Financial Daily from THE HINDU group of publications
Saturday, January 18, 2003
Markets (Jan. 17)
BL 2501135.46 (+1.32)
BSE Sensex3370.39 (-3.13)
S&P CNX Nifty1086.50 (-1.85)
Dollar (Buy/Sell)47.89/48.02
Gold Std (10 gm)5760 (+80)

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AWARDS & HONOURS


Businessworld award
The Deputy Prime Minister, Mr L.K. Advani, presenting the Businessworld Most respected Company 2003 Award to Mr Nandan Nilekani, CEO, Infosys, in Mumbai.

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TELECOMMUNICATIONS


Cell cos make reciprocal offer to Reliance, Tatas
IN an effort to prove that they are not "anti-consumer", the private cellular operators have shot off a missive to private basic operators Reliance Infocomm and Tata Teleservices Ltd (TTSL), offering to provide them interconnection based on a ... More

Cell cos take interconnect issue to telecom tribunal
THE private cellular operators have approached the Telecom Dispute Settlement Appellate Tribunal (TDSAT) against the directive on interconnection and show-cause notices issued by the Telecom Regulatory Authority of India (TRAI). According to an ... More

Caught in the crossfire
THE cellular fight has been going on far too long to be ignored. On one side are companies such as Bharti and Hutch, and on the other, the Tatas and Ambanis. While the former use the GSM, short for Global System for Mobile Communication ... More

Touchtel numbers to change
CHENNAI: Touchtel numbers in Chennai will change from the present seven digits to eight digits from January 19. The first digit `7' will be replaced by `52', according to a press release from Touchtel. However, Touchtel will continue to ... More

AirTel launches voice portal
CHENNAI: Bharti Mobinet Ltd, one of the cellular phone service providers in Chennai, launched its voice portal on Friday. Called `Simply Talk', AirTel subscribers can dial `646' to access a host of services including news, stocks, ... More

Idea Cellular posts drop in subscriber base
The company reported a base of 3,08,210 subscribers for December; whereas its subscriber base stood at 3,12,883 in November, 2002 and at 3,13,394 in October. More

SOFTWARE


Wipro net crawls up in `boring quarter'
SOFTWARE major Wipro posted revenues of Rs 1,108 crore in the third quarter ended December 2003, representing a 28-per cent increase from Rs 875.9 crore in the previous period. The profit after tax was Rs 230.6 crore, up three per cent from Rs ... More

Sonata net profit up 180 pc
BANGALORE: Sonata Software Ltd has said its net profit for the third quarter ending December 31, 2002 grew by 180 per cent while its sales revenues increased by 30 per cent over the corresponding quarter previous year. Net profit ... More

INTERNET


Rediff.com may charge users soon
THE Nasdaq-listed portal, Rediff.com, has indicated that it may start to partially charge users for accessing the content as part of its strategy to build up revenue streams other an e-commerce and online advertisements. According to Rediff.com ... More

IT TRAINING


NIIT centre at Indonesian varsity
MUMBAI: NIIT Ltd and Indonesia's University of Atma Jaya have concluded a strategic initiative to set up a high tech computer education center at the University campus in Yogyakarta in Indonesia. NIIT will provide cutting-edge IT ... More

MERGERS & ACQUISITIONS


HCL Tech acquires 19 pc stake in US company
SOFTWARE major HCL Technologies said it has acquired a 19 per cent stake in the US-based Aalayance Inc, a $4.5-million company, for further consolidating its expertise in enterprise application integration and business integration areas. The ... More

KPIT Info board meet on merger
MUMBAI: The board of directors of KPIT Infosystems Ltd at its meeting held on Wednesday took on record the order passed by the Bombay High Court approving the scheme of amalgamation between KPIT Infosystems Ltd and Cummins Infotech Ltd ... More

BROADBAND


DishnetDSL signs SingTel cable deal — Own project cost pruned
A statement released by DDSL said that the company would sell this bandwidth to existing and prospective customers and that it would use the bandwidth to rollout its services in newer towns. More

Hughes Escorts, Data Access in broadband alliance
SATELLITE communications service provider Hughes Escorts Communications Ltd and international long-distance operator Data Access (India) Ltd have announced a strategic tie-up to offer broadband managed network services. Announcing this at a ... More

  • NeST plans investment in multimedia

    E-GOVERNANCE


    Cyber Grameen venture to bridge digital divide
    A quiet village on the National Highway 5 near Nellore was today buzzing with activity. Several Union Cabinet Ministers, Ministers of the Andhra Pradesh Government and a host of dignitaries including top officials of Andhra Bank, Indian Bank ... More

    PIRACY


    Web cuts out the cut-and-paste job
    IMITATION may well be the highest form of flattery but not plagiarism, as an Indian academic had occasion to find out recently. Be that as it may be, the Web has spawned a practice that has come to be known as cut-and-paste plagiarism and, ... More

    OUTLOOK


    Wipro counts out further 186k billing
    WIPRO Ltd is likely to lose business from its large client 186k, a former broadband telecommunication arm of Lattice Plc, after it merged with National Grid Transco, the Vice-Chairman, Mr Vivek Paul, said. The muted growth forecast of $162 ... More

    NEW PRODUCTS & SERVICES


    HP unveils new line of PCs
    HEWLETT-PACKARD India Pvt Ltd has announced a new line of consumer PCs in the Compaq Presario range at aggressive price points to meet the requirements of diverse consumers varying from budget first time users, mature PC users to tech ... More

    Office productivity suite for free
    BANGALORE: Maximus2, a wholly owned subsidiary of a British company, has come out with an offer to give away its powerful office productivity suite - GroupX2 - for free for the first 2003 companies that registers with it. The ... More

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    Top Stories
    `Rural sector needs more credit avenues'


    Wipro counts out further 186k billing

    Specialist magazines eat into general category

    Tea Board ready to amend order — But wants full-fledged auction system in place first

    Cell cos take interconnect issue to telecom tribunal

    Directors not liable for certain FI defaults

    In Focus
    Stock scam unravelling
    Petrol pump controversy
    Kelkar Report
    Reliance & Telecom Competition
    2002: A drought year
    Gold: Still the winner?
    Oil PSUs: Disinvestment dilemma
    NPAs in Banking
    Q3 Results
    In Depth
    Gender Justice
    Simple Economics
    India Interior
    Consumer Notes
    Books and Reviews
    Looking back
    Jan. 5-Jan. 11
    Interconnect row with mobile players — Basic operators seek Mahajan help

    `IT training will continue to be in demand' — Mr Pramod Khera, CEO and Managing Director, Aptech Ltd

    Wi-Fi, the wireless alternative

    Indian firms to emerge key global players: IDC

    TRAI map for mobile trunk radio services


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