Financial Daily from THE HINDU group of publications
Wednesday, May 29, 2002
Markets (May 28)
BL 2501090.75 (-24.71)
BSE Sensex3146.83 (-96.58)
S&P CNX Nifty1038.20 (-24.55)
Dollar (Buy/Sell)48.94/49.07
Gold Std (10 gm)5330

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TELECOMMUNICATIONS


Battle for turf
Basic telephony operators are, for now, offering limited mobility. Cellular operators are up in arms, saying it's encroachment on their territory. In this fierce face-off, in whose favour will the Government rule? Whose cause will the customer f avour? And is there enough to pass around? More

VSNL to invest Rs 1,200 cr in Tata Teleservices
THE board of Videsh Sanchar Nigam Ltd has decided to invest up to Rs 1,200 crore in the share capital of Tata Teleservices Ltd, the basic telephony services company in the Tata fold. "The strategic investment will be in tune with the company's ... More

Hughes Tele posts operating profit at Rs 13.5 cr
HUGHES Tele.com, basic telephony operator in the circles of Maharashtra and Goa, has reported a net loss of Rs 44.2 crore for the quarter ended March 31, 2002. The company had reported a net loss of Rs 136.8 crore during the corresponding quarter ... More

VSNL net dips over 29 pc in Q4
VIDESH Sanchar Nigam Ltd has reported a 29.3 per cent dip in net profit at Rs 316 crore for the fourth quarter ended March 31, 2002, from its net profit Rs 447.3 crore of the corresponding quarter of the previous year. Net profit for the full ... More

HARDWARE


The story of a giant and a dwarf
The server market in India and Singapore recorded a positive year-on-year growth, while the picture is less rosy for other countries in the Asia-Pacific region, says a recent Gartner Dataquest report. More

SOFTWARE


Hard questions and soft answers
Microsoft wants to sign on corporate clients on an annual fee basis. But companies don't want to commit themselves to buying an Operating System and application upgrades ahead of time, they want wiggle room. So what's going to happen? More

Making a point, from the backwaters
A software products company claims it's not where you are but what you do that counts. More

BaaN shifts focus to solutions
FOLLOWING the ongoing restructure process, BaaN Infosystems, which has become part of Invensys plc, has gradually shifted focus from a predominantly products company to an end-to-end solutions provider concentrating on services space. This ... More

ASP market to cross Rs 100 cr by 2004: IDC
THE Indian Application Service Provider (ASP) market is expected to zoom within the next three years. According to an IDC survey, the ASP market would cross the Rs100-cr mark in 2004 from the present level of around Rs 10 crore. The National ... More

Keltron ties up with CMC
THE public sector Kerala State Electronics Development Corporation (Keltron) has signed a memorandum of understanding with CMC Ltd for implementing advanced IT solutions for power systems. This involves energy management and demand side ... More

  • SG Soft increases equity capital
  • Ford implements Datacons solution

    INTERNET


  • Web-cameras in KSPHC sites

    RURAL DEVELOPMENT


    Folk tales that make a difference
    Technology is transforming our lives for the better, say villagers in Dindigul district, Tamil Nadu. And among enthusiastic users is a 65-year-old illiterate grandmother. More

    E-COMMERCE & E-BUSINESS


    TVS plans to Web-enable all branches
    TVS Automobiles is planning to link all its branches in Kerala through Web-enabled software service so as to enable its customers to have the latest information on products prices, etc. Speaking to newspersons, Mr R. Dinesh, Executive Director, ... More

    IT-ENABLED SERVICES


    Daksh sees big jump in revenue; to invest more
    DAKSH eServices Pvt Ltd, which offers Web-based customer care services to global clients, has said it expects to nearly double its revenue in the current fiscal to $30-35 million on the back of clients acquisitions and more business from existing ... More

    PEOPLE


    `Outstanding young innovator'
    BANGALORE: The co-founder and Chief Technology Officer of the Bangalore based Strand Genomics, Dr Ramesh Hariharan, has been recognised as an outstanding young innovator by Technology Review, MIT's magazine of innovation. Dr ... More

    NEW PRODUCTS & SERVICES


    IBM launches new server
    IBM has announced a new server for the mid-market segment — the IBM eServer i890 featuring mainframe class technology and the company's Power4 microprocessor. The 32 way i890 running the latest iSeries operating system OS/400 version 5 ... More

    Cellnext unveils 3 new products -- Aims to raise operators' average revenue
    CELLNEXT Solutions Ltd, a wholly owned Escorts subsidiary, which offers middleware to cell operators, announced the launch of three new products aimed at increasing operators' average revenue per user (ARPU). Announcing the products, the Chief ... More

    Cool it!
    Your computer works its guts out for you, all right. But the heat it generates is probably an area of concern for you. If it is, then you might consider external coolers. Coolers are pieces of equipment that you fit in, in addition to the ... More


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