Financial Daily from THE HINDU group of publications
Thursday, August 18, 2005
Markets (August 17)
BL 2502441.62 (+34.37)
BSE Sensex7859.53 (+91.29)
S&P CNX Nifty2403.15 (+33.35)
US Dollar (Buy/Sell)43.49/43.62
Gold Std (10 gm)6325 (+40)

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SSI shareholders okay pref issue to promoters
THE shareholders of SSI Ltd on Wednesday approved the issue of equity shares and convertible warrants on a preferential basis to its promoters. Mr K.S. Aghoram, Mr K.S. Suresh and Mr K.S. Ganesh are each to be allotted 14.16 lakh shares of face ... More


EMC sees headroom for growth here
STORAGE solutions vendor EMC Corporation said there was plenty of headroom for growth in the rapidly expanding Indian market. The company, which grew at over 300 per cent last year, expects to sustain the momentum, said Mr Steven Coad, General ... More


Sony Ericsson mobile can sing and click too
NOW you can listen to music, take pictures and video and make phone calls on one device. Sony Ericsson today kick-started its entry into the mobile music market with the launch of W800i, the world's first walkman branded mobile phone. This is ... More

BSNL to go in for additional 6 cr mobile phone lines
BHARAT Sanchar Nigam Ltd (BSNL), the State-owned telecommunications company, is in the process of finalising tenders for an additional six crore mobile phone lines, according to the Union Minister for Communications, Mr Dayanidhi Maran. This will ... More

FLAG complains to TRAI about VSNL blocking access
THE dispute between FLAG Telecom and Videsh Sanchar Nigam Ltd (VSNL) seems to be far from over. FLAG Telecom has written to the Telecom Regulatory Authority of India alleging that VSNL is still delaying carriers in India access to FLAG cable ... More

Indicom Gem unveiled in Kerala
KOCHI: Tata Indicom has launched an exclusively branded mobile phone `Indicom Gem' in Kerala on Wednesday. The new mobile phone, exclusively designed and manufactured for Tata Indocom by Huawei, one of the largest telecom equipment ... More


`Techno city' to be set up near Capital
AS part of the fourth phase of the expansion of the Technopark in Thiruvananthapuram, a `techno city' will be set up on the outskirts of the city. Announcing this while laying the foundation stone for a new building — Thejaswini — ... More


Sasken joins ARM program
BANGALORE: ARM has announced that Sasken Communications Technologies Ltd has joined ARM-Approved Design Centre Program, highlighting the growing momentum for its technology in the Indian market. Sasken's expertise combined with ARM ... More


PIB Malayalam site launched
THIRUVANANTHAPURAM: The Secretary, Information Technology, Mr P. H. Kurian, launched the Malayalam version of the Press Information Bureau-Thiruvananthapuram Web site,, here on Wednesday. The Web site has been designed and ... More


SoftBank arm buys 14 pc stake in VisualSoft for Rs 35.5 crore
SAIF II Mauritius Company Ltd, an arm of SoftBank, has acquired 27,96,596 shares of VisualSoft Technologies Ltd at Rs 127 per share, amounting to 14 per cent of paid-up equity capital through a private arrangement. The acquisition, valued at Rs ... More

SumTotal eyes more buys, to invest $10 m more
SUMTOTAL Systems Inc, a Nasdaq-listed provider of learning and business performance technologies, is eyeing more acquisitions in the human resource management-related area. It plans to invest about $10 million in its Hyderabad centre. The Chief ... More

Sahara Computers buys distribution co
SAHARA Computers and Electronics Ltd (SCEL) on Wednesday announced that it had signed an MoU for the acquisition of the IT distribution company - SES Technologies Ltd - to help expand its penetration in India. SES shall continue to trade ... More


UK's Ventura sets up offshore centre in Pune
CUSTOMER management outservices company Ventura has begun its Indian operations in Pune. The new company is part of Ventura UK and would be known as Ventura (India) Private Ltd. Ventura is a wholly-owned subsidiary of NEXT Plc. This is the ... More


Digital library plan — Has Google bitten off more than it could chew?
THE decision by Google Inc. to suspend temporarily a part of its project to make searchable digital copies of the contents of some leading libraries, in order to give publishers and other copyright holders an opportunity to opt out, does not come ... More

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Top Stories
L&T, Hong Kong co bag Hyderabad airport orders

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Employment Guarantee Bill: Govt agrees to Left demands

BSNL to go in for additional 6 cr mobile phone lines

Sony Ericsson mobile can sing and click too

Private non-life players' market pie up at 35 pc

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In Focus

BHEL Disinvestment
The Yuan Revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition

In Depth

Gender Justice
Simple Economics
Tax Talk

Looking back
Aug. 7-Aug. 13
`VAT impact on Q1 PC sales only incidental'

`Enormous value in outsourcing R&D'

Texas Instruments unveils single-chip mobile solution

Mobile subscription on the rise, 2.45 m new users in July

Fewer, smaller IT, BPO deals during June quarter: TPI

Content management market hotting up in India: IDC

Infosys, 25, raises bar to global scale

Use, transfer of disputed domain names in .IN space frozen

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