Financial Daily from THE HINDU group of publications
Friday, April 26, 2002
Markets (April 25)
BL 2501134.04 (-14.43)
BSE Sensex3359.64 (-52.28)
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Dollar (Buy/Sell)48.93/49.06
Gold Std (10 gm)5090

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Tata Elxsi declares 20 pc profit rise
BANGALORE: Tata Elxsi, the technical computing arm of the Tata Group, has reported a rise of 20.77 per cent in net profits for the year-ending March 31, 2002 while its sales revenue declined by 5 per cent for the same period. The ... More

MosChip to raise funds via more pref placements
CHIP-DESIGNING firm MosChip Technologies Ltd has identified corporates such as Gavva Estate, Andhra Pradesh Industrial Development Corporation Venture and individuals such as Mr Sreevishnu Raju, to offer equity shares and warrants on a ... More

SOFTWARE


Geometric net up 34 pc
GEOMETRIC Software Solutions Co Ltd has recorded increase in consolidated revenues to the tune of 49 per cent, for the year ended March 31, 2002. The consolidated revenue was Rs 70.71 crore for the year ended March 31, 2002 as compared to Rs ... More

Digital GlobalSoft net up 71 pc at Rs 93 cr -- Declares 35 pc dividend
DIGITAL GlobalSoft Ltd has reported a sequential growth of 8 per cent in net profit and 10 per cent in total revenues for the fourth quarter ended March 31, 2002 over the previous quarter. Net profit for the quarter stood at Rs 26.6 crore (Rs ... More

Pentamedia Q4 net drops 68 per cent -- Board recommends 1:10 bonus
PENTAMEDIA Graphics Ltd reported a 68 per cent drop in net profit to Rs 10.51 crore for the fourth quarter ended March 31, 2002, as against Rs 33.76 crore the corresponding quarter of last year. The board of directors, which met on Wednesday, ... More

Upturn unlikely in software biz for now, says HCL Insys
THE Delhi-based HCL Infosystems Ltd (HCL Insys) does not see any upturn in its software services business at least for the next two-three quarters as global technology markets continue to be choppy, its Chairman and CEO, Mr Ajai Chowdhry, has ... More

Rational opens new facility
BANGALORE: Rational Software has opened a new facility in Bangalore, which will house its sales and marketing and product teams and also be the headquarters for Rational India. The 30,000 sq ft facility has multiple training centres. ... More

Eonour Tech Q4 profit up 11 pc
CHENNAI: The city-based Eonour Technologies Ltd has reported an 11 per cent increase in net profit to Rs 4.45 crore for the fourth quarter ended March 31, 2002, as against Rs 3.99 crore during the corresponding quarter last ... More

ISPS


Data Infosys to offer Net telephony
WITH Internet telephony having become legal starting April 1, one more Internet service provider (ISP) has joined the bandwagon offering ``cheaper'' international calls to its customers. Category A licence holder Data Infosys Ltd, which ... More

EVENTS


Pvt sector must help bridge digital divide, says Mahajan
THE private sector in the country should come forward and support various initiatives by the Government to promote the use of information technology for social transformation, the Union Minister for Communications and IT, Mr Pramod Mahajan, has ... More

TRENDS


Bavaria team seeks closer IT links
INDIANS form the single largest chunk of IT professionals holding German green cards, according to Mr Karsten Warnecke, German Consul General in Chennai. Of the 12,000 professionals who had arrived in Germany since the visa norms were eased in ... More

NEW PRODUCTS & SERVICES


Computer Associates' tools for wireless environment
COMPUTER Associates International Inc, the US-based software solutions firm that helps address eBusiness, has introduced two innovative solutions that build on the company's advanced technologies and enable organisations to more effectively ... More

Cedar launches automated product
MUMBAI: Management consultants Cedar has launched the automated version of Balanced Scorecard, a management and strategy deployment software product. The product has been jointly developed by Cedar and STEM Computer Systems. Mr Sanjiv ... More

Essar unveils nightspeak on pre-paid
NEW DELHI: Hutchinson Essar, Delhi's second largest cellular service provider, themselves said it will let its pre-paid connection subscribers to avail of a 50-per cent reduction on airtime tariffs for calls made or received between 10 ... More

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