Financial Daily from THE HINDU group of publications
Wednesday, November 12, 2003
Markets (Nov. 11)
BL 2501793.14 (+14.82)
BSE Sensex5030.64 (+32.07)
S&P CNX Nifty1601.15 (+6.65)
US Dollar (Buy/Sell)45.25/45.38
Gold Std (10 gm)5755 (+25)

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OUTSOURCING


i-Vantage plans to expand Hyderabad operations
i-VANTAGE Inc, the Boston-based global delivery and consultancy services provider, has announced plans to expand its India operations based out of Hyderabad and invest about $3 million by 2005 in three centres. The company's Kolkata operations ... More

TELECOMMUNICATIONS


Unified licensing norms issued — No additional entry fee for cellular converts
IN the final step towards the unified licence regime for basic and cellular services, the Department of Telecommunications (DoT) has issued guidelines to enable the existing operators to switch over to the new licence in keeping with the ... More

Now, SMS to woo voters
IT'S not just school bags or freebies that political parties are using to woo electorates. The SMS is also becoming an important tool. While the Bharatiya Janata party (BJP) has finalised a deal with Mobile Mantra, a mobile messaging product ... More

Hutch extends service to 23 more towns in Karnataka
HUTCH has announced the launch of its services in 23 towns covering Dakshina Kannada, Udupi, Uttara Kannada, Shimoga, and Chikmagalur districts. According to Mr Samuel Selvakumar, Chief Operating Officer (Karnataka and Chennai), Hutchinson ... More

INSIGHT


Unified licence: Contradictions unlimited
FOR THE second time in less than three years, the government machinery acted with decisive swiftness while formalising the unified licence between basic and cellular services in five days flat. It passed through three ... More

IT TRAINING


Aptech raises $14.4 m through GDR issue
APTECH Ltd has raised $14.4 million (around Rs 65 crore) through the global depository receipts (GDRs). In a notice to the stock exchanges on Tuesday, Aptech said the board of directors had approved the allotment of 38,40,000 global ... More

HUMAN RESOURCES


Pay hike highest in India: Survey
The IT-enabled services industry in India gave the highest average salary increase in 2003 at 14 per cent. The highest pay increase forecast for next year is to be in the software sector with a raise of 14.2 per cent. More

MERGERS & ACQUISITIONS


EFI buys Printcafe
BANGALORE: Electronics For Imaging, provider of digital imaging solutions, announced that it has completed the acquisition of Printcafe, a provider of print management information software. EFI and Printcafe have come together to ... More

ISPS


Dishnet ups bandwidth capacity
DISHET DSL Ltd today announced that it has increased its bandwidth capacity to 622 Mbps outside India. A press release from the network equipment provider Cisco Systems - which provided the new solution to Dishnet - said that this would ... More

EVENTS


Borland developers' meet
BANGALORE: Borland Software India Pvt.Ltd is hosting its first ever developer conference in India - the Borland India Developers Conference. The conference, to be held here on November 20, will focus on how companies can accelerate the ... More

VENTURE CAPITAL


Trident Capital bets big on India
"We are very keen on companies with strong US front-ends and robust Indian back-end operations," Mr Todd Springer, MD, Trident Capital, said, More

IT-ENABLED SERVICES


`Call centres must move up via partnerships'
GLOBAL contact centre industry experts suggested on Tuesday that Indian companies, in a bid to stay ahead of their competitors, must transition themselves from the cost-centre approach to value-centre through building lasting partnerships. ... More

PEOPLE


New COO for Optimus
CHENNAI: Optimus Outsourcing Company Ltd, the business process outsourcing subsidiary of Polaris Software, has announced the induction of Ms Uma Ratnam Krishnan into its management as the Chief Operating Officer of the company. As COO, ... More

TRENDS


Reality catches up
The computer hardware industry has long played second fiddle to software. Neither did the government dole out sops, nor were sales encouraging. But that has changed - sales are brisk and the government is a huge buyer. The potential is no more an illusion. Reality is closing in on the promises made. More

NEW PRODUCTS & SERVICES


Trend Micro's upgraded tool
MUMBAI: Trend Micro Inc has unveiled the latest version of its InterScan security application here. The InterScan Messaging Security Suite version 5.5 and Spam Prevention Solution provide messaging gateway anti-virus solutions along ... More
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Top Stories
Gold dehedging slows down in third quarter


Big B beckons admen to keep finger on common man's pulse

Now, SMS to woo voters

Pay hike highest in India: Survey

Banks pin faith on grooming staff

MFs devise bonus options for tax-planners

In Focus
Rising intolerance
(The Hindu)
Vaishnavaite Temples in Tamil Nadu
(The Hindu)
Saivite Temples in Tamil Nadu
(The Hindu)
A Tribute to Semmangudi
(The Hindu)
Organic farming
In Chennai
The Cable tangle
Telecom Competition
Oil PSUs: Disinvestment dilemma
In Depth
Swati CA
In Kashmir
Simple Economics
Slowburn
Tax Talk
NRIs & Investment Avenues
Corporate Governance
Iraq Diary

Looking back
Nov. 2-Nov. 8
Karnataka top software exporter: ESC

Govt invites bids for advisors for selling residual stake in CMC

Cellular base crosses 19.35 million

Reliance Infocomm subscriber base touches 5-million mark

Dip in consulting income, strong rupee tell on i-flex


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