Financial Daily from THE HINDU group of publications
Wednesday, May 01, 2002
Markets (April 30)
BL 2501138.04 (+19.07)
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TELECOMMUNICATIONS


Batata is now Idea Cellular
CELLULAR services giant Birla-AT&T and Tata (Batata) has christened itself Idea Cellular Ltd. Mr Ratan Tata, Chairman of the Tata group, unveiled the company's new name here on Tuesday. The company's new brand, !dea, will replace the ... More

Cell merger by June, says BPL
THE merger of Birla-AT&T and Tata (Batata) and BPL for cellular services will be finalised by June this year and is not bogged down due to any problem, BPL officials said today. Mr Sandip Basu, Group Chief Financial Officer of BPL Mobile, and ... More

HARDWARE


Moser Baer net up 60 pc at Rs 221 cr
MOSER Baer India Ltd (MBIL), the world's third largest maker of recordable CDs, DVDs and floppy disks, has announced a 60 per cent increase in its net profit for the year 2001-02 at Rs 221.30 crore as against Rs 138.5 crore in the previous ... More

In no mood to talk shop!
Manufacturers and traders of electronic components downed shutters in Chennai, in a two-day protest against the sales tax hike in the Tamil Nadu Budget for 2002-2003. Joining his comrades is this trader on Ritchie ... More

TVS Electronics profit down 56 pc
CHENNAI: The city-based TVS Electronics Ltd has reported a 56 per cent drop in net profit to Rs 47 lakh for the quarter ended March 31, 2002, compared to Rs 1.08 crore during the same quarter last year. Net sales/income from ... More

SOFTWARE


From design to doorstep
From screen to store shelf, it's now a matter of weeks. Saving on `time to market' and on costs, without compromising on quality, was a manufacturer's dream. Now, small and medium Indian companies feel they have the magic wand in hand — comp uter-aided design (CAD) and computer-aided manufacture (CAM) software tools. More

DSQ Soft reports net loss of Rs 21.78 cr
DSQ Software Ltd has reported a net loss of Rs 21.78 crore for the quarter ended March 31, 2002, as against a net profit of Rs 28.61 crore during the same quarter previous year. The company reported a net loss of Rs 17.93 crore in the previous ... More

Time to uncork cheer
There's no dropping the e from e-business, says a technology forecast. Time to raise a toast to resilience? More

Growth guidance fuels rally in Polaris
POLARIS Software Lab has gained by 23 per cent in the last week riding on an upbeat growth guidance issued by the management for the current fiscal, including its aggressive acquisition plans. On the BSE, the stock has increased from Rs 193.05 ... More

INTERNET


Feeding meaning into the Web
The semantic Web will let computers understand the meaning and relationships between words — a smart network that can understand human language the way humans understand it. More

Karvy portal on corporate laws
KARVY Consultants Ltd, the Hyderabad-based integrated financial services giant, has launched a portal aimed at empowering the corporate law practitioners to discharge their duties with speed and minimal paper work. Launching the portal More

MANPOWER


Satyam to recruit more, foray into BPO
The company, which is looking at new areas such a business process outsourcing (BPO), which has not yet fully concretised, is one such area where recruitment could soon be initiated. More

MERGERS & ACQUISITIONS


QuEST in talks to buy 2 cos
THE Bangalore-based engineering design services firm, QuEST (Quality Engineering and Software Technologies Pvt Ltd), is planning to acquire two companies, one in India and another in the US. It also plans to invest $5 million in expanding its ... More

E-COMMERCE & E-BUSINESS


Benefits of technology for the masses -- Prathina plans digital theatre in each mandal
The company has roped in the support of Andhra Pradesh Government and has initiated a pilot project to establish e31 centres in each mandal. More

Are your returns this concrete?
IT users want quantifiable gains, returns that are tangible. For vendors, this means being very specific about consumer needs. More

Committee to draft e-readiness report
NEW DELHI: The Department of Information Technology will shortly appoint a committee to draft guidelines and formulate a framework for preparing India's `First e-readiness report', which will outline the progress made by the States, Union ... More

INTERVIEW


It's all for Linux
It's a story that has not been told before - the story of a Linux enthusiast who hails from Chennai and who was involved in the Indian network all the way from the US. More

PEOPLE


Doraiswamy named HP President
BANGALORE: The global merger between HP and Compaq has started impacting the Indian corporate space. In an internal communique to the employees of HP and Compaq in India, Mr Balu Doraiswamy, currently the Managing Director, Compaq ... More

TRENDS


Winners all, with e-games
The electronic and online gaming industry is booming. Video game makers are coming out with more sophisticated games and software. And the kids, and their parents, aren't complaining. More

Concurring on but one thing
Economists come in many hues but speak with one voice — on restricting the `Microsoft monopoly.' More

BOOKS


A question of ethics
The Ethics of Cyberspace
Cees J. Hamelink
SAGE Publications
Price: £16.99 More

CARTOON


Cartoon
Viswanathan of India defeats the computer hands down in 10 straight games of solitaire!!"

More

NEW PRODUCTS & SERVICES


Smart debut
Zintec Software has unveiled the zdx-7100 series digital television set top box for the global home entertainment market. Company officials Chris de Jong and Yogesh Shyam Maurya look on at the unveiling. ... More

NetXcell solution for SMS
NETXCELL, a Hyderabad-based mobile applications solutions provider, has announced the launch of Land Line 2 SMS server version 1.0 which the company maintains will open new business opportunities for cellular and basic phone operators. Mr ... More

Media Lab launches GIS software
NEW DELHI: Media Lab Asia (MLA), a joint venture between the Government and Massachusettes Institute of Technology, has launched what it claims is the world's first open-source Geograpical Information System (GIS) software for handheld ... More


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Top Stories
Satyam to recruit more, foray into BPO


Industrial investment in AP up 12-fold in 2 years

Investments in 93 PSUs fully eroded by losses: CAG

Sugar mills see succour in `gasohol' policy

UTI redeems MIP '97 at Rs 10 per unit -- Shortfall made good from Reserve Fund

You bet, forex is the bigger asset!

ICICI Prudential unveils two new pension schemes

Oil cos may go in for staggered price hike

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Apr. 21-Apr. 27
TRAI nod unlikely for free limited mobility pricing

Bharti Tele not averse to entering limited mobility

Bharti makes international calls up to 40 pc cheaper

TCS to reduce intake -- Largest recruiter to go slow

DoT alarmed by phone surrenders

HCL Tech Q3 net up 2 pc -- Other income doubles to Rs 41.3 cr

Satyam to float separate co for BPO foray

Digital GlobalSoft net up 71 pc at Rs 93 cr -- Declares 35 pc dividend


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