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Thursday, August 26, 2004

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TELECOMMUNICATIONS
BenQ unveils new mobile handset model
BENQ India Pvt Ltd, a subsidiary of the $ 3-billion Taiwanese digital lifestyle devices company, has introduced a new mobile phone model. Called the M 300, the phone comes with a 110 K integrated digital camera, said Mr G. Prasanna, Business ... More

Panel for full refund of licence fee to BSNL
THE Parliamentary Standing Committee on information technology has recommended full refund of licence fee and spectrum charges paid by Bharat Sanchar Nigam Ltd between 2001 and 2004. The committee has also urged the Finance Ministry to ... More

Operators must facilitate mobile data uptake: Gartner
DATA services will account for 20.5 per cent of total cellular revenues, equivalent to Rs 14,760 crore by 2008, said research group Gartner, at the Gartner Summit India 2004 here today. India's mobile services market itself will grow by a ... More

`Excel' waiting list cleared in Kerala Circle
THIRUVANANTHAPURAM: The Bharat Sanchar Nigam Ltd (BSNL), Kerala Circle, has announced that the waiting list for SIM pre-paid cards has been cleared in full. According to Mr K. V. Balasubramanian, General Manager (Mobile Services), BSNL, ... More

Tata Tele plans Australia office
MUMBAI: The board of directors of Tata Telecom Ltd on Wednesday granted approval for the setting up of a wholly-owned subsidiary in Australia, according to a notice issued to the stock exchanges by Tata Telecom. This would be subject to ... More

STOCKS
TCS shares close at 16% premium on debut
TATA Consultancy Services made its debut on the two premier stock exchanges on Wednesday, closing around 16 per cent higher than the issue price of Rs 850 per share discovered through book building on a price range of Rs 775 to Rs 900 per ... More

FINANCIAL PERFORMANCE
Domestic focus lifts HCL Info profits
BUOYED by growth in computers systems volumes and communications business, HCL Infosystems Ltd has registered 89-per cent rise in its consolidated net profit for the year ended June 2004 at Rs 175.1 crore, even as its fourth quarter profits grew ... More

HARDWARE
Karnataka to unveil IT hardware policy
KARNATAKA will announce its information technology hardware policy at Bangalore IT.com 2004, the State's annual information, communication and technology event to be held in Bangalore in the first week of November. The State Government also ... More

SOFTWARE
Shirdi Sai Trust gets 6.13 pc stake in Hughes Software
IF equity can be the best mode of investment, why not it be the best form of donation to God? That seems to be the view of Mr K.V. Ramani, Chairman of the Chennai-based Future Software. Mr Ramani has donated equity shares worth over Rs 100 ... More

SolidWorks sees India as key growth market
WITH the usage of 3D technology getting mainstream for engineering design and analysis, the product lifecycle management (PLM) market in India offers immense potential to global PLM providers such as SolidWorks. The Indian PLM/CAD/CAM market ... More

Fixed price project income pie shrinks for software cos
THE software industry continues to bag and execute projects more on the basis of `time and material' bids than fixed price-based contracts, indicating client preference for keeping control over the work they outsource. A look at the financials ... More

Sun targets SMBs with low-cost computing tool
SUN Microsystems announced the launch of its low-cost computing solutions, targeted at the small and medium businesses, in India on Wednesday. The company has tied up with the Singapore-based Net iTech Asia Pacific Pte Ltd and the ... More

MS to preview tools platform
NEW DELHI: Microsoft Corporation India Ltd has announced that it would preview Visual Studio Team System, its extensible life-cycle tools platform created for the developer community, and Visual Studio 2005, the latest edition of ... More

IT TRAINING
ProEd to provide subsidised IBM mainframe training
ProEd, an training solutions company, is to provide subsidised IBM Mainframe training to engineering and computer applications students who are not a part of the Regional Engineering Colleges and IITs. ProEd's cost for the students would be ... More

MERGERS & ACQUISITIONS
Shriram Propcare buys property info portal
BANGALORE: Shriram Propcare Ltd, a corporate relocation consultancy and a part of the Chennai-based Shriram Group, has acquired bangaloreproperty.com, a property information portal in an all-stock deal. The company declined to give the ... More

BROADBAND
Wi-Fi services to be de-licensed — States to decide on waiving entertainment tax on broadband
THE Government has decided to de-licence Wi-Fi services as part of its broadband policy to be announced later this month. It has also decided to take up with State Governments the issue of waiving entertainment tax on broadband subscription. ... More

Bharti Broadband bags Bank of India deal
BHARTI Broadband and Data Group has bagged a contract for the core-banking project of Bank of India. The project, would be implemented in association with Hewlett Packard India (HP) and involves setting up of a wide area network for providing ... More

IPOS
Hiccups in TCS allotments
THERE was a hiccup of sorts to the TCS IPO when it was discovered that shares had not been credited to around 25,000 applicants. Conceding that this indeed was the case, Mr C. Parthasarthy, Chairman of Karvy Computer Share (Registrars to the ... More




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