Financial Daily from THE HINDU group of publications
Wednesday, October 29, 2003
Markets (Oct. 28)
BL 2501634.64 (-9.92)
BSE Sensex4707.80 (+9.52)
S&P CNX Nifty1481.75 (-3.55)
US Dollar (Buy/Sell)45.27/45.40
Gold Std (10 gm)5775

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INFO-TECH

OUTSOURCING


Progeon to cap voice work at 30% of income
BUSINESS process outsourcing arm of Infosys Technologies Ltd, Progeon, will not allow voice work to top 30 per cent of its revenues in 18-24 months. Currently, the company derives "less than 15 per cent" of its revenues from call-centric work, ... More

TELECOMMUNICATIONS


Cell cos move SC against tribunal order on WLL
PRIVATE cellular operators have filed an appeal in the Supreme Court challenging the order of the Telecom Dispute Settlement Appellate Tribunal (TDSAT) that has given the green signal to limited mobility (WLL) services. According to an official ... More

Indiacom Yellow Pages for AP
HYDERABAD: Indiacom on Tuesday released the second edition (2003-04) of its special Yellow Pages directory for homes — Homepages — in Hyderabad and Secunderabad. The directory promises to provide information that could be ... More

INSIGHT


Makings of a mess
The telecom sector is headed towards Unified Licensing. When that happens, pulling all the players operating with different licences and spectrums through one licence portal is going to be a messy, mammoth task. More

STOCKS


Funds buying firms up Bharti Tele
THE stock of Bharti Tele-Ventures moved into stronger territory following sustained buying by funds on the bourses on Tuesday. Brokers said the counter was the subject of intense activity during mid-morning trades, with the stock hitting a new ... More

FINANCIAL PERFORMANCE


Tata Elxsi Q2 net up 35 pc
TATA Elxsi, the technical computing arm of the Tata Group, has reported a growth of 35 per cent in net profits and 30.5 in turnover for the quarter ending September 30, 2003 over corresponding period previous year. Tata Elxsi reported a net ... More

SOFTWARE


Muthoot group to invest Rs 35 cr in Kerala IT Park
MUTHOOT Pappachan Group, one of the leading private sector business groups in the State, will invest Rs 35 crore in the proposed IT Park - Technopolis - in the Cochin Special Economic Zone. Located on the Airport-Seaport Road in Kochi, ... More

Promoters to buy SSI unit for Rs 97 crore
THE Kalpathi family, promoters of SSI Ltd, is set to acquire the company's offshore development centre at Vadapalani in Chennai. The family members, consisting of Mr Kalpathi S. Suresh, Mr Kalpathi S. Aghoram and Mr Kalpathi S. Ganesh, were ... More

Verizon contest for IT `top guns'
The programming contest will be open for registration on a first-come-first-served basis, with a maximum of 500 participants, from October 27 to 30 at www.Topcoder.com/Verizon. The tournament ends on Nov ember 7, after three rounds are completed. More

IT TRAINING


CSIT organises courses
HYDERABAD: The Centre for Spatial Information Technology (CSIT), JNT University, is organising two courses during December 2003-February 2004. The Department of Space-Sponsored four-week course from December 4, 2003 on spatial ... More

ENTERPRISE RESOURCE PLANNING


Seminar on ERP II in Kolkata
KOLKATA: The Fifth National IT Seminar at XLRI, Jamshedpur, is to be held on November 15-16, 2003. Organised jointly by XLRI's SOCRATES (The Society for the Rapid Assimilation of Technology & Systems) and Confederation of Indian ... More

BROADBAND


Microsense plans 600 hotspots
WITH over a million laptop users and a place in the high tech mindspace, India is ready for wi-fi — wireless broadband Net access, says networking solutions provider, Microsense. In a country with just over 500 `active' hotspots, Microsense ... More

EVENTS


`Offer what the customer wants'
The recently concluded ITU Telecom World, 2003, at Geneva made one thing clear: a successful business model is one that caters to what customers want. And if that need is going mobile, then it must be on their terms. More

PEOPLE


Two senior Infosys officials quit
TWO senior Infosys Technologies officials, both members of the company's management council, have put in their papers. Mr Mohan Sekhar, Senior Vice-President, Delivery (North America) and Mr Ramesh M. Adkoli, Associate Vice-President, Delivery ... More

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