Financial Daily from THE HINDU group of publications
Tuesday, March 07, 2006
Markets (March 7)
BSE Sensex10725.67 (-9.69)
S&P CNX Nifty3182.80(-7.60)
US Dollar (Buy/Sell)44.41 (+0.03)


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INFO-TECH

PREFERENTIAL ALLOTMENTS


Mascon Global plans pref issue to ICICI Bank
Mascon Global Ltd will issue 234 lakh equity shares on preferential basis at a price of Rs 15.35 per equity share (including premium of Rs 5.35) to ICICI Bank (162 lakh shares) and Sungroup Enterprises (71 lakh shares). It will also issue ... More

STORAGE


Symantec's Archiving Partner
Symantec Corp launched an Intelligent Archiving Partner programme developed to provide organisations with more specific information about the content and context of the records in their ever-growing data stores. The program will ... More

OUTSOURCING


SQL Star bags contract
SQL Star International Ltd has bagged an outsourcing contract from Granules India Ltd, a pharmaceutical formulations manufacturer. The contract will include Oracle Enterprise Resource Planning (ERP) solution deployment, Radio ... More

TELECOMMUNICATIONS


BSNL calls to US, UK at Rs 6/min
Tariff war in the international long distance is hotting up with state-owned Bharat Sanchar Nigam Ltd dropping ISD rates to as low as Rs 6 a minute for calls made to the US, the UK and Canada. The move comes close to private operators Airtel and ... More

Resolve Idea row fast, Birlas urge DoT
The Aditya Birla Group has urged the Department of Telecom to expedite a resolution in its ongoing dispute with the Tata Group over Idea Cellular. In another letter to the DoT, the Birla Group rubbished claims made by the Tatas that they were ... More

Walky with 10 FM channels
Tata Indicom's fixed wireless phone, the Walky, now offers 10 FM channels. `Walky with FM' is targeted at housewives, shopkeepers, and the youth segment. The alarm ring tone can be set to the FM channel of the customer's ... More

BSNL-MTNL plan undersea cable link
State-owned telecom majors Bharat Sanchar Nigam Ltd and Mahanagar telephone Nigam Ltd are planning to lay a Rs 1,800 crore undersea cable between India and Singapore. This will be BSNL second ... More

`ADAG creates shareholder value of Rs 71,485 cr'
Reliance Communication Ventures listed at Rs 291 More

GSM cell subscriber base up 3.2 m in Feb
Total subscriber base crossed the 65-million mark More

Telemarketing calls on mobiles to end
Govt norms in 2 weeks More

ITI Palakkad unit workers to work more in protest
Officers and workers at the Palakkad unit of public sector Indian Telephone Industries Ltd (ITI) will work overtime on March 9 without taking extra pay to protest what they term as discrimination against the unit by the authorities. ITI ... More

SOFTWARE


Robosoft Tech unveils further plans for Udupi
Udupi is now venturing into IT with the brand Silicon Beach. "IT should not be an urban phenomenon," said Mr Rohith Bhat, President and CEO, Robosoft Technologies, an Udupi-based application development firm. "Tier II cities can also contribute ... More

Infosys mulls setting up operations in Kolkata
Need to augment education infrastructure in Bengal taken up More

MERGERS & ACQUISITIONS


KPIT Cummins to buy CG Smith for Rs 38 cr
All-cash deal to be completed by June; auto practice gets stronger More

IT-ENABLED SERVICES


ABT Info.net in expansion mode
Internet data centre ABT Info.net, which is promoted by the management of Dr Mahalingam College of Engineering and Technology (MCET), is expanding its seating capacity to 60. The company is located in the college campus at ... More

STANDARDS & BENCHMARKS


Satyam assessed to CMMI Level 5
Satyam Computer Services Ltd on Monday announced it has been assessed at CMMI Level 5 wherein the company has undergone 10 assessments in the last 30 months, covering 16 business units, engaged in delivering IT services to its ... More

NEW PRODUCTS & SERVICES


Bhatia launches tool bar for e-mail browsing
Develops product with KPIT More



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Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
Scheme for sugar mills to set up power units


PAN compulsory for demat accounts

Implications of capital gains giveaway

Barclays predicts strong growth for wealth market — Indian market to grow 15 pc per year

Oilmeal exports reach new high

Private insurers cut 2-wheeler exposure

Tata Motors, Fiat India to share dealer network

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Feb. 26-Mar. 4
IT industry divided over impact of excise duty — Desktop, notebooks may turn costlier

Tatas move to buy Birla stake in Idea Cellular



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