The Hindu Business Line : Tuesday, April 16, 2002

Tata Tele TN project to cover 7 cities
TATA Teleservices Ltd, the basic telecom services provider and part of the Tata group, has announced plans to cover seven cities in Tamil Nadu, six urban towns in Karnataka and five in Gujarat in the first year of operations. While announcing ... More

`Mahajan effect' speeds up village telephony
THE Union Communications Minister, Mr Pramod Mahajan's warning to Bharat Sanchar Nigam Ltd (BSNL) and the private basic operators to deliver on their targets of providing village public telephones (VPT) seems to be having an impact. As per the ... More

SOFTWARE

Frontier Info to foray into China
FOR corporates in Hyderabad `China beckons' seems to be emerging as an attractive call. Pharma majors Dr. Reddy's Laboratories and Aurobindo Pharma and information technology leader Satyam Computer Sciences have already set up shop there. The ... More

FIIs reduce stake in SSI; promoters' holding in tact
FOREIGN institutional investors (FIIs) have reduced their stake in SSI Ltd by 1.68 per cent to 16.19 per cent (21.80 lakh shares) during the quarter ended March 31, 2002. The FII stake was 17.87 per cent (24.06 lakh shares) in the previous ... More

GTL subsidiary eyeing international market -- To break even this fiscal
GLOBAL E-Secure Ltd, the security solutions subsidiary of GTL Ltd, is looking to expand its operations to international markets by leveraging the parent's client base. Also, the company expects to achieve operational break-even on revenues of ... More

New faces on Polaris board

EVENTS

IBM roadshow on April 19
KOLKATA: A seminar-cum-roadshow on Web services aimed at showcasing dynamic e-business using open Internet standards is slated to be held here under the aegis of IBM India on April 19. Similar seminar-cum-roadshows would also be held in ... More

Looking Back

VENTURE CAPITAL

`India second largest market for VC funding'
DOT-COMS may have burst and software firms may have got hit, but a Venture Capitalist (VC) can never curb his animal spirits. Even in fiscal 2001-02, one of the toughest years for the tech sector, VCs pumped in over $ 1.1 billion into India's ... More

`Venture capital, pvt equity lines blurred in India'
PRIVATE equity capital and venture capital firms are perceived to play into each other's territory and the distinctions more or less blur in a situation typically obtaining in India, which is attributable to the small size of the market that is ... More

OUTLOOK

ECIT eyeing Rs 100-cr turnover
CHENNAI: The ECIT, the IT education wing of Electronics Corporation of India Ltd (ECIL), under the Department of Atomic Energy, expects to achieve Rs 50 crore turnover during the year ending March 31, 2003. The division did a turnover ... More

NEW PRODUCTS & SERVICES

LMS launches Virtual.Lab
BANGALORE: Flemish company LMS International has launched Virtual.Lab, its new product suite for virtual prototype simulation. The solution helps to predict, measure and refine acoustics and vibration in virtual models of engineering ... More

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`Mahajan effect' speeds up village telephony

`India second largest market for VC funding'

Kotak Mahindra to merge four arms with itself

SCI asked to put investment decisions on back-burner

Hind Lever sales dip 10 pc, net rises 26 pc in Q1

In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
Apr. 7-Apr. 13
Bharti makes an international call

Even mofussil India is going mobile! -- March sees 3.8-lakh new subscribers

IT is still highway as far as jobs go

Infosys posts 37 pc growth in revenue -- Net up 28.5 pc; to pay Rs 20 total

FII investment in telecom to be outside FDI cap

Infy forecasts growth of 18-22 pc in 2002-03

High-tech snooper to keep tabs on shirking AP Govt employees