The Hindu Business Line : Tuesday, June 11, 2002

DoT, VSNL patch up -- Panel to decide on Tata Tele investment
THE 13-day-long spat between the Communications Minister, Mr. Pramod Mahajan, and Videsh Sanchar Nigam Ltd. (VSNL) has finally ended, with a compromise reached between both the sides on reviewing the decision to invest Rs 1,200 crore in Tata ... More

Bharti Mobile plans Rs 95-cr NCD issue
BHARTI Mobile Ltd (BML) proposes to make a secured redeemable non-convertible debenture (NCD) issue of Rs 95-crore backed by a guarantee-cum-take out agreement from Infrastructure Development Finance Company Ltd (IDFC). The proposed issue has ... More

AP: BSNL offers phone link at the doorstep
REMEMBER those days when you were put almost eternally on hold by the telephone department for getting a new phone connection? You had to spend a good slice of your lifetime waiting for the telephone men to knock at your door with an instrument ... More

HARDWARE

HP revenues from Unix servers up
BANGALORE: HP has increased its revenues from total Unix servers in India, said a company press release. HP is number two in the Unix servers market, according to IDC. It has been number one in the midrange Unix server revenues in ... More

SOFTWARE

Wipro `free' of border tensions
THE recent Indo-Pak tensions have not impacted Wipro's order book adversely as there have been no cancellations of existing contracts, according to Mr Azim Premji, Chairman, Wipro Ltd. "Tensions across the border have not had an adverse impact ... More

Union Bank joins hands with Wipro, Infosys
UNION Bank of India has tied-up with Infosys and Wipro - the country's two software majors - for implementing its Rs 150-crore IT initiatives. While Infosys will provide the core banking solution Wipro Infotech will be responsible for the ... More

i-flex IPO draws highest bid of Rs 5,300
Market players were surprised over the bid price of Rs 5,300 for Rs 5 face-value share. The bid price is much higher than the current market price of Infosys Technologies, the largest listed software company in India. Infosys shares today ended at Rs 3,376 on the BSE. More

Kale bags Canadian order

INTERNET

Jobstreet sees pep in campus recruitment
THE e-recruitment company, Jobstreet.com, has come out with a new product for campus recruitment in anticipation of campus recruitments picking up this year. From last year's dismal scene in colleges, this year companies are at least ... More

ICAI launches portal on IT system audit
THE Institute of Chartered Accountants of India (ICAI) on Monday announced the launch of an exclusive portal for the members of the institute who are pursuing the information system audit (ISA) course. The primary objective behind the launch of ... More

Award for Kannada portal

OFF-SHORE DEVELOPMENT

Cognizant centre in Ireland
BANGALORE: Cognizant Technologies Solutions (CTS) is setting up a ``near shore'' development centre (neither offshore nor onsite, but somewhere in between) in Limerick, Ireland. The new centre is part of the company's international ... More

BROADBAND

Telecom cos allowed to lay OFC in Govt offices
PUBLIC and private sector telecom companies have been allowed to lay optical fibre cables (OFC) within the premises of Government offices and buildings on a non-exclusive basis. The Tamil Nadu Government recently issued an order to this effect ... More

EVENTS

Study sees IT sector growing at 34 pc -- $77-billion business forecast on target, says Nasscom Chairman
UNDETERRED by the global economic slowdown and other extraneous factors impacting the IT sector, the National Association of Software and Services Companies (Nasscom) -McKinsey combine has struck a bullish note on the sector's potential and ... More

IT regulatory hurdles on their way out: Mahajan
The report of the Standing Committee on the Convergence Bill will be submitted by July and the Bill will be passed before December 2002. More

OUTLOOK

Tarang plans to double growth
TARANG Software Technologies, the Bangalore-based pervasive and payment solutions provider in the Web and wireless, expects to double its growth this year. It plans to tie-up with two-to- three systems integrators to tap the US and UK markets ... More

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In Depth
Gender Justice

Simple Economics

Guide to derivatives

Looking back
Jun. 2-Jun. 8
Risk management — the buzz word in IT sector now

War fears delay Bharti, Data Access ILD plans

IT sector recovery in 2003: IDC

Wipro plans new facilities in S-E Asia, Europe

TRAI favours low licence fee for `receive only' VSATs