Financial Daily from THE HINDU group of publications
Saturday, October 11, 2003
Markets (Oct. 10)
BL 2501693.17 (+8.52)
BSE Sensex4768.90 (+70.22)
S&P CNX Nifty1523.10 (+21)
US Dollar (Buy/Sell)45.34/45.48
Gold Std (10 gm)5600 (-55)

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OUTSOURCING


`BPO vendors overrate expertise'
BPO vendors overrate and exaggerate their process and domain expertise, and potential customers are now wising up to the fact, warned Mr John McCarthy, Group Director, Forrester Research Inc. He was speaking at a Nasscom event here recently. ... More

TELECOMMUNICATIONS


Tata's telecom services clock Rs 200-cr bookings
THE specially formed sales and marketing team for the Tata group's telecom service providers has clocked Rs 200 crore in incremental annualised order bookings in less than 180 days of its establishment, with the major beneficiary of this exercise ... More

AirTel bullish on Tamil Nadu
AIRTELexpects to double its customer base from the current level by the end of March 2004. The company feels that outside Delhi and Mumbai, Tamil Nadu is the biggest market for mobile telephony and AirTel is planning a slew of products.. The ... More

`Pvt players must go to rural markets'
IT is not BSNL alone which meets the telecom needs of the rural masses but the private telecom companies too serve this segment, and Telecom Regulatory Authority of India (TRAI) hopefully would take into account the benefits to customers before ... More

SOFTWARE


Infosys Q2 net up 33 pc; raises forecast — `Growth stays strong; pricing shows signs of stability'
INFOSYS Technologies beat market estimates and its own guidance to post a 33 per cent increase in net profit to Rs 300.16 crore during the second quarter of the current fiscal compared with the same period last year while revenues rose 29 per ... More

Infosys Tech: Crunching costs to beat guidance
DESPITE lower volume growth compared to the previous few quarters, Infosys has been able to best by 6.5 per cent its earnings per share target for the second quarter ended September 2003 that it had set for itself. Gains from reduced incidence ... More

Concerto Software to merge with Melita
CONCERTO Software, a provider of customer interaction management solutions, on Friday announced that it has entered into an agreement and plan of merger with Melita International Ltd. The transaction is valued at $ 145.2 million. Under the terms ... More

Infosys: Infrastructure expansion on cards
IT major Infosys Technologies is expanding its infrastructure in Mangalore and Mysore, said Mr Nandan Nilekani, CEO and MD. It is looking for land in Mangalore, and during the quarter has acquired land in Pune, Chennai and Bangalore, totalling ... More

Borland Software in pact with IBM
BORLAND Software Corporation has announced a global agreement with IBM to ship trial versions of Borland{lcub}logicalnot{rcub}shy C#Builder(tm), the first independent enterprise development environment for .NET framework-based development, with ... More

  • Aztec net dips to Rs 65 lakh
  • VisualSoft Q2 results on Oct 23

    IT TRAINING


    9 new IT courses from Datapro
    NINE new courses are being introduced by education and training company Datapro Infoworld to cater to different training needs in IT education. Multimedia and Computer-based Fashion Designing is the first course the company is planning to ... More

    OFF-SHORE DEVELOPMENT


    Infosys plans software services centre in China
    INFOSYS has announced that it plans to set up a software development centre in China with 200 people. Mr Nandan Nilekani, the Chief Executive Officer, said the company has applied to the Chinese government to set up a wholly owned subsidiary ... More

    CONVERGENCE


    Reliance Info, MS TV in IPTV services deal
    RELIANCE Infocomm and Microsoft Corp will work together to jointly create, test and deliver Internet Protocol-based television (IPTV) services based on an upcoming IPTV solution being developed by Microsoft TV. A news release from Reliance ... More

    VENTURE CAPITAL


    VCs upbeat on India again
    THE downturn of economy and the misadventures during the dotcom bust notwithstanding, venture capital funds have not given up on India. On the contrary VCs are looking to the country as an attractive destination what with the continuing ... More

    IT-ENABLED SERVICES


    Medical transcription in consolidation phase
    THE medical transcription business which made waves a few years ago has not grown as expected and the sector is passing through a phase of consolidation, with issues relating to manpower constraints, quality and attrition coming to the ... More
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    Reliance Info, MS TV in IPTV services deal

    Infosys plans software services centre in China

    `BPO vendors overrate expertise'

    Protecting the migrant workers' interests

    Rise in global prices, demand for exports — Fall in cotton prices likely to be capped

    Let's keep the yield curve flat

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

    Looking back
    Sep. 28-Oct. 4
    Nasscom confident of 28 pc export growth

    Debtor days dip for Infosys; rise for Wipro, Satyam

    Karnataka IT Secy seeks voluntary retirement

    `Blended threat major security concern for cos'


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