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Wednesday, May 12, 2004

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INFO-TECH

TELECOMMUNICATIONS
Reliance Info cuts STD tariffs
RELIANCE Infocomm has announced a 25 per cent cut in inter and intra-circle calls to fixed telephones made by Reliance IndiaMobile customers of its fixed wireless phone (FWP) and the fixed wireless terminal (FWT) services. This comes close on ... More

TTSL doing a `clean-up act'
IN a shocking performance for a high profile company in an industry which is supposed to be in the robust spring of its youth, Tata Teleservices' subscriber base has depleted by nearly 10,000 in the wireline segment and by over 5,000 digital ... More

SOFTWARE
Tesco to set up captive unit in Bangalore
RETAIL giant Tesco expects to leverage the Indian IT expertise in migrating its worldwide operations from existing legacy systems. The company is in the process of implementing US-based Retek's merchandising and advanced retail planning and ... More

Subex plans to hike capital
BANGALORE: Subex Systems Ltd is seeking to hike its authorised share capital to Rs 32.1 crore from 30.78 crore. The company has called for an extraordinary general meeting to seek the shareholder's approval in this regard. The company ... More

L&T, PeopleSoft in pact
MUMBAI: L&T Infotech and PeopleSoft, the ERP software company, have signed a partnership agreement with focus on the construction, manufacturing, financial services and telecom industry verticals. Since L&T is an IT and ERP solutions and ... More

INDUSTRY ASSOCIATIONS
AP result — Mixed reactions from technology sector
THE rout of technology savvy Chief Minister, Mr N. Chandrababu Naidu, and the emergence of a Congress-led Government has thrown up mixed reactions from the new technology company leaders. While some expressed concern about the bogey of the ... More

MERGERS & ACQUISITIONS
Pentamedia mergers okayed
CHENNAI: Pentamedia Graphics Ltd has informed Bombay Stock Exchange that at the Court-convened meeting held on May 3, its shareholders approved the scheme of amalgamation, arrangement and compromise between the company, Media Dreams Ltd., ... More

BROADBAND
VSNL offers bandwidth on demand
VIDESH Sanchar Nigam Ltd on Tuesday announced the introduction of telecom bandwidth on short-term contracts through a new product called Tata Indicom-Bandwidth-on-Demand. This corporate data product has been designed to meet short-term urgent ... More

ISPS
Data Access to exit dial-up services
INTERNET service provider Data Access India Ltd has informed the subscribers of `Now' ISP that the company will stop offering its dial-up Internet access services from May 22. "We had announced a couple of months ago that we will gradually exit ... More

EVENTS
Nasscom summit to focus on ITES/BPO
`The summit in India will provide a platform for both third-party and captive vendors to understand and discuss key issues to sustain competitive advantage.' More

IT-ENABLED SERVICES
Talks are on with Bharti, confirms Spectramind
WIPRO Spectramind has confirmed that it is in talks with Bharti Tele Ventures for offering call centre services to the latter. Speaking to Business Line, its Chairman and Managing Director, Mr Raman Roy, said, "We are in discussions ... More




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