Financial Daily from THE HINDU group of publications
Tuesday, September 20, 2005
Markets (Sept 19)
BL 2502535.25 (+26.89)
BSE Sensex8444.84 (+63.88)
S&P CNX Nifty2567.10 (+14.75)
US Dollar (Buy/Sell)43.85/43.98
Gold Std (10 gm)6610 (+55)

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`Students still see BPO jobs as a stop-gap'
EVEN as the business process outsourcing industry in India has attained a $5.2-billion size employing 3.50 lakh professionals, a majority of students across India still consider working in BPOs as a `stop-gap' employment option. According to a ... More


Bharti, ICICI Bank, Visa launch `mobile wallet'
BHARTI Tele-Ventures on Monday announced a tie-up with ICICI Bank and Visa to launch credit card on the mobile phone. The new service - mChq - will allow Airtel subscribers in Delhi and Mumbai to purchase goods for as low as Rs 50. Once ... More

Telecom industry split over access deficit charge debate
THE telecom industry is split midway over the issues of whether access deficit charge (ADC) is a matter of policy or a regulation. While the Cellular Operators Association of India (COAI) has come out in support of the Government's stance that ... More

Tata Tele to expand, to connect 80 more towns in Karnataka
TATA Teleservices Ltd will roll out its expansion programme next month to extend its services to 80 more towns in Karnataka. The company currently has networked about 150 cities and towns in the State. Mr Prabhat Pani, Chief Operating ... More

DoT merges cellular circles of Chennai, TN
THE Department of Telecom (DoT) has merged the Chennai cellular circle with Tamil Nadu for unified licence holders. The entry fee has been set at Rs 233 crore, which is the sum of the entry fee for Chennai and Tamil Nadu. The licence fee for the ... More

Mobile gaming with Indian themes is on
THE new `flavour' of mobile gaming is Indian! The Mumbai-based game developer Paradox Studios is working with Symbian and Nokia to bring out games with an Indian theme to them. Symbian is the maker of the mobile operating system (OS) that ... More


Virinchi enters into pact with Qualcomm, Mobitas
Virinchi has developed interactive games for an environment where multiple mobile users function. More

Danlaw Tech pref offer
HYDERABAD: Danlaw Technologies India Ltd has informed the BSE that the company is set to issue 5,00,000 equity shares at a premium of Rs 55 on a preferential basis aggregating Rs 3.25 crore. This move follows members' approval at the ... More

Subex tool on Teradata platform
BANGALORE: Subex Systems has announced the availability of its Revenue Assurance solution Incharge on the Teradata Enterprise Data Warehouse platform. The INcharge RS solution is part of Subex's revenue maximisation suite RevMax. The ... More

Keysoft ties up with US data warehousing appliance maker
THE Bangalore-based Keysoft Solutions Pvt Ltd has entered into a partnership with Boston-based Netezza, a data warehousing appliance maker, to tap the Indian data warehousing market. "This data warehousing product, Netezza Performance Server ... More


Cypress to invest $10 m in India
CYPRESS Semiconductor plans to invest $10 million in developing a campus for strategic product design as well as increase headcount from 200 people now to about 500 by 2008. The company has put off its decision for 6-9 months but still might ... More


`IP networks cut enterprise communication costs'
ABOUT 40 per cent of enterprise communications costs concern internal employees and close user groups. These can be slashed significantly using IP (Internet protocol) telephony technologies, said Mr Alok Shende, Director of Technology Practice, ... More


Custommerce to focus on customer management
THOUGHT leaders and senior business executives from various industries would converge to debate issues relating to customer interaction and evolve customer management strategies at the upcoming - Custommerce - scheduled to be held on October 7-8 ... More


Tulip IT Services files prospectus with SEBI for public issue
THE Delhi-based Tulip IT Services Ltd has filed draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for a public issue of 90 lakh equity shares. "Of the total equity float, 81 lakh equity shares are for the ... More

Servion plans IPO, acquisitions
SERVION Global Solutions, a provider of customer interaction management solutions, plans to go for a public float in the next 12-18 months, and is also keen on acquisitions in US for strengthening its product portfolio. "In the next 12-18 ... More

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Looking back
Sep. 11-Sep. 17
Rain forces rethink on expansion plans of BPOs in Mumbai

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`Legal work outsourcing potential waiting to be tapped'

Ascendas to hike investment 4-fold — First phase of tech park in Chennai completed

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