Financial Daily from THE HINDU group of publications
Thursday, July 18, 2002
Markets (July 17)
BL 2501115.68 (-10.08)
BSE Sensex3216.07 (-13.11)
S&P CNX Nifty1032.55 (-3.40)
Dollar (Buy/Sell)48.73/48.86
Gold Std (10 gm)5255 (-15)

News
Features
Stocks
Port Info
Archives


Subscription

Group Sites

INFO-TECH

TELECOMMUNICATIONS


Hutch on a hi
Chennai, which has not really caught up with the other metros in terms of cell-phone use, is a challenge to Hutch, which is going all out to promote its brand and grow the market. More

Hughes Tele.com prunes net loss
MUMBAI: Hughes Tele.com has reported a net loss of Rs. 29.7 crore for the first quarter ended June 30, 2002. This is marginally lower than the net loss of Rs. 30.4 crore reported during the corresponding quarter of the previous year. It ... More

`Timely interconnect' crucial for telecom sector
THE Government intervention might be needed in resolving the interconnect issue which is holding up the utility of the telecom sector particularly in the case of long-distance, internet telephony and international calls, according to the ... More

POLICY


Pondicherry: Going the software way
Pondicherry hopes to promote itself as a preferred destination for IT investments. It has emerged a base for major hardware assemblers. Just a hop, skip and jump from Chennai, which has emerged a major software development destination, the Union ... More

STOCKS


Funds active in Digital
DOMESTIC and foreign institutional investors have been actively buying in Compaq Computers Indian subsidiary, Digital GlobalSoft, during the quarter ended June 30, 2002. Domestic institutional investors' stake has increased from 14.12 per cent ... More

SOFTWARE


Software sector to grow 32-35 pc: ESC
THE Electronics and Computer Software Export Promotion Council (ESC) today projected a 32-35 per cent growth for the Indian software industry in dollar terms for the current fiscal as there are signs of revival in the US and European ... More

`Indian cos should have centres outside war zone'
IS there one good reason why Indian software companies are looking at China for their new development centres? Sure, it's Pakistan. It is as dramatic as it sounds. Customers of Indian software companies are demanding that their Indian vendors ... More

Cognizant to hire 500 more
COGNIZANT Technologies Solutions Corporation, with offshore development centres (ODC) across India, plans to add 500 employees during July-September quarter, mostly in India. The US-based company is a provider of application management ... More

INTERNET


Monsterindia opens office in Chennai
CHENNAI: Monster, the global online careers site and flagship brand of TMP Worldwide Inc, has opened a new office in Chennai. The Hyderabad-based MonsterIndia Pvt Ltd already has sales offices in Delhi, Mumbai and Bangalore. ... More

IT TRAINING


CMC to offer courses in ITES
UNDETERRED by the slowdown in the IT education training business, CMC Ltd, while launching a course in Computer Maintenance and Computer Networking (CMCNet), has announced plans to offer new courses targeting the emerging IT enabled services ... More

MERGERS & ACQUISITIONS


Eonour acquires four companies
NEW DELHI: The Chennai-based Eonour Software Ltd on Wednesday said it has acquired four domestic software firms for a total consideration of Rs 39.96 crore in stock-swap deals. Eonour Software, in a statement here, said that it has ... More

ALLIANCES & JOINT VENTURES


TechSpan, Evolve join hands
TECHSPAN Inc, the Arjun Malhotra-promoted systems integrator, has joined the US-based Evolve's Business Partner Programme as an advanced partner and announced plans to strengthen its practice focused on fulfilling strategic workforce optimisation ... More

Network Programs, Aspect tie up
NEW DELHI: Network Programs (India) Ltd has announced a tie-up with Aspect Communications Corporation, USA to resell value-added business communications solutions for large contract centres in the country. According to a statement ... More

OFF-SHORE DEVELOPMENT


i-flex to expand into newer territories — Plans office in Germany
I-FLEX solutions, a financial products and services company, is expanding into newer territories even while consolidating its position in the existing markets. As part of this initiative, the company has recently opened an office in UK and ... More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Top Stories
SAIL posts higher turnover in Q1


PSU insurers change accounting norms

Software sector to grow 32-35 pc: ESC

SBI Life to target account holders

Clouds over crop area — Kharif sowing toll heaviest for soya

Big designs on Devdas

New rly zone controversy shifts to more tracks

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


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright © 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line