The Hindu Business Line : Saturday, January 19, 2002

Corel Telecom develops new integrated voice & data switch
The relatively lower cost of the switch has been possible because none of the components is imported. Everything has been developed in-house. More

Stay connected outside AP too
BIRLA Tata AT&T Ltd, through Tata Cellular in Andhra Pradesh, has announced the launch of roaming facility on its pre-paid Freedom card that allows subscribers to stay connected in other States including Tamil Nadu and Kerala. This new facility ... More

HARDWARE

Wipro Infotech earnings down; server sales hit
THE earnings of Wipro Infotech, which dipped for the second time in a row over the previous quarter, have been affected by the tough times in the hardware industry, Mr Suresh Vaswani, CEO, Wipro Infotech, said. Q3 revenues stood at Rs 154.2 ... More

HCL Insys net down 16%
THE Delhi-based computing major, HCL Infosystems Ltd (HCL Insys), on Friday announced a 16-per cent fall in its net profit for the quarter ended December 31, at Rs 14.6 crore over Rs 17.49 crore in the corresponding quarter last year. Net sales ... More

SOFTWARE

Wipro posts 17 pc rise in Q3 net
WIPRO Ltd has recorded a 12 per cent growth in revenues at Rs 875.9 crore and a 17 per cent rise in net profit at Rs 223.6 crore for the third quarter ended December 31, 2001. For the nine-month period ended December 31, 2001, net profit grew ... More

VJIL promoters set to consolidate holdings
THE promoters of VJIL Consulting Ltd, the Hyderabad-based software solutions company, are planning to consolidate their holding in the company to 40.56 per cent from the current level of 31.99 per cent. Towards this, the company proposes to ... More

Wipro to resort to `strategic' rate cuts
WIPRO Ltd is likely to cut its rates to grab business even as pricing pressure continues to drive down volume growth, its Chief Financial Officer (CFO), Mr Suresh Senapati, has said. Wipro reported a 2.4-per cent dip in volume growth ... More

Satyam trimming flab, seeks clients
NEW client engagements, growing existing accounts through long-term association and divestment of stake in Satyam Infoway are set to play a decisive role in the performance of Satyam Computer Services Ltd, the fourth largest IT company in the ... More

MFs increase stake in Polaris
MUTUAL Funds have increased their stake in Polaris Software Labs Ltd to 9.19 per cent (47.0l lakh shares) during the third quarter ended December 31, compared to 7.34 per cent (37.57 lakh shares) the previous quarter. At the end of Q3, the ... More

Sierra Optima posts loss in Q3
HYDERABAD: Sierra Optima Ltd, has recorded a loss of Rs 46 lakh on a total income of Rs 4.49 crore for the third quarter ended December 31, as against net profit of Rs 3.04 crore and a total income of Rs 10.55 crore for the ... More

Mascot Systems makes Aussie foray
BANGALORE: Mascot Systems has said that it has made a foray into the Australian market by bagging orders worth Australian $1.1 million. Its customers in the region include a leading water services provider for which the company will ... More

NIIT bags contract in Australia
COIMBATORE: NIIT has been awarded the multi-million software maintenance, support and enhancement contract by the Victorian Government's Department of Infrastructure. The contract is due to take effect from February 4, and is to be ... More

GE software centre first phase over
BANGALORE: GE Global Technology Solutions (GEGTS), GE's wholly-owned software development centre in Bangalore has just completed its first phase of operations. Set up in September 2001 to support GE's global digitisation initiatives, ... More

INTERNET

Sify calls EGM on Feb 28
SATYAM Infoway Ltd has called for an extraordinary general meeting (EGM) on February 28 for the company's board of directors "to consider to sell the business of software services division as a going concern to its parent firm, Satyam Computer ... More

E-COMMERCE & E-BUSINESS

Tax by the wire
K. Srinivasan examines the recommendations of the High-Power Committee on e-commerce taxation. More

M-COMMERCE

Logica global messaging service
NEW DELHI: Logica, supplier of messaging and mobile payments solutions, has announced the launch of its Global Interconnect Network. This development establishes a worldwide messaging service that extends the delivery of text messages to ... More

IT-ENABLED SERVICES

IT-enabled services -- Bogus operators made a killing
THE dictum `bad coin drives out the genuine one' seems to be in action in the area of IT-enabled services in a few cities where the data processing firms run by fly-by-night operators have mushroomed of late. Coimbatore and Salem have taken a ... More

STANDARDS & BENCHMARKS

JP Systems receives ISO-9001
HYDERABAD: JP Systems India Ltd, the Hyderabad-based mobile software development firm, has announced that it has received the ISO-9001 and Q9001-2000 accreditation from the US-based American Quality Assessors. The certification is ... More

ANNOUNCEMENTS

ModiCorp to change name
NEW DELHI: ModiCorp has announced that the company proposes to change its name to SpiceCorp. The decision to change the name of the company to SpiceCorp had already been approved by the Board and shareholders of ModiCorp. "The change in ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in

Top Stories
INS cautions members on LML ads

HC asks Vellore tanneries to pay up compensation

Bank privatisation efforts faltering

`No time-frame for CRR cut'

Wipro posts 17 pc rise in Q3 net

Rabi oilseeds output set to recover

Infrastructure growth down to 2 pc in Apr-Dec

In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
Jan. 6-Jan. 12
DataEdge deploys e-biz solution for Dr Reddy's

Mobile subscribers touch 5.48 m