Financial Daily from THE HINDU group of publications
Saturday, January 21, 2006
Markets (January 20)
BSE Sensex9520.96 (+71.12)
S&P CNX Nifty2900.95 (+30.10)
US Dollar (Buy/Sell)44.20/44.33


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TELECOMMUNICATIONS


United Telecom's operations in Nepal hit
THE ongoing political crisis in Nepal has resulted in losses to the Indian telecom company United Telecom Ltd (UTL), which is offering cellular and long distance services in the Himalayan kingdom. The loss is mounting with the Nepalese ... More

TRAI seeks monthly data on international call traffic
IN a bid to tackle the growing grey market in the international long distance segment, the Telecom Regulatory Authority of India (TRAI) has ordered all operators in the country to submit traffic data on a monthly basis. TRAI has sent notices to ... More

Idea Cellular `Pay Easy'
KOCHI: Idea Cellular in order to help its customers to make the bill payments on time, has introduced a new service `Pay Easy' in the State from January 18, according to an official release. Mr B Ramakrishna, Circle Head, Kerala Idea ... More

HARDWARE


SemIndia, partners to invest $30 m for ATMP facility — Remaining $45 m to be raised via debt route
CLOSE on the heels of announcing its decision to set up a semiconductor Assembly-Test-Mark-Pack (ATMP) plant in India, SemIndia today said the company, along with its strategic investors, would `chip-in' $25-30 million out of the $75 million ... More

SOFTWARE


HR service firm Ma Foi plans to enter IT sector
MA Foi Management Consultants, a staffing and HR service provider, will enter into IT sector through a wholly owned subsidiary, Minvesta Infotech, according to Mr Pandia Rajan, Managing Director, Ma Foi. Speaking at the inauguration of Ma Foi's ... More

Nasscom signs MoU with Irish software body
SOFTWARE association Nasscom and Irish Software Association (ISA) have signed a memorandum of understanding (MoU) to cooperate on issues that would support the development of the software sector in India and Ireland. Under the MoU, the two ... More

Vonexus distributor
BANGALORE: Vonexus Inc, a subsidiary of Interactive Intelligence Inc, has named Tecnomic Marketing Services as its master distributor throughout the Indian sub-continent, which includes India, Sri Lanka, Pakistan and Bangladesh. ... More

INTERNET


YSR launches portal for legal services
THE Chief Minister, Dr Y.S. Rajasekhara Reddy, on Friday launched a portal www.ejustice.org.in that seeks to provide all information and support required in legal matters. Dr Reddy said at the click of ... More

IT TRAINING


MS opens third training centre in Karnataka
MICROSOFT India has announced the launch of its third IT academy in the state. The academy is part of an MoU the company signed in November 2004 with the Karnataka government for implementation of the Microsoft Partners-in-Learning (Pill) ... More

HUMAN RESOURCES


Satyam adds 35 clients, sets up M&A team
SATYAM Computer Services Ltd has inducted about 950 people during the third quarter, thereby taking its headcount to 23,432, while simultaneously adding 35 clients, the highest addition in a quarter. Along with its subsidiaries, including ... More

ALLIANCES & JOINT VENTURES


Pact for Search Marketing Agency
BANGALORE: Sir Bertie Ahern, Prime Minister of Ireland, witnessed the signing of the joint venture partnership for setting up the Search Marketing Agency in the city recently. The new company is the combined effort of Natural Search ... More

OFF-SHORE DEVELOPMENT


GMT sets up Asia base in Chennai
THE Atlanta-based GMT, a workforce optimisation solution provider, is setting up base in Chennai to service the Asian market. Mr Roger Avats, Chairman and CEO, GMT, told Business Line that the company provides software for call centres, ... More

EVENTS


Infosys to participate at WEF
BANGALORE: Infosys Technologies Ltd on Friday announced its participation at the World Economic Forum Annual Meeting 2006, Davos. According to an Infosys statement here, the company would be taking an active role in `Creating Future ... More

SOCIETY & DEVELOPMENT


Philips Software gesture to bridge digital divide in Karnataka
PHILIPS Software has contributed computer systems to support the Bangalore Chamber of Industry & Commerce's (BCIC) sponsored Rural Information Technology Initiative "Industry's Action for the Village". The scheme will help in reducing the ... More

PEOPLE


New Quintegra board
QUINTEGRA Solutions, a global IT services and consulting company, has reconstituted its board with a new set of directors following its acquisition by Mr Vaidyanathan Shankarraman and his associates a couple of weeks ago. Mr Shankarraman, ... More



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