Financial Daily from THE HINDU group of publications
Wednesday, January 18, 2006
Markets (January 17)
BSE Sensex9314.13 (+2.94)
S&P CNX Nifty2829.10 (-4.00)
US Dollar (Buy/Sell)44.32/44.45


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INFO-TECH

STORAGE


Intel storage forum launched
INTEL Corporation has founded a storage forum. Intel Storage Community has 40 leading storage providers, platform integrators and application developers networking. "The Intel Storage Community is a constantly expanding resource that will help ... More

OUTSOURCING


`Domestic BPO market to grow 60 pc in 2005-06'
MOVE over Sam, it is time for Shyam to ride the next business process outsourcing (BPO) wave. After exports, the domestic BPO market is now set to take off in a big way, and grow at an estimated 60 per cent to touch about Rs 4,200 crore in ... More

Sitel India eyes KPO, plans second centre
SITEL India, part of the $1 billion third-party contact services provider Sitel, now eyes the knowledge process outsourcing (KPO) arena and plans to open a second centre either in Chennai or Kolkata. Chief Executive Officer of Sitel Worldwide, ... More

TELECOMMUNICATIONS


Cellular congestion getting worse: TRAI
CELLULAR operators are unlikely to meet the deadline set by the Telecom Regulatory Authority of India (TRAI) to improve the quality of service. The TRAI report for November 2005, released today, shows that the congestion levels have further ... More

Reliance Info's fixed line wireless phone a mobile service: TDSAT
IN a blow to Reliance Infocomm, the Telecom Dispute Settlement Appellate Tribunal (TDSAT) today said the fixed wireless terminal (FWT) phone being offered by the company was equivalent to a limited mobile service and not a fixed line ... More

Why Hutch chose `hot' pink
"WHY pink?" seems to be the first question on everyone's mind when they see Hutch's re-branded look. Sure, the company decided to re-brand its product, get rid of the brand name Orange, as it is called in Mumbai, and bring it under the same ... More

INSIGHT


Lifetime worries of indefinite validity
WE ARE just past the middle of January, and the telecom regulator has been busy taking the call on one issue or the other. TRAI (Telecom Regulatory Authority of India) has issued the fourth consultation paper this year, in comparison to the ten ... More

INFRASTRUCTURE


Satyam gets 50-acre site near Vizag
SATYAM Computer Services Ltd, the IT solutions provider, has been allotted a 50-acre site in Bhimli near Visakhapatnam by the State Government for establishing a centre in the IT special economic zone. The company had last year signed up with ... More

FINANCIAL PERFORMANCE


Sify posts Rs 7-cr net in third quarter
SIFY Ltd, the Chennai-based network and e-Commerce services company, as per Indian GAAP has reported a net profit of Rs 7.26 crore on sales and services of Rs 119.1 crore for the third quarter ended December 2005 compared with a net loss of Rs ... More

HARDWARE


New servers from Sun Micro
NEW DELHI: Sun Microsystems on Tuesday announced the availability of its Sun Fire T1000 and T2000 servers. "Based on 9.6 GHz UltraSPARC T1 processor, code named Niagara, the new server family aims at setting industry standards for ... More

SOFTWARE


UK gaming industry seeks Indian synergies
THE UK, which has the third largest gaming industry next to the US and Japan, is exploring opportunities to partner Indian companies through its gaming body, TIGA. TIGA or the Independent Games Developers Association, which now comprises 150 ... More

Vedika Soft set to launch Perks Office
AFTER FACT, the real time business accounting software, and Perks Enterprise, a payroll and HR software for production and manufacturing enterprises, Vedika Software is all set to launch Perks Office, an open-ended payroll and HR software for the ... More

GENDER


NCW safety norms for women in BPO sector soon
CLOSE on the heels of the gruesome rape and murder of a call centre employee in Bangalore, the National Commission for Women (NCW) has said it will finalise guidelines to ensure safety of women employees in the business process outsourcing ... More

ALLIANCES & JOINT VENTURES


TCS in venture to develop portal for M.P.
TATA Consultancy Services has entered into a joint venture agreement with the Madhya Pradesh State Electronic Development Corporation Ltd. TCS will own 89 per cent of the equity capital of the resulting joint venture company, it said in a ... More

E-COMMERCE & E-BUSINESS


E-learning initiative for quality education launched — Nasscom, MAIT ink pact to support UN efforts
A Global Innovation Centre would be set up in the country for showcasing, incubating and disseminating ICT technologies and tools. More

24x7 Learning to aim for $23 m of global pie
24x7 LEARNING has announced its plans to enter the global eLearning arena. The Bangalore-based company, with a revenue of Rs 7.5 crore this year, announced that it will aim for the $23-million of the global e-learning pie by targeting East and ... More

PEOPLE


Yahoo! India MD
BANGALORE: Yahoo! Inc on Tuesday announced the appointment of Mr George Zacharias as Managing Director of Yahoo! India, effective January 30. Mr Zacharias will be based in Bangalore and will work with Mr Venkat Panchapakesan, the head ... More



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