Financial Daily from THE HINDU group of publications
Saturday, March 18, 2006
Markets (March 17)
BSE Sensex10860.04(-18.70)
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US Dollar (Buy/Sell)44.47 (+0.04)


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OVERSEAS BORROWINGS


Cranes Software closes FCCB issue
Cranes Software International Ltd has announced the closure of its € 42 million offering of unsecured foreign currency convertible bonds (FCCBs). Barclays Capital is the sole book-runner and lead manager for the offering. The FCCBs ... More

TELECOMMUNICATIONS


BPL Mobile cuts tariffs
BPL Mobile has announced reduction in ISD and STD rates across all plans and also introduced new plans - TalkHome 299 and TalkRoam 499 for its post-paid and Recharge Card 899 for its pre-paid customers. Mr R. Sureshkumar, Vice-President, ... More

BSNL floats global tender for 2.5 m CDMA lines
60-m line expansion in GSM segment to follow soon More

Regulator spikes COAI response
The Telecom Regulatory Authority of India (TRAI) on Friday slammed the Cellular Operator's Association of India (COAI) for protesting the show-cause notice sent to six private operators for not adhering to quality of service norms. The telecom ... More

BPL Mobile slashes ISD, STD tariff
Post and pre-paid across all plans More

INFRASTRUCTURE


No luck with Smart City project deal
The Election Commission has barred the Kerala Government from signing the final agreement on the Rs 1,500-crore Smart City project in Kochi as part of the model code of conduct for the ensuing elections to the State Assembly. The Commission, ... More

SOFTWARE


Sierra support for Agile users
Sierra Atlantic, a technology services provider, has announced the rollout of offshore Application Management Services (AMS) for Agile Product Lifecycle Management (PLM) customers. The offshore services allow companies to ... More

Oracle embedded biz unit for Asia
The company also announced plans to launch innovation labs to drive development and testing of its embedded systems in China, India, Japan, Korea, and Singapore. More

Nvidia centre in Pune
The Santa Clara-headquartered Nvidia Corporation, player in programmable graphics processor technologies, today announced the opening of its design centre in Pune. Mr Jen Hsun Huang, Co-founder, President and Chief Executive ... More

IT TRAINING


Aptech centre in Venezuela
Aptech Computer Education, the flagship brand of IT education company Aptech Ltd, has launched a centre in Caracas, Venezuela. Aptech's international operations already cover countries in Africa, Latin America, South-East ... More

MERGERS & ACQUISITIONS


VisualSoft, Applabs, eSolutions merger plan falls through
`Delay in obtaining approvals not to benefit planned synergised growth' More

StanChart arms picks 16% stake in GTL
Standard Chartered Investments and Loans (India) Ltd has acquired 16.06 per cent of the total share capital of GTL Ltd. It acquired 1,31,86,717 shares in GTL on March 10 said GTL in a statement to the stock exchanges. Standard Chartered ... More

ALLIANCES & JOINT VENTURES


Nucleus in pact with UAE bank
Nucleus Software Exports has announced an agreement with the UAE's leading retail bank, Rakbank, to install FinnOne software to power the bank's retail assets division across all its branches. "With the help of FinnOne, the ... More

E-COMMERCE & E-BUSINESS


Chennai Customs to auction diamonds on Internet
There are 87 lots for sale, including a couple of six-carat diamonds worth Rs 6-7 lakh. More

IPOS


Xenitis Info plans IPO
IT company Xenitis Infotech is planning to come out with an initial public offering (IPO) by the middle of this year to raise Rs 250 crore. The proceeds of the proposed public issue would be utilised for increasing the existing manufacturing ... More

NEW PRODUCTS & SERVICES


Faster BlackBerry
FOR THE HIGH-END PROFESSIONAL: (From left) Mr Norm Lo, Vice-President, Asia-Pacific, Research in Motion; Mr. Kunal Dasgupta, CEO, Sony Entertainment Channel; and Mr Hemant Sachdev, Director, Marketing and Communication, Bharti Airtel, at a press ... More



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