Financial Daily from THE HINDU group of publications
Friday, March 17, 2006
Markets (March 16)
BSE Sensex10878.74(+77.02)
S&P CNX Nifty3226.60 (+31.25)
US Dollar (Buy/Sell)44.45 (-0.05)


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Hutch reduces ISD, STD rates across all plans
Hutchison Essar has reduced its international long distance and domestic long distance rates across all plans, both prepaid and postpaid, dropping ISD rates by up to 53 per cent and STD rates by 24 paise on all tariffs of over Rs 2.64 per ... More

COAI contests TRAI fiat on differential tariffs
Calls made by subscribers to BSNL users More

INFRASTRUCTURE


Essar group now into telecom infrastructure
Sets up co to build towers, rectifiers for leasing out More

SOFTWARE


Microsoft-Anna varsity pact
Anna University, Chennai, and Microsoft on Thursday announced a partnership to empower the faculty and students across 235 colleges of the university on the latest range of Microsoft's development software and tools. Students ... More

Oracle transportation management
Oracle today unveiled Oracle Transportation Management, a new brand based on the transportation management offering that the company obtained through its strategic acquisition of transportation management solution (TMS) vendor, ... More

Financial Soft to set up techno park in Chennai
Financial Software & Systems (P) Ltd (FSS), the Chennai-based electronic payment system solutions and service provider, is building a techno park at Siruseri on the Old Mahabalipuram Road, according to a press release from the company. Mr ... More

Panama bank opts for Finacle
Infosys Technologies Ltd said on Thursday that Banco Continental de Panama has selected universal banking solution, Finacle, to power its operations across Central America. The bank would be investing around $20 million over two ... More

Wipro Info service centre in Mysore
Wipro Infotech has set up a Global Service Management Centre in Mysore to provide integrated service delivery across applications and infrastructure for the India, West Asia and Asia Pacific customers and also act as a back-up centre for global ... More

MERGERS & ACQUISITIONS


Scandent merger gets HC nod
Scandent Solutions Corp Ltd said on Thursday its merger with Cambridge Holdings LLC, a knowledge-based business processing outsourcing firm, has been approved by the Karnataka High Court. The merged entity would be known as ... More

Fidelity hikes stake in Satyam
Satyam Computer Services Ltd has informed the National Stock Exchange that Fidelity International Limited and its direct and indirect subsidiaries and FMR Corp have acquired 5,85,136 shares aggregating to 0.18 per cent of the ... More

Suranas up stake in Surana Telecom
Surana Telecom Ltd has informed the NSE that Mr Devendra Surana, Director, and its promoters have acquired additional shares of Surana Telecom Ltd during the period March 04, 2006, and to March 14, 2006, from the open market. ... More

Corpus buys Itellix Software for $2.5 m
Gets doman skills, customer base More

BROADBAND


`Broadband policy must be TV-centric'
Expert rues neglect of hardware sector More



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