Financial Daily from THE HINDU group of publications
Saturday, April 08, 2006
Markets (April 7)
BSE Sensex11589.44(-157.46)
S&P CNX Nifty3454.80 (-56.10)
US Dollar (Buy/Sell)44.61


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INFO-TECH

ISPS


ISPs take Net telephony fee issue to TDSAT
`Licence fee at 6 pc of annual revenues will render the business unviable' More

PREFERENTIAL ALLOTMENTS


Indus withdraws pref issue
Indus Networks Ltd has informed the BSE that the company received a withdrawal letter from one of its proposed allottees, Internet Communications India Ltd, Hyderabad to subscribe to 19,30,000 equity shares of Rs 10 each issued ... More

OVERSEAS BORROWINGS


Northgate Tech to raise $60 m for expansion
Plans expansion; mulls London Stock Exchange listing More

OUTSOURCING


Move to encourage BPOs hailed
Electronics and Computer Software Export Promotion Council (ESC) today welcomed the Annual Supplement to the Foreign Trade Policy saying the procedural changes made to encourage Business Process Outsourcing and IT-enabled services to avail ... More

No outsourcing fears
PAVING WAY FOR GROWTH: Mr Stephen Pound, Chairman of the LFIN delegation from the UK, and Mr C.K. Dhanuka, Chairman, FICCI (eastern regional council), at a meeting in Kolkata on Friday. An eight-member delegation of British Parliamentarians ... More

Reliance WebWorld's 24x7 biz project for BPOs
NIGHT PLAN More

Propart ties up with US co
The US-based $35-million Materials Handling Equipment Corporation (MHEC) has announced that it is partnering with Propart Solutions India Pvt Ltd, a Hyderabad-based finance and accounting business process outsourcing company. Under this ... More

TELECOMMUNICATIONS


`Tatas will dilute stake in Idea at right time, price'
Plans to set up gas-based fertiliser plant in Bangladesh More

DoT bids to resolve interconnection row
Meets operators to find a solution More

Telecom operators set to bring in IPTV
TRAI urged to frame laws to regulate content More

GETIT Corporate Pages by Oct
GETIT Infomediary Ltd will release Corporate Pages and Yellow Pages for Mangalore and Udupi by October. Addressing presspersons here on Friday, Mr Raghavendra Shastry, Corporate Vice-President, GETIT Infomediary Ltd, said ... More

Idea launches `Group Talk' facility
Idea Cellular Ltd has become the first operator in the country to launch Group Talk in the Maharashtra & Goa circles for its prepaid and post-paid customers. This technology would provide fast and easy set up of mobile-originated More

INSIGHT


RENDEZVOUS
`IT industry has matured, expanded'
Companies looking at Tier II cities, says Satyam chief, Mr Ramalinga Raju More

INFRASTRUCTURE


TransAsia's IT park to open next week
A corporate industrial park set up by the Rs 150-crore TransAsia Group is to be inaugurated here by the Union Minister for Non-Resident Affairs, Mr Vayalar Ravi, on Tuesday. This will be the maiden foray into infrastructure development for IT ... More

STOCKS


Small-cap new listings suffer
Share prices of some of the small cap companies, which were listed on the stock markets recently, including Nitin Spinners and Malu Paper Mills, have gone down below their offer prices. Nitin Spinners closed at Rs 18.05 on Friday, compared to ... More

HARDWARE


`PC market grows 19 pc in Pakistan'
IDC's quarterly PC tracker on emerging Asian markets shows that the client PC market in Pakistan, Bangladesh and Sri Lanka grew 16 per cent in 2005. The total shipments in 2005 stood at 8.51 lakh units. Among the them, Pakistan recorded the ... More

SOFTWARE


Goldstone Tech board meet
Goldstone Technologies Ltd has informed the BSE that a meeting of its board will be held on April 10 to review the financial requirements and the issue of instruments. The company has further informed that the outcome of this ... More

GENDER


IT's time to get tough
iGATE Global Solutions (www.igate.com) is an iTOPS firm, meaning `integrated technology and operations'. It operates in areas such as consulting, data analytics, enterprise systems, BPO, contact centre, and ... More

HUMAN RESOURCES


IDS plans to ramp up Bangalore headcount
International Decision Systems (IDS), a provider of asset finance portfolio management software and services, plans to triple the headcount at its development centre in Bangalore as it seeks to drive product engineering from the centre. Mr Todd ... More

OFF-SHORE DEVELOPMENT


Asurion opens development centre in Pune
Asurion, a US-based provider of insurance solutions and services for the wireless communications industry, has inaugurated its Strategic Development Centre (SDC) at IT Towers, Kharadi, Pune, in collaboration with Synechron. According to an ... More
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