Financial Daily from THE HINDU group of publications
Tuesday, May 14, 2002
Markets (May 13)
BL 2501169.57 (+2.75)
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Dollar (Buy/Sell)48.98/49.11
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I-T benefit denied to BSNL, MTNL
THE Ministry of Finance has refused to grant infrastructure status to telecom majors Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), which would enable them to seek exemptions under Section 80IA of the Income-Tax ... More

Insurance cover for Mots subscribers
BPL Mobile has announced the launch of `Mots security', Kerala's first insurance cover for prepaid mobile phone subscribers. BPL Mobile, which claims to have more than 9 lakh customers, has extended insurance cover to both new and existing ... More

SOFTWARE


Navision Software to focus more on SMEs for growth
NAVISION Software India Pvt. Ltd, the Indian subsidiary of the $ 200-million-turnover Navision a/s of Denmark, has decided to focus on the SME (small & medium enterprises) segment for business growth. The end-to-end enterprise business solutions ... More

Compudyne eyes growth of 70-80 pc: Fixes IPO price at Rs 65
MULTIMEDIA and software developer Compudyne Winfosystems Ltd said that it would grow at 70-80 per cent in the current financial year and 80 per cent of its expected revenue will come from its multimedia division. The firm hopes to touch $100 ... More

VisualSoft to consolidate solutions business
VISUALSOFT Technologies Ltd, the Hyderabad-based software products and end-to-end solutions provider, is set to consolidate its solutions space further and provide a strategic shift to products business. It is also eyeing mergers and acquisitions ... More

i-flex gets Sri Lankan bank order
BANGALORE: i-flex Solutions has been selected by NDB Bank, Colombo, as its banking solutions provider — through the former's Flexcube corporate and retail products, according to a press release. The solutions will provide the bank ... More

ISPS


City Online, Darcom join hands
HYDERABAD: City Online Services Ltd (COL) has entered into a joint venture with Darcom Ltd of Israel to offer Voice over Internet Protocol (VoIP) services in Andhra Pradesh and Karnataka. Darcom's Business Development Director, Mr ... More

IT-ENABLED SERVICES


IT-enabled services need focus: CII chief
KERALA should concentrate on IT-enabled services rather than software as it is the new emerging sector for economic development, according to Mr Ashok Soota, President, Confederation of Indian Industry (CII). Speaking to newspersons on Monday, ... More

STANDARDS & BENCHMARKS


Need to standardise telecom towers
HYDERABAD: There has been a spurt in the use of towers in the country for a variety of applications conforming to Global Systems for Mobile Communications (GSM) and Code Division Multiple Access (CDMA), following the unleashing of ... More
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Top Stories
Gond used wife's cos to launder kickbacks


RBI rules out change in G-sec trading norms

RBI rapped for secrecy over wilful defaulters' list

I-T benefit denied to BSNL, MTNL

Flex Industries imbroglio -- Opposition MPs bay for Sinha's blood

Playing catch with China

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
May. 5-May. 11
Software cos see quarter-on-quarter net decline

Satyam may develop new centre for BPO

Do fresh jobs mean IT sector is seeing first signs of recovery?

Wipro: A model to emulate

Cheap rates come calling on Net -- US, Europe turn economical destinations

Cellular subscriber base crosses 6.7 m -- Bharti accounts for 14 lakh

Debtor days: A few cos have a grip


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