The Hindu Business Line : Wednesday, January 15, 2003

`TRAI bias cost cell users Rs 1,600 cr'
THE cellular subscribers had shelled out excess charges amounting to Rs 1,600 crore in 2002, all because of the discriminatory interconnection regimes ushered in by the Telecom Regulatory Authority of India (TRAI), according to the private ... More

Distortion of facts, say basic operators
LASHING out at the private cellular operators for their failure to provide interconnection, the private basic operators have noted that rather than facilitating customers, they are now actually using interconnectivity as an arm-twisting weapon to ... More

10 pc fall in Chennai Telephones revenue
CHENNAI Telephones is expected to fall short of its target of providing fixed line connections for the year. Also, it expects a 9-10 per cent drop in revenue, mainly because of the nearly 60 per cent tariff reduction effected in July ... More

Cell cos selective in targeting Tata?
ARE the private cellular operators being selective in targeting Tata Teleservices Ltd (TTSL) and cutting off interconnection with its basic network, even as they continue to turn a blind eye towards the limited mobility services of Bharat Sanchar ... More

Reliance's IndiaMobile services to roll out today
RELIANCE Infocomm's `IndiaMobile' limited mobility telephone service commences rollout tomorrow, with the start of customer registrations and country-wise product and service demonstrations in all major cities and towns across the country. The ... More

SOFTWARE

Laser Soft looking for investors — Fresh funds to be used to increase marketing efforts
THE Chennai-based Laser Soft Infosystems Ltd is in talks with a couple of large players in the IT arena for investing in the company. The company is also looking for a strategic investor for its BPO (business process outsourcing) initiative. ... More

Naidu offers more land for Infosys Hyderabad centre
INFOSYS Technologies Ltd, the country's leading end-to-end technology solutions provider, has outlined its Hyderabad expansion plans which involves an investment outlay of Rs 100 crore and additional manpower of about 1,300 in Phase II and III ... More

MERGERS & ACQUISITIONS

UBS Warburg ups stake in Polaris
UBS Warburg Asia, A/c Swiss Finance Corporation, has increased its stake in Polaris Software Lab to 2.92 per cent (15.01 lakh shares) during the third quarter ending December 31, 2002, from less than one per cent. UBS Warburg is one of the ... More

Soffia board announces swap ratio
FOLLOWING an earlier announcement on the intent to merge TranSys Technology (P) Ltd with Soffia Software, the board of directors of Soffia met on Monday to arrive at a swap ratio of 304 shares in Soffia for every 20 shares in Transys. In a ... More

REGULATORY BODIES & RULINGS

TRAI refutes allegations
THE Telecom Regulatory Authority of India (TRAI) has refuted allegations made by the private cellular operators that it is biased towards the basic service providers, as stated in their open letter. In a strong response to the Cellular ... More

ALLIANCES & JOINT VENTURES

Servion partners with PeopleSoft
CHENNAI: The Chennai-based Servion Global Solutions Ltd (Servion) has tied up with PeopleSoft Corporation as an Implementation Partner to provide CRM solutions as part of its Integrated Business Response Solutions. With this ... More

e-Brahma, Incoda Corp tie up
COIMBATORE: e-Brahma Technologies Pvt Ltd, based here, has tied-up with the US-based Incoda Corporation to develop a knowledge management product for the pharmaceutical sector. The two companies entered into a `development agreement' ... More

E-GOVERNANCE

Rs 750-cr outlay for information network in Kerala
THE State Government has chalked out a Rs 750-crore plan for the creation of an information network for local bodies. The Local Administration Minister, Mr Cherkala Abdullah, told newspersons here on Tuesday that the project would be ... More

CyberGrameen — a rural project with a difference
CYBERGRAMEEN is an IT initiative with a difference. It seeks to empower people in the rural heartland of the country leveraging the benefits of convergence technologies and thereby bridging the digital divide. In one such effort, the Swarna ... More

TRENDS

Tech cos poised to garner global business: Murthy
INSPITE of the relatively low growth in technology spends, the Indian IT and technology sector will be able to garner a bigger chunk of business, the Chairman and Chief Mentor of Infosys Technologies Ltd, Mr N.R. Narayana Murthy, ... More

NEW PRODUCTS & SERVICES

Proton launched in South
CHENNAI: TVS Electronics has rolled out TVS Proton, a bill printer, in the South Indian market. With the launch in the South, the company is targeting about 50 per cent market share in the country in the transaction printer segment, ... More

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