The Hindu Business Line : Tuesday, July 30, 2002

Polaris to launch BPO soon — Q1 net profit down at Rs 13.68 cr
POLARIS Software Lab Ltd is entering the business process outsourcing (BPO) segment through Optimus, a 100 per cent subsidiary. Mr Harpal Dugal, who has joined Polaris from StanChart, will be the CEO of Optimus, and Mr Suren Khirwadkar, ... More

TELECOMMUNICATIONS

VSNL net dips 28.5% in first quarter
FALLING settlement rates, declining international long-distance tariffs and lower revenue shares continued to be a drag on VSNL's finances, with the company reporting a 28.5 per cent fall in net profit, and a 13 per cent fall in income for the ... More

Don't privatise cell service, say BSNL employees
THE BSNL Employees Union (Kerala Circle) has demanded that the operations of the BSNL mobile services should not be handed over to private agencies. Mr R.N. Padanair, State Secretary, said that the union had been consistently demanding ... More

BPL Mobile plans more base stations
KOCHI: BPL Mobile Cellular Ltd has drawn up plans to put up additional 40 base terminal stations (BTS) across Kerala at an investment of Rs 40 crore to improve its coverage throughout the State. The investment would be made over a ... More

STOCKS

Hughes Soft at new low on Q1 results
A dismal first quarter performance and continuing global slowdown in the telecom sector have dragged down the share price of telecom software solutions provider, Hughes Software Services (HSS) by over 20 per cent since the announcement of its ... More

SOFTWARE

Software cos' profit margin not impressive
The key reason for this `marginal' drop in OPM is increased competition amongst suppliers to grab the nearly flat market. More

Accounts in order, says Satyam
SATYAM Computer Services Ltd has maintained that its books of accounts are in order and that there is no violation of law. The company communicated this to the Deputy General Manager, Surveillance, Bombay Stock Exchange, Ms Devika Shah, ... More

Kenyan project on, says Infosys
INFOSYS Technologies has said that its $6 million product implementation project at the Kenya Commercial Bank (KCB) was on course and denied that it has lost the project as reported in a section of the media recently. Infosys is implementing ... More

Subex Q1 net at Rs 2.06 cr
BANGALORE: Subex Systems Ltd has reported a net profit of Rs 2.06 crore for the first quarter ending June 30, 2002, a growth of 35 per cent over the preceding March quarter's Rs 1.52 crore. Revenues for the quarter grew marginally to ... More

INTERNET

Direct 24-hour Net from BSNL
IN an effort to retain its market share in the face of growing competition from private operators, Bharat Sanchar Nigam Ltd (BSNL) proposes to offer direct Internet access services (DIAS), with 24-hour connectivity to its subscribers, at nominal ... More

Want your diary (blog) to be read by others?
TODAY the World Wide Web may look like a graveyard laden with bits and pieces of fallen dotcoms - those e-biz malls, mega portals, online grocery stores and what have you - but the Internet has not yet seen the last of its ... More

MERGERS & ACQUISITIONS

Lord Krishna picks 20% in Flexcel
THE Kochi-based Lord Krishna Bank has picked up a 20 per cent equity stake in Flexcel International, an Application Service Provider (ASP). Flexcel International with a Rs 20 crore equity capital is a 50-50 joint venture between the HDFC Bank ... More

SECURITY

Study finds business continuity plans wanting
AFTER 9/11, and more recently, the border tensions between India and Pakistan, business continuity plans (BCP) and disaster recovery plans (DCP) seem to have become the buzzwords in Indian industry. A recent survey conducted by KPMG reveals ... More

Microsoft now redefines trustworthy computing
YOU don't get to be the richest man in the world without a lot of chutzpah. Fine. The Microsoft Chairman, Mr William Gates III, has chutzpah....but what does that have to do with you and me? Plenty, if you are using Hotmail. Have you noticed ... More

PEOPLE

Pentamedia Graphics Director resigns
CHENNAI: Mr G. Venkatesh Babu, Director and COO, Pentamedia Graphics Ltd, has resigned from the company from July 22, according to a communication from the company to the stock exchanges on Monday. ... More

NEW PRODUCTS & SERVICES

Kodak digital mini lab in Pune
PUNE: Noritsu QSS 3001D, the latest digital mini lab from the Kodak family, has been launched in Pune. This is a high-end digital mini lab capable of producing prints not only from the standard negatives, CDs, zip, flash cards, memory ... More

Integrated launches new software
KOCHI: The Chennai-based Integrated Hitech Ltd has introduced a software application — easitax — so as to prepare and file income-tax returns. It provides a simple solution to the complex tax system in the country as it ... More

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Rocket science for lighter `Jaipur foot'

`Labour costs eroding India's edge in textile sector: Study

Under-invoicing in soyabean oil imports

Software cos' profit margin not impressive

Heading towards a hunger trap

Professional education expanding by semester

Q1 profit numbers muted for PSBs

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Jul. 21-Jul. 27
`Smaller towns are emerging markets for IT industry'

PC sales up 5.8 pc in Q2 `on consumer purchases'

Wipro may be indirectly hit by WorldCom's woes

India must follow the Chinese model — Telephone and Internet penetration

VSNL revenues from telephony down Rs 736 cr

E-biz to lead rebound by 2003-04: IDC

`Infotech industry to touch $46 b in 2006'

Watch out! Women at work