Financial Daily from THE HINDU group of publications
Friday, November 01, 2002
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OUTSOURCING


HSBC plans to double BPO staff strength
HSBC is planning to double the staff strength in the country for its back office operations over the next two years. It plans to add about 2,000 employees to its existing staff of 2,000 people, said Mr Malcolm Wagget, Chief Operating Officer of ... More

BPO players confer ways to resolve price wars
SHOULD India take a consortium approach to BPO? One of the questions thrown up at the CEO Conclave at Bangalore IT.com had smaller BPO players wondering whether this would solve the current problem of price undercutting in the industry. The ... More

TELECOMMUNICATIONS


BSNL-MTNL merger plan may be dumped
THE Department of Telecommunications (DoT) is likely to dump the proposal to merge the two public sector telecom behemoths, Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL). Instead, what is now being considered is the ... More

RPG pulls Wings from Lowe; Rubecon gains
CHENNAI-based RPG Cellular, part of the Rs 6,500-crore RPG Group, has pulled the advertising for Wings Prepaid service from Lowe, which has handled the account since 1999. The account has gone to Rubecon Communications, which already handles ... More

Reliance Infocomm to go on stream on Dec 28
RELIANCE Infocomm Ltd, the Reliance Group company focused on telecom and communications, is expected to launch its phone services on December 28 in villages of Gujarat, according to Mr Mukesh Ambani, Chairman and Managing Director, Reliance ... More

HARDWARE


Moser Baer net profit drops; cuts forecast
Net profit of the company for the quarter ended September 2002, stood at Rs 53.14 crore as compared to Rs 54.13 crore in the corresponding quarter last year. More

C-DAC to launch supercomputer
BANGALORE: The Centre for Development of Advanced Computing (C-DAC) is launching a supercomputer with a processing power of one teraflop on December 16, said the Union IT Secretary, Mr Rajeev Ratna Shah, here. As a next step to this, ... More

SOFTWARE


Risk management solution for NSE
THE National Stock Exchange (NSE) has announced the successful deployment of its `mission-critical' PRISM — Parallel Risk Management Solution that is supported on Intel-based servers. This facility brings the benefits of real time risk ... More

Software exports up 25% in first half
NEW DELHI: Software exports from India in the first half of the current fiscal grew by 25 per cent in rupee terms over the same period last year to Rs 20,600 crore, according to the Electronics and Computer Software Export Promotion ... More

TCS, Access2future join hands
HYDERABAD: Tata Consultancy Services (TCS) has tied up with Access2future (A2f) to market its personal finance management software, E.X. Personal Investment Manager, in Andhra Pradesh. A2f is an IT retail company based in Hyderabad. ... More

IT TRAINING


SSI in talk-mode for acquisition
SSI Ltd is looking at yet another acquisition. The company is talking to about seven companies, mostly overseas, and the size of the acquisition could range between $6 million and $60 million. "There is no time-frame for the acquisition. It ... More

ALLIANCES & JOINT VENTURES


Hinduja TMT ties up in Philippines
MUMBAI: In order to meet requirements of a disaster recovery and business continuity centre for its international clients, Hinduja TMT (HTMT) has announced that it has tied up with a company in the Philippines for providing call centre ... More

BROADBAND


RailTel garners Rs 10 cr through bandwidth sale
RAILTEL Corporation, which has begun offering telecom bandwidth through its optical fibre cable (OFC) network in various parts of the country, has made a humble beginning with a business of about Rs 10 crore. The Union Minister of State for ... More

TRENDS


Pressure on margins of tech biggies seen
TOP-LINE Indian software vendors might draw comfort from stabilising prices in the global market, but analysts back home are concerned over the pressure on operating margins cramping bottom line growth of the tech-biggies. Operating profit ... More

NEW PRODUCTS & SERVICES


Supersight opens centre in Chennai
SUPERSIGHT Ceequence Technologies Ltd has inaugurated its multimedia contact centre here. The centre currently has about 100 seats and has had an investment of $2 million. The company has a paid-up equity capital of Rs 3 crore, with the parent ... More
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Top Stories
`Rural folk worst-hit by strained basic services'


Kelkar panel moots excise on processed foods sector — Trade takes up cudgels against recommendations

Pressure on margins of tech biggies seen

B-school placements probe new avenues

ICICI Bank posts Rs 285-cr consolidated net profit

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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