The Hindu Business Line : Tuesday, March 04, 2003

Telecom talks inconclusive — Meeting again on March 13
THE telecom committee constituted by the Communications Minister, Mr Arun Shourie, which met here today to solve the contentious issues between the cellular and limited mobility operators, failed to arrive at a consensus. It will be meeting again ... More

BSNL slashes landline STD rates by 47%
BHARAT Sanchar Nigam Ltd (BSNL) has slashed its landline STD rates by close to 47 per cent, bringing them on par with mobile-to-mobile STD rates. Starting March 7, national long-distance calls beyond 500 km will be charged at a flat rate of Rs ... More

Essar Tele to sell Hutch pre-paids at Fortune outlets
ESSAR Teleholdings, which recently entered the field of computer lottery, intends to use its Fortune computer lottery retail outlets to sell pre-paid cards of the Hutchison group. "A connected retail network infrastructure would allow us to do ... More

BUDGET

`Budget will boost IT exports'
THE information technology industry is upbeat about the Budget for 2003-04. Most IT scrips posted gains after the Finance Minister announced that tax exemptions under the sections 10 (A) and 10 (B) would continue. Mr Ravi Pandit, Chairman, ... More

SOFTWARE

Krishna upbeat on software exports
BANGALORE: Software exports from the State are likely to surpass Rs 13,000 crore for fiscal 2003. This will be 25 per cent higher than the previous fiscal year, according to the Chief Minister, Mr S.M. Krishna. Karnataka ... More

Blue Star bags Rs 22-cr order from York Intl
BLUE Star Infotech Ltd (BSIL) today announced that it had won Rs 22-crore software development order from the US-based York International Corporation. According to a company release, as per the deal, Blue Star will develop a complex, decision ... More

HMAStar switching solution for DCB
THE Chennai-based retail banking software solutions company - HMA STARware Ltd (HMAS) has bagged an order (for building a robust switching infrastructure) from Development Credit Bank Ltd. HMAS, according to its Chairman and Managing Director, ... More

KwickTel pact with HPCL
CHENNAI: The Chennai-based KwickTel Communications has forged an alliance with Hindustan Petroleum Corporation Ltd (HPCL) to launch a vehicle tracking system. The system would provide vehicle operators information about the status and ... More

MERGERS & ACQUISITIONS

Sowbhaghya to merge with Nexgen
HYDERABAD: The board of directors of Sowbhaghya Exports Ltd has approved a proposal to merge the company with Nexgen Technologies Ltd. The company obtained the orders from the AP High Court directing it to convene an extraordinary ... More

SECURITY

Oracle security product under beta testing
THE fast pace of global changes has brought several challenges in the electronic space where security has become a matter of culture war. This is no longer a single time fix but needs constant attention, according to Ms. Mary Ann Davidson, ... More

EVENTS

Looking back

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