Financial Daily from THE HINDU group of publications
Friday, November 21, 2003
Markets (Nov. 20)
BL 2501698.32 (-22.84)
BSE Sensex4771.23 (-52.50)
S&P CNX Nifty1522.30 (-18.30)
US Dollar (Buy/Sell)45.72/45.86
Gold Std (10 gm)5935 (-5)

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OUTSOURCING


BPO sector may witness a few IPOs next year
SOME of India's business process outsourcing (BPO) companies may go public next fiscal as their revenues swell to a critical size, costs are well controlled and profits surge. Top tier BPO companies, which employ thousands of people and work ... More

TELECOMMUNICATIONS


It's a tough call for VSNL
FOR Videsh Sanchar Nigam Ltd, it does appear to be a struggle on most of its business fronts. Its international long distance (ILD) telephony business has for the first time ever, reported lower volumes (in calling minutes) for the first half ... More

High-speed data services, global connectivity — AirTel conducts EDGE trials; closer to 3G
MOVING one step closer towards offering 3G services to its subscribers, AirTel, the cellular service of the Bharti Group, has successfully conducted the country's first `Enhanced data rate for global evolution' (EDGE) trials using Ericsson ... More

SOFTWARE


`Tech power' India gets poor billing — Just four ranks away from ITU's `Low Access' category
IT is not just the broad economic parameters that China is racing ahead of India, but even in the information and communication technology (ICT) sector, which is believed to be the traditional stronghold of the country. The digital access index ... More

IBM, i-flex in global tie-up
IBM and i-flex Solutions today announced a global alliance to deliver and market core banking replacement solutions to medium and large size banks worldwide. As part of the agreement, FLEXCUBE's retail module would be made available on IBM's ... More

i-flex overseas listing likely in `next fiscal'
I-FLEX Solutions Ltd expects its overseas listing to happen only in the next financial year. Mr Deepak Ghaisas, CEO of Indian Operations and CFO, i-flex, told Business Line on the sidelines of a press conference that the overseas issue ... More

Spanish co sets up office here to tap Asia-Pacific market
DIALCOM International, the Spanish video-conferencing solutions provider, announced the launch up of India operations, with Bangalore slated to be its Asia-Pacific headquarters. The company is targeting the Indian market with the Dialcom ... More

New solutions from Agilent Tech
AGILENT Technologies, the global test and measurement solution provider, has announced its enhanced operations support system (OSS) solutions that will enable wireless data service providers to profitably deliver the highest quality ... More

MERGERS & ACQUISITIONS


Vote on Reliance offer on Dec 22 — FLAG board to open talks with Pivotal
A MONTH after the proposed acquisition of FLAG Telecom was announced by Reliance Infocomm, a US-based private equity company, called Pivotal Private Equity, has offered to acquire FLAG Telecom for a $220 million, higher than Reliance's offer of ... More

E-COMMERCE & E-BUSINESS


e-commerce is tough call for Third World: Unctad
Although no developing country seems to have regressed in its integration into the digital economy, the majority of them face limitations on development of their e-economy, the United Nations Conference on Trade and Development (Unctad) ... More
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Top Stories
IBM, i-flex in global tie-up


Umbrella brands or independent brands?

Privatisation: Perils of dithering

Service tax liability for distributors — AMFI seeks UTI help to study Finance Ministry circular

New grain export policy gets mixed response

Scary scene

In Focus
Rising intolerance
(The Hindu)
Vaishnavaite Temples in Tamil Nadu
(The Hindu)
Saivite Temples in Tamil Nadu
(The Hindu)
A Tribute to Semmangudi
(The Hindu)
Organic farming
In Chennai
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
Nov. 9-Nov. 15
Unified licensing regime — Small cellular units set store by `alternate solutions'

KPO - the next wave to BPO: High-end knowledge services in keen demand

Pay hike highest in India: Survey

Now, SMS to woo voters

IT spend to rise 4 pc in US next year: Forrester


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