Financial Daily from THE HINDU group of publications
Tuesday, October 21, 2003
Markets (Oct. 20)
BL 2501699.05 (-32.14)
BSE Sensex4851.67 (-78.86)
S&P CNX Nifty1542.70 (-26.75)
US Dollar (Buy/Sell)45.31/45.44
Gold Std (10 gm)5590 (-10)

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STORAGE


Net App plans focus on entry-level storage market
NETWORK Appliance is planning to focus on the entry-level enterprise segment in the storage market, with a host of specific storage systems. The storage solutions market was growing at a rapid pace in India and Net App would cater to the ... More

TELECOMMUNICATIONS


BSNL goes festive with 60-70% cut in ISD rates
IN what could be a Diwali bonanza for its 40 million plus landline, as also its cellular and limited mobility (WLL) subscribers, Bharat Sanchar Nigam Ltd (BSNL) has slashed its ISD call rates to the US, the UK, Canada and other European countries ... More

Tata Tele signs $150-m deal with Ericsson
TATA Teleservices Ltd has signed a contract worth approximately $150 million (Rs 700 crore) with Swedish telecom equipment manufacturer Ericsson for CDMA2000 1X wireless infrastructure for the Tata Indicom mobility services. An announcement by ... More

Tata TeleServices (Maharashtra) revenue up 71 pc
TATA TeleServices (Maharashtra) Ltd has reported a 71 per cent growth in revenue for the quarter ended September 30 to Rs 147.3 crore from Rs 86.34 crore for the corresponding year-ago quarter; while losses expanded to Rs 65.66 crore from Rs ... More

HARDWARE


Palm to launch new models — In talks with retail chains
HANDHELD device maker, Palm Inc, will launch seven new models of handheld computing devices in the country soon and is planning to retail these products at shopping malls across the country. The Palm Solutions Group Chief Evangelist, Mr Paul D. ... More

SOFTWARE


iGATE Global posts net loss in Q2 — To buy IdeaSpace; picks stake in Concours
IGATE Global Solutions Ltd, the Indian subsidiary of Nasdaq-listed iGATE Corp, on Monday reported a loss of Rs 1.24 crore for the quarter ended September 2003, compared to a net profit of Rs 6.49 crore in the corresponding previous quarter. ... More

Bentley may shift Mumbai centre to Hyderabad
BENTLEY Systems India Pvt Ltd, the Indian subsidiary of the $230-million infrastructure software developer - Bentley Systems Inc - is contemplating to shift its Mumbai development centre to Hyderabad, buoyed by the multi-crore mapping and ... More

Elorasoft marketing tool
CHENNAI: The Chennai-based Elorasoft India Private Limited has launched orangeBOB Sales 1.3.1, a desktop sales and marketing software solution for small and medium sized firms. Priced Rs 3,990, the software enables companies to manage ... More

EVENTS


  • Looking back

    VENTURE CAPITAL


    CG Maersk Tech plans to raise $5 m
    THE Chennai-based CG Maersk Technologies Ltd plans to raise funding of about $5 million from a venture capital firm, a strategic or financial investor, for its expansion in the telecom sector. It also plans to increase its non-Maersk revenue ... More
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    The lost city of Baghdad

    Banks hold gilts much in excess of SLR

    Rlys earnings from revenue freight up in first half

    Neoliberalism, investment and growth in Latin America

    In Focus
    The Cable tangle
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    In Depth
    Swati CA
    In Kashmir
    Simple Economics
    Slowburn
    Tax Talk
    NRIs & Investment Avenues
    Corporate Governance
    Iraq Diary

    Looking back
    Oct. 12-Oct. 18
    Bird plans centre in Bangalore — May tie up with Reliance to sell CDMA handsets

    Alcatel finds Indian cellular growth tantalising

    `Third World to power telecom revival'

    `India can be leader in global Web services market'

    Wipro confident of $1-b status this year


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