Financial Daily from THE HINDU group of publications
Saturday, July 13, 2002
Markets (July 12)
BL 2501142.21 (+7.42)
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Dollar (Buy/Sell)48.73/48.86
Gold Std (10 gm)5230 (+30)

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TELECOMMUNICATIONS


TRAI issues guidelines on reference interconnect offer
IN a bid to avoid delays in interconnection between the networks of various telecom operators, the Telecom Regulatory Authority of India (TRAI) has mandated all service providers holding over 30 per cent market share in their respective sectors ... More

International calls may still stay pricey
VIDESH Sanchar Nigam Ltd (VSNL) proposes to hike bandwidth prices for voice carriage by close to 300 per cent. According to industry sources, the new tariff structure, which for the first time differentiates between data carriage and voice ... More

Escotel launches global incoming roaming facility
ESCOTEL, which was the first cellular operator to launch all-India incoming roaming in Kerala, has now extended this facility to international roaming. Launching the product on Friday, Mr V.G. Somasekhar, Chief Operating Officer, Kerala, said ... More

VSNL sounds Govt on dues from US carriers
VIDESH Sanchar Nigam Ltd has approached the Ministry of Telecommunications to help it retrieve what it considers are its dues, amounting to about $30 million, from several US telecom carriers. VSNL has asked the Ministry to approach the US ... More

SOFTWARE


Wipro appoints new distributors
CHENNAI: Wirpo Infotech has appointed the city-based Nebula Technologies Pvt Ltd and Care Networking Solutions India Pvt Ltd as its distributors. The move is part of Wipro's "Growth Partner Programme" launched recently. "The ... More

GDR Media net at Rs 1.17 cr
BANGALORE: GDR Media Ltd, an entertainment and IT services company, has reported an improved performance for the first quarter of the fiscal 2002-03. Total income for the quarter stood at Rs 3.28 crore, an increase of 267.93 per cent ... More

BankWare bags order from Bank of Asia
CHENNAI: BankWare, the banking products unit of Polaris Software Lab, has bagged an order from Bank of Asia, Thailand, a subsidiary of ABN-Amro. Bank of Asia has chosen CollectNow, the delinquent loan tracking and collection system from ... More

INTERNET


ICSI on your desktop
NEW DELHI: To render efficient and quick services to its students and members, the Institute of Company Secretaries of India (ICSI) is trying to provide all possible facilities at the user's doorstep through its Web site More

RESTRUCTURING


Pentasoft to spin off training business
PENTASOFT Technologies plans to hive off its software training and education into a 100-per cent subsidiary. The move, according to its Chairman, Mr V. Chandrasekaran, would enable the subsidiary to attract more strategic investors and ... More

SSI to consider revamp
CHENNAI: SSI Ltd is to consider restructuring the company's operations into independent lines of business given the changed environment in the education business. A meeting of the board of directors is scheduled on July 19, the company ... More

MERGERS & ACQUISITIONS


iSoftel acquires Amoeba
The company is also looking at penetrating the Japanese and European markets. More

ALLIANCES & JOINT VENTURES


Sun Micro, HCL expand ties
The expanded partnership will now offer customers via HCL Infosystems the complete range of Sun enterprise products. More

ISPS


net2phone to tie up with ILD operators
NET2PHONE, the US-based Internet telephony services major, plans to tie up with upcoming international long-distance (ILD) telephony operators in the country to route outbound calls, a top company official has said. "We are in talks with every ... More

IT-ENABLED SERVICES


Jobs come calling
WHILE cynics would say that we are building a nation of telephone operators, the truth is that it is call centres that are absorbing a chunk of the educated, unemployed youth today. In fact, it is busy time for recruitment companies and job ... More

PEOPLE


New MD for Nortel India
BANGALORE: Mr Ashoka Valia has been appointed Managing Director of Nortel Networks India. He replaces Mr Joseph Samuel, who has been appointed Chairman, Nortel Networks India. Mr Samuel will continue to provide strategic counsel on ... More

  • Moser Baer MD new ESC chief

    TRENDS


    IT spend to grow at 24 pc: IDC
    SPENDING on information technology in India during 2002 would grow by 24 per cent over the previous year, much better than the industry averages in China and the whole of the Asia-Pacific, according to IDC India. Stating that the downturn in ... More
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  • Top Stories
    SBI tightens norms for corporates


    IT spend to grow at 24 pc: IDC

    Sachin, Shah Rukh have top recall value: Study

    No one can pull it off like Indians

    Cotton prices flare up

    New debt for old: Not that easy

    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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