Financial Daily from THE HINDU group of publications
Thursday, January 05, 2006
Markets (January 5)
BSE Sensex9617.74 (-30.34)
S&P CNX Nifty2899.85 (-4.55)
US Dollar (Buy/Sell)44.64/44.78


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OUTSOURCING


LogicaCMG to shift shared services operations to India
THE India operations of the European IT firm LogicaCMG is set to emerge as the global hub for the company's business process shared services such as finance and accounting (F&A), procurement, HR services and technology help desk. The company ... More

AWARDS & HONOURS


Satyam bags ICWAI award
HYDERABAD: Satyam Computer Services Ltd has been awarded the ICWAI National Award for Excellence in Cost Management for 2005 under the services category. The Chief Financial Officer of Satyam, Mr V. Srinivas, said "given that ... More

TELECOMMUNICATIONS


TRAI moots cable TV telephony
THE Telecom Regulatory Authority of India (TRAI) has proposed to open up the Media Gateway Control Protocol (MGCP), which is supposed to enable cable operators to offer telephony services to their customers more efficiently. Most cable ... More

Tata Indicom launches new wireless service in Kerala
TATA Indicom today launched a new wireless service for home and small office users in Kerala, offering cheaper rates and more facilities. Called `Indicom 10', the service will be available only in small towns and rural areas in the State, said ... More

One million more BSNL mobile subscribers in Dec
This is the first time BSNL has added so many new subscribers ever since it launched cellular services two years ago. More

BSNL, MTNL employees to strike work today
ABOUT 4.5 lakh employees of the Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) will strike work on Thursday, focussing attention on their demands that include opposition to foreign direct investment (FDI), and granting ... More

Cisco ships 100,000 IP phones to India
CISCO Systems on Wednesday announced that it has shipped 100,000 IP (Internet Protocol) phones in India by the end of December 2005. Cisco had introduced its range of IP phones in 2001 in the country and is the market leader, according to market ... More

Sony Ericsson expands distribution network
MOBILE handset manufacturer Sony Ericsson on Wednesday announced the expansion of its nationwide sales distribution network by adding Ingram Micro as the second national distribution partner along with Salora International. Ingram Micro till ... More

INFRASTRUCTURE


Madurai-Kamaraj to make available 25 acres for IT park
THE Vice-Chancellor of Madurai-Kamaraj University, Dr P. Maruthamuthu, has consented to discuss and make available 25 acres of land opposite to the university for the establishment of an IT park, the President of the Tamil Nadu Chamber of ... More

INTERNET


Google's tribute to Louis Braille
HYDERABAD: Google site opens to dotted patterns unlike its traditional Google insignia. These dots refer to Google in Braille. It is Google's way of paying tribute to Louis Braille, coinciding his birth anniversary. He was born on ... More

MERGERS & ACQUISITIONS


Maxis to use Aircel as base to grow here — Sees good potential in broadband, offshoring businesses
MAXIS Communications Berhad of Malaysia, which has signed an agreement to acquire the mobile operations of the Sterling Infotech group, plans to use this as a base to build a national business here in the medium to long term. In an e-mail ... More

E-COMMERCE & E-BUSINESS


IDBI Capital woos retail investors with new portal
IDBI Capital, a wholly owned subsidiary of IDBI, today launched an investment portal, www.idbipaisabuilder.in, to primarily help retail investors make informed equity-oriented investment ... More

SECURITY


For staff verification, call Bangalore police
THE terrorist scare among technology and BPO companies has spawned a new business opportunity for the resource-starved Bangalore police department - employee and vendor verification services. And it is an opportunity that the department has ... More



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