Financial Daily from THE HINDU group of publications
Saturday, August 10, 2002
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Financial Daily from THE HINDU group of publications Saturday, August 10, 2002 |
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INFO-TECH ANNOUNCEMENTS Reliance Info `one of the cos' looking at Sify RELIANCE Infocomm is one of the contenders for Internet services company Satyam Infoway. "We are just one of the companies looking at it; as part of our business strategy we would be considering all business opportunities," said a spokesperson ... More OUTSOURCING BPO sector demand, silver lining for Chennai real estate Contrary to the belief that the IT companies would take up space in the so-called IT corridor or in any specific location, the IT sector has leased substantial space over the last year in areas such as Guindy, T. Nagar and Egmore. This is indicative that the sector does not have any specific location preferences, the report said. More TELECOMMUNICATIONS Cell subscriber base touches 7.69 million THE cellular subscriber base in the country has reached 7.69 million, with over 3.51 lakh additional customers in the month of July 2002. As per the latest estimates of the Cellular Operators Association of India (COAI), the total number of ... More
Hutch offers new pre-paid scheme in AP HARDWARE `Disk storage market grew 64 pc in 2001' IDC has said that the disk storage market in India witnessed a robust growth in 2001. IDC Research has estimated the disk storage market in India at 1709.6 terabytes in 2001, a growth of 64.2 per cent over corresponding figures in 2000. In ... More SOFTWARE D Link to buy back shares at Rs 80 D LINK India today announced that it would buy back the company's shares, not exceeding Rs 16 crore, at a price of up to Rs 80 per equity share. The company has informed the Bombay Stock Exchange (BSE) that the board of directors at its meeting ... More
Wipro to sponsor two chess players from TN
New software product from Visu soon MERGERS & ACQUISITIONS Brigade scouting for acquisitions with $50-m funds THIS is a brigade with a difference. With a money chest of $50-million and ideas to become a global corporation, it is scouting for strategic acquisitions to ramp up operations and firming up plans to leverage Hyderabad and Chennai centres to ... More ALLIANCES & JOINT VENTURES Pramati to set up tech lab with IIIT-H IN yet another industry-academia initiative, Pramati Technologies, a middleware software vendor, has teamed up with the International Institute of Information Technology (IIIT), Hyderabad, to establish a middleware technology lab and develop Java ... More OFF-SHORE DEVELOPMENT Satyam to set up overseas centre for Saint Gobain arm SATYAM Computer Services Ltd has announced that it has signed up with Saint Gobain Abrasives, Inc, a Massachusetts-based corporation, to provide IT services. As part of this initiative, it will set up an offshore development centre (ODC) for ... More
SoftBrands to shift base for DemandStream BROADBAND RailTel to award Rs 150-cr OFC contracts this year RAILTEL Corporation plans to award contracts valued at over Rs 150 crore this year for building the 20,000-route km of optical fibre cable (OFC) to connect the four metros and four mini-metros - Ahmedabad, Pune, Secunderabad and Bangalore - ... More IT-ENABLED SERVICES Karnataka unhappy with Nasscom ITES rating Many a time, the competition among States was a media creation, he said and added that there was enough business for all as barely the bottom had been scratched. More OUTLOOK `Joshi's exit will not impact Infosys' INFOSYS Technologies has said that the exit of its Chief Marketing Officer, Mr Sanjay Joshi, would not have any impact on its operations. "Mr Sanjay Joshi is leaving Infosys for professional reasons. This development will not impact our ... More
Tyco Power Systems upbeat despite price pressure PEOPLE Subrahmaniam is Covansys President CHENNAI: Covansys Corporation, a global consulting and technology services company, has announced the promotion of Mr Krishnaswamy Subrahmaniam as President and Chief Operating Officer (COO) of its wholly owned subsidiary, Covansys ... More TRENDS Debtor days down for software cos — No indicator of recovery, say analysts DEBTOR days — a ratio of receivables to sales — have come down for the software industry. In the case of some companies, the reduction is considerable. One inference from this is that in proportion to increasing revenues, many ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories 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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