Financial Daily from THE HINDU group of publications
Saturday, June 14, 2003
Markets (June 13)
BL 2501211 (+5.34)
BSE Sensex3354.14 (+16.84)
S&P CNX Nifty1056.20 (+4.90)
Dollar (Buy/Sell)46.70/46.83
Gold Std (10 gm)5470 (-5)

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INFO-TECH

OUTSOURCING


BPO market would grow 10.5 pc, says study
CONTINUING difficult economic times are leading enterprises in the developed countries to look to Business Process Outsourcing (BPO) as a tool to save costs and provide strategic review of many of their activities. A Gartner report notes that ... More

Vertex, Furukawa in pact for IT outsourcing
THE Pune-based Vertex Software Pvt Ltd, a 100-per cent export-oriented software company, on Friday announced a strategic alliance with Furukawa Information Technology Corporation (FITEC), Japan, to provide IT outsourcing services. Talking to ... More

TELECOMMUNICATIONS


AirTel to invest Rs 137 cr in AP
CELLULAR phone tariff rates have bottomed out and they can only go up, and, in fact, there is likely to be a hike in the near future, Mr K. Srinivas, Chief Operating Officer, Andhra Pradesh, AirTel, has opined. At a press meet here, he said ... More

Tata Teleservices announces new scheme
TATA Teleservices Ltd (TTSL) has announced an offer which enables its customers to own a mobile phone and a connection for Rs 999. The offer is on for a limited period and will be available in the circles of Tamil Nadu, Karnataka, Gujarat, ... More

HARDWARE


Singapore co to hawk MPEG-4 set-top boxes
DG2L Technologies Pte Ltd, a Singapore-based company with business development offices in the US, manufacturing operations in Taiwan and R&D laboratories in India, has said it will partner select companies in India to provide MPEG-4-based ... More

D-Link planning motherboard unit
D-LINK (India) Ltd, a networking solutions provider and a manufacturer of networking products and peripherals, has announced its plans to establish a new assembly line for motherboards in Goa in a strategic arrangement with the Taiwan-based ... More

SOFTWARE


Kalam calls for mega initiatives in IT sector
THE President, Dr A.P.J. Abdul Kalam, has called upon governments, industry and academia to outline a roadmap for increasing the domestic IT segment through strong and sustainable use of IT for education, healthcare and e-Governance. Giving ... More

`Indian 5 catching up with top global firms'
THE gap is narrowing between the global top four and the Indian top five IT firms. This is one of the macro trends visible currently. An aggressive push by global majors to set up offshore centres, focus on delivering business value as a key ... More

Amadeus move to bundle electronic visa services
`Once a traveller makes a booking, there would be no need to hold a ticket in physical form. He will just have to go to the airport and collect his boarding pass and embark on the journey.' More

Weal Info mulls $10-m global offering
In view of these plans, the WIL board has recently approved a resolution to raise funds to the tune of $10 million or equivalent in Indian or other currencies with permissible green shoe option. More

Intelligroup solution for Saudi firm
INTELLIGROUP Asia, a wholly-owned subsidiary of Intelligroup, Inc has announced that Saudi International Petrochemical Company (SIPC) has chosen Intelligroup to provide a customised mySAP solution that will integrate and automate the company's ... More

Vanenberg to offer Cordys enterprise suite
VANENBURG Asia, the sales and marketing arm of the Netherlands-based Vanenburg Group, has announced its debut in Asia with Cordys Collaboration Suite that leverages the combined functionality of Web services-based application development platform ... More

  • ESS acquires 250th customer
  • Magnaquest bags Manthan order

    INTERNET


  • Consumer commission Web site

    IT TRAINING


    NIIT expands N-E presence
    KOLKATA: NIIT Ltd has expanded its footprint in the North-East. From three education centres four years ago, the number of NIIT education centres in the seven North-Eastern `sisters' and Sikkim has gone up to 52 at present. The IT ... More

    HUMAN RESOURCES


    NIIT's Time Machine to recruit online
    PLANETWORKZ, a NIIT subsidiary focussed on training skills for the IT-enabled services sector, has come out with `Time Machine,' an online-recruitment kiosk to source employable talent for the industry. Through Time Machine, NIIT Planetworkz ... More

    MERGERS & ACQUISITIONS


    Infinite looking at buys in BPO space — Targets $70-m revenue in 2003-04
    INFINITE Computer Solutions has said it is looking at acquiring companies in the IT services and BPO space in the next 12 months. "We are in talks with several companies, predominantly in India as well as in Singapore and the US for ... More

  • Soffia board nod to buy SolutionNet

    ALLIANCES & JOINT VENTURES


    SafeScrypt, ELCOT in pact for digital trust services
    SAFESCRYPT Limited, a 100 per cent subsidiary of Sify Ltd, and the country's first Licensed Certifying Authority, has tied up with Electronics Corporation of Tamil Nadu Limited (ELCOT), to provide its clients with digital trust services and ... More

    EVENTS


    NASSCOM ITES-BPO STRATEGY SUMMIT 2003
    `Indian cos must focus on domain knowledge'
    DEALS totalling hundreds of millions of dollars are being negotiated by frontline Indian ITES-BPO companies, according to Mr Jose E. V. Cunningham, Chief Marketing Officer, Shaw Pittman, the US-based outsourcing advisory law firm. "We expect ... More

    IT-ENABLED SERVICES


    Call centres favour talent from NE States
    CALL centre companies, for whom finding employable talent is a key challenge, have spotted a gold mine in the North Eastern States. The North East, which has a good base of English speaking populace, is emerging as a key area for captive talent ... More

    STANDARDS & BENCHMARKS


  • Ram Info gets SEI-CMM award

    PEOPLE


    Mahindra British Telecom eyes consultancy space — Hires big names as directors
    MAHINDRA British Telecom has been adding on an impressive series of big names to its directorial line-up, in addition to aggressively concentrating on the telecom industry; its aspiration is to change itself into a global consultancy with a ... More
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    In Focus
    SARS scare
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    Pakistan Diary
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    Indo-China Relations
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    NPAs in Banking
    In Depth
    Simple Economics
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    The Brahmananda collection
    NRIs & Investment Avenues
    Corporate Governance
    Gold: Still the winner?
    Cars: Always a beauty
    Books and Reviews
    Looking back
    Jun. 1-Jun. 7
    Big gains in Europe, but US is still mainstay for software cos

    Wanna work? Take this test!

    Software exports up 26% in 2002-03

    Policing the cyber world is no mean task

    Notebooks sales up 71 pc in Jan-March

    IT-enabled services lead Q1 recruitment

    It's money that's calling: Study

    Strong euro spells gains for BPO sector


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