Financial Daily from THE HINDU group of publications
Wednesday, April 23, 2003
Markets (April 22)
BL 2501014.05 (-2.48)
BSE Sensex2985.54 (-11.43)
S&P CNX Nifty943.50 (-3.70)
Dollar (Buy/Sell)47.30/47.32
Gold Std (10 gm)5270 (+80)

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TELECOMMUNICATIONS


`Junk calls' leave mobile subscribers seething
IF you are a mobile subscriber, looking forward to the "free-incoming calls regime" starting May 1, here is some bad news. Even though incoming calls will be no longer be billed for airtime, your blood is likely to boil every time you receive a ... More

Idea gets a lakh users in a month in Delhi
IDEA Cellular Ltd, which launched its mobile telephony services as the fourth operator in Delhi, has acquired 50 per cent of the total subscriber additions (1.65 lakh out of a total of 3.30 lakh) since its launch in November. While adding ... More

STOCKS


NSE removes VSNL from F&O list
THE National Stock Exchange (NSE) has removed Videsh Sanchar Nigam Ltd (VSNL) stock from the list of eligible securities for Futures & Options trading. It was removed from the F&O list as the stock failed to meet the SEBI eligibility criteria ... More

DSQ price manipulation: SEBI debars entities
THE Securities and Exchange Board of India (SEBI) has debarred various entities from capital markets for the manipulation of DSQ Biotech Ltd's share price. The regulator has debarred the company's promoter Mr Dinesh Dalmia and Pillaiyar ... More

FINANCIAL PERFORMANCE


Geometric net up 27 pc in Q4
GEOMETRIC Software Solutions has recorded a 27.8 per cent increase in net profit, at Rs 4.8 crore, for the quarter ended March 31, 2003, over the Rs 3.75 crore recorded during the corresponding quarter of the previous year. The company's growth ... More

Hexaware Q1 net up 31 pc
HEXAWARE Technologies has recorded consolidated revenues of Rs 66.69 crore in the first quarter ended March 31, 2003. This represented a 31 per cent jump on revenues of Rs 50.91 crore posted in the first quarter of 2002. The consolidated net ... More

SOFTWARE


IBS wins software contract from SITA
IBS Software Services, the Technopark-based provider of product and development services to the travel, transport and logistics (TTL) sector worldwide, has signed an agreement to deliver development services to the Atlanta-based SITA, formerly ... More

IT TRAINING


Aptech lines up vacation specials
APTECH Education has announced a host of vacation courses for various age groups. Titled Whiz Kids, Wonder Teen, and Web Wizard, these courses are designed as per the intelligence levels of various age groups, and help introduce computer ... More

HUMAN RESOURCES


Cognizant plans to hire 2,000 more
The Chairman and CEO, Mr Kumar Mahadeva, said "We had not had any clients renegotiating rates with us. So our average pricing remains pretty constant." More

ON-SITE DEVELOPMENT


KPIT to shift onsite work to here — Looks to more assignments from Cummins
KPIT Cummins Infosystems Ltd plans to hire 250 engineers this year, which will take its overall strength to about 800, even as it plans to move a portion of its onsite engagements to its offshore development centres in India. According to Mr ... More
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Top Stories
Investment proposals in Karnataka worth Rs 3,620.33 cr approved — TVS Motor, Infosys, Intel figure in list


Rs 90,178-cr tax arrears uncollected as on March '02

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Bt cotton fiasco: A scientific fairytale

Halt rubber exports now: Tyre cos

Mutual funds face heavy withdrawals in March

Forests speak even in a concrete jungle

In Focus
Run-up to Budget
Kelkar Report
Bottled water: How safe is it?
Telecom Competition
Oil PSUs: Disinvestment dilemma
Housing Fin. rate war: Bonanza for consumers!
NPAs in Banking
Truckers' Strike
In Depth
Simple Economics
Consumer Notes
Tax Talk
The Brahmananda collections
NRIs & Investment Avenues
Corporate Governance
Gold: Still the winner?
Cars: Always a beauty
Railway Budget
Budget 2003-04
Books and Reviews
Looking back
Apr. 13-Apr. 19
VSNL volumes unchanged

Cellular base doubles

New IUC regime may trim BSNL income by Rs 500 cr

ISD grey market thriving unhindered

India irked at `protectionist' US law on IT outsourcing

`Outsourcing? Yes, jobs here, big gains to cos there'


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