Financial Daily from THE HINDU group of publications
Friday, September 02, 2005
Markets (Sept 1)
BL 2502374.33 (+6.64)
BSE Sensex7876.15 (+70.72)
S&P CNX Nifty2405.75 (+21.10)
US Dollar (Buy/Sell)43.97/44.11
Gold Std (10 gm)6285 (+35)

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INFO-TECH

BUYBACK


MphasiS board meet on Sept 10 to take up buyback
SOFTWARE services firm MphasiS BFL Ltd said on Thursday its board of directors would meet on September 10 to consider a proposal for share buyback. The company is in a silent period and that the board would be considering an enabling ... More

OUTSOURCING


TCS, Infosys clinch deals worth $400 m from ABN Amro
IN one of the biggest global IT outsourcing deals in recent times, Indian vendors Tata Consultancy Services (TCS) and Infosys Technologies have clinched a total of just over euro 300 million ($400 million) worth of business from Dutch financial ... More

TELECOMMUNICATIONS


`Delhi mobile operators must buck up on services'
THE Telecom Regulatory Authority of India (TRAI) on Thursday said cellular operators in Delhi have not set up adequate infrastructure to accommodate the growing subscriber base thereby resulting in poor coverage, call drops and heavy congestion. ... More

HARDWARE


SiloconLabs launches 2-way X View monitors
X View from SiloconLabs offers back-to-back monitors that allow two or more users seated across from each other to simultaneously view, share and work with the same digital content, including Web, on a laptop or desktop computer, according to Mr ... More

SOFTWARE


Eveready to invest Rs 5.5 cr in Oracle e-Biz suite
AS part of its efforts to reduce costs and improve forecast accuracy, among other things, Eveready Industries India Ltd (EIIL) is implementing the Oracle E-Business Suite enterprise application software on a Linux platform at an investment of Rs ... More

AppLabs in Red Herring Asia 100
APPLABS Technologies, a software testing and development services company, announced it has been named one of the Red Herring 100 private companies of Asia. This inaugural award programme recognises the most promising and innovative private ... More

INTERNET


`.in' domain registers over 1.3 lakh users
THE number of `.in' registrants has crossed 1.3 lakh, generating a revenue of Rs 9 crore since January. The Department of Information Technology (DIT) and National Internet Exchange of India (NIXI) had taken the initiative to re-launche the ... More

MERGERS & ACQUISITIONS


Oracle may completely take over i-flex
AFTER the recent buy of Citicorp holdings, which accounts for 61 per cent stake in the financial product company, Oracle Corp has indicated that it might completely take over i-flex Solutions. Mr John Wookey, Senior Vice-President, ... More

E-COMMERCE & E-BUSINESS


Net trading still on low key at stock exchanges
"FIVE years since Internet trading was launched on Indian bourses, volumes continue to be far below expectations," Mr C.J. George, Managing Director of Geojit Financial Services Ltd, said. With the additional convenience and instantaneous ... More

INTERVIEW


`To open opportunities in Europe'
THE ABN-Amro IT offshoring deal, the largest deal in recent times, has made industry watchers sit up and take notice. TPI, a global sourcing advisory firm, has advised ABN-Amro on the deal. Business Line spoke to Mr Siddharth A Pai, ... More

SECURITY


Nasscom for stronger enforcement against IT crimes
THE National Association of Software and Service Companies (Nasscom) on Thursday said that there was a need to enforce the provisions of the Information Technology (IT) Act and that it was "reasonably happy" with the amendments proposed by a ... More

EVENTS


IEEE seminar from today
THIRUVANANTHAPURAM: Prof N. Balakrishnan, Chairman, Division of Information Sciences, Indian Institute of Science, Bangalore, will open a two-day seminar national seminar on information security (ISEC) here on Friday. The Institute of ... More

OUTLOOK


ABN Amro deal to have no impact on margins: TCS, Infy
TATA Consultancy Services and Infosys Technologies said on Thursday that the ABN Amro deal would not have any impact on their profit margins. "Though our pricing was attractive, there will not be any impact on the margins," said Mr S. ... More



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ABN Amro deal to have no impact on margins: TCS, Infy


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In Depth

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Looking back
Aug. 21-Aug. 27
Baring's stake sale delay — MphasiS may see higher attrition

TCS eyeing life sciences, diagnostics sectors

Bharti in $125-m deal with Nokia for rural network expansion

India, Japan sign pacts for collaboration in ICT sector

Panel favours severe punishment for video voyeurs

Pilot assessment programme on in NCR, Mumbai, Bangalore — Nasscom certification for BPO job skills

New convergence device from Sling Media — Watch your favourite TV channel on laptop, desktop or mobile

Novell keen to customise products for Indian market — Buys out partner in distribution venture


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