Financial Daily from THE HINDU group of publications
Tuesday, August 06, 2002
Markets (Aug. 5)
BL 2501054.15 (+6.85)
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Dollar (Buy/Sell)48.60/48.73
Gold Std (10 gm)5090 (+20)

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OUTSOURCING


Goldstone sees Rs 45-cr from BPO foray
The BPO business foray is to be taken up in a phased manner and in the first phase, which is set to start operations shortly, a 200- people facility has been completed where the company will invest about Rs 10 crore. More

TELECOMMUNICATIONS


Bharti aims to be largest pvt basic operator
EVEN as the Bharti group aims to be the largest cellular service provider having a presence in 16 circles across the country, it continues to be the leading basic service provider with a 31 per cent share of the total market cornered by the ... More

Voice mail solutions for BSNL
VOICEGATE Technologies India, a telephony solutions provider engaged in various voice processing solutions and part of the Canadian Corporation, has deployed an interactive voice response system for Bharat Sanchar Nigam Ltd (BSNL) and has lined ... More

AirTel to roll out GPRS soon
AIRTEL, the mobile services brand from Bharti Cellular, intends to roll out general packet radio services (GPRS) within the next couple of months. Making a presentation on `Information infrastructure in the digital world' at the IT Kerala 2002 ... More

HARDWARE


Tech Pacific is CA India distributor
BANGALORE: Computer Associates has appointed Tech Pacific India Ltd, as its new distributor for volume products in the country. This is part of its strategy to broaden its reach, penetrate new markets and gain market share in the ... More

SOFTWARE


Top cos see staff cost increasing
SOFTWARE companies have seen an increase in staff costs for the quarter ended June 2002 as compared to the immediately preceding quarter. However, it's the top few that have seen a sizeable increase in staff cost for the quarter, as compared to ... More

IBS sets sights on BPO leadership
"We have never lost a client, neither have we failed to generate repeat business from an existing client.'' More

Fusion to expand India business
FUSION Technologies Inc, the New Jersey-based software solutions provider, has announced its plans to expand India operations through its subsidiary — Fusion-Cybertech. The company, as part of the expansion, has announced investment to ... More

Kerala Govt signs MoU with US firm for IT facility
THE Kerala Government has signed a memorandum of understanding with US Dataport to set up a world-class carrier neutral facility and other infrastructure at Kinfra IT Park in Kochi. The facility will enable IT and IT-enabled services companies ... More

Pentagon board approves rights issue
CHENNAI: The board of directors of Pentagon Global Solutions Ltd has approved the rights issue of equity shares at par. The rights issue will comprise 1.24 crore equity shares aggregating Rs 12.42 crore which will be offered to existing ... More

ALLIANCES & JOINT VENTURES


Wipro inks pact with Upaid
BANGALORE: Wipro Technologies has signed a software development and maintenance agreement with Upaid, a pioneer of real-time software solutions for next-generation pay-as-you-use roaming and mobile payment services to mobile operators ... More

Prudente ties up with eEye Digital
BANGALORE: Prudente Solution, a network and data security company has signed up with eEye Digital Security as a strategic partner. Under this agreement, besides sourcing eEye products, Prudente will also be providing product ... More

E-COMMERCE & E-BUSINESS


RBI group okays e-money
The RBI Working Group on electronic money has said that e-money could be used as a substitute for the central bank notes and coins even though it would not be "desirable'' to place any limit on storing monetary value in e-money. E-money has ... More

EVENTS


Kerala can play bigger role in IT: Karnik
"We are trying to find new growth centres in the country and Kerala has been recognised as one among them. I see that the political commitment is there and bureaucrats are getting the support they deserve. If you look at the story of States like Karn ataka and Andhra Pradesh, you will realise how important this aspect is.'' More

  • Looking Back

    PIRACY


    $245-m loss due to piracy, says IDC
    IDC estimates that the money lost in 2001 from pirated software is close to $245 million in India, which is almost half of the legal packaged software market. Piracy is the use of intellectual property of software vendors without paying the ... More

    IT-ENABLED SERVICES


    AP Govt plans call centre for faster G2C services
    The e-governance initiatives have gradually shifted from novelty to expectation and the citizens have begun to demand better services. More

    OUTLOOK


    Analysts differ on operating profit margin trends
    "We expect the OPMs to stabilise and close at the current levels for the financial year 2003," said Mr Bhupinder Ahuja, software analyst at Deutsche Securities, in his latest report. More
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  • Top Stories
    As insurers resort to undercutting — IRDA panel hikes penalty for breach of tariff norms


    SAIL: Cost control measures do the trick

    Titan, Bata, VIP are top brands: Study

    Top cos see staff cost increasing

    At lower price realisations... Earning even a small profit is achievement for cement cos

    Manipur: `Jewel of the East' or `Wild East'?

    Major ports notch up 10 pc growth in Q1

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Jul. 28-Aug. 3
    More cos switching over to digital signature

    Microsoft now redefines trustworthy computing

    Software cos' profit margin not impressive

    Entertainment on demand on your screen at home

    Manpower demand up 15-20 pc despite poor biz


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