Financial Daily from THE HINDU group of publications
Saturday, June 04, 2005
Markets (July 26)
BL 2502331.81 (+6.53)
BSE Sensex7552.77 (+47.17)
S&P CNX Nifty2303.15 (+11.40)
US Dollar (Buy/Sell)43.44/43.57
Gold Std (10 gm)6050

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INFO-TECH

ESOPS


PartyGaming to list on LSE, offers ESOPs to Indian staff
PROMOTERS of PartyGaming Plc, the operator of the Web site PartyPoker, sprung a surprise onthe company's employees by offering them stock options without any payment. The company will be partly offloading the promoters' holding, which ... More

TELECOMMUNICATIONS


TV content set to FLO(w) on to mobile handsets
HOW would you like to get your favourite TV channels streaming on your mobile handsets real time? Imagine seeing your favourite serial even as you drive home from office. In a bid to make this a reality, US-based Qualcomm is planning to launch ... More

POLICY


No licence needed for Citizen band equipment
THE Government has decided to de-license the use of low power devices (1 miliwatt) for electronically operated cranes on selected frequencies and use of low power equipment in the frequency brand 26.957-27.283 MHz commonly known as Citizen Band, ... More

e-centre aspirants called for
THIRUVANANTHAPURAM: Individual entrepreneurs can now apply for setting up some 1,112 Akshaya e-centres, featuring a minimum of five computers, under the Akshaya scheme of the State Government. The new e-centres are being set up in the ... More

STOCKS


VisualSoft riding on sound prospects
The VisualSoft stock is ruling firm on expectation of improving fundamentals of the company, including its BPO business, during the current fiscal. The counter moved up by about one per cent to close at Rs 119.85. From a 52-week low of Rs 105 ... More

HARDWARE


AP semiconductor fab unit to go critical next year
THE Chairman of Intellect Inc, Dr June Min, who has signed up with the Andhra Pradesh Government to set up a semiconductor fab, claimed that production would begin by July 2006. He was assured support by the Andhra Pradesh Government for the ... More

SOFTWARE


In step with Infosys' global vision
SOFTWARE major Infosys Technologies expects about 100 students from 70 universities across the world to participate in its global internship programme — InStep — this year. The programme had attracted some 70 students last year. ... More

Software exports from SEEPZ down 20 pc
EVEN as India's software exports saw 34 per cent growth from last year, software exports at the Santa Cruz Electronics Export Processing Zone (SEEPZ) declined by nearly 20 per cent. Software exports from SEEPZ constitute about two per cent of ... More

REGULATORY BODIES & RULINGS


TRAI extends deadline for views on billing issues
THE Telecom Regulatory Authority of India (TRAI) has extended the date for submission of comments on billing issues in the consultation paper up to June 15. Representation from some stakeholders have been received requesting an extension of ... More

ALLIANCES & JOINT VENTURES


NEC forms joint venture with HCL Tech to develop tools
HCL Technologies Ltd and NEC Corp, Japan on Friday announced setting up a joint venture to provide advanced software engineering solutions for NEC and its clients globally. The joint venture would have a capital of $5 million. NEC and its ... More

IT-ENABLED SERVICES


Microland opens centre for UK co
MICROLAND Ltd has inaugurated a dedicated centre for providing remote IT infrastructure management services (IMS) to Serco Solutions, UK, a division of Serco Group Plc. The facility, with a 100 people on board, is expected to reach its ... More

OUTLOOK


USi to expand India operations
USINTERNETWORKING Inc, an application service provider (ASP), has sewn up plans to expand its Indian operations based out of Hyderabad and Bangalore. The company has moved to a new facility in Hyderabad after it recently concluded its agreement ... More

PEOPLE


CFO of EXL Service
NEW DELHI: EXL Service Holdings has announced the appointment of Ms Katy Murray as its Chief Financial Officer. Ms Murray has over 13 years of experience in the accounting and financial managementand will be based at EXL's headquarters ... More


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Top Stories
NBFCs allowed to borrow overseas


Fiat India looks to steer back with renewed efforts

NEC forms joint venture with HCL Tech to develop tools

Mines Ministry against disinvestment of Nalco

Hatchet to come down on indirect tobacco advertising

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In Focus

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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
May. 22-May. 28
Cell firms' Q4 revenues up 10.5 pc

Debtor days on the rise for bigger firms

Cell sites sharing: Rivals become partners

Marketics does away with `redundant' HR practices

Infosys ADS priced at $67; response huge


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