Financial Daily from THE HINDU group of publications
Saturday, July 27, 2002
Markets (July 26)
BL 2501068.53 (-25.10)
BSE Sensex3024.35 (-70.61)
S&P CNX Nifty973.50 (-28.05)
Dollar (Buy/Sell)48.64/48.77
Gold Std (10 gm)5140 (-20)

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TRAI puts on hold VSNL bandwidth price hike plan
THE Telecom Regulatory Authority of India (TRAI) has put on hold Videsh Sanchar Nigam Ltd's (VSNL) proposal to hike international bandwidth prices for voice carriage by nearly 300 per cent. According to official sources, the company, which had ... More

BPL Mobile `in line with rivals growth'
BPL Mobile Cellular Ltd has sought to correct the impression that the growth in its customer base in the first six months of 2002 has been far less than that of its rivals. The company also downplayed the news that it had run up a huge ... More

BSNL staff resent entry of Reliance
RESENTING the entry of Reliance Industries Ltd into its premises, the BSNL Employees' Union has chalked out an agitation programme, as part of which its members will take home their month's salary a day later than the July 31 pay-day. The BSNL ... More

MBT net profit up 69 pc
MUMBAI: Mahindra British Telecom (MBT) has posted a net profit of Rs 44.9 crore in the first quarter ended June 30, 2002, up 63 per cent over the net profit reported in the corresponding quarter last year. According to the company, ... More

  • Private cellular providers' move

    HARDWARE


    TVS-E doubles profit in Q1
    TVS Electronics has almost doubled its net profit to Rs 48 lakh on net sales of Rs 51.49 crore for the first quarter ended June, 2002 as compared to a net profit of Rs 25 lakh on sales of Rs 54.11 crore in the same quarter of the previous ... More

    Tata Elxsi's net, revenues down
    BANGALORE: Tata Elxsi's net profits and revenues for the first quarter-ended June 30, 2002 has declined by 61 per cent and 44 per cent respectively over the preceding March quarter. Net profits for the June quarter stood at Rs 2.87 ... More

    SOFTWARE


    MRO-TEK Q1 profit up 50 pc
    BANGALORE: MRO TEK, a networking company and last mile access solutions provider has reported a rise of 50 per cent in net profits and 31 per cent in revenues for the first quarter ended June 30, 2002 over corresponding period previous ... More

    Nortel solution for Hinduja TMT
    BANGALORE: Hinduja TMT Ltd (HTMT), the IT subsidiary of Hinduja Group has selected an enterprise call centre solution from Nortel Networks for its business process outsourcing unit based in Bangalore. HTMT's advanced call centres, ... More

    GENDER


    Watch out! Women at work
    WITH the Phaneesh Murthy development at Infosys, men in the Indian corporate world are quickly turning the pages of the rulebooks that guide their behaviour at work. According to one Bangalore-based HR executive of a software company, several of ... More

    MERGERS & ACQUISITIONS


    Polaris close to buying out FirstRing India?
    AFTER acquiring Citigroup software company `Orbitech', Polaris Software Lab, the Chennai-based financial software solutions provider, is on the verge of acquiring another company - this time in the IT-enabled services arena. The company is ... More

    ALLIANCES & JOINT VENTURES


    Yokogawa ties up with Unac
    BANGALORE: The Bangalore-based Yokogawa Blue Star Ltd has announced that it has tied up with Unac Advanced Solutions, a division of Hunter Control, Australia, to provide advanced process control and optimisation services in Inida. Unac ... More

    OUTLOOK


    `Infotech industry to touch $46 b in 2006'
    Within exports, ITES has the highest growth rate followed by services and hardware, respectively. More

    NEW PRODUCTS & SERVICES


    MosChip launches USB products
    These three products — MCS 7710, MCS 7720 and MCS 7717 are in the USB 1.1 space, which has fast growing market, particularly in Taiwan, Hong Kong and China for add-on card manufacturers. More
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  • Top Stories
    CBDT income notification — Coffee planters in a quandry


    HLL market cap falls Rs 1,600 cr — Analysts lower sights on poor monsoon

    `Infotech industry to touch $46 b in 2006'

    Revamp not to affect top brass of Indal, Hindalco: K.M. Birla

    Watch out! Women at work

    RBI dividend even before auditors are through

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Jul. 14-Jul. 20
    Violations in ILD services — DoT asks Data Access to explain `illegal' calls

    Software sector to grow 32-35 pc: ESC

    Sify may be out of Nasdaq listing soon

    Flourishing grey market for Internet telephony

    Hacking of Indian Govt Web sites on the rise

    Software exports touch Rs 36,500 cr: Nasscom

    Bangalore among world's top intelligent communities

    Wipro's new mantra is strategic value


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