Financial Daily from THE HINDU group of publications
Friday, October 25, 2002
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TELECOMMUNICATIONS


Advantage VSNL in battle with BSNL — DoT fears violation of shareholders' pact
THE Department of Telecommunciations (DoT) finds itself in a spot over the interconnection tussle between Videsh Sanchar Nigam Ltd (VSNL) and Bharat Sanchar Nigam Ltd (BSNL). Even though the Communications Minister, Mr Pramod Mahajan, has ... More

Data Access gives VSNL a run for its money
INTERNATIONAL long distance operator Data Access India Ltd is turning out to be the proverbial dark horse, grabbing a major chunk of the market from incumbent operator Videsh Sanchar Nigam Ltd (VSNL). The company, a joint venture between ... More

Idea Cellular offers national roaming facility
IDEA Cellular ltd, on Thursday launched a national roaming facility on ChitChat— its pre-paid card in Andhra Pradesh. This will facilitate subscribers to stay in touch through incoming calls and incoming SMS in locations across the country ... More

Hutch to `wait and watch' before altering tariff plans
Mr Rajiv Sawhney said that ultimately it was the customer friendly services of international quality and rich features, which would make the difference, not the tariff alone. More

STOCKS


MTNL sees heavy selling
THE MTNL stock today saw huge offloading by FIIs followed by traders and operators on the major bourses. On the NSE, the counter declined by 6.48 per cent to close at Rs 95.30 and witnessed volumes of over 15.30 lakh shares. The 52-week low of ... More

SOFTWARE


Infosys eyeing global banks for CRM
SOFTWARE major Infosys Technologies Ltd has announced that it is targeting global banks with its recently launched banking customer relationship management (CRM) software product — Finacle CRM, which has been designed to suit the industry ... More

Marketing revamp helps Infotech earn more
INFOTECH Entreprises Ltd has recorded higher income — Rs 30.64 crore and net profit of Rs 6.56 crore for the quarter ended September 30, 2002, as against income of Rs 23.79 crore and a profit of Rs 5.65 crore during the corresponding ... More

Maars reworking business strategy
THE Chennai-based Maars Software International Ltd has started a consolidation exercise. It is reworking its business strategy and seeking additional funds to clear some of the liabilities. This included optimum use of a Rs 15 crore plot of ... More

Kshema Q2 net rises
BANGALORE: Kshema Technologies recorded revenues of Rs 15.80 crore in the second quarter ended September 20, 2002, registering an increase of 22 per cent over the previous quarter. The company added 20 new customers in the half year. ... More

Slowdown pulls down SQL Star net
HYDERABAD: SQL Star International Ltd has registered a fall in its income and profit for the quarter ended September 30, 2002. Its income was Rs 8.22 crore and net profit Rs 0.48 lakh for the quarter against Rs11.30 crore and net ... More

EVENTS


Call centre seminar from Nov 14
THE Industrial and Technical Consultancy Organisation of Tamil Nadu Ltd (ITCOT) will organise a two-day seminar and exhibition on call centre business between November 14 and 17 in Chennai. ITCOT is a joint venture of ICICI, IDBI and IFCI and ... More

Upping the ante
An 8 MB outdoor gateway is being set up by STPI at the Bangalore Palace ground to provide connectivity to the IT.COM 2002, Asia's largest technology event scheduled to start on October 28. ... More

ENTREPRENEURSHIP


`3-G incubators offer convergence of services'
MOVE over business incubators; welcome International Enterprise Centres, the new nurturing places for entrepreneurs, especially in hi-tech areas. These IECs, called the third generation incubators, now sprouting in the US and other ... More

IT-ENABLED SERVICES


Karrox Tech to spin off ITES division — Looking for foreign partners
KARROX IT-enabled services (KITES), the ITES training division of Karrox Technologies Ltd, is likely to be recast as a subsidiary of the company in partnership with a foreign entity that offers ITES training or one that has a significant call ... More
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