Financial Daily from THE HINDU group of publications
Saturday, April 12, 2003
Markets (April 11)
BL 2501014.45 (-10.87)
BSE Sensex2997.87 (-37.46)
S&P CNX Nifty949.80 (-12.40)
Dollar (Buy/Sell)47.31/47.44
Gold Std (10 gm)5135 (+10)

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OUTSOURCING


CSC, Motorola sign outsourcing pact
`Motorola would not only gain improved cost structure but the flexibility to access modern tools, and industry-best practices across the IT spectrum.' More

TELECOMMUNICATIONS


Zip Telecom aiming at Rs 1,000-cr revenue
PAY phone maker Zip Telecom plans to install around one lakh instruments in the country and grow its revenues to Rs 1,000 crore within 12 months. "We are talking to all the telecom players and hope to clinch a deal with one of them by ... More

HARDWARE


MAIT urges excise duty cut to boost PC sales
PRICES of personal computers (PCs) could come down by Rs 3,000-5,000 and spur sales by 30-35 per cent if the Government cuts the excise duty to eight per cent from the current 16 per cent, the Manufacturers Association for Information Technology ... More

SOFTWARE


Aztec Software posts Rs 3.4-cr loss for year
AZTEC Software and Technology Services has reported a net loss of Rs 3.36 crore against a net profit of Rs 16.94 crore in the previous year. Revenues for the year slid by close to 38 per cent to Rs 43.85 crore as against Rs 70.39 crore a year ... More

Hughes sees much scope for BPO biz
HUGHES Software Systems (HSS), a global software outsourcing company and a subsidiary of the diversified Hughes Electronics Corporation, sees a growing scope for its business process outsourcing (BPO) operations including technical help-desk ... More

INTERNET


SBI plans to fund rural Net kiosks
IN a bid to bring the world to the doorstep of rural folk, the State Bank of India (SBI) has chalked out a mega plan to extend financial assistance to rural Internet kiosks. The bank proposes to finance at least 500 kiosks at 25 centres in each ... More

IT TRAINING


Computer training for kids
THIRUVANANTHAPURAM: The Institution of Engineers (India), Kerala State Centre, is conducting a special programme on home electrics, electronic projects, computer learning and higher education at the Institute of Engineers Hall in ... More

MERGERS & ACQUISITIONS


MosChip EGM for nod on Verasity buy-out
FOLLOWING an Andhra Pradesh High Court directive, MosChip Semiconductor Technology Ltd, a Hyderabad-based fabless semiconductor company, has issued a notice to shareholders convening a meeting on April 28, to take their consent for scheme of ... More

ALLIANCES & JOINT VENTURES


Magnasoft ties up with French firm
MAGNASOFT Consulting India Pvt Ltd, a Bangalore-based geographical information systems (GIS) solutions provider has tied up with FIT of France, a GIS services firm, to leverage complementary technology, project management skills and diverse ... More

E-GOVERNANCE


Electronic transaction society to set up HQ in Chennai
In collaboration with the private sector, the Government will create a Tamil Nadu Virtual Private Network linking all the Government departments to provide voice, data and video connectivity . More

PIRACY


Alliance cracks whip on software piracy
Software piracy worldwide, estimated at about 40 per cent by 2001, translates into losses of $10.97 billion. More
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Top Stories
MAIT urges excise duty cut to boost PC sales


8 per cent growth target realisable, says India Inc — `Manufacturing, core sectors hold key'

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In Focus
Run-up to Budget
Kelkar Report
Bottled water: How safe is it?
Telecom Competition
Oil PSUs: Disinvestment dilemma
Housing Fin. rate war: Bonanza for consumers!
NPAs in Banking
In Depth
Simple Economics
Consumer Notes
Tax Talk
The Brahmananda collections
NRIs & Investment Avenues
Corporate Governance
Gold: Still the winner?
Cars: Always a beauty
Books and Reviews
Looking back
Mar. 30-Apr. 5
Shourie backs TRAI on tariff revision

PARAM Padma takes India to Big 5 league


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