The Hindu Business Line : Tuesday, January 21, 2003

Storage Networking Summit
BANGALORE: The four-day Storage Networking Summit took off in Bangalore on Monday with a series of tutorials. Over 400 representatives from leading IT companies and enterprises attended sessions conducted by the world's leading ... More

TELECOMMUNICATIONS

Mahajan call ends interconnect row
IN an end to the weeklong impasse that haunted the telecom sector, the private cellular operators have softened their belligerent attitude towards the Telecom Regulatory Authority of India (TRAI) and will be withdrawing their petition filed in ... More

Limited mobility hearing adjourned
THE Telecom Dispute Settlement Appellate Tribunal (TDSAT) has tentatively scheduled further hearing on the limited mobility case, which was referred to it by the Supreme Court for February 24. Meanwhile, it also adjourned its hearing on a ... More

Bharti Tele cuts cash loss in third quarter
BHARTI TeleVentures Ltd has achieved "near break-even" with cash losses in the third quarter ending December 2002 down to just Rs 7 crore compared to Rs 129 crore in the second quarter this fiscal. According to an official statement, the ... More

Spice Telecom to invest Rs 75 cr in Karnataka circle
SPICE Telecom is planning to invest Rs 75 crore to support its operations in the Karnataka cellular circle this year. This marks a significant increase over last year's investment pegged at around Rs 50 crore. Speaking to Business ... More

Mahajan pats pvt telecom players
THE Union Communications Minister, Mr Pramod Mahajan, has complimented the private telecom sector for having ushered in a revolution over the past few years without taking a single paise from the Government. "The investment in this sector came ... More

Spice Telecom to invest Rs 75 cr in Karnataka
The proposed investment over the course of the current calendar year would go to meet the demands of market operations as well as technology enhancements. More

New service from Bharti

SOFTWARE

Four Soft bags Malaysian order
FOUR Soft and Century Logistics have announced that the Malaysian freight company, the Century Group, has selected Four Soft Supply-SP product as a platform to build their global supply chain management services business. The Managing Director ... More

Aztec reports Rs 28-lakh net loss in Q3
AZTEC Software and Technology Services, the Bangalore-based software services company, has reported a net loss of Rs 27.8 lakh on a turnover of Rs 11.62 crore for the third quarter ended December 31, 2002. This compares with a net profit of Rs ... More

Nasscom to promote expertise in products space
IN a bid to promote India's expertise in the software products space, the Nasscom Product Forum has outlined a key action plan and defined three core groups to provide specific impetus to embedded products, enterprise products and shrink wrapped ... More

Subex Q3 net up 2.3 pc
BANGALORE: Subex Systems Ltd, the Bangalore-based telecom software company has said its net profit and revenues for the third quarter ended December 31, 2002 grew by 2.3 per cent and 15.2 per cent respectively over the corresponding ... More

VisualSoft EGM on Feb 14

HUMAN RESOURCES

Satyam centre for families of staff
HYDERABAD: Satyam Computer Services Ltd, the end-to-end software services provider, has announced its plans to establish a learning centre for the families of Satyamites, which is being developed as part of its innovative HR ... More

MERGERS & ACQUISITIONS

GTL board meet to discuss buys
THE board of directors of GTL (earlier Global Tele-systems Ltd) will be considering proposals related to acquisitions at its meeting scheduled for January 27, 2003. The company disclosed this in a notice to the stock exchanges on Monday. The ... More

Logica, CMG merge
BANGALORE: Logica, the global IT solutions company, and CMG, the international services and solutions group, have merged to form LogicaCMG. The merger creates the No.2 European-quoted IT services company, and a global force in ... More

E-GOVERNANCE

Performance indicators are ideal monitoring mechanism: Naidu
WHILE emphasising the need to leverage technology to bring in efficiencies, the Chief Minister, Mr N. Chandrababu Naidu, has said that more Government officials have to adapt to the online performance tracking system. Holding a detailed ... More

RIGHTS ISSUES

Cybermate rights at par
HYDERABAD: Cybermate Infotek Ltd has decided to revise its rights issue price by offering shares at par instead of at a premium of Rs 2.50 keeping in view the current market conditions. The board of directors, which met here recently, ... More

TRENDS

China more a market than rival: Gartner
The growth of IT and communication products and services in the Asia-Pacific region would almost double from 5.8 per cent in 2002 to 10 per cent in the current year, the research firm projected. More

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