Financial Daily from THE HINDU group of publications
Thursday, September 22, 2005
Markets (Sept 21)
BL 2502406.23(-126.18)
BSE Sensex8487.14 (-13.14)
S&P CNX Nifty2567.30 (-10.70)
US Dollar (Buy/Sell)43.84/43.97
Gold Std (10 gm)6685 (-20)


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OUTSOURCING


Northgate BPO hikes capital, changes name
NORTHGATE BPO Services Ltd has decided to hike authorised capital from Rs 13 crore to Rs 18 crore along with changing the company name to Northgate Technologies Ltd. This follows the company AGM held here today. Addressing a press ... More

TELECOMMUNICATIONS


Tata Indicom's new mobile phone plan
TATA Indicom announced the `0123 plan' for mobile phone customers in Tamil Nadu and Kerala. According to a press release issued by the company, the `0123 plan' offers new tariffs on two recharge vouchers. For the voucher priced at Rs 180, you ... More

SOFTWARE


Lifetime support for all Oracle applications
ORACLE President, Mr Charles Phillips, has announced lifetime support for all new and existing Oracle applications including those that have come into the Oracle fold through acquisitions. Oracle Corporation has announced 9 acquisitions in the ... More

Infotech signs deal with Alstom Transport
INFOTECH Enterprises Ltd has signed a 5-year agreement with Alstom Transport to provide engineering and related services. This deal, expected to fetch about $50-55 million over the period, would pave the way for setting up a dedicated centre at ... More

Zensar Tech in pact with SMT Direct Marketing
ZENSAR Technologies has announced an alliance with SMT Direct Marketing, provider of multi-media contact centre outsourcing services, to provide a combined IT, voice and business process outsourcing services for its international clients through ... More

Extreme Networks sees scope for fast growth here
EXTREME Networks, the $383-million US-based provider of telecom networking solutions, expects increased revenue from its Indian subsidiary in the next two years. Extreme Networks India currently contributes around one per cent of the parent's ... More

HUMAN RESOURCES


Waiting period for Green Card may trigger Indian techies' return
The waiting period is triggered off as there is a pent-up demand in the employment based immigration visa category with a lot of pending labour certifications being cleared. More

MERGERS & ACQUISITIONS


Logistics and transportation management — Oracle gains new product with G-Log buy
ADDING to the string of acquisitions made in the past ten months, Oracle Corporation announced that it has snapped up G-Log, a provider of logistics and transportation management software here. This acquisition, which will be its tenth one over ... More

REGULATORY BODIES & RULINGS


Baijal moots telecom ombudsman
"India needs an independent arbitrator given the cumbersome process for grievance redressal from a consumer perspective." More

OFF-SHORE DEVELOPMENT


Sigma Micro sets up centre in Kochi
SIGMA Micro Corporation, a US-based software developer, is setting up its first offshore development facility at Infopark here as it plans to move a significant part of product development to India in future. The $13 million Sigma Micro Corp., ... More

FSS opens Beijing centre
NEW DELHI: Flextronics Software Systems (FSS), formerly Hughes Software Systems, has announced the inauguration of its first software development centre in Beijing, China. "FSS will use this software design and development centre to ... More




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The Hindu Opportunities Fair on Sept 24-25


Lock-in period for ULIPs mooted

Selling pressure grips small, mid-cap stocks

Rubber stocks continue to rule low

Limit sale of subsidised LPG to poor: IOC

News channels must comply with uplinking norms by month-end

In Focus

Stock splits
India Inc's bonus bonanza
The Yuan Revaluation
Dabhol power regenerated
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Sep. 11-Sep. 17
Rain forces rethink on expansion plans of BPOs in Mumbai

SMEs to propel growth in security tool market: IDC

`Legal work outsourcing potential waiting to be tapped'

Ascendas to hike investment 4-fold — First phase of tech park in Chennai completed

TRAI's success rate with TDSAT only 20 pc


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