Financial Daily from THE HINDU group of publications
Thursday, November 03, 2005
Markets (November 02)
BL 2502268.63 (+25.78)
BSE Sensex8072.75(+128.65)
S&P CNX Nifty2419.05 (+32.30)
US Dollar (Buy/Sell)45.18/45.32


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INFO-TECH

EMPLOYMENT


Outsourcing to create 3.37 lakh new jobs in US by 2010: Study
A RECENT study commissioned by the IT Association of America (ITAA) has said that the "incremental economic activity" triggered by offshoring is likely to create over 3.37 lakh net new jobs in the US by 2010. "Even as the global software and IT ... More

ANNOUNCEMENTS


Fractal mulls another delivery centre
The company simplifies the large data created by banks and telecom companies, to help the latter offer customised products and services. More

Indus Networks to hike share capital
INDUS Networks Ltd has informed the Bombay Stock Exchange that the shareholders have approved an increase of the authorised share capital from Rs 10 crore divided into one crore equity shares of Rs 10 each to Rs 25 crore divided into 2.5 crore ... More

AWARDS & HONOURS


Satyam gets award
HYDERABAD: Satyam Computer Services Ltd has announced that it has been accorded the Indo-Australian Business Excellency Award that recognises the company's spirit of entrepreneurship and investments made in Australia. The company was ... More

TELECOMMUNICATIONS


TRAI call to reduce congestion in mobile networks
IN order to reduce congestion in mobile networks, the Telecom Regulatory Authority of India (TRAI) on Wednesday called for the need to reduce the time taken to establish interconnection between networks of various telecom operators. Moreover, ... More

INSIGHT


The new Dataveillance era
It is interesting to watch the rift among the Marxist apparatchiks at the politburo on whether workers in IT industry need any help from their trade union wings to earn in addition to their high salaries and perks the right to hold back output, ... More

INFRASTRUCTURE


`Kerala emerging as IT hub'
KERALA is fast emerging as an IT hub, with the Government vigorously promoting the IT Mission with commitment to provide infrastructural support. In its quest to become a complete knowledge society by 2010, the Technopark, Thiruvananthapuram, ... More

Look beyond Bangalore, says Karnataka Govt
BANGALORE: Karnataka has suggested to IBM that it should start looking beyond Bangalore for expanding its operations. IBM is currently in the process of setting up a campus in Bangalore spread over 10 acres in the northern parts of the ... More

FINANCIAL PERFORMANCE


SQL Star posts profit
HYDERABAD: SQL Star International Ltd has recorded total sales of Rs 7.16 crore and a net profit of Rs 0.36 crore for the third quarter ended September 30, 2005, against a total income of Rs 4.83 crore and a loss of Rs. 0.42 crore during ... More

HARDWARE


Global PDA shipments rise 21 pc in June-Sept: Gartner
A SURVEY conducted by Gartner Inc,provider of research and analysis on IT industry, shows that the global PDA (personal digital assistant) shipments have risen 21 per cent in the June-September quarter. Total PDA shipments during this period ... More

Intel dual-core processors
BANGALORE: Intel has launched its `Paxville MP' dual-core processors earlier than scheduled. The dual-core, hyper-threaded processors are officially named Intel Xeon processor 7000 series. Applications such as database and supply chain ... More

SOFTWARE


IBM chief makes low-key visit
THE chief of Big Blue is in the country, quietly. As the Chairman & CEO of IBM, the largest global IT firm, Mr Samuel J. Palmisano, comes calling on India barely two weeks after the CEO of Cisco, Mr John Chambers, made his second visit in the ... More

Nihar board nod for loan facility
HYDERABAD: Nihar Info Global Ltd has informed the BSE that the board has approved the enhancement of the loan facilities with Union Bank of India from Rs 30 lakh to Rs 40 lakh. The board has authorised the company to make an application ... More

INTERNET


The future of interactivity
With Internet and mobile phone usage gaining ground, companies are experimenting with different models to enhance brand recall. More

Shaadi.com to widen services portfolio
SHAADI Point, Shaadi.com's offline business division that won the Franchiser of the Year award last month, is looking to enlarge its portfolio from matrimonial services to include astrology services, wedding planning and grooming of aspirants in ... More

VENTURE CAPITAL


July Systems raises $10-m funds
JULY Systems, a provider of smart mobile retailing technology, has raised $10 million in Series C funding. The company plans to utilise the latest funding to strengthen its global sales and marketing effort in the US and Europe. It also plans ... More



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Top Stories
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Foreign brokerages plan to widen mid-cap basket

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Growing from better fleet management

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SAIL, 3 others cut prices

In Focus

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India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
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Looking back
Oct. 23-Oct. 29
Satyam forms think tank for strategic deals

`Unionism in IT may not take root here'

Jones Lang LaSalle may outsource chunk of call centre work to India


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