Financial Daily from THE HINDU group of publications
Tuesday, January 10, 2006
Markets (Feb 02)
BSE Sensex9843.87 (-15.39)
S&P CNX Nifty2967.45 (-4.10)
US Dollar (Buy/Sell)44.22/44.35



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Reliance Info extends free tariff plan to fixed wireless users
RELIANCE Infocomm has extended its One India and lifetime-incoming-free tariff plans to its fixed wireless customers too. On January 1, the company had introduced its One India plan for its mobile customers. Under the One India tariff plan, ... More


The mobile revolution: Global scale is critical
FROM the 1910s to the mid-1990s, the United States dominated the mobile business. It was the delay in the commercialisation of the cellular technology — from 1947 to 1983 - that opened the window of opportunity to mobile challengers in ... More


LIC order for TVS Electronics
CHENNAI: TVS Electronics, the Chennai-based computer peripherals manufacturer, has bagged a Rs 11.6-crore order from Life Insurance Corporation of India (LIC). The order involves supply and installation of 14,000 units of TVS dot matrix ... More


Citigroup arm sheds VisualSoft stake
HYDERABAD: Citibank N.A. has informed the National Stock Exchange that Citigroup Global Markets (Mauritius) Pvt Ltd has sold 200,000 shares aggregating to 1 per cent of the total share capital of Visualsoft Technologies Ltd on January 4, ... More

Polaris advised to focus on legacy modernisation
POLARIS Software has said that management consulting firm McKinsey & Co has validated its intellectual property (IP)-based business model and has advised the company to stay focussed on the legacy modernisation services, where one sees big growth More


R Systems to beef up staff strength
R SYSTEMS International Ltd, the Noida-based information technology company, plans to double its employee strength in India to about 2,000 in the next two years. It also plans to raise about $15 million (Rs 67 crore) through an initial public ... More

Sitel India to double India headcount
SITEL India, part of the $1-billion Sitel Corporation, engaged in third party ITES and contact services, is set to double its India headcount and recruit about 1,000 people in its Hyderabad centre. Addressing a press conference here today, the ... More


Tata Interactive buys two firms in Europe
E-LEARNING company Tata Interactive Systems, a division of Tata Industries, has acquired two companies in Europe - Tertial Edusoft AG in Switzerland and Tertia Edusoft GmbH in Germany. These companies have been acquired from the ... More

FIPB defers decision on Bharti merger
THE Foreign Investment Promotion Board (FIPB) has deferred a decision on allowing Bharti Tele-Ventures Ltd (BTVL) to merge all its companies and become the operating arm for the purpose of being governed by the provisions of automatic route for ... More


Rapidigm to launch operations in Dubai, UK
SERVICES company Rapidigm (India) Ltd is all set to launch operations in Dubai and UK. Mr Vivek Talghatti, Managing Director, Rapidigm, told Business Line that it had identified the Gulf as the growing market for IT services. "We plan to ... More


Russian co teams up with Zoom for direct foray
THE Russian Internet security solutions company Kaspersky Lab has announced direct presence in India to target the growing opportunity for security solutions. The company is targeting small and medium business segment, large enterprises and ... More


`Grid computing picking up pace'
WITH an increased awareness of technologies, Indian companies are leading the world in perceptions of shifting towards a `Grid IT environment', with about 48 per cent of the organisations polled in an Oracle survey stating that they had already ... More

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Jan. 1-Jan. 7
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