The Hindu Business Line : Thursday, April 24, 2003

BPO wave takes Karnataka IT exports up 28 pc
RIDING high on the strong business process outsourcing (BPO) wave, IT exports from Karnataka have registered a 28 per cent growth to touch Rs 13,754 crore for 2002-03, even as the country's technology capital, Bangalore, continued to attract ... More

TELECOMMUNICATIONS

Three cell players seek TRAI nod for new STD rates
PRIVATE cellular operators Bharti, Hutch and Idea Cellular have requested the Telecom Regulatory Authority of India (TRAI) to allow them to offer lower airtime rates (of 50 paise per minute) on mobile-to-mobile STD calls. Reacting to a letter ... More

Telecom tribunal adjourns WLL case to April 28
THE Telecom Dispute Settlement Appellate Tribunal (TDSAT) has adjourned the hearing on the limited mobility (WLL) case to April 28, seeking to provide a level playing field to cellular operators. This adjournment has been done on account of the ... More

Reliance Info capex at Rs 1,500 cr
RELIANCE Infocomm's capex for the current year is Rs 1,500 crore, according to Mr Anil Ambani, Vice-Chairman and MD, Reliance Industries Ltd, who outlined the group's capex plans for the year after announcing RIL's annual results here ... More

`Hutch to Hutch' offer

STOCKS

FIIs holding in Moser-Baer up 4%
FOREIGN institutional investors' (FIIs) stake in data-storage company Moser-Baer India Ltd (MBIL) has increased by 4.12 per cent during the quarter ended March 31, 2003 with the company riding on a series of positive developments in the past ... More

FINANCIAL PERFORMANCE

Moser-Baer net up 14%; guidance at 30 pc
"While in the near term, strong demand for optical media and firm prices continue to be the positive influences on the industry, a sustained appreciation of the rupee will have a negative influence on our business," said Mr Rakesh Govil, Head Corpora te Strategy and Treasury. More

Bharti Tele posts Q4 profit; annual losses up
BHARTI Tele-Ventures Ltd. has swung into profit in the fourth quarter of fiscal 2002-03, registering a net profit of Rs 25.57 crore, as against a loss of Rs 63.92 crore in the corresponding period in the previous year, even as its annual losses ... More

HARDWARE

Supercomputing centre buys SGI Altix system
THE Supercomputing Education Research Centre (SERC), a centre for high performance computing at the Indian Institute of Science (IISc), has acquired SGI Altix 3000 system. It provides a powerful supercomputing resource for researchers in ... More

SOFTWARE

Bangalore continues to attract BPO, ITES firms
"BPO and ITES exports from Bangalore accounted for nearly eight per cent of the total IT exports from the State during 2002-03, as against five per cent in the previous year." More

Computer Associates bullish
AT a time when disaster recovery and storage management have assumed new meaning for enterprises globally, Computer Associates International Inc., US-based global e-business solutions provider, is bullish on the storage business. It is targeting ... More

Logix pact with Yahoo! auto unit

E-GOVERNANCE

STPI Bangalore working on computerising check posts
THE Software Technology Parks of India, Bangalore, (STPI-B) is playing a key role in implementing the e-governance initiatives of the Karnataka Government, Mr B. Mahesh, Joint Director, STPI-B, today said. STPI, which helped the State ... More

PIRACY

Curbing software piracy propels growth: Study
INDIA can create 50,000 more high technology jobs, add $2.1 billion to its economy and boost software industry's revenue by over $1.6 billion if the country brings down software piracy rate to 60 per cent by 2006 from the current 70 per cent, a ... More

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