Financial Daily from THE HINDU group of publications
Saturday, July 06, 2002
Markets (July 5)
BL 2501149.68 (+2.54)
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Dollar (Buy/Sell)48.79/48.91
Gold Std (10 gm)5160 (+10)

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OUTSOURCING


India Life eyeing old economy companies
Currently, nearly 80 per cent of the company's clientele consists of new economy companies, predominantly from the information technology sector, while the old economy companies account for the rest. More

TELECOMMUNICATIONS


`Cell-phone users change handset in 16 months'
AVERAGE cellular users in the country go in a for a new mobile phone handset in 16 months, a survey by IDC has found. IDC says that Bangalorians are the first to change their handsets (in just nine months) while cell phone users in Chennai keep ... More

Cellular operators peeved over TRAI order
THE Cellular Operators Association of India (COAI) has expressed its disappointment at the revision in monthly rentals for wireless in local loop (WLL) limited mobility services as mandated by the Telecom Regulatory Authority of India ... More

HARDWARE


PC sales crash by 11% in 2001-02
HIT by economic recession, personal computer (PC) sales in the country during 2001-02 fell by 11 per cent to 1.67 million units from 1.88 million units in the previous fiscal, according to a survey by MAIT (Manufacturers Association of ... More

SOFTWARE


Ariba to boost Bangalore development centre — Finalising integration partner
ARIBA Inc, an enterprise spend management (ESM) solutions provider, is getting aggressive with its plans for India. The company had set up a development centre in Bangalore recently and planned to ramp it up significantly over the next 18-24 ... More

NIIT software business gets distinct identity — Not a prelude to spin-off, says Pawar
NIIT today announced that it has renamed its global software business as `NIIT Technologies' with the objective of giving it a distinct identity, but ruled out hiving it off as a separate entity. Announcing this at a press conference here ... More

Pentasoft lists new projects
PENTASOFT Technologies Ltd has bagged orders for its various products in insurance, training and e-learning sectors. The company's insurance product, PENTALIFE, bagged an order from Hong Leong Assurance Berhard (HLA), an insurance company in ... More

INDUSTRIAL POLICY


TN Govt aims to be IT gateway
THE State Government hopes to position the State as a gateway to South Asia on the strength of its connectivity and infrastructure available to the information technology industry, according to Mr Vivek Harinarain, Information Techno- logy ... More

E-GOVERNANCE


  • Karnataka: e-governance policy on cards

    OUTLOOK


    MindTree keeps target steady, strategy flexible
    THE target — $231-million by 2005 — still holds good for Mindtree Consulting, though the company is working out `multiple ways of getting there', according to Mr G Ramaswamy, Director, Marketing. ``The company has to decide whether ... More
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  • Top Stories
    World Food Summit 2002 — The hungry will have to wait


    Business confidence picking up: FICCI

    PC sales crash by 11% in 2001-02

    `Climate right for direct selling industry to expand'

    Data on farm goods trade a cause for concern

    Why can't banks get back to the basics?

    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives
    Looking back
    Jun. 23-Jun. 29
    Demand picking up, volumes not yet: Infosys COO

    Ramco Systems slips into red

    Kalam asks Nasscom to work on national citizen card

    $245 m lost in 2001 from software piracy: IDC report

    $57-b exports by 2008 achievable: Premji


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