Financial Daily from THE HINDU group of publications
Saturday, September 07, 2002
Markets (Sept. 6)
BL 2501083.23 (-13.43)
BSE Sensex3141.11 (-40.36)
S&P CNX Nifty995.20 (-13.40)
Dollar (Buy/Sell)48.53/48.66
Gold Std (10 gm)5240 (+40)

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TELECOMMUNICATIONS


Interconnect pacts — Oct 1 deadline set for VSNL
THE Union Communications Minister, Mr Pramod Mahajan, has set a deadline of October 1 for Videsh Sanchar Nigam Ltd (VSNL) to reach suitable interconnect agreements with Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) ... More

TRAI to stop regulating cellular tariffs
THE Telecom Regulatory Authority of India (TRAI) has decided to stop regulating the cellular tariffs being offered by mobile service providers in the country. In its Telecommunication Tariff (23rd Amendment) Order 2002, issued today, the ... More

HARDWARE


Rs 31-cr investment in NetMos — Auditors qualify MosChip accounts
GOKHALE & Company, statutory auditor of MosChip Semiconductor Technology Ltd, the Hyderabad-based loss-making chip design and product development company, has qualified the accounts of the company for the year ended March 31, 2002. These ... More

INDUSTRY ASSOCIATIONS


Nasscom sets up forum in Bangalore
THE National Association of Software and Services Companies (Nasscom) has announced that it has set up a special forum for software products out of Bangalore as part of its initiative to push product development from India. This would take the ... More

MERGERS & ACQUISITIONS


`No hiccups in Polaris, OrbiTech merger plan'
THE legal formalities for the merger of Polaris Software Labs and OrbiTech Solutions Ltd are expected to be over by the month-end, Mr Arun Jain, Chairman and Managing Director, Polaris, told newspersons here today after the company's ninth annual ... More

NEW PROJECTS


Mastek opens fifth centre
MUMBAI: Mastek Ltd has announced the inauguration of its new software development centre at the Millennium Park, Mahape, Mumbai. This centre becomes the fifth one for Mastek, which already has three centres in Mumbai and one in Pune. ... More

ALLIANCES & JOINT VENTURES


iServ India, Tata Infotech to offer high-end services
AN Escorts Group company and provider of IP based value added solutions - iServ India Solutions Pvt Ltd - has tied up with Tata Infotech to offer high-end managed services. The alliance, which launched managed services offerings here, ... More

Affiance open to equity stake for ICICI Infotech
ICICI Infotech has launched a couple of proprietary products developed by its partner, Affiance, a security and loss prevention solutions provider based in the US. SecurDVR, the first product, is a video monitoring and surveillance solution ... More

VIRUSES


Virus alert from IBM
YET another virus is making its rounds now. This is considered much worse than `Melissa', according to information received here. IBM has cautioned users against opening the e-mail titled `It Takes Guts to Say Jesus', for it is said to erase ... More

EVENTS


Connect 2002 to be held in Chennai
THE Confederation of Indian Industry (CII) in partnership with the Governments at Tamil Nadu and the Centre is organising Connect 2002, a premier ICT event, at Chennai for four days from September 19 to highlight the country's strengths through ... More

Women-only quiz by TCS wives' association
MAITREE Thiruvananthapuram, a forum for wives of Tata Consultancy Services (TCS) employees, is hosting what it claims is the first exclusive women-only quiz, titled Anvesh 2002 - The Quest, here on September 15. Announcing the programme, a ... More

Tech-Ed 2002 from Sept 17
BANGALORE: Microsoft Corporation India Pvt Ltd has announced the schedule of its largest annual Microsoft conference and exhibitions in the world — Tech-Ed 2002. Tech-Ed will provide extensive networking opportunities for over ... More

VENTURE CAPITAL


FirstRing receives $25 m in venture funds for expansion
FIRSTRING, the call centre company that was recently in the news as an acquisition target for Polaris, has tied up funds of $25 million from two global venture capitalists. The investment is expected to come between September 30 and October ... More

OUTLOOK


Parsec eyes new markets
The Kochi call centres are over and above plans of the company to offer Build Operate Transfer (BOT) model for setting up call centres for entrepreneurs in Kochi. More

NEW PRODUCTS & SERVICES


Digital to relaunch two products
MID-CAP software major, Digital Globalsoft Technologies Ltd plans to re-launch two of its existing products which it acquired last year from former parent Compaq in a new package and a brand-new product on mobility framework next month, head of ... More

Pinnacle Systems launches PCTV
PINNACLE Systems Inc has launched PCTV plus, a TV tuner card that offers viewing, record, pause and replay of live television programmes on a PC in the Indian market. PCTV Plus allows recording shows in high quality MPEG - 1 or MPEG 2, which ... More

HP rolls out new products
NEW DELHI: Hewlett-Packard India has launched 22 new digital imaging products in its largest consumer product roll-out in the country. The products include photo smart printers, inkjet printers and scanners. The products will be ... More


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