The Hindu Business Line : Saturday, January 25, 2003

Patni Computer plans $20-m expansion
PATNI Computer Systems Ltd is planning to invest $20 million on its expansion plans during the current calendar year. These would include investments in its newly set-up facility in Greater Noida, business process outsourcing unit (BPO) in Pune ... More

TELECOMMUNICATIONS

HFCL holders convert big portion of GDRs
INVESTORS in the Global Depository Receipts (GDRs) of Himachal Futuristic Communications Ltd (HFCL) do not believe in investing for the long haul. Within a few weeks of subscribing to the company's GDRs, the holders have converted a major ... More

Data Access willing to buy out foreign partner
EVEN as a majority of the private telecom operators in the country are clamouring for a hike in foreign direct investment (FDI) limit to consolidate their operations, Data Access (India) Ltd is gearing up to do just the opposite. The ... More

TRAI to put out new interconnect charges today
THE much-awaited regulation on interconnection usage charges (IUC) and basic services tariffs, which had rocked the telecom sector over the past two weeks, is finally due to be announced by the Telecom Regulatory Authority of India (TRAI) ... More

BSNL Maharashtra circle revenue remains stagnant
IN keeping with the distinct pattern that has emerged for BSNL across the country, the Maharashtra circle too has reported only a marginal increase in revenues on account of declining average revenue per user (ARPU), despite addition of 1.36 lakh ... More

Rethink on long-distance plans likely
THE dramatic fall in national long-distance tariffs, the war having been started by Reliance and cellular operators, is forcing VSNL to do a rethink on its national long-distance telephony plans. "We have started services in a small way in ... More

Qualcomm yet to pick up stake in Reliance Info
EXACTLY a year after announcing that it would pump in $200 million to pick up 4 per cent equity stake in Reliance Infocomm, the US-based pioneer of CDMA technology, Qualcomm Inc, is yet to make the strategic investment. This was disclosed by ... More

Rise in BPL M2M usage

FINANCIAL PERFORMANCE

Squeeze in income tells on VSNL net
THE tariff trends in the telecom market have significantly dragged on the bottomline of Videsh Sanchar Nigam Ltd, whose net profit has fallen a hefty 77 per cent, year on year, for the quarter ended December 31, 2002. Net profit for the quarter ... More

`Solutions' lifts VisualSoft net
VISUALSOFT Technologies Ltd has recorded 24.9 per cent growth in revenues and 51.09 per cent in net profits during the quarter ended December 31, 2002, in comparison to the corresponding quarter last year. The company's income stood at Rs 32.36 ... More

NIIT net up 55 pc on strong orders
COMPUTER education and software major, NIIT Ltd., today said its net profit for the quarter ended December 2002 increased by 55 per cent year-on-year to Rs 5.4 crore from Rs 3.5 crore in the same period last year. Net revenues of NIIT stood at ... More

SOFTWARE

Wilco centre to handle more business of ADP
WILCO International Systems, part of the $7-billion Advanced Data Processing Inc, is bullish on its India development centre and plans to strengthen research and development (R&D), back-end and remote process outsourcing facilities. The ... More

AP, Korean agency ink pact on software projects
THE Andhra Pradesh Government and Gwangju Information and Culture Industry Promotion Agency (GICIPA), Korea have signed a memorandum of understanding (MoU) for cooperation in nine broad areas. Some of these include, hardware technology (chip ... More

ALLIANCES & JOINT VENTURES

MsourcE allies with Accenture
MPHASIS BFL Ltd has informed the Bombay Stock Exchange that its subsidiary MsourcE, which provides call centre services in India, and Accenture, the leading management consulting and technology services company, have agreed to work together in ... More

SECURITY

`Hackers are trouble-shooters'
HACKERS or crackers? In the world of computers these are much mixed-up words with scary connotations to the common man. The simple difference is that hackers are good guys while crackers are bad guys. This one is from Mr Ankit Fadia, an ethical ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Top Stories
Baleno, Versa made cheaper by a lakh

Data Access willing to buy out foreign partner

Vision 2020 paints perfect India

The Tenth Plan papers — Will laudable goals get the right push?

In Focus
Kelkar Report

Telecom Competition

Oil PSUs: Disinvestment dilemma

NPAs in Banking

In Depth
Gender Justice

Simple Economics