Financial Daily from THE HINDU group of publications
Friday, July 12, 2002
Markets (July 11)
BL 2501134.79 (-12.48)
BSE Sensex3290.56 (-41.80)
S&P CNX Nifty1056.60 (-15.10)
Dollar (Buy/Sell)48.75/48.87
Gold Std (10 gm)5200 (-5)

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Calls to come cheap as VSNL gears for rate cut
THE consumer can finally reap the benefits of competition in the international long distance (ILD) sector, with the incumbent operator, Videsh Sanchar Nigam Ltd (VSNL), all set to lower its tariff rates in the next couple of days. The proposed ... More

Can CDMA work its magic in Indian telecom too?
Visitors to the football event were privy to advanced telecom services in Korea that included full-colour video, Internet broadcasts and animation at clarity levels not seen in other parts of the world. More

Idea Cellular draws up ad strategy
IDEA Cellular, formerly Birla Tata AT&T Ltd (BTAL), in a bid to create awareness for its brand, is set to embark on an aggressive advertising strategy. Says Mr Manosh Sengupta, General Manager, Marketing Communications, Idea Cellular Ltd, "We ... More

Tata Tele to use CSG Kenan billing system
CSG Systems, a global customer care and billing solutions provider, has announced that Tata Teleservices Ltd, an integrated telecom services company, will expand CSG Kenan/BP billing platform to support its convergent services. Tata ... More

Minimum info on pre-paid services must: TRAI
THE Telecom Regulatory Authority of India (TRAI) has mandated that cellular operators should provide "certain minimum information on common parameters'' for their pre-paid services in order to help the subscribers make a meaningful choice. In a ... More

STOCKS


Mutual funds fancy Geometric Soft
GEOMETRIC Software Solutions seems to be yet another tech company that has benefited from the recent rally in mid-cap tech stocks, with institutional investment in the company increasing by close to seven per cent during the April-June 2002 ... More

Rolta nosedives on talk over `cooked books'
THE share price of software solutions company, Rolta India Ltd, nosedived on the bourses on Thursday, falling by almost 19 per cent, on the back of reports of alleged accounting discrepancies in its financial statements for the year 2001.The ... More

HARDWARE


Professionals team up for hardware start-up
NEWPATH Ventures, a holding company founded by two professionals engaged with top IT companies such as Intel and Broadcom, on Thursday announced its strategy to create three-five Indo-US hybrid companies to focus on various areas such as chip, ... More

SOFTWARE


Mastek posts Rs 17-cr net profit
MASTEK group has reported a net profit of Rs 16.95 crore for the quarter ended June 30, 2002 compared to a loss of Rs 3.26 crore in the corresponding period last year. Total revenues for the quarter were Rs 85.53 crore as against Rs 65.11 crore ... More

IT TRAINING


Datapro tie-up for call centre training modules
IT education and training company Datapro has tied up with Mumbai-based Synergy Relationship Management Services to provide call centre and technical support centre training through its established network. The strategic tie-up planned to roll ... More

M-COMMERCE


Location-based services — Ringing in better times
THIS year is the beginning of massive growth in Location Based Services (LBS). The number of wireless phones using LBS is expected to reach one billion worldwide by 2003! The global mobile data market will reach $450 billion by 2010! The cost to ... More

BROADBAND


Optical fibre eats into jelly-filled cable market
A 100 per cent growth in the number of jelly-filled telephone cable manufacturers over the last three years from 24 players to 48 has resulted in almost all of them turning jittery over the substantial fall in consumption of their products by the ... More

E-GOVERNANCE


Weightage for AP-based units in e-governance projects
The policy aims to promote quality certification and the Government shall reimburse 20 per cent of the cost incurred by an IT software company for securing quality certification subject to a maximum of Rs 4 lakh. More

Belandur pioneers e-governance
BANGALORE: The Belandur village, in the outskirts of Bangalore, has taken advantage of the Silicon City's electronics endowment by experimenting with live coverage of the gram panchayat proceedings to enable the villagers interact with ... More

PEOPLE


  • Tata Infotech MD resigns

    TRENDS


    STPIs get new units, though fewer
    DESPITE the IT slowdown, new units continue to be come up in the Software Technology Park of India (STPI) across the country. However, the number of new units that have come up in some of the major cities during the first quarter of 2002-03 is ... More
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  • Top Stories
    LML hopes Freedom will drive it into the black


    STPIs get new units, though fewer

    PDS grain prices increased

    CCD nod to offload PSU blue-chip stakes into AMC

    FDI inflows hit record high of $4.06 b: Maran

    Making cargo `simple', British Airways way

    PSBs' loan loss cover still insufficient

    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives
    Looking back
    Jun. 30-Jul. 6
    IT sector prospects bright despite slowdown: OECD

    ITC's e-drive for rural farm growth gets good response

    Net telephony without PCs a reality

    PC sales in semi-urban, rural areas go up

    Incubating ideas of employees — Wipro to give big boost to innovation centre

    Software exports to US up 32 pc

    PC sales crash by 11% in 2001-02


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