Financial Daily from THE HINDU group of publications
Friday, October 10, 2003
Markets (Oct. 9)
BL 2501684.65 (+22.61)
BSE Sensex4698.68 (+63.82)
S&P CNX Nifty1502.10 (+23.50)
US Dollar (Buy/Sell)45.28/45.41
Gold Std (10 gm)5655 (-10)

News
Features
Stocks
Port Info
Archives


Subscription

Group Sites

INFO-TECH

AWARDS & HONOURS


Fibcom bags IT Ministry award
BANGALORE: Fibcom India Ltd, a joint venture owned by Tellabs and Indian Telephone Industries (ITI) has received the Award for Excellence in Professional Electronics for 2001-2002 from the Ministry of Communications and Information ... More

TELECOMMUNICATIONS


New IUC norms soon; calls to turn cheaper
The new policy will remove the regulatory distortions in the present regime and spread the access deficit across all fixed and cellular service providers. More

Unified licence without Parliament nod criticised
A FORMER top official of Videsh Sanchar Nigam Ltd (VSNL) has criticised the Telecom Regulatory Authority of India (TRAI) for trying to usher in unified licensing regime without seeking Parliamentary approval. The former VSNL Chairman and ... More

New players in handset market
CHINESE mobile handset manufacturer, Bird International Ltd, has launched a GSM handset model that costs in the sub-Rs 4,000 range. Bird International has a distribution and retailing agreement with the Essel group company, Agrani Convergence ... More

MTNL staff find VRS unattractive
MAHANAGAR Telephone Nigam Ltd's efforts to reduce its gigantic staff strength of close to 60,000 through a proposed voluntary retirement scheme could come a cropper as its unions appear stubborn in their refusal to accept the scheme. Staff ... More

FINANCIAL PERFORMANCE


MphasiS BFL group Q2 net up 58 pc
RIDING on increasing outsourcing demand from overseas customers, the Mphasis BFL group posted a 58 per cent increase in net profit to Rs 25.46 crore for the second quarter of 2003-04. Revenues rose 39 per cent to Rs 142.93 crore in the quarter ... More

INTERNET


Sify to offer Asia Netcom services
CHENNAI: Sify Ltd will offer the network services of Asia Netcom, an Asia-based network services provider, to the Indian market, according to a joint announcement made on Thursday. The statement said that the offering would target ... More

IT TRAINING


New Horizons opens training facility in Bangalore
NEW Horizons India Ltd, the joint venture between New Horizons Worldwide and Shriram Global Technologies, has announced the launch of its first training facility in south India, in Bangalore. As part of its growth strategy, New Horizons plans ... More

HUMAN RESOURCES


India may gain from US labour shortage: Study
IT could well come as a bonanza for India's service industry. The huge labour shortage of 5.6 million workers in the US by 2010 is likely to result in 1.3 million jobs being outsourced. And India stands to gain. According to a ... More

Hewitt office in Gurgaon
NEW DELHI: Hewitt Associates, a global human resources delivery and consulting firm, has opened a new office in Gurgaon (Haryana) near Delhi. The office, currently staffed by 68 associates, will focus on supporting backroom operations ... More

MERGERS & ACQUISITIONS


Talisma to merge with Pivotal
TALISMA Corporation, the customer management software vendor, founded by Mr Pradeep Singh, is to merge with Canadian CRM software company Pivotal Corp, a deal orchestrated by private equity firm Oak Investment Partners. Oak, which owns 70 per ... More

NetScreen to acquire Neoteris for $265 m
NETSCREEN Technologies, Inc, the Nasdaq-listed developer of integrated network security solutions, has signed a "definitive agreement" with Neoteris, Inc, a leading player in the SSL virtual private network (VPN) to acquire the latter for about ... More

VENTURE CAPITAL


Westbridge Cap to invest $10 m in marketRx
WESTBRIDGE Capital Partners along with marquee investors from the life sciences, technology and financial services industries including three Emeritus Chairmen of leading global pharmaceutical companies, today announced an investment of $10.25 ... More

NEW PRODUCTS & SERVICES


Motorola launches E365
BANGALORE: Motorola on Thursday launched the E365, among the industry's most technologically advanced camera phones with high-end features. The E365 sports an integrated camera with a unique sliding lens cover, extra large, high ... More

A PC for less than Rs 20,000
NEW DELHI: PCS Industries Ltd, a part of the Rs 1,200-crore PCS group, has launched a PC priced below Rs 20,000 as a special Diwali offering. The PC has a 40 GB hard disk, 52X speed CD-ROM with a full multimedia kit. "As a strategy, PCS ... More


Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
The Hindu eBooks

Pick a Winner Stock Market Contest

Top Stories
GAIL to unbundle sourcing, marketing


Tata Motors sales up 49.8 pc in Sept

Repo, bank rate cut on the cards?

Unified licence without Parliament nod criticised

India may gain from US labour shortage: Study

8% growth target difficult without reforms: NCAER

`India, Thailand need to widen trade basket'

Project finance: Investors are still playing safe

Oilmeal exports may top 35 lakh t

In Focus
Cola Controversy
The Cable tangle
Indo-China Relations
Telecom Competition
Oil PSUs: Disinvestment dilemma
In Depth
Swati CA
In Kashmir
Simple Economics
Slowburn
Tax Talk
NRIs & Investment Avenues
Corporate Governance

Looking back
Sep. 28-Oct. 4
Nasscom confident of 28 pc export growth

Debtor days dip for Infosys; rise for Wipro, Satyam

Karnataka IT Secy seeks voluntary retirement

`Blended threat major security concern for cos'


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |

Copyright © 2003, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line