Financial Daily from THE HINDU group of publications
Tuesday, September 27, 2005
Markets (Sept 26)
BL 2502388.75 (+69.82)
BSE Sensex8478.91(+256.32)
S&P CNX Nifty2557.35 (+79.60)
US Dollar (Buy/Sell)43.91/44.04
Gold Std (10 gm)6615 (-35)


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ANNOUNCEMENTS


Trend Micro upgrades office
COIMBATORE: Having upgraded its India liaison office to a 100 per cent subsidiary of Trend Micro, the new entity - Trend Micro India Private Ltd - has set certain ambitious targets. The company, besides aiming to achieve the ... More

OUTSOURCING


Integreo raises $40 m; acquisition in the offing
INTEGREO India, a high-end business process outsourcing services provider, plans to invest about $10 million and hike its employee strength from the current 600 here to about 1,500-2,000 within 12 months. The company is close to making yet ... More

India continues to dominate ITO, BPO space, says neoIT
Based on the neoIT `Offshore attractiveness index', India, Canada, China, Poland and Ireland are ranked in the top 5. More

exevo plans to tap tourists to do market research, translation — Work-holiday model in conceptual stage
WHEN it comes to tapping opportunities in the emerging knowledge process outsourcing (KPO) space, companies seem to be devising novel ways. Driven by a client push to take on an increasing amount of work in foreign languages, KPO company exevo is ... More

TELECOMMUNICATIONS


BSNL eyes Govt staff to expand user base — Offers mobile plan for Rs 100 monthly rental
IN a bid to attract over 10 million Central and State Government employees across the country, Bharat Sanchar Nigam Ltd has launched a mobile plan with a monthly rental of Rs 100 specifically for this segment. BSNL has also waived security ... More

CE Info Systems to offer `eLocation' services on mobiles
THE New Delhi-based CE Info Systems Pvt Ltd will soon introduce a range of location-related services on mobile phones. According to Mr Rakesh Verma, Managing Director, CE Info Systems Pvt Ltd, the company will introduce its eLocation and ... More

SC seeks explanation on `unregulated' mobile towers
THE Supreme Court of India has sought explanation from all the mobile phone operators and various government and semi-government agencies over the issue of alleged `illegal' and `unregulated' constructions of mobile phone towers on top of ... More

EDUCATION


Triumphant Institute in talks with tech companies to tap e-learning
TRIUMPHANT Institute of Management Education (TIME), the Rs 40-crore Secunderabad-based education-training institute, has initiated discussions with technology companies to explore opportunities in e-learning. "We will provide the content and ... More

HARDWARE


HP Labs to launch vernacular keypads
WITH a total headcount of 700 across its six labs globally and operations in India for the past three years, HP Labs (HPL), is all set to roll out vernacular keypads in the domestic market as also a system to capture, store and redistribute ... More

SOFTWARE


Ciena opens research centre at Gurgaon
The centre will focus storage extension and optical transport, as well as multi-service switching. More

Synopsys partners ARM for manual on chip designs
CALIFORNIA-based Synopsys Inc, provider of electronic design automation (EDA) software, has announced that it has partnered with ARM for a book - the Verification Methodology Manual (VMM) for SystemVerilog. The book details with functional ... More

Satyam bags GSM deal from WHO
THE World Health Organisation (WHO) has chosen Satyam Computer Services Ltd to implement its Global Management System (GSM), the IT company announced on Monday. Satyam claimed that this multi-million dollar deal marks one of its largest wins ... More

Exensys to unveil product upgrade
EXENSYS Software Solutions Ltd, the Hyderabad-based enterprise solutions provider, is set to launch its Exensys Version 3.0 at Gitex (Gulf Information Technology Exhibition) 2005. In a statement, the company said Exensys Version 3.0 is a ... More

SQC to launch R&D initiative for IT cos
SOFTWARE Quality Centre (SQC), Bangalore-based process improvement consulting and management advisory firm, is rolling out an R&D initiative on best practices for the IT and IT-enabled services industry in the small and medium sector. Mr ... More

IBM Lotus support centre
PUNE: IBM has chosen Pune to house the first IBM Lotus technical support centre to cater to Asia Pacific clients. Housed in the IBM India Software Lab in Pune, the centre will extend support services on workplace portal and ... More

IT TRAINING


BL CLUB
`Rural computer education a billion dollar industry'
"THE next big thing in the computer industry is happening in the rural areas. Educating the rural population is a billion-dollar industry," said Mr L. Balasubramanian, President, `K-12 business', a strategic business unit of NIIT, to the students ... More

IPR


Remittag Soft files for 8 e-learning tool patents
E-LEARNING solutions that address the need of corporations by helping save training costs and expedite learning process are commonplace. How about customised software for an individual - a youth, a teacher, or someone taking a competitive ... More

MERGERS & ACQUISITIONS


Hutch signs pacts to acquire BPL cos, Essar Spacetel
HUTCHISON Essar Ltd has entered into binding agreements for the acquisition of BPL Mobile Cellular and BPL Mobile Communications for $1.15 billion (Rs 5,060 crore); it has also signed a conditional agreement for acquiring Essar Spacetel Ltd for ... More

E-GOVERNANCE


Sweden invited to invest in e-governance projects
THE Union Minister of Communications and Information Technology, Mr Dayanidhi Maran, has invited Sweden to invest in India's e-governance projects and telemedicine. Sweden has implemented e-governance and telemedicine in a big way, and India ... More

EVENTS


`Big Indian presence at Gitex expo'
INDIAN IT companies under the aegis of the ESC (Electronics and Computer Software Export Council), are participating in a big way in Gitex Dubai 2005, which is being held at the Dubai International Convention Centre. Around 52 Indian comapnies ... More

RIGHTS ISSUE


Goldstone Tele to hike capital
HYDERABAD: Goldstone Teleservices Ltd is set to increase its authorised share capital from Rs 10 crore to Rs 17 crore. The board has been authorised to offer and allot 2.10 crore equity shares of Rs 4 each for cash at a premium of Rs 11 ... More

TRENDS


Insurers get aggressive with tech adoption
The IT spend of the insurance sector which is less automated in comparison to banking is estimated at Rs 100 crore per annum. More



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