Financial Daily from THE HINDU group of publications
Friday, October 18, 2002
Markets (Oct. 17)
BL 2501039.68 (-0.58)
BSE Sensex3006.14 (+11.15)
S&P CNX Nifty973.30 (-0.30)
Dollar (Buy/Sell)48.36/48.49
Gold Std (10 gm)5150 (-25)

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AWARDS & HONOURS


Microsoft pat for engineer
AN engineer working with the Technopark-based US Software Ltd, Mr Sreejumon Purayil, has been selected by Microsoft Corporation for the Most Valuable Professional (MVP) award for proven competence in the MS.Net platform. Announcing this, a US ... More

Infosys bags MAKE award
BANGALORE: Infosys Technologies has announced that it has won Most Admired Knowledge Enterprises (MAKE) award in the Asia region, for 2002. This award recognises the mature knowledge management practices of the company. Infosys is ... More

TELECOMMUNICATIONS


Can BSNL dance to competitive tunes?
CELLONE, the cellular service of BSNL, was inaugurated recently amidst lot of fanfare. The service was expected to be launched nationwide in about 350 cities and towns, covering first all State capitals, by October 2. However, there has been a ... More

Bharti launches yet another product in AP
BHARTI Mobile Ltd, has launched a two-in-one product in Andhra Pradesh which combines the facilities offered by its pre-paid and post-paid services, according to its Head, Marketing, Mr Vijay Balakrishnan. Priced at Rs 999, the product offers ... More

STOCKS


Kaashyap Radiant to mull stock split
MUMBAI: Kaashyap Radiant Systems Ltd has informed the BSE that a meeting of its board of directors will be held on October 18, to consider splitting of equity shares of Rs 10 each paid-up into 10 equity shares of Re 1 each paid-up. ... More

SOFTWARE


IT cos seek back-up offices in Malaysia
THE Malaysian Prime Minister, Dr Mahathir Bin Mohammad, said that Hyderabad has a tremendous potential for IT business and some of the IT companies here were keen to have their back-up centres in Malaysia. ``It is good to have two centres. ... More

Witness in partnership with FutureSoft India
WITNESS Systems, a US-based provider of software for contact centres, today entered into a partnership with FutureSoft India to cater to the growing call centre industry in the country. Under the alliance, FutureSoft would provide key services, ... More

Hexaware's Q2 net profit at Rs 2.34 cr
HEXAWARE Ltd has reported a net profit of Rs 2.34 crore on a turnover of Rs 25.16 crore for the quarter ended September 2002. As the previous year's results include the pre-restructuring figures of the training division, it is not directly ... More

VisualSoft Q2 profit up 72 pc
VISUALSOFT Technologies Ltd, has recorded total revenues of Rs 30.92 crore with a net profit of Rs 8.07 crore for the quarter ended September 30, 2002 as against a total income of Rs 24.99 crore and a net profit of Rs 4.68 crore for the ... More

Kshema plans tie-up to tap domestic market
IN a bid to broad-base its revenue streams, Kshema Technologies, the Bangalore-based software services company, is planning to diversify into the domestic market. The company plans to partner with a systems integration company to tap the ... More

HUMAN RESOURCES


Cognizant adds 950 staff, ups revenue hope
THE Nasdaq-listed Cognizant Technology Solutions (CTS) has added 950 employees during the quarter ending September 2002. Most of the recruitment was for the company's Indian operation at Chennai, Kolkata, Pune and Bangalore, said a CTS ... More

OFF-SHORE DEVELOPMENT


Satyam to base solutions centre in Malaysia
FOLLOWING the visit of the Malaysian Prime Minister, Dr Mahathir Bin Mohamad, to the Satyam Technology Centre here today, the company has announced its decision to establish its first global solutions centre in Malaysia that will also serve as a ... More

EVENTS


CSI meet in Bangalore from Oct 29
BANGALORE: The 37th National Convention of the Computer Society of India (CSI) is to be held in Bangalore between October 29 and October 31. The Karnataka Chief Minister, Mr S.M. Krishna, is expected to inaugurate the convention, ... More

IT-ENABLED SERVICES


BSNL launches `CallMe' in South
BHARAT Sanchar Nigam Ltd (BSNL) has opened up yet another line of service — call centres. The new avatar called, ``CallMe'', to serve the four southern States was launched here. It would be replicated in other zones of the country ... More

STANDARDS & BENCHMARKS


Indchem assessed for SEI-CMM level 4
CHENNAI: The Chennai-based Indchem Software Technologies Ltd has been assessed for SEI-CMM level 4. The assessment was carried out by KPMG during September. Part of the Rs 1,100-crore Sanmar Group, Indchem is a software service and ... More
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