Financial Daily from THE HINDU group of publications
Wednesday, June 04, 2003
Markets (June 3)
BL 2501174.23 (-0.90)
BSE Sensex3181.97 (-24.41)
S&P CNX Nifty1010.65 (-4.50)
Dollar (Buy/Sell)46.94/47.08
Gold Std (10 gm)5655 (+20)

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OUTSOURCING


GE volumes to software vendors seen growing
THE business volumes to Indian software vendors from GE are likely to grow in the current financial year even as GE caps its software outsourcing to local vendors at $400 million. GE, which is betting heavily on China for its outsourcing ... More

AWARDS & HONOURS


  • Polaris product wins award

    TELECOMMUNICATIONS


    BSNL looking at mobile handsets assembling
    EVEN as Bharat Sanchar Nigam Ltd (BSNL) is confident of becoming the single largest cellular operator by end-June, it is also examining the feasibility of assembling mobile handsets at its existing telecom factories spread across the ... More

    TRAI kicks off IUC review
    THE review process of the interconnection usage charge (IUC) regime was kicked off on Tuesday with a meeting between the Telecom Regulatory Authority of India (TRAI) and the industry representatives. However, the private operators were left ... More

    SOFTWARE


    Software exports up 26% in 2002-03
    SOFTWARE and service exports from India during 2002-03 grew by 26.3 per cent (in rupee terms) to Rs 46,100 crore compared to Rs 36,500 crore in the previous year, according to the National Association of Software and Service Companies ... More

    TCS tool for Union Bank
    IN what will be the first human resources management project implemented by it for a public sector bank, Tata Consultancy Services (TCS), along with Peoplesoft Solutions, will implement an end-to-end, integrated HRMS and payroll solution for ... More

    Karnataka leads in software exports
    KARNATAKA continues to be the largest software exporting State in the country, having raked in Rs 12,350 crore during 2002-03, according to data released by Software Technology Parks of India (STPI). Software exports from STPI units in ... More

  • BPL to use SAS retention solutions

    INTERNET


    `Internet to play key role in recruitment'
    "TREAT employees like gold so that they treat your consumers like gold,'' said Mr Jeff Taylor, Founder and Chairman of Monster. "This becomes relevant in the new scenario when consumers are in control." Mr Taylor was speaking on `Global Trends ... More

    MERGERS & ACQUISITIONS


    Investment group to buy BaaN from Invensys
    The group, which owns SSA Global Technologies, intends to combine BaaN with SSA GT, a provider of enterprise solutions for process and discrete manufacturing. More

    PEOPLE


  • New member on MosChip board

    NEW PRODUCTS & SERVICES


    D-Link unveils high-end products
    D-LINK (India) Ltd has launched a new range of high-end networking products with an estimated market potential of Rs 700 crore. They will cater to the needs of large enterprise and carrier class service providers and include metro access routers, ... More
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    Ministry cool to banks' plea — G-secs buyback gains not into IFR kitty


    Monsoon may set in around June 8-10 — Further advance likely to be delayed

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    Software exports up 26% in 2002-03

    Exposure Draft on accounting standards for Govts — `Treat letter of comfort as implicit guarantee'

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    In Focus
    SARS scare
    The Cable tangle
    Pakistan Diary
    Indo-Pak Monitor
    Indo-China Relations
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    NPAs in Banking
    In Depth
    Simple Economics
    Consumer Notes
    Tax Talk
    The Brahmananda collection
    NRIs & Investment Avenues
    Corporate Governance
    Gold: Still the winner?
    Cars: Always a beauty
    Books and Reviews
    Looking back
    May. 25-May. 31
    `Jt ventures, preferred option in BPO segment'

    `Software cos must tap new areas to grow'

    FII pie up, public stake down in top IT cos

    ICICI Info's Newton takes off here with LVB

    Software sector must move up value chain, says Kalam

    Cell-to-cell STD calls at 50 paise


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