Financial Daily from THE HINDU group of publications
Thursday, March 23, 2006
Markets (March 22)
BSE Sensex10841.35(-63.85)
S&P CNX Nifty3240.15 (-22.15)
US Dollar (Buy/Sell)44.53 (+0.08)


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OVERSEAS BORROWINGS


RCoVL FCCB conversion at Rs 480.68 per share
The $500-million (Rs 2,250 crore) foreign currency convertible bonds (FCCBs) issue of Reliance Communications Ventures Ltd. (RCoVL) has been completed; the bonds carry a conversion price of Rs 480.68 per share, representing a premium of 50 per ... More

TELECOMMUNICATIONS


TRAI bars operators from changing tariff of lifetime prepaid offer
TRAI bars any hike in tariff by operators More

HARDWARE


The glamour in IT
Suddenly, IT-related advertising is seeing it all: celebrity endorsers, big budget campaigns and new marketing strategies. More

SOFTWARE


TCS bags Rs 178-cr deal from BoM
To implement core banking in 600 branches More

`Domestic spending on outsourced IT services may touch Rs 23,800 cr'
Airlines, insurance, telecom, banking to drive growth More

MERGERS & ACQUISITIONS


Ybrant Tech plans US acquisition
Ybrant Technologies, an Internet marketing technology company, plans to expand its offerings into providing eMarketing consultancy services. It is in the process of acquiring a US-based e-marketing firm. The Founder-Chairman of Ybrant ... More

ENTERPRISE RESOURCE PLANNING


iGate sets up ERP centre
Technology solutions provider iGate Global has announced the setting up of an ERP (enterprise resource planning) centre of excellence (CoE) at its software development centre in Hyderabad. The company has invested about $1.5 million (about Rs 7 ... More

E-COMMERCE & E-BUSINESS


MetalJunction plans coal futures auction
May collaborate with national, global commodities exchanges More

EVENTS


Intel Capital to hold CEO summit in Mumbai
Intel's venture capital organisation, Intel Capital, has selected Mumbai as the venue of its 7th annual global CEO summit from May 23 to 26. About 400 executives and leaders from different parts of the world are expected to attend the ... More

IPOS


R Systems price band at Rs 210-250
R Systems International Ltd, providers of outsourced and offshore product development services, is coming out with an IPO of 44.08 lakh equity shares of Rs 10 each through a 100-per cent book building process. The issue opens on March 28 and ... More

OUTLOOK


`Sustaining telecom sector growth is biggest challenge'
No cross-purpose with Communications Ministry, says new TRAI chief More

NEW PRODUCTS & SERVICES


Hitachi Global launches support service
Hard disk drive maker Hitachi Global Storage Technologies launched Hitachi Support Service, offering a nationwide `doorstep pick-up and replacement' commitment. The new service is part of Hitachi's Fast and Flexible Warranty ... More

Fedora Core 5 introduced
The latest version of the popular Fedora Core Linux distribution, Fedora Core 5, has been introduced in India. Fedora Core 5 features new desktop applications, advances in security and Xen virtualisation. Enhancements include ... More

Western Digital's 120-GB USB drives
Western Digital Corp announced that its WD Passport Portable USB Drives are now available with 120 GB capacity. The drives allow users to add instant extra storage; back up their notebook computers and easily share files between ... More

Synopsys verification library
Engineering software firm Synopsys Inc announced that its VCSÒ Verification Library, containing DesignWare verification intellectual property, is the first to support testbenches created using IEEE Std 1800-2005 SystemVerilog and ... More




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In Depth

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Looking back
Mar. 12-Mar. 18
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