Financial Daily from THE HINDU group of publications
Friday, May 31, 2002
Markets (May 30)
BL 2501090.40 (-8.72)
BSE Sensex3135.89 (-24.35)
S&P CNX Nifty1032.15 (-9.50)
Dollar (Buy/Sell)48.96/49.08
Gold Std (10 gm)5385 (-15)

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OUTSOURCING


Satyam strikes a positive note on sourcing
SATYAM Computer Services Ltd, the software services major, has struck a positive note on IT services as the slowdown in the US economy has propelled many large companies to look for greater value in sourcing. The last year has seen increasing ... More

TELECOMMUNICATIONS


VSNL imbroglio: Crossed wires
OLD HABITS die hard. How else does one explain the Union Communications Minister, Mr Pramod Mahajan's anger over the decision of Videsh Sanchar Nigam Ltd.(VSNL) to invest Rs 1,200 crore in Tata Teleservice Ltd. in what appears to be a pure, arm's ... More

Escotel offers passport facility
KOCHI: Escotel subscribers in Kerala will now be able to check the status of their passport applications through SMS following a tie-up with the Regional Passport Offices in the State. Escotel subscribers would no longer be required ... More

HARDWARE


  • IBM opens support centres

    SOFTWARE


    Software exporters allowed to pick up stake in start-ups
    INDIAN software exporters have been permitted to pick up equity up to 25 per cent of their value of exports in overseas start-up companies facing liquidity constraints. The Reserve Bank of India said on Thursday that the move was aimed at ... More

    SunTec solutions for HFCL Infotel
    NEW DELHI: SunTec Business Solutions, engaged in developing billing, customer care and transaction management solutions, has said it has completed implementing a transaction-based billing project worth $2 million for HFCL Infotel Ltd ... More

    Software cos geared for war scenario
    SOFTWARE companies are all ready with business continuity plans even if war does break out, including shifting people and data onsite should the need arise. In fact, ever since September11, customers have been insisting on back-up ... More

    ALLIANCES & JOINT VENTURES


    Fujitsu, Zensar join hands
    A STRATEGIC alliance has been formed between the Fujitsu Software Corporation and the Pune-based Zensar Technologies for providing companies with system integration services using Fujitsu's Interstage e-Business platform. According to Mr Ganesh ... More

  • Servion Global, IBM tie up

    OFF-SHORE DEVELOPMENT


    E&P plans to open more offices abroad
    HAVING established an offshore development centre in India four months back, the US-based software solutions provider E&P (Eisenhart & Poincare), is gearing up to set its foot in the Middle East and Malaysian soil soon. ``We have plans to open ... More

    CONVERGENCE


    World Cup — a telecom treat for visitors
    ALTHOUGH India is not participating in the much-awaited FIFA World Cup tournament kicking off in Seoul on Friday, Indian's planning a trip to the ``land of the morning calm'' this season are in for a telecom treat courtesy Qualcomm Inc. The ... More

    IT-ENABLED SERVICES


    HCL Comnet bags Tata Tele VSAT order
    The project entails deployment of 1,000 VSATs connecting villages in and around Paderu, about 150 km from Visakhapatnam. More

    STANDARDS & BENCHMARKS


    Wipro upbeat with new milestone
    WIPRO Technologies said on Thursday that it was the world's first company to have been assessed at CMMi level 5 version 1.1. The Vice-Chairman and President Wipro Technologies, Mr Vivek Paul, described the current situation for Wipro as ... More

    TRENDS


    Wipro sees upswing across verticals
    THE enterprise solutions business of Wipro Ltd is seeing volume pick-up across its verticals month-on-month, the President, Enterprise Solutions, Mr Sudip Bannerjee, said. ``There is growth across all the verticals — retail, ... More

    NEW PRODUCTS & SERVICES


    Wipro's growth partner programme
    BANGALORE: Wipro Infotech, the domestic, Asia Pacific and Middle East IT division of Wipro Ltd, has launched a ``growth partner programme'' to identify and motivate enthusiastic, committed and charged reseller partners who can grow by ... More

    Agilent unveils generators
    NEW DELHI: Agilent Technologies has introduced two high-performance 3.3 GHz pulse/pattern generators used for the electronics and telecommunications market. The equipment is used to produce complex signals needed to test digital ... More


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    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives

    Looking back
    May. 19-May. 25
    Nasscom-McKinsey report: `Call centres must rev up domain expertise'

    Info security breaches on the rise: CII-PwC study

    Fair sex gets unfair deal

    OrbiTech merges with Polaris -- Citigroup is largest stakeholder

    IT trainers zero in on ITES courses


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