Financial Daily from THE HINDU group of publications
Saturday, May 10, 2003
Markets (May 09)
BL 2501027.68 (-1.42)
BSE Sensex2950 (-11.60)
S&P CNX Nifty937.85 (-3.70)
Dollar (Buy/Sell)47.14/47.27
Gold Std (10 gm)5450 (+85)

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PM may decide on BSNL tariff
WITH politicians cutting across party lines creating a furore in Parliament over the hike in landline-to-mobile charges from the networks of Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), the Prime Minister, Mr Atal ... More

MTNL plans to create alternative revenue source — Powai centre to be redone
MAHANAGAR Telephone Nigam Ltd is planning to create alternative sources of revenue from activities such as call centre services, telecom training and Internet services. The Regional Telecom Training Centre (RTTC) of the company at Powai here ... More

VSNL announces VRS; scheme opens on May 15
VIDESH Sanchar Nigam Ltd (VSNL) today announced a voluntary retirement scheme (VRS) for its employees, which will open on May 15 and close on July 14. This scheme is for employees who have attained 40 years of age and have rendered 10 years of ... More

`Great Escapes': Holiday package for Hutch users
HUTCHISON Telecom East Ltd, Kolkata's cellular services provider under the Hutch brandname, has announced the launch of exclusive holiday packages for its customers. Christened Great Escapes, the holiday packages have been designed to meet ... More

SOFTWARE


Blue Star bets on annuity clients for growth
SOFTWARE solutions provider Blue Star Infotech Ltd, is betting mainly on its annuity contracts to drive its growth during the current fiscal, said the company's Managing Director, Mr Parmod Bhalla, here. The company has about six multi-year ... More

HUMAN RESOURCES


`Minorities lag behind in US hi-tech sector'
ARE racial minorities and women finding the going `not-so-easy' in the US on the job front? An Information Technology Association of America (ITAA) release reveals that racial minorities and women made few inroads into high tech employment ... More

ENTERPRISE RESOURCE PLANNING


Intelligroup Asia completes Asian Paints' job
INTELLIGROUP Asia, a wholly-owned subsidiary of Intelligroup Inc, has announced that it has completed an SAP R/3 enterprise upgrade for Asian Paints (I) Ltd. The new version provides Asian Paints increased flexibility and right integration with ... More

OUTLOOK


Mascot sees growth in offshoring from GE
The company expects its operating margins to improve as more blended rate projects mature and shift offshore and selling and marketing expenditures are rationalised following the integration of e-Jiva. More

Fall seen in IT spend by US securities cos
IT spending in the US securities industry will decline in 2003 for the second year running, representing the first two-year decline in the industry's history, according to a report by Celent, the Boston-based research and consulting company. ... More

ECONOMIC OFFENCES


MD held for `duping' clients
SLEUTHS of the detective department here have downed shutters of the Hyderabad-based Vinsri Infotech Private Ltd, and arrested its Managing Director for allegedly cheating its clients promising them data entry work. The Managing Director of the ... More

NEW PRODUCTS & SERVICES


Simputer hits retail market
THE Simputer made by Bharat Electronics Ltd (BEL) and PicoPeta Simputers has hit the retail market. The retail strategy and positioning are being worked out, BEL said in release. BEL has manufactured and supplied the first batch of 200 ... More
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Apr. 27-May. 3
Nasscom moots visas for onsite assignments

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