Financial Daily from THE HINDU group of publications
Thursday, June 27, 2002
Markets (June 26)
BL 2501113.38 (-12.34)
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Dollar (Buy/Sell)48.81/48.94
Gold Std (10 gm)5330 (+5)

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IDBI Bank in pact with MTNL for bill payment
IDBI Bank has entered into a tie-up with MTNL in Delhi to enable the account holders of the bank to pay their phone bills through ATMs and Internet. IDBI Bank has 42 ATMs in Delhi. "We are one of the few banks to offer this service,'' Mr Gunit ... More

AirTel offers more features
AIRTEL, the mobile telephone service brand of Bharti Mobile Telecom, has announced two new features that will enhance the simplicity of its operations to subscribers. One of them relates to the 32K SIM card, which offers the users of the ... More

Calcutta HC extends stay on demolition of Bharti towers
MR JUSTICE Bhaskar Bhattacharya of the Calcutta High Court has extended the interim order passed on May 24 till June 28, restraining the Calcutta Municipal Corporation from demolishing the towers built by Bharti Mobitel Ltd for augmenting ... More

AirTel firms up multi-pronged marketing strategy for Kolkata
KOLKATA'S cellular service provider Bharti Mobitel Ltd, which unveiled the Bharti Group's pan-India Airtel brand-cum-logo in the city on Wednesday, has firmed up a multi-pronged marketing strategy that is expected to augment the company's ... More

Hutch to launch mobile services in South
HUTCHISON Essar is launching mobile operations under the `Hutch' brand name in Chennai, Andhra Pradesh and Karnataka circles. The mobile service in Chennai will be launched from June 28. With this launch Hutch becomes the only mobile operator ... More

High-power SIM card from Escotel
ESCOTEL, the cellular operator, has launched 32 K SIM enabled on the DP 5 platform in Kerala to provide the customers with the most potent wireless applications providing a WAP-like experience at the cost of only a simple SMS. The product was ... More

HARDWARE


Sun Micro pie in server market gets bigger
SUN Microsystems, India, has announced that it has increased its revenue market share in the RISC/UNIX server market in India to 48.4 per cent in Q1 2002. According to IDC's Q1 2002 Enterprise Server Tracker Report, Sun's RISC/UNIX server ... More

SOFTWARE


Carlyle to invest more in Financial Software
IN a significant development, the Carlyle group, the US-based $15-billion angel funding giant belonging to Mr George Bush Sr and Mr Colin Powell, the US Secretary of State, has decided to consolidate its equity holding in Financial Software and ... More

Goldstone Tech net loss at Rs 11.60 cr
GOLDSTONE Technologies Ltd has posted revenues of Rs 28.29 crore and a net loss of Rs.11.60 crore for the nine months period ended March 31, 2002. The company had changed the accounting year to March 31, 2002 instead of June 30, 2002. For the ... More

UshaComm bags $1-m deal
KOLKATA: UshaComm India Pvt Ltd (UshaComm), which specialises in customer care and billing software solutions for the telecommunications industry, has clinched a $1 million deal with Cable and Wireless. The company, which notched ... More

Flexcube live in NikkoCiti
BANGALORE: i-flex solutions Ltd has announced that its flagship product Flexcube is live at the NikkoCiti Trust and Banking Corporation. NikkoCiti Trust, with 7 trillion yen of customer assets under administration and custody, together ... More

Kshema forum of software architects
BANGALORE: Kshema Technologies has set up the Kshema Software Architects Forum, which envisages to steer a paradigm shift in architecting solutions by imbibing and innovating best practices in the IT industry to achieve high quality standards ... More

HUMAN RESOURCES


Seven steps to success with Premji
IT was an interaction with a difference for industry representatives here with the Chairman of Wipro, Mr Azim Premji, a man who is known to walk the talk. The topic of discussion: Creating a Culture of Excellence. For someone who joined Wipro ... More

MERGERS & ACQUISITIONS


HCL Tech joins hands with Jones Apparel
HCL Technologies today announced that it has formed a strategic joint venture company with Jones Apparel Group Inc, a designer and marketer of branded apparel, footwear and accessories. The 51:49 Joint Venture between HCL Technologies and Jones ... More

ALLIANCES & JOINT VENTURES


Citrix ties up with EMC
CITRIX Software and EMC Information Systems have announced the formation of a strategic alliance to provide business continuity solutions to customers in India. The relationship inked under the Citrix Business Alliance (CBA) is an extension of ... More

Portal Player to set up R&D centre at IIIT
PORTAL Player India, part of the Santa Clara-based system on chip solutions company for mobile media products, has entered into an agreement with International Institute of Information Technology (IIIT), Hyderabad, to start a Portal Player lab ... More

OFF-SHORE DEVELOPMENT


Parsec Tech to begin operations in Manila
CALL centre solutions provider, Parsec Technologies, has bagged two orders — an outbound telemarketing call centre and in-bound one catering to hospital business — in the Filipino call centre market. This marks the beginning of its ... More

PIRACY


$245 m lost in 2001 from software piracy: IDC report
In India, the major driving forces for the use of pirated software are the lack of legal framework, ``Taken-for-Granted'' approach, huge availability of pirated software, high software pricing, high usage of assembled PC and enormous financial benefi ts. More

IT-ENABLED SERVICES


ITES sector boosts realty demand: Study
THE real estate market in Bangalore continues to be driven by IT-enabled services business. The demand for space is also perceptible in suburban and peripheral micro market areas, according to a market analysis by Cushsman & Wakefield, a ... More

NEW PRODUCTS & SERVICES


IBM solutions for e-business
BANGALORE: IBM India has announced a new and enhanced IBM Start Now Solutions for e-business, a family of offerings to help solution providers rapidly implement powerful, cost-effective, e-business solutions for the small and medium ... More

Wipro launches consulting services
BANGALORE: Wipro Infotech has launched IT Consulting Services for its customers in India, West Asia and the Asia-Pacific. The services included strategic consulting services, IT governance and optimisation consulting, process ... More


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