Financial Daily from THE HINDU group of publications
Wednesday, February 13, 2002
Markets (Feb. 12)
BL 2501075.47 (-1.40)
BSE Sensex3497.68 (-17.77)
S&P CNX Nifty1129.50 (-2.05)
Dollar (Buy/Sell)48.64/48.77
Gold Std (10gm)4940 (-5)

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OVERSEAS BORROWINGS


Pentamedia GDR allotments
CHENNAI: The board of directors of Pentamedia Graphics Ltd, at its meeting held on February 11, approved the allotment of 14.5 million GDRs (global depository receipts) at the rate of $1.40 per GDR for cash to investors from Europe ... More

ESOPS


Infosys announces ESOP
BANGALORE: The board of directors of Infosys Technologies Ltd at its meeting held on February 11 allocated an aggregate of 26,700 stock options exercisable for equity shares of par value of Rs 5 per share to employees of the company, ... More

HARDWARE


Brocade plans to focus more on Indian market
BROCADE Communications Systems is sharpening its focus on the Indian market and expects double-digit growth in the near future. ``India and China will have double-digit growth in the next few years through increased awareness and deployment in ... More

GENDER


Damsels with a cause
MUCH is being written about information and communication technologies (ICTs). But how do these impact women, and particularly, in the Asian context? The Philippines' Quezon City-based Women's Networking Support Programme is involved in ... More

ALLIANCES & JOINT VENTURES


HCL Insys, Sun form alliance
HCL Infosystems Ltd (HCL Insys) and Sun Microsystems India have announced a partnership under which HCL Insys will provide end-to-end business solutions based on Sun's products and technologies. ``HCL Insys would provide complete solutions to ... More

E-COMMERCE & E-BUSINESS


GTB e-payment pact with Rediff.com
HYDERABAD: Global Trust Bank (GTB) has tied up with Rediff.com for providing e-payment facility to its customers for online shopping. GTB customers, registered for the Internet banking facility, will now be able to make their payments ... More

IT-ENABLED SERVICES


US order for Hinduja TMT
BANGALORE: Hinduja TMT Ltd, which is focussing on the IT-enabled services space, has procured an additional order from one of the large health insurers from the US for processing insurance claims. HTMT at present has 180 agents for ... More

TRENDS


Softwares cos see downtrend in staff costs
THE spending on staff by top software firms in the country has come down sharply during the quarter ended December 31, 2001, compared to the previous quarter. This could be attributed to salary cuts across the board in many companies and onsite ... More

NEW PRODUCTS & SERVICES


SAP launches new package
SAPMarkets, the exchange company of SAP AG, has announced the launch of mySAP SRM (Supplier Relationship Management) package in India. mySAP SRM integrated with all ERP packages, including non-SAP ones, said Mr Ramesh Ramchand, Marketing ... More

Acer launches new PCs
BANGALORE: Acer India has announced the launch of its latest P4 processor-based PCs with Double Data Rate (DDR) support. DDR as the name denotes doubles the rate of speed at which standard SDRAM can process data. DDR works with P4 ... More


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

Top Stories
PPL to set norms for sick PSUs


Rashtriya Chem eyes 74% stake in SAIL unit

Softwares cos see downtrend in staff costs

IA hikes fares on most sectors

Rice exports gain pace -- Indonesia to buy one million tonnes

Open offers up despite fewer M&A deals

Industrial growth hits fiscal year low of 1.6% in Dec

Motor risk premiums to go up from April

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Feb. 3-Feb. 9
`Germany, a window for Indian IT cos'

E-com deals may be kept out of I-T net

VSNL seeking lower `settlement' rate -- Overseas calls set to be cheaper

Wipro campus recruits told to wait till 2003

Software exports up 25 pc in Q3: Nasscom

Tatas hit jackpot with VSNL

SafeScrypt issues digital signature to Mahajan

McKinsey reiterates $50-b export aspirations

Nasscom steps outlined for IT-enabled sector

`Teledensity to grow 4.5 pc this fiscal'


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