at its Global Education Centre in Mysore. This is part of the memorandum of understanding signed between Infosys and the Government of China, the company said ... More

REGULATORY BODIES & RULINGS


TRAI puts decision on bandwidth tariff on hold
The Telecom Regulatory Authority of India today said that it was keeping its order on international bandwidth tariff in abeyance till October 3. The telecom regulator had announced a 64 per cent reduction in international bandwidth but was ... More

ENTERPRISE RESOURCE PLANNING


Caritor wins ERP deal
BANGALORE: Consulting and systems integration firm Caritor has won a mySAP ERP implementation deal from Tantia Constructions, a Kolkata-based construction and infrastructure development firm. Caritor will provide an integrated ... More

IPOS


Bartronics plans to raise Rs 32 cr via IPO
BARTRONICS India Ltd, a data capture solutions provider, is set to tap the market with its maiden public issue to fund its expansion plans in India and abroad. The Managing Directo , Mr Sudhir Rao, told Business Line, that the company ... More



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