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Saturday, June 19, 2004

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INFO-TECH

TELECOMMUNICATIONS
Cellular players want lower taxes, FDI flow
THE cellular industry led by the Bharti Group Chairman, Mr Sunil Mittal, has called upon the Government to bring down the levies and fees imposed on the telecom sector in order to offer affordable services to the consumers. It also urged the ... More

Push-to-talk: Nokia in touch with telecom operators
PUSH to talk over cellular (POC), the voice service for one-to-one and one to group communications, is likely to be the next big application in the wireless world after SMS, according to Mr Shankar Meembat, Nokia Networks Director, Core ... More

Left parties against divestment in BSNL
MR Mohammed Salim, recently-elected to the Lok Sabha from the Kolkata North West parliamentary constituency, has said that Left parties would protest in Parliament if the Central Government made any attempt to divest Government equity in Bharat ... More

Lucent bags Tata Tele deal
LUCENT Technologies has announced that it has been awarded a contract worth $30 million to support the CDMA network expansion of Tata Teleservices in Andhra Pradesh. As per the arrangement, the company will provide equipment, software and ... More

STOCKS
Expansion projects buzz props up Tata Tele stock
THE Tata Teleservices stock today moved up on positive news flows and developments. The stock attracted increased volumes on block trades, both on the NSE and the BSE on some reported investment buying. It closed 1.06 per cent up in terms of ... More

HARDWARE
Zenith takes on global giants with new management tools
TAKING competition head-on with international majors such as CA, IBM and HP, Zenith Infotech Ltd has set its sights on capturing the IT infrastructure management market. The company has already implemented 100 installations of its SAAZ-Systems ... More

SOFTWARE
IT industry does not need tax sops: Infosys chief
THE information technology (IT) industry does not need any tax sops, according to Mr N.R. Narayana Murthy, the Chairman and Chief Mentor of Infosys Technlogies, when asked about the major issues that the Government needs to address for the IT ... More

Hexaware to pay Rs 2
HEXAWARE Technologies Ltd has informed the exchanges that the shareholders have approved a dividend of Rs 2 per equity share. At the AGM held on June 9, the members also approved the appointment of Mr Atul K.Nishar as Executive Chairman for a ... More

Aptech global revenues up 32%
APTECH Ltd has announced a 32 per cent increase in revenue from international operations year on year for May 2004. In absolute terms, the revenues of May 2004 stood at $3.76 million as compared to $ 2.84 million for May 2003, reflecting an ... More

Four Soft to pay 5 pc
HYDERABAD: Four Soft Ltd has informed the Bombay Stock Exchange that the board of directors at its meeting held here on Friday had recommended a dividend of 5 per cent (Rs 0.25 per share) for the year ended March 31, 2004. The payout is ... More

MERGERS & ACQUISITIONS
Headstrong in merger talks with Elind
US software consultancy firm Headstrong Inc with revenue of $100 million (around Rs 455 crore) is in merger talks with Bangalore based Intel-invested software maker Elind Computers, sources close to the deal said. However, the deal size could ... More




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Top Stories
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IT industry does not need tax sops: Infosys chief

Looking back
Jun. 6-Jun. 12
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