Financial Daily from THE HINDU group of publications
Tuesday, October 29, 2002
Markets (Oct. 28)
BL 250996.05 (-6.22)
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Dollar (Buy/Sell)48.38/48.52
Gold Std (10 gm)5160 (+20)

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TELECOMMUNICATIONS


DoT approves `bonanza' for BSNL
IN what should come as a big relief for telecom behemoth Bharat Sanchar Nigam Ltd. (BSNL), the Department of Telecommunications (DoT) has cleared a financial package of measures that include the full reimbursement of its licence fees and spectrum ... More

Tata Teleservices' phone-tastic offer
HYDERABAD: Tata Teleservices Ltd, the private telecom services operator in Andhra Pradesh, has announced a festival scheme - Phone-tastic offer - for all new landline (wireline) customers across all the cities the company operates ... More

STOCKS


Polaris loses close to 15 pc
POLARIS Software Lab's share price plunged on the bourses on Monday as disappointing quarterly results coupled with market uncertainty about the success of its merger with OrbiTech took their toll. The company's stock price fell by almost 15 ... More

SOFTWARE


Building brands turning pricey
FOR quite a while, Indian software firms have been talking about `building their brand' in the global market as a means to boost business and profits in times of tech-slump. Surely, they are now finding that earning a name is an expensive ... More

Infosys plans recovery centre in Mauritius
SOFTWARE major Infosys Technologies has announced that it is setting up its first disaster recovery centre in the Mauritius. The company plans to invest $25 million over three years in setting up the disaster recovery centre. Infosys initially ... More

Corel, Trifin sign pact for distribution
CANADIAN software maker, Corel Pty Ltd, said it has signed a distribution agreement with Trifin Technologies to strengthen its operations in India. Corel said it partnered with Trifin because of its strong relationships with the Desktop ... More

Satyam to implement PeopleSoft solutions
SATYAM Computer Services Ltd and PeopleSoft India, a major provider of application software, have announced a strategic alliance here wherein the former will implement PeopleSoft's enterprise solutions and provide consulting services. The ... More

Rising costs may see Polaris H2 bottomline drop
POLARIS Software Lab on a stand-alone basis (without the subsidiaries and OrbiTech) may see its bottom line numbers drop for the second half of the year. The reasons for this include merger-related costs (with OrbiTech Solutions) and the ... More

Ramco Q2 net loss shoots up
CHENNAI: Ramco Systems Ltd has reported an increased net loss of Rs 6.16 crore on revenues of Rs 25.46 crore for the quarter ended September 30, 2002, as against a net loss of Rs 2.69 crore on revenues of Rs 30.14 crore for the same ... More

IT TRAINING


Kalam sets young dreams soaring
SARASWATI of standard IX and her junior, Manjula from the Government Junior College, Harohalli, will probably never forget the moment when the President came down from the dais and stopped first by them, treating them to the joys of e-learning. ... More

EVENTS


`No UK freeze on hiring Indian techies'
THE British Minister for E-commerce and Competitiveness, Mr Stephen Timms, today said that there was no freeze or cap on hiring Indian infotech professionals in the wake of changes in the UK's work permit requirements. Speaking at the ... More

NEW PRODUCTS & SERVICES


Samsung launches buildurPC
SAMSUNG has launched `buildurPC,' the custom-built personal computer aimed at home and professional users. With PC figures stagnating in the country for the past two years, Samsung, which holds half the market share or sales of 3 million PCs, ... More
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Kalam sets young dreams soaring

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In Depth
Gender Justice
Simple Economics
Small Investor
Looking back
Oct. 20-Oct. 26
Village telephony: Operators rapped for seeking USO fund

PC sales on recovery path: MAIT

B2C e-com spending to cross Rs 2,300 cr in 4 years: IDC

Need for outsourcing on the rise: Survey

Now, a branded PC for less than Rs 15,000

Idea Cellular offers national roaming facility

Mahajan launches Simputer in Italy


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