Financial Daily from THE HINDU group of publications
Thursday, September 18, 2003
Markets (Sept. 17)
BL 2501513.17 (-30.89)
BSE Sensex4235.35 (-39.40)
S&P CNX Nifty1341.60 (-16.35)
US Dollar (Buy/Sell)45.89/46.02
Gold Std (10 gm)5650 (-20)

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Bollywood trailers for Idea customers
IDEA Cellular customers can now watch the latest Bollywood trailers on their MMS-enabled mobile phones and can also forward videos as messages, according to a release. Available on the handset under the banner of Idea Power Service, the service ... More

STOCKS


Focused buying jacks up Infotech Enterprises
THE Infotech Enterprises stock on Wednesday saw a surge in volume and prices on major bourses on focused buying by a set of investors and operators. The stock closed some 15 per cent higher at Rs 146.35 on the Bombay Stock Exchange with a ... More

HARDWARE


New HP workstation
NEW DELHI: Hewlett-Packard has launched a new version of the H-P workstation zx2000 featuring the new low-voltage Intel Itanium 2 1.0-gigahertz processor with 1.5 megabyte L3 memory cache. The enhanced workstation provides up to 10 per ... More

SOFTWARE


Infosys gets top corporate governance, value creation rating
INFOSYS Technologies has been assigned the highest GVC (governance and value creation) rating of `CRISIL GVC Level 1' by Crisil. The GVC rating indicated that the firm's capability with respect to creating wealth for all its stakeholders while ... More

DRT restrains Pentamedia Graphics
THE Debt Recovery Tribunal I, Chennai, has ordered an interim injunction restraining the Chennai-based Pentamedia Graphics Ltd, from transferring or part with sale proceeds/money of the shares to the extent of Rs 40 crore without the prior ... More

Infotech, Bombardier ink pact
INFOTECH Enterprises Ltd, a Hyderabad-based software and GIS solutions provider, has entered into a long-term agreement with Bombardier Transportation to establish an engineering services unit for the latter and also execute projects in the area ... More

News Corp arms get SEBI waiver for Hughes Soft open offer
THE subsidiary companies of News Corporation Ltd have been granted exemption by the Securities and Exchange Board of India (SEBI) from making an open offer for shares of Hughes Software Systems Ltd, following the News Corp group's proposed ... More

Intel to customise products for India, China
``The nature of business is changing in front of us. In order to cater to the emerging markets, companies will have to come out with new pricing strategies as well, as income levels in many such countries are lower." More

VisualSoft to invest over Rs 30 cr in BPO venture
VISUALSOFT Technologies Ltd, the Hyderabad-based software services and products company, is set to induct about 500 people and invest about Rs 30 to Rs 40 crore in its planned foray into business process outsourcing (BPO) in the near ... More

Siemens tool for media industry
BANGALORE: Siemens Information Systems Ltd (SISL), the software arm of Siemens Group in India, has launched a new solution to meet the specific needs of the media and publishing industry and said it expects to earn 25 per cent of its ... More

Macromedia product line targets developers
The US-based software provider Macromedia Inc has targeted the three-lakh strong Indian developer community with the launch of its new MX 2004 product line. Announcing the availability of the MX 2004 suite of products at a press conference ... More

E-GOVERNANCE


Tulip to wire Malappuram with wireless tech
TWO months after the UN launched a major initiative aimed at harnessing wireless Internet technologies to bridge the `digital divide' in developing countries, Malappuram in Kerala is set to become the world's first revenue district to get fully ... More

VENTURE CAPITAL


OATSystems gets funding from Matrix, Greylock
OATSystems Inc, a software company headquartered in Massachusetts, having R&D centre here, has announced that it has secured $11.5-million financing from Matrix Partners and Greylock, venture capital firms. Mr Prasad Putta, founder of ... More

IT-ENABLED SERVICES


Meet on employment chances in call centres
THE upcoming call centre industry in the country has immense potential for employment, said Mr R.N. Prasad, Chief Executive Officer of the Chennai-based Gateway communications, here. Addressing a seminar organised by the Madurai District Tiny ... More

NEW PRODUCTS & SERVICES


CSG Systems unveils improved billing framework
THE global customer care and billing solutions provider CSG Systems on Wednesday unveiled Kenan FX, a new offering that combines CSG's existing and acquired applications with new products and features in a single, easily integrated customer care ... More
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Top Stories
SC ruling may hit divestment of insurance cos


Banks differ with RBI on housing loans

`TAMP must continue in present form as regulator'

Gold prices seen breaching $400-mark
Indian offtake may peter out, says GFMS


Tractor sales down 17.8 pc in Q1

India moves up in Kearney's FDI Confidence Index

In Focus
Cola Controversy
The Cable tangle
Indo-China Relations
Telecom Competition
Oil PSUs: Disinvestment dilemma
In Depth
In Kashmir
Simple Economics
Slowburn
Tax Talk
NRIs & Investment Avenues
Corporate Governance

Looking back
Sep. 7-Sep. 13
Attrition returns to haunt software companies

SME new thrust area for tech cos

Bharti, Reliance take toll on CellOne

Call centres need more `S' than `I'

Boom seen in BPO spin-off jobs


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