The Hindu Business Line : Friday, July 18, 2003

BPO jobs to grow at 32%: IDC survey
TOTAL employment in the business process outsourcing (BPO) industry is expected to reach 0.6 million by 2007, according to a research done by International Data Corporation (IDC) in association with the Associated Chambers of Commerce and ... More

AWARDS & HONOURS

Award for Pramati server

TELECOMMUNICATIONS

BSNL, MTNL to retain ISD rates — PSUs won't respond to cheaper pvt mobile tariffs
EVEN as all the private cellular operators have slashed their ISD tariffs to Rs 15.99 per minute, both Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) have decided to continue with their existing tariff rates, which are ... More

Cell firms told to be transparent in tariff schemes
THE Telecom Regulatory Authority of India (TRAI) has said that service providers must ensure that the customer is informed about the flexibility of various tariff schemes offer, irrespective of the source of the mobile handset. According to an ... More

Samsung head sees big scope for camera phones
An estimated 147 million camera phones will be sold worldwide by the year 2007. More

STOCKS

Active trading in Bharti Tele
THE Bharti Televentures stock today vaulted in price and volumes on major bourses on bulk buying. According to dealers a select FII reportedly purchased the stock from an institutional holder today. The stock recorded a volume of 24.44 lakh ... More

FINANCIAL PERFORMANCE

Aftek Infosys net rises 25 per cent
AFTEK Infosys Ltd's net profit for the year ended June 30, 2003, rose 25 per cent to Rs 42.15 crore from Rs 33.67 crore the previous year. Net sales rose 49 per cent to Rs 92.01 crore compared to Rs 61.55 crore in fiscal 2002, aided by the ... More

Geometric Software net up 15.8 pc in Q1
GEOMETRIC Software Solutions has reported an increase of 15.82 per cent in net profit, year on year, for the quarter ended June 30, 2003. Net profit amounted to Rs 2.83 crore for the quarter, whereas net profit during the same quarter of the ... More

Software services lift NIIT net to Rs 3.4 cr
NIIT has said its net profit for the third quarter ended June stood at Rs 3.4 crore as compared to a net loss of Rs 1.3 crore in the same quarter a year ago, aided by strong growth in its software services business. Consolidated revenue of ... More

Sonata Q1 PAT down 20 pc
SONATA Software has declared a lower profit after tax of Rs 2.54 crore for the first quarter, down from Rs 3.19 crore during the corresponding previous period, a decline of 20 per cent. Revenues fell five per cent to Rs 18.72 crore against ... More

SOFTWARE

Infosys buys forward contracts to insulate from forex fluctuations
IN a bid to insulate itself from the foreign exchange rate fluctuations, software major Infosys Technologies has bought more forward contracts amounting to $274.5 million by the end of June-quarter in current fiscal, up from $88 million at the ... More

Satyam solutions for Universitas 21G
SATYAM Computer Services Ltd announced it has implemented host of technology solutions, including the student administration system (SAS) and a portal for the Singapore-based Universitas 21 Global (U21G), a consortium of universities offering ... More

CMS is Network App reseller

Software solutions

IT TRAINING

Bengal to focus on IT education for the masses
THE focus of West Bengal's Department of Information Technology (IT) in the current fiscal would be on taking IT to the masses and bridging the digital divide across the State, according to Mr Manabendra Mukherjee, West Bengal's Minister for ... More

FOREIGN DIRECT INVESTMENT

`Govt should ease FDI flow to IT sector'
LET government not put money into information technology, let it only make it easy for foreign direct investment to come into the country, the Chairman and Chief Mentor of Infosys Technologies, Mr N.R. Narayana Murthy, has said. He was ... More

HUMAN RESOURCES

`Indian cos abroad must hire more local talent'
INDIAN IT services companies moving into different geographies must hire local talent and be proactive in their public relations to address the backlash against offshore outsourcing, according to Gartner. Refining hiring models to employ local ... More

ALLIANCES & JOINT VENTURES

Fortune ties up with NRG

E-GOVERNANCE

Facility to pay water tax online

NEW PRODUCTS & SERVICES

Idea offers global SMS facility
IDEA Cellular Ltd has introduced Global SMS reaching across the largest cross-section of the world's mobile population. Now all Idea customers can send and receive SMS messages across the world, through more than 500 networks, on multiple ... More

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