Financial Daily from THE HINDU group of publications
Thursday, June 20, 2002
Markets (June 19)
BL 2501132.81 (-13.25)
BSE Sensex3242.26 (-42.28)
S&P CNX Nifty1062.90 (-12.05)
Dollar (Buy/Sell)48.87/49.00
Gold Std (10 gm)5280 (+50)

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Hutchison Essar to invest Rs 1,200 cr in Karnataka
CELLULAR service provider, Hutchison Essar Ltd, is in the process of investing Rs 1,200 crore in its phased cellular roll-out efforts in Karnataka, its Managing Director, Mr Asim Ghosh, said here today. Declining to detail the timeframe of the ... More

Reliance Infocom may choose multiple vendors
RELIANCE Infocom Ltd is all set to finalise its choice of equipment vendors for its nationwide WLL (wireless in local loop) basic telecom network project. A host of hardware vendors such as Lucent Technologies, Motorola, Samsung and Nortel ... More

AirTel to upgrade Vijayawada unit
BHARTI Mobile Ltd (BML), the cellular arm of the Bharti Enterprises, is concentrating on providing better services to its customers in the city by upgrading the mobile switching centre at Patamatalanka here, which would now have an enhanced ... More

SOFTWARE


I'll tell you what to do, is Wipro's new credo
WIPRO Technologies is teaching its employees new lines to say. The programmer's "Tell me what to do" approach is giving way to the consultant's "I'll tell you what to do", in keeping with the company's professed ambition of competing with the ... More

Tenet bags $4-m 3G order from European co
THE Bangalore-based Tenet Technologies, a communication technology company, has signed a $4-million contract with a European telecom major for developing a part of the core component of the latter's 3G system. Confirming this Mr Rajendra K. ... More

Blue Star Info to enter banking
BLUE Star Infotech Ltd is entering the banking, finance, securities and insurance (BFSI) sector. ``The BFSI sector has emerged as the single largest implementer of information technologies,'' said a news release quoting Mr. Pramod Bhalla, ... More

QuEST sees potential in diagnostic services
THE Bangalore-based QuEST (Quality Engineering and Software Technology Pvt Ltd) is looking at providing diagnostic services such as the condition monitoring for power generation systems. In the pilot phase, the company has installed the ... More

CDAC plans to foray into telecom sector
THE Centre for Development of Advanced Computing (CDAC) is now planning to foray into the telecom segment with its agreement with the US-based Horizon Companies. Under the terms of agreement, Horizon would expand the development of telecom ... More

SQL Star revenues, net dip
HYDERABAD: SQL Star International Ltd, has recorded total revenues of Rs 8.90 crore, including other income of Rs 12.32 lakh and the profit after tax stood at Rs 8.90 lakh for the quarter ended March 31, 2002, as against revenues of Rs ... More

L&T Info net profit up 4.1 pc
MUMBAI: Larsen and Toubro Infotech Ltd has recorded a 4.1 per cent increase in net profit, at Rs 35.67 crore, for the year 2001-2002. The company had recorded a net profit of Rs 34.28 crore during the previous financial year. Total ... More

ALLIANCES & JOINT VENTURES


Cisco joins hands with Cognizant
NETWORKING major Cisco Systems on Wednesday said it would aggressively push its new technologies business in the Indian market and said at least 12-15 per cent of its revenues this year would come from these emerging technologies. The company ... More

OFF-SHORE DEVELOPMENT


TCS enters China — Sets up wholly-owned subsidiary
TATA Consultancy Services (TCS), a division of Tata Sons and India's largest software solutions and consulting services enterprise, today announced its entry into China with the incorporation of a new company — Tata Information Technology ... More

E-GOVERNANCE


Locuz, Sun Micro to support e-COPS
HYDERABAD: While the Hyderabad-based Locuz, a systems and network integration company, will serve as the technology partner to power the e-COPS project, which networks and helps manage various police applications online, Sun ... More

IT-ENABLED SERVICES


Non-traditional centres set to surface on the ITES radar
WHILE several countries are vying with each other to catch up with the global IT enabled services pie, within India, which has become an ITES hotspot, lately, States are wooing companies to do the sector what the software services industry had ... More

NEW PRODUCTS & SERVICES


Red Hat unveils Linux OS
BANGALORE: Red Hat has announced the launch of the first enterprise class Linus operating system in India, called Advanced Server. The OS was born because there was no mission critical application on Linux and the company felt a need ... More
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Top Stories
TCS enters China — Sets up wholly-owned subsidiary


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In Depth
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Guide to derivatives

Looking back
Jun. 9-Jun. 15
Infosys fears long-term effect of border tensions

Nasscom meet to discuss downturn, job scenario

Study sees IT sector growing at 34 pc -- $77-billion business forecast on target, says Nasscom Chairman

DoT, VSNL patch up -- Panel to decide on Tata Tele investment

Cellular subscriber base touches 6.99 m

Infosys ties up with ADA for defence software: Exclusive team to market Autolay


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