Financial Daily from THE HINDU group of publications
Wednesday, August 28, 2002
Markets (Aug. 27)
BL 2501085.79 (-9.53)
BSE Sensex3097.85 (-25.75)
S&P CNX Nifty987.70 (-11.15)
Dollar (Buy/Sell)48.46/48.59
Gold Std (10 gm)5110 (+35)

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ANNOUNCEMENTS


24/7 to hire 1,000 more by next April
24/7 Customer.com, a provider of customer support services and solutions will add about 1,000 people by April next even as it plans to branch out to Hyderabad and Kochi by investing close to $10 million this year. The company is setting up a ... More

ESOPS


TeN plans to offer ESOPs
THE just-born Transversal E Networks (TeN), the first product of the business incubation programme at the Indian Institute of Information Technology and Management-Kerala (IIITM-K), has announced its intention to implement an employee stock ... More

TELECOMMUNICATIONS


MTNL places orders for next set of GSM gear — Cellular expansion in Mumbai, Delhi
AFTER a long period of hibernation on the cellular services front, Mahanagar Telephone Nigam Ltd (MTNL) has now placed its second set of orders for GSM equipment for expansion of its cellular service networks by 1.25 lakh lines each in Mumbai and ... More

Touchtel unveils Zipnet service
TOUCHTEL, Karnataka's first private fixed line service provider, launched Digital Subscriber Line (DSL) service in Bangalore today. Called ZipNet, the service allows Internet access by a fixed line service operator in the State. It also offers ... More

Touchtel launches DSL service
NEW DELHI: Touchtel the fixed line operations of the Bharti group has launched digital subscriber line (DSL) services under the brand name Zipnet for its subscribers, which allows the customer to surf the Net and simultaneously talk on ... More

AirTel announces CARnival winner
HYDERABAD: Bharati Mobile-promoted AirTel has announced winners of the AirTel CARnival wherein Mr Anand Adukia, was presented a Maruti 800 car. The contest was open to both new and existing customers in the twin cities. The winner ... More

STOCKS


Synergies with TCS help CMC
CMC Ltd has attracted a lot of market attention in the last few weeks on account of a promising outlook arising from its synergies with another Tata group company, Tata Consultancy Services (TCS) — the country's largest software firm. In ... More

SOFTWARE


Jubilant in alliance with LION Bioscience
JUBILANT Organosys Ltd entered into a strategic alliance with LION Bioscience AG for marketing and distribution of LION's Life Science Infromatics solutions in India. Jubilant has already signed on as India's first customer for LION's ... More

Too many bowls spoil the broth?
If you want to add more salt to a brew, would you do it to every bottle it is in, or add it in a central cauldron? Programmers the world over face this problem of deadlines and poor planning - which helps kill the spirit of true component architec ture. Read the experience and the lessons learnt, first hand. More

What price, pricing?
Pricing is an issue that cuts both ways. Market price of a product depends on when you are selling it, who you are selling it to and where. Are there wholly right or wrong answers to this question? More

Helping to set foot in Europe
There is aid coming for small IT companies in India wanting to conquer the European shores. Check this out. More

Wipro Tech signs up CNA Life
BANGALORE: Wipro Technologies announced that it has signed a contract with CNA Life, a unit of the CNA insurance companies, to develop a new business processing system and transform CNA Life's existing legacy policy administration ... More

SECURITY


Safe and sound
Losing a costly gadget is painful. But, there's some pleasure in knowing that that the thief agonises over a futile effort. Here's how you can do this. More

HCL Comnet to conduct security audit for AP
HCL Comnet, an IT services management subsidiary of HCL Technologies, has bagged the Andhra Pradesh Government contract to conduct and implement an end-to-end security audit for the State's IT infrastructure which covers two major projects — ... More

CONVERGENCE


Meeting point!
People on the move want data from varied sources at their fingertips in a jiffy. They want, in short, convergence. More

E-GOVERNANCE


AP to upgrade PCOs to cyber dhabas
IN A two-stage process to be completed by the end of this fiscal, the Andhra Pradesh Government has embarked on a project which will convert about 5000 public call offices (PCOs) to Internet dhabas and later upgrade them to serve as e-seva ... More

EVENTS


Rockwell hosts OEM meet
ROCKWELL Automation, an automation solutions provider, showcased its range of products and solutions in Hyderabad at a national OEM (original equipment manufacturer) meet here on Tuesday where over 250 OEMs took part. It plans to host similar ... More

IT-ENABLED SERVICES


Call centres face manpower crunch
IT'S crisis time at call centres in Bangalore. According to industry experts, there is a shortage of over 8,000 operators in the city-based call centres alone. More than 45 large BPO (business process outsourcing) units have sprung up in the ... More

OUTLOOK


Infosys logs on to life sciences practice — Earnings guidance at Rs 3,108-3,195 crore
SOFTWARE major Infosys Technologies Ltd has started a new practice in life sciences. Its Chairman and Chief Mentor, Mr N.R. Narayana Murthy, said at its annual analysts meet. "We have put in place necessary things and we will talk about it after ... More

NEW PRODUCTS & SERVICES


Cisco launches new online tool
NEW DELHI: Cisco Systems has announced the launch of an Internet-based application aimed at streamlining network design and implementation for its customers and partners. The Cisco ``Product Advisor'' is a guided-selling tool that ... More
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