The Hindu Business Line : Friday, May 24, 2002

Prolease's D.M. Data sets up office
COIMBATORE: The US-based Prolease, in the business process outsourcing space, is on an acquisition spree. Prolease has managed since its inception in 1995 to acquire a controlling stake in about a dozen companies in the US. In ... More

TELECOMMUNICATIONS

Sotas offers to plug telecom frauds
TELECOM operators in the country, both basic and cellular, could be losing up to five per cent of their revenues annually due to frauds leading to network leakages and billing inaccuracies. While the world over, telecom companies have woken up ... More

TRAI may delay tariff order for WLL services
MUCH to the disappointment of basic service operators, the Telecom Regulatory Authority of India (TRAI) is likely to delay its revised tariff orders for wireless in local loop (WLL) limited mobility services. According to informed sources, the ... More

Bharti Mobile connects 120 towns in AP
The seamless highway connectivity will link the coastal belt and all commercial hubs in Andhra Pradesh. This has broadened the network, consolidating and enhancing its presence beyond major towns and highways, reaching out to the 23 districts in the State. More

SOFTWARE

Moschip pref issue to APIDC Venture Fund, 12 others
THE APIDC Venture Capital Fund, Gavva Estates, Dynamic Constructions are among the few who will pick up shares in the Hyderabad-based embedded systems firm — Moschip Semiconductor Technology Ltd. The Chief Financial Officer of Moshcip ... More

Infosys' efforts with Cisco on the upswing
INFOSYS Technologies Ltd's efforts with telecom equipment giant Cisco Systems is on the upswing with current manpower engagement swelling up to close to 350 from 150 in January this year, company sources said. Traction from Lucent Technologies ... More

Nucleus Software revenue up 74 pc
THE Delhi-based Nucleus Software Exports Ltd (NSEL) has announced a 74-per cent growth in its revenues for 2001-02 at Rs 62.29 crore. However, profits grew by a marginal 13 per cent due to increased personnel expenses during the fiscal. NSEL's ... More

TCS solution for Societe Generale
QUARTZ, the banking software of Tata Consultancy Services (TCS) has been chosen by the global banking services division of Societe Generale as the core system of the European platform for its International operations. An object-oriented package ... More

Altair plans to expand biz
``We expect a major growth in our India operations over the next few years, not only in terms of manpower but also in terms of increased role,'' Mr James P. Dagg, said. More

Software cos in Mumbai hit
Most companies have reported loss of man hours and an adverse impact on day-to-day business though critical projects were by and large unaffected thanks to UPS systems. More

HCL Tech rejigs investments
NEW DELHI: Software major HCL Technologies Ltd has said it has restructured its treasury investment portfolio, following the amendments proposed by Union Budget 2002 with regard to the tax treatment of dividends received from debt mutual ... More

Subex rights issue
BANGALORE: Subex Systems Ltd has informed the BSE that the board of directors at its meeting held on Wednesday has decided on a rights issue of equity shares to the existing shareholders of the company up to a size not exceeding Rs 20 ... More

Maars Soft to increase capital
CHENNAI: Maars Software International Ltd is to increase the authorised capital of the company to Rs 50 crore from the present limit of Rs 25 crore. The board of directors of the company gave their approval recently, says a company ... More

`Free software will boost IT penetration'
IT penetration in Kerala is set to receive a boost with the signing of the agreement between the Kerala Bureau of Industrial Promotion (K-Bip), an autonomous body under the Kerala Government, and the Free Software Foundation of India (FSF), for ... More

BROADBAND

BMP directive for laying cable wires

NEW PRODUCTS & SERVICES

Wipro launches pre-press solution
BANGALORE: Wipro Technologies, the global IT services arm of Wipro Ltd has launched Flow-briX — a solution for the pre-press publishing industry, a news release says. The Flow-briX framework will help publishers track, monitor and ... More

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US-64

Looking back
May. 12-May. 18
Digital to gain from HP-Compaq merger

I-T benefit denied to BSNL, MTNL

Rural foray deals blow to BSNL's revenue per user

Tata's open offer for VSNL oversubscribed

BSNL set to offer STD calls 30 pc cheaper: Pilot VoIP project under way

New licensing norms issued: Sharing of bandwidth for call centres allowed

Rediff revenues up 340 per cent: Net loss at $14.75 million

Top cos see staff costs going up