Financial Daily from THE HINDU group of publications
Saturday, July 19, 2003
Markets (July 18)
BL 2501293.42 (-15.05)
BSE Sensex3647.58 (-21.33)
S&P CNX Nifty1140 (-12)
US Dollar (Buy/Sell)46.22 (46.34)
Gold Std (10 gm)5270 (-10)

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TRAI firm on putting single licence in place
THE Telecom Regulatory Authority of India (TRAI) is determined to finalise its recommendations on the unified licence regime after hearing out all stakeholders by the end of August, despite voices being raised against it by private cellular ... More

Mobile players must focus on data usage: Gartner
GARTNER has cautioned mobile operators against the increasing commoditisation of voice services and dipping ARPUs (Average Revenue Per User) and said mobile data usage could be the way forward for growth in revenues. Indian cellular revenue is ... More

FIPB allows Motorola to market products
THE Foreign Investment Promotion Board (FIPB) has cleared Motorola's long-pending application to undertake wholesale marketing and cash and carry stocking and sale of goods, imported in accordance with the current import/export policy. These ... More

  • BPL moves towards UMS

    FINANCIAL PERFORMANCE


    Macromedia Digital to expand operations
    MACROMEDIA Digital Imaging, a Hyderabad-based firm addressing the digital printing and the outdoor industry signages, has commissioned its third new Scitex Vision printing machine, and is planning to expand operations by locating a major centre ... More

    SOFTWARE


    Wipro Q1 net drops 9 pc sequentially — Growth will continue to be volume-led: Premji
    WIPRO Ltd said its net profit for the April-June quarter of the current financial year dropped nine per cent sequentially over a three per cent slide in revenues. The net profit stood at Rs 206 crore (Rs 225.4 crore in Q4 2002) over revenues ... More

    Wipro sees pressure on margins easing
    WIPRO Ltd has said the rate of slippage of operating margins is seen stabilising even as it reported a 2.3 per cent sequential margins contraction in April-June, the first quarter of the current financial year. Operating margin was at 22.2 per ... More

    REI launches software for highway projects
    RESEARCH Engineers International (REI), a division of Nasdaq-listed netGuru Inc., of US, on Friday launched its Highway Engineering and Design System ( REI HEADS), a broad spectrum software solution package in the field of roads, highways, ... More

    Pricing pressure, higher costs tell on Wipro
    STEADY margin erosion continued to be the theme that underlined the earnings performance of Wipro Technologies, the Global IT Services and Products division of the diversified Wipro in the first quarter ended June 30, 2003. Despite registering ... More

    TCS leads in software export: Nasscom
    TATA Consultancy Services (TCS), with annual revenues of Rs 4,545 crore, is the largest software exporter in India, followed by Infosys Technologies and Wipro Technologies, according to Nasscom (National Association for Software and Services ... More

    Polaris, NEC system for Japan bank
    POLARIS Software Lab and NEC Corporation have announced the successful deployment of NEC's Global Banking System (GBS) product at the Yachiyo Bank, Japan. NEC has committed eight more deployments of the GBS wherein Polaris would continue to play ... More

    3 new solutions from Tata Tele, Avaya
    TATA Telecom Ltd and US-based Avaya have launched three new solutions that would help companies in Asia-Pacific to optimise business continuity, maximise security and speed up recovery of networks and communication applications in the event of a ... More

    Geometric draws up expansion plans
    GEOMETRIC Software Solutions Ltd, a product lifecycle management (PLM) solutions provider for the global mechanical design, manufacturing and industrial market, has drawn up plans to expand its operations that includes a Rs 20-crore development ... More

    IT TRAINING


    Arena Multimedia to open more centres in AP
    WITH employment opportunities opening up and interest on multimedia courses growing, Arena Multimedia, an arm of APTech Ltd, is planning to open training centres at all the district headquarters in Andhra Pradesh, as part of its plan to achieve a ... More

    ALLIANCES & JOINT VENTURES


    Covansys in pact with PCC for poll software
    COVANSYS Corporation, a global consulting and technology services company, has announced that it has formed a strategic partnership with PCC Technology Group (PCC), a provider of elections management solutions. PCC, which provides election ... More

    Dalvi ties up with RPG Netcom for set-top boxes
    DALVI Technology Ltd Uk (DTL) has tied up with Deltron India for manufacturing set-top boxes required for the rollout of conditional access system in India, the DTL Director, Mr Richard Chamberlain, said. Addressing a joint press conference ... More

    NEW PRODUCTS & SERVICES


    Hutch introduces 3 new schemes
    HUTCHISON Essar South Ltd, one of the cellular operators in Chennai, has introduced three schemes, two for its pre-paid subscribers and the other common to both pre-paid and post-paid customers. One of the schemes for pre-paid customers is the ... More

    Airtel's gesture
    BANGALORE: Airtel has launched a new tariff plan for the hearing impaired with SMS only cards. Bharti Mobile's Chief Executive Officer for south central region, Mr Jagdish Kini, told a news conference that the new plan allows the ... More


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    FICCI calls for review of new Companies Bill

    BSE to place 2,260 scrips on IndoNext

    TCS leads in software export: Nasscom

    Sensex to go free-float way

    India's exports in 2002-03 grow 19.18 pc

    IOB net up 90 pc in Q1 — AGM okays fresh issue of shares

    In Focus
    The Cable tangle
    Pakistan Diary
    Indo-Pak Monitor
    Indo-China Relations
    Telecom Competition

    In Depth
    In Kashmir
    Simple Economics
    Slowburn
    Tax Talk
    NRIs & Investment Avenues
    Corporate Governance

    Looking back
    Jul. 6-Jul. 12
    Web hacking contest puts firms on guard

    Software cos see volume growth in Q1

    Tata Tele, Reliance at war over `unfair' offers

    Statutory status to universal service fund — Cabinet may take up Telegraph Act changes

    Cabinet will decide on telecom FDI: Shourie

    BPO income seen at $13.8 b in 2007

    Infosys projects may lose Rs 100 cr on strong rupee

    Infosys: Revenue growth to the fore

    PC sales up 37% in 2002-03 — Class B, C cities post 63 pc growth


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