Financial Daily from THE HINDU group of publications
Thursday, February 16, 2006
Markets (Feb 15)
BSE Sensex10113.18(+26.55)
S&P CNX Nifty3022.20 (+4.65)
US Dollar (Buy/Sell)44.21/44.34


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INFO-TECH

OUTSOURCING


ITES-BPO exports may touch $6 b this fiscal
INDIAN ITES-BPO exports are estimated to grow to $6.3 billion by the end of fiscal 2005-2006. Exports from the sector had grown 48 per cent in 2004-2005, to $4.6 billion, up from $3.1 billion the year before, according to an analysis done by ... More

Citi set to close `Take or Pay' deal with Indian vendors
CITIGROUP, the global financial services giant, is in the advanced stages of signing a mega multi-million dollar five-year contract with multiple Indian vendors, of which Tata Consultancy Services is likely to bag a significant chunk. The ... More

TELECOMMUNICATIONS


DoT permits cell operators to offer Internet services
THE Department of Telecom has allowed mobile operators to provide Internet services, including the lucrative Internet Protocol (IP) based Virtual Private Network (IP-VPN), without any additional fee. The services until now were being offered ... More

Subex launches fraud management solution for telcos
SUBEX Systems has launched ONTrack, a software that helps telecommunication companies reduce losses due to subscriber delinquency. Cellular service providers are facing huge losses due to users who either deliberately or otherwise default their ... More

`Unified licence favours telecom sector' — Broadcasters want IPTV under cable law
TELEVISION broadcast companies including Star India, Zee Network and ASC Enterprises have told the Telecom Regulatory Authority of India (Trai) that the existing unified licensing regime was heavily loaded in favour of telecom operators. ... More

Nokia upbeat on mobile telephony — Sees value, volume growth in India
THE Vice-President - Customer and Market Operations (South-East Asian Pacific region), Nokia Corporation, Mr Mauro Montanaro, is quite upbeat about the future prospects for mobile telephony. "We seem to underestimate the market every year. Last ... More

INSIGHT


Consumer price index for telecom services — Monitoring access to connectivity
A telecom price index is a measure of the changes in access and usage prices and, hence, affordability of telecom services. To date, such an index has not been constructed in India, and it is needed now more than ever. More

HARDWARE


New Fujitsu notebook
BANGALORE: Japanese PC maker Fujitsu India has launched a new notebook - the LifeBook P7120. Designed for the cosmopolitan professional, this laptop has a cool black exterior and weighs 1.38 kg. "The P7120 offers biometric security ... More

SOFTWARE


New Take Solutions tool
CHENNAI: Take Solutions, a Singapore-based company with development centres in India, has launched an electronic product labelling solution called SubmitSPL. The solution will help bio-pharmaceutical companies to achieve "Structured ... More

US airline picks Ramco tool
CHENNAI: Virgin America, a US-based start-up airline, has selected the Maintenance and Engineering (M&E) software solution of Ramco Systems. The software is to automate the airline's M&E business processes and to integrate them with ... More

i-flex bags Wells Fargo deal
MUMBAI: i-flex Solutions has won a contract from North America-based financial services company, Wells Fargo, for its Reveleus Basel II Solution for an undisclosed amount. This follows the recent agreement between Oracle and i-flex ... More

MERGERS & ACQUISITIONS


Kanbay to buy US consulting firm — Secures $125-m debt facility
KANBAY, IT services firm focused on the financial services industry, has announced that it has signed a definitive agreement to acquire US-based Adjoined Consulting Inc. Speaking to newspersons, Mr Cyprian D'Souza, Managing Director, India and ... More

ALLIANCES & JOINT VENTURES


Infosys partners Spirit Aero
BANGALORE: Infosys has partnered with the US-based Spirit AeroSystems, an aircraft structure supplier, to set up an engineering centre in the campus. The centre will focus on high-end engineering services including product development, ... More

EVENTS


Innovate to grow faster: Ramadorai
WHILE India can grow its offshore IT and BPO industry by 25 per cent annually to reach revenues of $60 billion by 2010, another $15 billion to $20 billion can be added through deep innovation, driven by industry participation. The new mantra ... More

`US, India need to work together'
VENTURE capitalist Mr Pramod Haque of Norwest Venture Partners, has suggested that US and India should jointly explore the opportunity for the development of infrastructure to create next generation technologies. Such an arrangement would be in ... More

STANDARDS & BENCHMARKS


ISO 27001 for Satyam
HYDERABAD: Satyam Computer Services on Wednesday announced it has received the ISO 27001 — the new ISMS standard after the BS 7799 certification, for its global facilities by BVQI, UK. The certificate is the latest recognised ... More



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Top Stories
Survey throws light on poor state of school education


Reliance Petro raises $1.5 b loan for Jamnagar refinery project

Digital imaging catches on in Indian film industry

Reliance MF, Sundaram plan agri, rural funds

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$14-17/t hike in tariff values for veg oils

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`Service tax inflow may touch Rs 23,000 crore'

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Feb. 5-Feb. 11
Exensys revamping operations

GSM subscriber base grows by 3.5 m in Jan

CDMA operators add 1.4 m subscribers in Jan

Anti-money laundering software market set for bigger growth



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