Financial Daily from THE HINDU group of publications
Friday, August 02, 2002
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Incoming calls on Orange, BPL Mobile now free
QUICK on the heels of Mumbai's new cellular entrant Bharti offering free incoming calls within its AirTel network, both BPL Mobile and Orange on Thursday announced free incoming calls within their own networks. Orange and BPL have both ... More

`VSNL has not invested anything in Tata Tele'
THE Government on Thursday told the Rajya Sabha that not a penny had been invested from VSNL in Tata Teleservices Ltd (TTSL) or any other company. A proposal to invest Rs 1,200 crore in TTSL was pending the recommendations of a three-member ... More

Idea Cellular's new incentive
IDEA Cellular on Thursday announced a new incentive to its customers in Andhra Pradesh. For the next two weeks any cell-to-cell incoming call would be free. The new service will also enable all Idea subscribers to receive incoming calls free ... More

SOFTWARE


Goldstone Tele posts profit in Q1
Goldstone Teleservices Ltd has posted revenues of Rs 3.98 crore and a net profit of Rs 0.76 crore for the first quarter ended June 30, 2002 as against revenues of Rs 1.03 crore and a loss of Rs 0.03 crore for the corresponding quarter last ... More

SQL Star Q1 net up at Rs 15.03 lakh
SQL Star International Ltd has recorded revenues of Rs 9.38 crore and a net profit of Rs 15.03 lakh for the first quarter ended June 30, 2002 as against revenues of Rs 12.48 crore and a net profit of Rs 11.10 lakh for the corresponding quarter ... More

Rolta Q2 profit down 17 pc
MUMBAI: Rolta India Ltd has posted a 17 per cent decline in net profit for the second quarter ended June 30, 2002 at Rs 25.12 crore compared to Rs 30.23 crore during the corresponding period last year. Net sales for the quarter were ... More

MANPOWER


Manpower demand up 15-20 pc despite poor biz
DESPITE poor business conditions, there has been a 15-20 per cent increase in manpower demand in the IT industry, according to Hewitt Associates, an outsourcing and consulting company. The firm, however, adds that the organisations are being ... More

MERGERS & ACQUISITIONS


Avant! buyout doubles Synopsys India R&D base
THE research and development base at EDA (electronic design automation) tool major Synopsys' India operations has doubled overnight with the integration of the Avant!'s local operations, following Synopsys buying out Avant! globally. The ... More

Wipro concludes Spectramind acquisition
BANGALORE: Software major Wipro Ltd has concluded the acquisition of 66 per cent stake in Spectramind e-Services Private Ltd on July 31, the company said in a statement. Following this new stake-buy, Wipro's holding in Spectramind has ... More

EVENTS


Microsoft ropes in Indian faculty for US summit
ABOUT 14 professors and senior faculty members of some of the best technology institutes of the country have been chosen by the Microsoft Corporation to be part of their Microsoft Research faculty summit being held in the US. The Microsoft's ... More

VENTURE CAPITAL


Infinite to seek up to Rs 70-cr funding
The company plans to hire about 850 software professionals over the next 24 months. More

IT-ENABLED SERVICES


Need to promote ITES sector stressed
THE `Destination India' for large companies eager to source information technology-enabled services (ITES) capabilities has taken a beating with September 11 events, Indo-Pak border tensions, Gujarat incidents etc. acting as `Show stoppers', ... More

NEW PRODUCTS & SERVICES


IBM's data recovery solution
BANGALORE: IBM has announced the launch of `Rapid Restore PC', a data recovery solution on its new ThinkPads and NetVista desktop systems. Developed jointly with Xpoint, the software is unique in the industry, according to an IBM ... More
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Top Stories
Manpower demand up 15-20 pc despite poor biz


Govt mulling refined oil customs duty cut?

Drought situation `alarming'

Tax-free bonds look appetising

Cleansing the electoral process

Gangster economics

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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


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