Financial Daily from THE HINDU group of publications
Saturday, July 05, 2003
Markets (July 4)
BL 2501301.69 (+3.47)
BSE Sensex3622.34 (-17.55)
S&P CNX Nifty1138.45 (-6.20)
Dollar (Buy/Sell)46.29/46.42
Gold Std (10 gm)5390 (+10)

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ANNOUNCEMENTS


Encore mulls cut in Simputer cost
SIMPUTER, the hand-held computer from Encore Software, is likely to become cheaper as the company has been initiating a series of efforts to significantly bring down the cost of the product. Customers can also expect many changes in styling and ... More

Wipro Q1 results on July 18
BANGALORE: The meeting of the Board of Directors of Wipro Ltd to consider and approve the audited accounts for the first quarter ended June 30 will be held over two days on July 17-18. However, the audited accounts would be finally ... More

TELECOMMUNICATIONS


`Mobile phones health concerns unproven'
CONSUMERS worried on whether their increasing dependence on electronic gadgets exposes them to electro-magnetic radiation can take some comfort with the Mobile Manufacturers Forum (MMF) asserting that the international consensus of expert bodies, ... More

Idea Cellular sees 100% growth in industry
AFTER the initial churn in the cellular telephony industry with the entry of Bharat Sanchar Nigam Ltd, the cellular industry will settle down to a more matured phase of growth and like the last year's experience, the industry is set to grow by ... More

Touchtel to invest Rs 100 cr in TN
TOUCHTEL, a basic telephone service provider in Tamil Nadu circle belonging to the Bharti group, plans to invest about Rs 100 crore during the current fiscal to expand its service in Tamil Nadu. The company has built up a customer base of ... More

STD facility for Spice customers
NEW DELHI: Spice Telecom, cellular service provider in Punjab, on Friday said its post-paid subscribers can use STD facility while they are roaming in five northern States even as it launched a multi media messaging (MMS) services. Spice ... More

SOFTWARE


New software launched to file returns
IN a taxpayer-friendly measure, the Income-Tax Department has released a software called `Sampark 2003-04' that would enable taxpayers to prepare their return of income for assessment year 2003-04. This facilitation scheme, which is available ... More

InfoTech plans foray into manufacturing
INFOTECH Enterprises Ltd (ITEL), the city-based Rs 125-crore software solutions provider specialising in geographic information systems (GIS), plans to diversify into manufacturing activities. Informing this to the shareholders, the ITEL ... More

Sasken tech for NEC phones
BANGALORE: Sasken, a telecommunications software company based in Bangalore, has announced that it is providing multimedia component technology for NEC's next generation FOMA phones. This agreement follows the successful usage of ... More

IT TRAINING


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    MERGERS & ACQUISITIONS


    `PeopleSoft-JD Edwards merger will impact market'
    THE combative spirits of major enterprise application solutions providers seem to be spilling over to the Indian context as well, with the proposed acquisition between PeopleSoft and JD Edwards and the Oracle bid for PeopleSoft and its likely ... More

    INTERVIEW


    Resume forwarding from JobStreet.com
    WITHIN days of e-enabling campus recruitment service — JobStreet Campus, a placement portal JobStreet.com has launched yet another service, this time, with a view to helping the job seeker community in reaching their career goal. ... More

    ISPS


    New tariff plan for Zipnet DSL
    IN a bid to reach out to the growing number of internet users in Coimbatore, Touchtel, a basic telephone service provider belonging to the Bharti group, today rolled competitive tariff plans for the Zipnet DSL (Digital Subscriber Line) that ... More

    OUTLOOK


    Newage eyes emerging markets
    POWER solutions provider, Newage AVK SEG (NAS) group, which set up its Indian operations in Pune recently, is firming up plans to grow its marketshare by tapping emerging markets and by offering complete solutions in power generation, protection ... More

    PEOPLE


    Sotas Indian arm gets new MD
    NEW DELHI: Sotas Inc, a global software technology company providing decision support solutions to telecom service providers, today said that Mr Ajay Wahi has been appointed the Managing Director of its Indian arm. Before joining Sotas, ... More

    TRENDS


    `Indian pros face economic test hurdle in EU'
    THE widespread use of the Economic Needs Tests (ENT) has emerged as one of the major artificial barriers preventing free movement of Indian service providers in the European Union countries. A status paper prepared by the Global Association ... More
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    New norms likely on auditor employment

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    Looking back
    Jun. 22-Jun. 28
    Wipro Q1 margins seen falling due to rate revamp

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    Offshoring deals a good prospect: Satyam

    Wipro goes in for just-in-time hiring


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