Financial Daily from THE HINDU group of publications
Friday, November 07, 2003
Markets (Nov. 6)
BL 2501775.04 (+12.31)
BSE Sensex5047.54 (-17.37)
S&P CNX Nifty1612.20 (+3.05)
US Dollar (Buy/Sell)45.26/45.39
Gold Std (10 gm)5730 (-5)

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ANNOUNCEMENTS


IBM India offers access to R&D team
IBM has announced the launch of `on demand innovation services' at its India Research Laboratory. This is to provide customers in India access to a team of researchers specialising in high-end business transformation and technology consulting. ... More

TELECOMMUNICATIONS


Reliance not to stop roaming-like services
RELIANCE Infocomm is confident that the unified license scheme will become a reality and that the company itself would have the license within a month's time. It has therefore neither made nor plans any move to stop certain roaming-like ... More

Reliance Infocomm subscriber base touches 5-million mark
RELIANCE Infocomm Ltd has become the first telecom operator to cross the five million-mark in terms of subscribers in the wireless sector (GSM cellular plus limited mobility) in October. As per the latest statistics released by both the ... More

Strategy to meet WLL competition — Cell operators to wait for unified licence norms
PRIVATE cellular operators have decided to wait for the guidelines on unified licensing regime that are to be issued by the Department of Telecommunications (DoT) before finalising their strategy.This was decided at an executive council meeting ... More

HARDWARE


HP hopes to Impact assembled market
HEWLETT-Packard (HP) will get into the assembled personal computer (PC) market for the first time ever, by selling computer kits to local assemblers in India. Through this initiative, HP hoped to garner a share of India's assembled PC market, ... More

WeP sells over lakh UPS units
VISAKHAPATNAM: WeP Peripherals Ltd, formerly known as Wipro ePeripherals Ltd, has sold more than a lakh UPS (uninterrupted power supply) machines for personal computers in India . Mr E.V.S. Sai Babu, General Manager, South zone, said ... More

SOFTWARE


ADP Wilco launches new retail outsourcing service
ADP Wilco has announced a new application service provider for retail and private client stockbroking, custody and fund management operations. ADP Wilco is a subsidiaryof the $7 billion Automatic Data Processing Inc. The new service utilises ... More

Satyam chosen as Bear Sterns tech partner
SATYAM Computer Services Ltd has announced that it has been chosen as one of the two preferred vendors for a long-term outsourcing relationship by Bear Stearns, a US-based Fortune 500 and S&P 500 global investment banking, securities trading and ... More

$100-million investment in 3 years — Symphony to scale up Indian operations
SYMPHONY Services plans to invest $100 million over next three years to scale up its Indian operations, its Chairman, Mr Romesh Wadhwani, has said. The money would be used to expand facilities, buy new equipment and meet staff cost as Symphony ... More

EVENTS


IT.Com draws over 40,000 visitors
BANGALORE IT.Com, the five-day ICT event here, saw over lakh-and-a-half visitors, including over 40,000 business visitors. The event, in which 15 nations participated, had been successful in enabling business and showcasing Bangalore, said the ... More

`It's all about services'
THE future will not be for general devices but for those catering to specific uses, said Mr Robert Youngjohns, Executive Vice-President, Global Services Operation, Sun Microsystems. Speaking on "Innovation in a sceptical world" at a CII-CXOs ... More

NEW PRODUCTS & SERVICES


Fortune Informatics unveils new tool
FORTUNE Informatics Ltd, the Hyderabad-based software products company, on Thursday announced the launch of its latest offering, the k-Click ReportSuite Enterprise for broader application as an integrator. The company launched the product at ... More
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