Financial Daily from THE HINDU group of publications
Friday, September 16, 2005
Markets (Sept 15)
BL 2502485.68 (+22.41)
BSE Sensex8283.76 (+94.28)
S&P CNX Nifty2523.95 (+31.50)
US Dollar (Buy/Sell)43.83/43.96
Gold Std (10 gm)6455 (+20)


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RESEARCH & DEVELOPMENT


`Industry-academia joint effort vital for innovation '
INNOVATION in research and development is far from its potential and the mindset of risk-aversion is behind India's poor marshalling of resources towards innovation. Though the growth rate of 35 per cent might appear impressive, R&D's ... More

OUTSOURCING


Northgate setting up London data centre, plans pref offer
Post-preferential offer, the promoters' holding would be down at 45.50 per cent as against 51.40 per cent now. More

TELECOMMUNICATIONS


Reliance IndiaCall begins services in UK from today
RELIANCE Communications UK will launch its Reliance IndiaCall service in England and Wales on Friday. The company already has such a service in the US and Canada. Reliance IndiaCall will charge 7.9 pence per minute for landline calls made from ... More

Now comics on Reliance mobiles
RELIANCE Infocomm has uploaded major Indian and foreign comic strips on to its R-World data application suite to get over with comic strips. While Archies, Chacha Chowdhary, Billoo & Pinki and Hum Tum have already been uploaded, many others ... More

ELECTRONICS


Chip fabrication unit on the horizon — Consortium interested, says Maran
A CONSORTIUM of Indian equipment manufacturing companies along with Allied Material, a US-based equipment manufacturer, has evinced interest in setting up a plant in India for semiconductor wafer fabrication, according to Mr Dayanidhi Maran, ... More

INFRASTRUCTURE


Karnataka to put Bangalore infrastructure on fast track — IT.in boycott decision to be reconsidered
CONCERN for preserving the image of `Brand Bangalore' clinched the issue with the Government deciding to put the development of infrastructure on the fast track and the representatives of the IT industry also expressing satisfaction on the ... More

HUMAN RESOURCES


PAC plans centres in China, Eastern Europe
PROFESSIONAL Aptitude Council (PAC), a US-based company offering pre-employment aptitude certification, is considering launching its services in China and Eastern Europe. Mr Guhesh Ramanathan, Country Manager, PAC, said that as these two regions ... More

`IT firms follow non-discriminatory employment policy'
INFORMATION Technology industry was making a significant contribution to Karnataka's economy, accounting for 25 per cent of the State's gross domestic product. An equal amount was its share in the overall exports of Rs 40,000 crore, besides ... More

MERGERS & ACQUISITIONS


F5 Networks buys Swan Labs
THE New York-based F5 Networks plans to tap the Indian market for secure socket layer Virtual Private Network (SSL VPN), by acquiring Swan Labs. The company had recently bought the California-based Swan Labs. Swan Labs already has a sales ... More

OFF-SHORE DEVELOPMENT


India most popular offshoring destination, says PwC survey
INDIA is currently the most popular offshoring destination on parameters such as macroeconomic stability, regulations, labour costs and skills, and would gain more as the scale of outsourcing in the financial services sector is expected to ... More

SECURITY


Pointsec sets up India office
POINTSEC, a subsidiary of Protect Data AB of Sweden, is poised to gear up its operations in India with the establishment of a local office and the launch of a range of enterprise security products for intellectual property stored on laptop and ... More

`End-users take more risks online at work than home'
WHO do you think can afford to take more behavioural risk online - the end-user at work or home? A Trend Micro study has revealed that end-users in enterprise environments took to risky online behaviour at work than at home. The findings ... More

BROADBAND


BSNL to make broadband gear at Kolkata unit
BHARAT Sanchar Nigam Ltd is planning to manufacture broadband equipment at its facility in Kolkata. The State-owned company has issued a tender inviting Indian companies with the technological know-how for manufacturing one million units of ... More

PEOPLE


Virtusa appointment
HYDERABAD: Virtusa India, a subsidiary of Virtusa Corporation (US), has announced the appointment of Mr David Raj as Associate Drector (HR) for its Advanced Technology Centres (ATC) based in Chennai and Hyderabad. Prior to joining ... More



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