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Saturday, August 14, 2004

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TELECOMMUNICATIONS
Warburg Pincus offloads 3.35 pc in Bharti Tele for Rs 960 crore
PRIVATE equity fund Warburg Pincus has offloaded a 3.35 per cent equity stake in Bharti Tele-Ventures for about $200 million (around Rs 960 crore) to bring down its holding in the telecom company to 15.17 per cent. The company had invested ... More

Big telecom mergers on cards: Mittal
THE Indian telecom sector, which is growing at nearly 100 per cent per annum, is projected to close at about 55-60 million subscribers this fiscal and is on course to touch the magical number of 200 million in about 5 years. The scene is now set ... More

Reliance Infocomm slashes prepaid tariffs
RELIANCE Infocomm on Friday announced drastically reduced tariffs and roaming rates for its wireless prepaid service, delivering a body blow to GSM operators, some of whom increased these tariffs over the last week. The new tariffs which have ... More

World Phone to launch global calling cards
INTERNET service provider World Phone Internet Services Private Ltd (WPISPL) has announced that it will soon launch its World Phone Premium (WPP) international calling cards in major cities of Karnataka. WPISPL has tied up with Paras ... More

BSNL releases 67,000 SIM cards in Kerala
THIRUVANANTHAPURAM: Bharat Sanchar Nigam Ltd, Kerala Circle, has released 67,000 `Excel' prepaid SIM cards for customers who had made the booking during March this year. According to Mr K. V. Balasubramanian, General Manager, BSNL ... More

AirTel customer service centre in AP
AIRTEL, a private telecom services provider, has commissioned its first 24x7 customer service centre in Andhra Pradesh. Located in a 60,000 sq. ft premises, it would house the company's State corporate office including switching centre, billing ... More

ENVIRONMENT
e-waste disposal a big challenge: Maran
WITH over 1,050 tonnes of electronic scrap being generated in India by manufacturers and assemblers of electronic items in a single year, the Minister for IT and Communications, Mr Dayanidhi Maran, has called for preventive steps to contain the ... More

STOCKS
NIIT to start trading on BSE, NSE from Aug 16
SHARES of IT training company NIIT Ltd would start trading on the Bombay Stock Exchange and National Stock Exchange from August 16. "NIIT shares had gone off the trading list of stock exchanges in the second week of July to facilitate credit of ... More

TAXATION
Make CBDT circular on BPO taxation explicit: Nasscom
THE draft revised circular on BPO taxation issued by the Central Board of Direct Taxes (CBDT) recently has evoked a strong reaction from several parties. While, the Associated Chambers of Commerce & Industry of India (Assocham) has demanded a ... More

SOFTWARE
India must tap scope of animation: Karnik
DESPITE India having strong entertainment and IT sectors, allied sectors such as animation and gaming have progressed little and need much support from the Government and the industry to go global, according to Mr Kiran Karnik, President, the ... More

FOREIGN DIRECT INVESTMENT
DoT supports hike in FDI cap
THE Department of Telecom (DoT) on Friday said that there was no change in the proposal to increase foreign direct investment in the telecom sector from 49 per cent to 74 per cent, which was announced by the Finance Minister in his Budget speech. ... More

HUMAN RESOURCES
`Management students must develop core competency'
MANAGEMENT students should be able to deal with uncertainties, have consulting capabilities,and develop core competency in a domain (sector). These are some of the entry-level qualities that software companies look for from management ... More

ISPS
Internet providers mull legal action against BSNL
INTERNET service providers are contemplating legal action against state-owned Bharat Sanchar Nigam Ltd for allegedly not providing resources, including leased line connectivity, which is crucial for the survival of the ISP business. The move ... More

EVENTS
Visual interest
IT professionals have a feel of upcoming technologies from Microsoft at TecheEd India 2004 in Chennai on Friday. TecheEd is a three-day conference organised by Microsoft Corporation India Pvt Ltd where Visual Studio 2005, Visual Studio 2005 team ... More




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Top Stories
Petro products sales rise 6.2 pc in July


Herbal healthcare firms focus on treating stress

Oilseeds, cotton coverage rises on monsoon revival

Rising interest rates may not hit debt-swap scheme

Big telecom mergers on cards: Mittal

Reliance Infocomm slashes prepaid tariffs

PM missive on PSE top brass appointment

Monthly cable bills set to go up

Looking back
Aug. 1-Aug. 7
ITES, software exports up 31 pc in 2003-04

Mastek keen to grow annuity businesses

Revenue per mobile user down 64 pc in 5 yrs

SAP to invest addl 20 m euro in Bangalore

India to log 84 pc growth in e-com revenue: IDC

BSNL threatens to discontinue leased line services

Tata Tele fixed wireless subscribers top 1 million

IDC sees `very strong' growth for BPO sector

Medical transcription back in demand

1.66 million new cell customers in July


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