The Hindu Business Line : Wednesday, February 06, 2002

Opto plans pvt placement to part-fund US buy
OPTO Circuits Ltd plans to place a part of its equity with some of its overseas clients to part-fund its proposed acquisition of an US healthcare firm, Managing Director, Mr Vinod Ramnani, has said. "We are looking at several options with our ... More

ESOPS

Digital GlobalSoft okays stock options
BANGALORE: Digital GlobalSoft Ltd informed the BSE that the HR committee of the board of directors had approved 22,500 stock options to be granted to its directors under the employee stock option plan, as on October 19, ... More

TELECOMMUNICATIONS

Funds tied up: Tatas
THE Tatas would be acquiring the 25 per cent equity stake in Videsh Sanchar Nigam Ltd (VSNL), through a Special Purpose Vehicle (SPV). The main participant companies in the SPV, will be the Tata Group's main holding company, Tata Sons, and Tata ... More

Hughes Tele likely to apply for ILD licence
HUGHES Tele.com (India) Ltd (HTIL), the telecom subsidiary of Hughes Network Systems, is likely to pick up a licence for international long-distance (ILD) services, which have just been opened up for competition. According to Mr Prakash C. ... More

Tatas hit jackpot with VSNL
THE Tata group seems to have hit a jackpot by acquiring strategic stake in Videsh Sanchar Nigam Ltd (VSNL). According to analysts, with one stroke, it will be able to be a dominant player in the international long-distance (ILD) and Internet ... More

The Tata `relief' for VSNL staff
RELIEVED! That's the sentiment echoed by several employees of Videsh Sanchar Nigam Ltd (VSNL) in reaction to the Tatas acquiring 25 per cent stake in the telecom giant. And this relief stems from attributes such as job security, strong human ... More

Govt happy with VSNL price: Mahajan
THE Government is "happy" with the price it received from the Videsh Sanchar Nigam Ltd (VSNL) disinvestment announced on Tuesday, according to Mr Pramod Mahajan, Minister for Communication and Information Technology & Parliamentary ... More

SOFTWARE

Nasdaq to update trading platform
NASDAQ, the US-based global leader in the electronic-based trading market, is preparing the ground to launch the next-generation market platform, `SuperMontage'. The new platform, which uses a redesigned Nasdaq Workstation-II to include the new ... More

TCS to help develop AP Buddhist sites
TATA Consultancy Services, the software services major, on Monday signed up with the Andhra Pradesh Government to prepare a tourism Master Plan focussed on development of the Buddhist circuit in the State. Under the terms of agreement, TCS will ... More

Accel scouting for software cos
THE Chennai-based Accel ICIM Systems & Services Ltd hopes to increase its revenues from software and services segments for which it plans to go for acquisitions. It is looking at three companies in the networking and software sectors, ... More

NEW PRODUCTS & SERVICES

IRIS launched in Coimbatore
COIMBATORE: Coral Telecom has launched the Integrated Voice and Data Service (IRIS) series of high-end EPABX systems here. IRIS, according to Mr Rajesh Tuli, Managing Director, Coral Telecom is an indigenously designed switch, capable ... More

ALLIANCES & JOINT VENTURES

Siemens, Polycom join hands
BANGALORE: Siemens Ltd and Polycom Inc on Tuesday announced that they were combining their expertise in the convergence of interactive voice, video and data communications in order to provide premium quality IP-ready audio and video ... More

ISPS

Govt decision on prospective ISPs soon
THE Government is likely to take a decision soon on releasing bank guarantees of the ISP licensees who have not yet started operating. This was disclosed by Mr N.K. Mangla, Senior DDG, Department of Telecommunications (DoT), while inaugurating ... More

STANDARDS & BENCHMARKS

Acer bags ISO certification
BANGALORE: Acer India has been granted certification to meet ISO 9001 2000 standards for their manufacturing facility at Pondicherry. The certification approves Acer India's quality management systems for design and development of ... More

Canbank Computer granted ISO 9001
BANGALORE: Canbank Computer Services Ltd, a subsidiary of Canara Bank providing solutions for banking and finance sectors, has been awarded the revised ISO certification, ISO 9001:2000, by BVQI. The certification was a significant ... More

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