Financial Daily from THE HINDU group of publications
Tuesday, July 16, 2002
Markets (July 15)
BL 2501141.98 (-0.23)
BSE Sensex3278.71 (-27.12)
S&P CNX Nifty1048 (-10.25)
Dollar (Buy/Sell)48.80/48.93
Gold Std (10 gm)5230

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INFO-TECH

PREFERENTIAL ALLOTMENTS


MosChip pref shares for 3 overseas firms
MOSCHIP Semiconductor Technology Ltd, the Hyderabad-based provider of application-specific integrated circuits, has allotted preferential shares to APIDC (Andhra Pradesh Industrial Development Corporation) Venture Capital Fund and three overseas ... More

TELECOMMUNICATIONS


Tata Tele seeks to raise Rs 2,400 cr via debt
TATA Teleservices Ltd (TTL), the telecom basic services arm of the Tata group, has mandated IDBI, SBI Caps and Standard Chartered Bank to arrange for its debt requirement in the range of Rs 2,000 - Rs 2,400 crore. According to industry sources, ... More

  • AirTel launches Magic in TN circle

    STOCKS


    Sify may be out of Nasdaq listing soon
    THE American depository shares (ADS) of Satyam Infoway Ltd (Sify) may soon cease to be on the Nasdaq National Market listing. This follows Sify's ADS trading continuously below $1 since May 22. The company in its recent filing with the ... More

    HARDWARE


    APIIC calls fresh EoIs for hardware park
    The State Government has appointed Andhra Pradesh Industrial Infrastructure Corporation Ltd to serve as the nodal agency to coordinate work on the hardware park planned to be developed about 20 km from Hyderabad. More

    INTERNET


    Sify reports net loss of $8.7 m
    SATYAM Infoway Ltd (Sify) reported a higher net loss of $8.7 million during the first quarter ended June 30, 2002, as against $8.4 million the previous quarter. However, the net loss during Q1 of 2002-03 came down by half when compared to a ... More

    INDUSTRY ASSOCIATIONS


    `IT bodies should work together'
    VARIOUS information technology (IT) associations in the country should synergise their activities and work together in a more cohesive fashion in order to get better international attention, Mr Deepak Puri, the newly elected Chairman of ... More

    CUSTOMER RELATIONSHIP MANAGEMENT


    CRM solution — Lever to lift B2B enterprise
    "CATCHING up to where others have been is necessary to stay in the game, but the winner will be those companies who have the ability to invent fundamentally new games." — Gary Hamel This statement clearly indicates the need to ... More

    E-COMMERCE & E-BUSINESS


    `Less than a million Net banking users'
    INDIA has a little less than one million active Internet banking users, representing 15 per cent of the Internet user population in the country, according to a study by IT research firm, IDC India. IDC said this indicated that the concept of ... More

    E-GOVERNANCE


    BOLT model mulled for local body network
    It is estimated that the scheme of implementation would involve an expenditure of Rs 10 lakh per panchayat, calling for a substantive expenditure of the order of Rs 60-70 crore for the roll-out across the State. More
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  • Top Stories
    Socialism in search of renewal


    Sify may be out of Nasdaq listing soon

    Monsanto gains early-bird advantage in cotton hybrids market

    NSE plans index product mirroring market swings

    Bank union releases list of defaulters in AP — NPAs account for Rs 4,796 cr

    The internal auditor shall inherit the earth

    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives
    Looking back
    Jul. 7-Jul. 13
    First-quarter outlook — IT sector not expecting fireworks

    New notebook versions from Wipro stable

    STPIs get new units, though fewer

    IT spend to grow at 24 pc: IDC


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