Financial Daily from THE HINDU group of publications
Thursday, October 17, 2002
Markets (Oct. 16)
BL 2501040.26 (-1.25)
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Dollar (Buy/Sell)48.35/48.48
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TELECOMMUNICATIONS


AirTel woos pre-paid users thru Convertible Plans
PRE-PAID users of AirTel mobile phone can now enjoy a host of value-added services offered under post-paid service at no extra cost. However, the existing customers have to opt for different tariff plans offered to post-paid customers. Those ... More

`Mumbai largest grey market for cell-phones'
The difference in cost between the legitimate and illegitimate markets was over 15 per cent in Mumbai and this was leading to handsets making their way to Mumbai from centres such as Bangalore and Delhi. More

It's birthday `blues' for BSNL
TELECOM major Bharat Sanchar Nigam Ltd (BSNL), which has just completed two years after being carved out of the Communications Ministry, is wary of its next birthday on October 1, 2003. For, the moment it enters year three, it will no longer ... More

Hughes Tele reports lower net loss in Q2
HUGHES Tele.com, basic telephony operator in the circles of Maharashtra and Goa, has reported lower net loss and higher operating profit for the quarter ended September 30, 2002, as compared to its performance during the corresponding quarter of ... More

STOCKS


Fund holding in Mastek up
INSTITUTIONAL holdings in software services firm Mastek rose in the quarter ended September 2002 over the previous quarter. This was due to increased buying by the existing large investors as well as the entry of new funds While mutual funds ... More

SOFTWARE


India, Romania sign MoU
INDIA and Romania have signed a memorandum of understanding (MoU) for co-operating and collaborating in the area of information technology for five years. A co-ordination committee will be set up to identify areas of co-operation between the ... More

Mahathir focus on IT co-operation
THE Malaysian Prime Minister, Dr Mahathir Bin Mohammad, a man known for visionary leadership and for transforming the Malaysian economy into a vibrant, bustling entity, is on a different mission to Hyderabad and Andhra Pradesh — attract IT, ... More

CoOptions Tech designing ASP for rural tracts
COOPTIONS Technologies Ltd, the Hyderabad-based software solutions provider, is developing an ASP (application service provider) solution for the rural sector — a multi utility portal, which gives access to production and investment credit, ... More

India-West Indies series — TAKE Solutions to handle logistics for World Sport
THE Chennai-based TAKE Solutions will handle the supply chain and logistics requirement for the Singapore-based World Sport Nimbus Private Ltd for the telecast of the India-West Indies cricket series. The contract was worth Rs 1.20 crore for the ... More

i-flex banking solution for IMF
I-FLEX Solutions Ltd, a Bangalore-based provider of integrated IT solutions for the financial services industry, announced that it has been chosen by the International Monetary Fund (IMF) to implement its flagship banking product ... More

Sonata to pay 20%, Q2 net up
SONATA Software, a software services company based here, has reported a sequential growth of 21.64 per cent in net profits and 8.14 per cent in revenues for the second quarter ending September 30, 2002 over the pervious quarter. Net profits ... More

Yokogawa bags Sterlite order
BANGALORE: Yokogawa Blue Star Ltd, a process automation company based here, has bagged a major order from Sterlite Industries (India) Ltd, for supply and commissioning of Yokogawa's Plant Information Management System (PIMS) called ... More

INTERNET


Debt market info on the Net
MUMBAI: Investmentz.com, a division of Asit C Mehta Investment Intermediates Ltd, a brokerage house, has launched DebtMarketz.com, which will provide information on the Net, especially for the small players in the debt ... More

EVENTS


EDS conference in Bangalore
BANGALORE: EDS has announced its local Product Lifecycle Management (PLM) Users' Conference will be held in Bangalore on October 21 and 22. The conference is part of the company's ongoing efforts to further enhance its mutually ... More

VENTURE CAPITAL


Daksh gets $21-m funding
NEW DELHI: Daksh e-Services Pvt Ltd, a business process outsourcing company, has received a $ 21-million funding from a private equity investment firm, General Atlantic Partners LLC. Earlier, Daksh had raised over $ 8 million from CDC ... More

NEW PRODUCTS & SERVICES


Logitech unveils new range of mice
LOGITECH has announced the launch of three new mice — optical and cordless — under its MX Series of Performance Mice. The three new products — the MX 700 Cordless Optical Mouse, MX 500 Optical Mouse and MX 300 Optical Mouse ... More
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Top Stories
Vajpayee Government completes three years — The unfinished agenda


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`Mumbai largest grey market for cell-phones'

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In Depth
Gender Justice
Simple Economics
Small Investor
Looking back
Oct. 6-Oct. 12
Wipro moving into business intelligence, data warehousing

Software co results to offer mixed fare

Cross-connections at VSNL


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