Financial Daily from THE HINDU group of publications
Thursday, March 09, 2006
Markets (March 8)
BSE Sensex10508.85(-216.82)
S&P CNX Nifty3116.70(-66.10)
US Dollar (Buy/Sell)44.50 (+0.15)


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INFO-TECH

OVERSEAS BORROWINGS


HFCL raises $33 million thru FCCBs
Indus Capital to have 10% stake More

STORAGE


Quantum Corp's DLT-S4 tape drive
Storage firm Quantum Corp introduced DLT-S4, a tape drive with 1.6 terabytes per cartridge (compressed). The fourth generation in Quantum's performance line of DLT-S tape drives (formerly named SDLTTM), the DLT-S4 helps ... More

TELECOMMUNICATIONS


TRAI moots usage of `strings' in mobiles
Move aimed promoting high-speed data access More

55,000 new fixed line connections added in Feb
But BSNL, MTNL post near-static growth More

`No single entity called Tata Group'
Tatas respond to DoT query on Idea Cellular imbroglio More

INSIGHT


Leveraging the mobile phone revolution
The mobile phone is now being used for small-time financial activities, such as information on prices and billing settlements. But the important development that service providers and bankers should work towards is to make it drive a retail credit revolution, says R. VAIDYANATHAN. Telecommunications will emerge as a major competitor to financial institutions. More

INFRASTRUCTURE


Smart City hangs fire
Poll panel directive throws a spanner in the wheel More

HARDWARE


GE Advanced Materials expansion plan
The US-based GE - Advanced Materials will be investing in a "significantly larger" facility to be located near Bangalore. The Advanced Materials business of General Electrics is part of the industrial business group, specialising in ... More

SOFTWARE


Tech Mahindra, Intel (R) lab in Pune
Tech Mahindra, software exporter and solution providers to telecom companies worldwide, and Intel (R) have launched a `Next Generation Telecom Solutions Lab' here at the former's development centre. Talking to presspersons, Mr Vineet Nayyar, ... More

IBS secures two deals for SmartCargo
IBS Software Services has secured two launch customers for SmartCargo, its air cargo inventory management product. CargoJet and Northern Air Cargo, both based out of North America, have picked the IBS offering over international competitors, ... More

INTERNET


WestBridge to invest $8m in shaadi.com
Shaadi.com, the flagship brand of People Interactive, which also owns Fropper.com, AstroLife.com and ShaadiPoint, has secured an investment of $8 million from WestBridge Capital Partners. According to a press release issued by the company, Mr ... More

IT TRAINING


CompTIA programs in India
Thomson Prometric to conduct exams More

MERGERS & ACQUISITIONS


Temasek picks 9.9% stake in Tata Tele
Tata Teleservices Ltd today said Temasek Holdings Pte Ltd, through its wholly owned subsidiary Aranda Investments (Mauritius) Pte Ltd, has acquired a 9.9 per cent equity stake in the telecom company. The transaction size was not officially ... More

REGULATORY BODIES & RULINGS


TRAI recommends Rs 200 one-time fee for number portability
Scheme irrelevant, say operators More

OFF-SHORE DEVELOPMENT


Adobe comes to Bangalore
To set up 500-seat R&D facility More

IBM opens new Bangalore centre
IBM announced a new Global Business Solution Centre in the city, where IBM consultants will develop and deploy solutions in over 50 key business areas such as Consumer Driven Supply Chain Optimisation, Banking Risk and ... More

E-COMMERCE & E-BUSINESS


Online banking usage picking up
Clicking in Tier-II cities More

SECURITY


New range from Bosch Security
Bosch Security Systems said on Wednesday that it has introduced a range of new security solutions for the Indian market. Bosch's security solutions business head in India, Mr Dhiraj Wali told newspersons that the Indian market ... More

E-GOVERNANCE


Cisco, NISG to host public sector meet
Cisco Systems and National Institute for Smart Government (NISG) would host the annual Public Sector Summit on Infrastructure for e-Governance in the Capital on March 9-10, 2006. Summit with the theme `Connecting Government, Empowering ... More



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Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
Online banking usage picking up


High cost of actuaries worries IRDA

Guessing game on wheat production prospects

La Nina indicators neutral: Forecast

Service tax on ATM not to hit users

Trade with US: India likely to overtake China

No plans to make OVL independent: Ministry

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
More

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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