The Hindu Business Line : Wednesday, February 05, 2003

SEC mulls `expensing stock options' mandatory — Infy, Wipro bottomline may take a hit
While such a practice will bring down the profits, there will be no cash outflow though EPS could be affected which in turn could influence the stock prices in the short term, according to analysts. More

STORAGE

`Take the magic to the masses'
This entrepreneur has entered the Silicon Valley Hall of Fame and his mantra is simple: Take technology to the people. More

OUTSOURCING

Nasscom keen to avoid TU backlash
"I think Europe poses a greater problem in this regard compared to America which is a relatively open market.'' More

TELECOMMUNICATIONS

Telecom PSUs back on divestment board
AFTER months of uncertainty, the disinvestment proposals of telecom behemoths Mahanagar Telephone Nigam Ltd (MTNL) and Bharat Sanchar Nigam Ltd (BSNL) are finally being dusted and updated. In a clear signal that the merger between the two ... More

Bharti ties up $315-m loan for expansion
IN what is perhaps a telling sign of faith still reposed in the cellular industry, limited mobility notwithstanding, Bharti Tele-Ventures Ltd has raised $ 315 million (around Rs 1,500 crore) in international funding at an overall cost of ... More

`Cellular tones louder in 2002'
WHAT do Reliance, Hutch, Tata and Bharti have in common? All these players are vying to compete with each other to capture the numero uno slot in the rapidly changing cellular market. The domestic industry seems to have come of age, showing ... More

BSNL phone-plus facilities are free

STOCKS

Mid-size software cos sizzle in stock market
MID-SIZE software companies have outperformed larger companies in the stock market in the last year. For instance, the market return of Mphasis BFL in the last year saw a whopping 64 per cent growth, while Infosys registered only 13.8 per cent ... More

EDUCATION

Govt ropes in Sylvan Network of US to set up modern campus
AFTER successfully setting up the Indian School of Business (ISB) and International Institute of Information Technology (IIIT) in alliance with global majors, the Andhra Pradesh Government has now roped in the US-based leading network of global ... More

IT TRAINING

NIIT buys e-Gurucool
COMPUTER education major, NIIT, today said it has taken over the content, technology and brand of e-Gurucool, a provider of e-learning for schools. An NIIT spokesman said NIIT paid about Rs one crore to acquire 1,500 hours of digital content, ... More

HUMAN RESOURCES

Significant rise in staff cost for IT cos
STAFF cost for many IT companies in the country increased significantly between December 2001 quarter and December 2002 quarter. However, on a sequential basis some companies reduced staff cost during December 2002 quarter compared to September ... More

ALLIANCES & JOINT VENTURES

Hexaware signs pact with Temenos
CHENNAI: Hexaware Technologies on Tuesday signed a long-term strategic alliance with Temenos, provider of banking products and software systems. The alliance brings together the competencies of Temenos in product development and ... More

Allsec joins hands with Star
CHENNAI: The city-based Allsec Technologies has forged a strategic alliance with Star Contact Ltd, a call centre in Panama City to provide disaster recovery and business continuity. Allsec would offer response management in both ... More

ENTERPRISE RESOURCE PLANNING

Wipro Kolkata centre to handle software, ITES
LIKE all other Wipro centres in India, the latest one in Kolkata will also house its two basic activities, software development and IT-enabled services (ITES). According to Mr Sudip Banerjee, President - Enterprise Solutions of Wipro ... More

ISPS

VoIP networks set to oust Net telephony
THE Internet telephony, which took off with a bang in April last year after the Government made the service legal, is unlikely to survive for long. The international long distance (ILD) operators are fast deploying their voice over Internet ... More

NEW PRODUCTS & SERVICES

Spectrum adds new feature
BANGALORE: Spectrum Software Inc., Atlanta-based systems designer and developer of software productivity tools, has announced the addition of SpectrumSCM API, a powerful new feature set within SpectrumSCMÒ, its enterprise source ... More

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