Financial Daily from THE HINDU group of publications
Tuesday, February 19, 2002
Markets (Feb. 18)
BL 2501130.38 (+4.04)
BSE Sensex3633.93 (+31.91)
S&P CNX Nifty1172.85 (+12.90)
Dollar (Buy/Sell)48.62/48.75
Gold Std (10gm)4970

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INFO-TECH

PREFERENTIAL ALLOTMENTS


Cyberneme to buy Odyssey warrants
CHENNAI: Cyberneme proposes to acquire 1.10 million share warrants in the city-based Odyssey Tech on preferential basis. The warrants carry an option to convert each warrant into one equity share of Rs 10 at a premium of Rs 11 per share ... More

TELECOMMUNICATIONS


MTNL stake sale may gather speed after Feb
THE process of strategic disinvestment of Government equity in Mahanagar Telephone Nigam Ltd (MTNL) is likely to gain momentum after February 28, the cut-off date within which Group A and Group B employees of MTNL are required to exercise their ... More

The driving force behind Bharti group
MR Sunil Bharti Mittal did not need the $171 million his company raised in February in the country's first initial share sale by a non-state-owned mobile phone company. What he needed was prestige. It was not just to bolster the pride of a man ... More

Bharti scrip ends day one below par
THE Bharti Tele-Ventures scrip closed at Rs 44.15 on the BSE on Monday, its first day of trading, a little below its offer price of Rs 45 per share. The scrip, however, opened higher at Rs 50 per share, touching an intra-day high of Rs 55 and ... More

AirTel coverage in 8 more circles by May
BHARTI Cellular Ltd proposes to launch its cellular services under the brandname AirTel in eight additional circles across the country on the General Packet Radio Service (GPRS) platform by mid-May 2002. This is expected to make it the largest ... More

Net telephony: Parity for ISPs, operators urged
THE Associated Chambers of Commerce and Industry (Assocham) has urged the Government to ensure that telecom operators and Internet service providers (ISPs) are treated at par while granting permission to offer the Internet telephone ... More

SOFTWARE


ABB sets up R&D centre in Bangalore
ABB on Monday announced the setting up of a research and development (R&D) centre in Bangalore to focus on software development and industrial information technology. The R&D centre, expected to have a core team of about 30 to 50 ... More

INTERNET


24/7Customer.com rules out stake sale
ELECTRONIC customer relationship management start-up, 24/7 Customer.com, has ruled out any possibility of equity dilution in the near-term, quashing market talk that Intelnet Global Services Ltd was close to buying out the start-up. Intelnet is a ... More

Geojit Infofin to market MetLife products
BANGALORE: Geojit Infofin Technologies, a wholly owned subsidiary of Geojit Securities Ltd, has been appointed as the national marketing and distribution agency by MetLife India Insurance Company. The agreement between MetLife will give Geojit ... More

IT TRAINING


  • Polytechnic signs MoU with Camet

    ALLIANCES & JOINT VENTURES


    NIIT ties up with SunGard
    NEW DELHI: NIIT on Monday said it has tied up with US-based business consulting firm, SunGard Planning Solutions, to offer disaster recovery and business continuity planning solutions in Asia Pacific and India. The tie-up with enable ... More

    INTERVIEW


    European cos warming up to outsourcing
    Many European companies have accepted the idea of outsourcing, but are only outsourcing things that cannot go very wrong. More

    ISPS


    ISPs surrendering licences to get back guarantees
    INTERNET Services Providers (ISPs) who surrender their ISP licences will not have to wait for six months before their performance bank guarantees are returned by the Government. Instead, their performance bank guarantees shall be returned to them ... More

    EVENTS


    Indiasoft meet to focus on alternative export markets
    OVER 600 delegates from about 25 countries would participate at the Indiasoft 2002 to be held here from February 20-22 with its focus of attention on providing small and medium software companies access to markets like Latin America, the ... More

  • Bangalore Tech Show in Dubai

    STANDARDS & BENCHMARKS


    Essae Tech bags ISO certification
    BANGALORE: Essae Technologies Private Ltd, a provider of bar-coding systems and solutions, has been awarded the ISO 9001-2000 certification. The quality management system of the company was audited and certified by TUV Rheinland India ... More
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
  • Top Stories
    FMCG sector growth inches up, says study


    European cos warming up to outsourcing

    `ARC should create market, not buy bad loans'

    DCA tightens norms on loans to directors

    Silo deadline extended

    NTPC, Rlys sign pact on power plants

    Is the world headed for depression again?

    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    Feb. 10-Feb. 16
    Wipro enters laptop segment

    ChrysCapital buys 5 pc stake in NIIT -- Seeks FIPB nod for 10 pc more

    Cellular subscriber base touches 5.72 m

    Softwares cos see downtrend in staff costs

    VSNL enters Tata family

    `Interest' grows in software firms


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