Financial Daily from THE HINDU group of publications
Wednesday, November 13, 2002
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Variety is the spice...
As competition hots up, cellular operators are finding that variety is the name of the game. For cell-phone users, this can only mean party time. More

Tata Tele plans Rs 1,000-cr investment in Karnataka
TATA Teleservices Ltd plans to invest close to Rs 1,000 crore in Karnataka over the next six years as it rolls out its basic and wireless telephony services in the State. The company announced the launch of its wireless services in Bangalore, ... More

Tata Tele sees profit `after 4-5 years'
TATA Teleservices Ltd, which expects to double its turnover annually for the "next 2-3 years", is likely to report profit "after 4-5 years", according to the Mr S. Ramakrishnan, Managing Director. "We expect to report break-even at operations ... More

Escotel launches e-recharge facility
KOCHI: The Escotel Mobile Communications, a major Cellular service provider in Kerala, UP (West), Uttranchal and Haryana, has announced on Tuesday the launch of E-Recharging facility in technical collaboration with Venture ... More

SOFTWARE


Microsoft to invest $400 m in India over three years
MICROSOFT Corporation will make its largest investment outside the US in India by pumping in $400 million (about Rs 2,000 crore) over the next three years to spread computer literacy, outsource more software and boost its business in the ... More

Mahindra BT sees good potential in Indian market
MAHINDRA British Telecom Ltd (MBT), the telecom software joint venture between the Mahindra Group and British Telecommunications plc (BT), is looking at the domestic market for potential business. Mr Shantanu Rudra, Chief Financial Officer, ... More

Hitachi Data to focus on medium-sized cos
HITACHI Data Systems, part of the diversified Japanese giant Hitachi Ltd, engaged in storage software and data storage solutions for large enterprises, is working up a new strategy to tap the huge potential in the medium sized enterprises ... More

TransWorks implements Cisco solution
NEW DELHI: Cisco Systems has said customer relationship management and business process outsourcing service provider, TransWorks, is implementing its IP Contact Centre solutions for a new, 400-seater call centre TransWork is setting up in ... More

HUMAN RESOURCES


All roads lead to the UK
The move to remove IT from UK's `shortage occupation' list triggered panic in the industry. But immigration lawyers point out that 99 per cent of Indian companies will be unaffected by the development. More

MERGERS & ACQUISITIONS


Wipro to acquire AMS for $26 m
WIPRO Ltd has entered into a definitive agreement to acquire the global energy practice of American Management Systems (AMS) for $26 million, payable in cash. This is the fourth acquisition announcement from the company in the last six months. ... More

ISPS


VSNL ties up with Gemplex
MUMBAI: Videsh Sanchar Nigam Ltd (VSNL) has entered into a strategic tie-up with the US-based firm Gemplex to offer customised IP-based International Virtual Private Network (VPN) services. The company has established direct and ... More

EVENTS


Knowledge Park to conduct conferences
HYDERABAD: The ICICI Knowledge Park, a joint venture between the ICICI Bank Ltd and the Andhra Pradesh Government will conduct a series of international knowledge millennium conferences (IKMC). The first of these on "Drug discovery and ... More
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