Financial Daily from THE HINDU group of publications
Thursday, May 23, 2002
Markets (May 22)
BL 2501101.57 (+2.47)
BSE Sensex3175.49 (-11.04)
S&P CNX Nifty1045.30 (-3.90)
Dollar (Buy/Sell)48.94/49.07
Gold Std (10 gm)5290 (+55)

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OUTSOURCING


Naidu, BP team hold parleys
A five-member delegation lead by the Chief Information Officer and Vice-President of British Petroleum, along with the Managing Director of Satyam Computer Services, Mr B. Rama Raju, met with the Chief Minister, Mr N. Chandrababu Naidu. The CIO ... More

TELECOMMUNICATIONS


`Basic operators need free hand' -- TRAI tariff for WLL too high, says study
BASIC operators seeking to roll out Wireless in Local Loop (WLL) limited mobility services need to be given a free hand in framing their tariff structures, if it has to make a significant impact on the country's current telecom landscape in terms ... More

Shyam Tele to hive off manufacturing biz
IN a significant development, Shyam Telecom Ltd, the Delhi-based telecom equipment manufacturer and cellular and basic telecom service provider, has decided to hive off its telecom equipment manufacturing business. This is part of the major ... More

SOFTWARE


OrbiTech merges with Polaris -- Citigroup is largest stakeholder
A 100 per cent subsidiary of the Citigroup, OrbiTech Solutions Ltd, is to be merged with Polaris Software Lab Ltd. The new merged entity will continue to be called Polaris Software Lab Ltd and will have 3,800 employees. The merger comes into ... More

IT TRAINING


Padmalaya Vision, CMTES tie up
CMTES Informatics Ltd, a computer education provider having over 120 training centres in the South, has announced it has entered into a tie-up with Padmalaya Vision Ltd for a specialised multi-media training programme targetting the entertainment ... More

BROADBAND


  • Kerala: Minister calls halt to digging of roads

    EVENTS


    Action plan on hardware park soon: Karnataka Minister
    THE Karnataka Information Technology Department is expected to come out with an action plan on the proposed hardware park at Devanahalli near Bangalore soon. Prof B.K. Chandrashekar, the State IT Minister, said an official meeting would be ... More

    VENTURE CAPITAL


    Venture capitalists in CustomerAsset get offers for stake
    ICICI Bank Ltd and some global business processing enterprises and call centre players are in advanced talks with CustomerAsset to buy out part or whole of the equity held by venture capitalists in the firm, sources familiar with the talks have ... More
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  • Top Stories
    Pre-1971 cos continue to dominate: CMIE study


    Pajero hits Indian roads -- To be priced at Rs 33.85 lakh

    OrbiTech merges with Polaris -- Citigroup is largest stakeholder

    UTI market share dips below 50 pc in April

    Rubber - A success story 100 years in the making

    US farm subsidy: A wake-up call

    Abdul Ghani Lone: A moderate, rational voice silenced

    ITC net up 18 pc at Rs 1,190 cr -- To pay dividend of 135 pc

    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    May. 12-May. 18
    Digital to gain from HP-Compaq merger

    I-T benefit denied to BSNL, MTNL

    Rural foray deals blow to BSNL's revenue per user

    Tata's open offer for VSNL oversubscribed

    BSNL set to offer STD calls 30 pc cheaper: Pilot VoIP project under way

    New licensing norms issued: Sharing of bandwidth for call centres allowed

    Rediff revenues up 340 per cent: Net loss at $14.75 million

    Top cos see staff costs going up


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