Financial Daily from THE HINDU group of publications
Friday, April 18, 2003
Markets (April 17)
BL 2501009.19 (-14.66)
BSE Sensex2984.50 (-47.82)
S&P CNX Nifty940.70 (-17.95)
Dollar (Buy/Sell)47.31/47.44
Gold Std (10 gm)5165 (+25)

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INFO-TECH

OUTSOURCING


Convergys plans to expand India ops
CONVERGYS, the $2.3-billion outsourced contact centre service provider, plans to expand its India operations by hiring 20,000 people by the end of 2004 and is also looking to acquire 400-500 seat contact centre companies to enable such growth. ... More

TELECOMMUNICATIONS


ISD grey market thriving unhindered
Almost 50 per cent of the voice traffic from call centres bypasses the legitimate ILD operators and are being used to route ISD traffic to foreign destination. The outgoing traffic by this route is estimated at 100 million minutes per month. More

SOFTWARE


Wipro follows the Infy trend
DESPITE reasonably strong volume growth, Wipro Technologies — the global IT services division of the diversified Wipro, continued to experience margin pressure in the fourth quarter ended March 31, 2003. And after Infosys Technologies ... More

Wipro sees further dip in margins
"There's a drift towards application management services from application development. New clients are less relationship-driven and more mercenary", Mr Vivek Paul, Vice-Chairman told analysts. More

TCS leases SSI centre in Chennai
TATA Consultancy Services (TCS) has taken on lease the new software development centre of SSI Ltd in Chennai. TCS intends to occupy the centre for at least two years — till its own software development centre at Siruseri gets ready. ... More

IT TRAINING


  • University status for Ambani institute

    OFF-SHORE DEVELOPMENT


    Quintant to set up centre in east Europe
    BUSINESS services provisioning (BSP) start-up Quintant Corporation is planning to set up a near-shoring centre in eastern Europe to service its customers across Europe. Mr Sanjay Viswanathan, President and member of the board of Quintant Ltd, ... More

    E-COMMERCE & E-BUSINESS


    Oracle tool for Taj group
    ORACLE India, a subsidiary of Oracle Corporation, has announced that the Taj Group, India's largest hospitality group, has selected the Oracle E-Business Suite to streamline all back office operations of the hotels and offices across the Taj ... More

    E-GOVERNANCE


    Stress on infrastructure for success of IKM
    THE Information Kerala Mission (IKM), an ambitious project to computerise and set up a wide area network (WAN) connecting 1,215 local bodies in the Government, would need to strengthen infrastructure in order to fulfil the obligations spelt out ... More

    EVENTS


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    Top Stories
    HLL: Grappling with pricing pressure


    Motive forces for a new business model

    Early detection helps SBI cut NPAs by Rs 1,500 cr

    ISD grey market thriving unhindered

    Escap sees scope for 7% GDP growth

    CCD decision on preference to SCI irks shipping sector

    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
    Railway Budget
    Budget 2003-04
    Books and Reviews
    Looking back
    Apr. 6-Apr. 12
    HCL Tech bags $160-m BT deal

    i-flex issue: More in it than meets the eye

    BSNL loses 1.6 m landline users in one year

    Infosys forecasts take its toll on stock

    Pricing pressure to cramp growth: Infosys

    IT cos losing charm in campus recruitment

    MAIT urges excise duty cut to boost PC sales


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