Financial Daily from THE HINDU group of publications
Wednesday, February 20, 2002
Markets (Feb. 19)
BL 2501115.06 (-15.32)
BSE Sensex3597.61 (-36.32)
S&P CNX Nifty1158.90 (-13.95)
Dollar (Buy/Sell)48.61/48.74

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INFO-TECH

PRIVATE PLACEMENT


MosChip to divest 25 pc by Feb 26 -- Plans to raise Rs 16 crore
CHIP-DESIGNING firm, MosChip Technologies Ltd, plans to divest up to 25 per cent of its equity stake in favour of financial institutions and corporates by February 26, the Chief Financial Officer, Mr Vivek Bhargava, has said. Recently, the ... More

TELECOMMUNICATIONS


Telecom tribunal extends stay on default routing
THE Telecom Dispute Settlement Appellate Tribunal (TDSAT) has extended its stay on the interim arrangement for distribution of all default mobile-to-mobile STD calls between Bharat Sanchar Nigam Ltd (BSNL) and Bharti Telesonic Ltd (BTSOL) on ... More

SOFTWARE


Syntel wins $30-m order from US healthcare firm
This is the first time that HCA has outsourced operations to India and the order, while not meeting the $70- million Lattice scale, is still large at $30 million over five years. More

MphasiS eyeing Chinese banking sector potential
AT a time when China is being looked upon as a potential threat to the Indian IT industry, MphasiS BFL Software is eyeing Chinese banks and insurance customers as potential customers. ``China represents an exciting market for us. Chinese banks ... More

IT TRAINING


BHEL launches IT school -- Signs pact with IIT-Madras
BHARAT Heavy Electricals Ltd (BHEL), Tiruchi, has launched a School of Excellence in Information Technology at its campus here. The school would conduct IT-related courses in association with IIT-Madras. A memorandum of understanding was ... More

ALLIANCES & JOINT VENTURES


Wipro forays into Bluetooth
WIPRO Technologies has announced a chip partnership with austriamicrosystems of Austria, a market leader in mixed analog/digital ASICs, to offer a broad range of customer solutions for the automotive, communication and industrial markets. ... More

Alopa, WOW ink pact
BANGALORE: Alopa Networks, a provider of fully integrated broadband subscriber solutions and operational support systems (OSS) applications, has announced that the US-based WideOpenWest (WOW), a provider of competitive cable television ... More

E-COMMERCE & E-BUSINESS


DotEx, BgSE arm sign pact for Net trading
DOTEX International, a joint venture company promoted by NSE.IT and i-flex Solutions Ltd, today signed a memorandum of understanding (MoU) with BgSE Financials Ltd, a subsidiary of the Bangalore Stock Exchange, to provide Internet trading ... More

IT-ENABLED SERVICES


Bangalore Labs shifts focus -- To get aggressive in Indian market
WITH the US sales cycles continuing to be long, Bangalore Labs, now part of 3D Networks, is focussing on the Indian market. ``North America is still the largest market around, which cannot be ignored,'' said Mr Umesh Malhotra, CEO. Mr Malhotra ... More

NEW PRODUCTS & SERVICES


ICICI Infotech launches Orion
MUMBAI: ICICI Infotech, a subsidiary of ICICI Ltd, has announced the launch of Orion — a suite of enterprise solutions (ES) targeted primarily at the small and medium enterprises (SME). The product is designed to address the ... More

Aztec unveils J2CS
BANGALORE: Aztec Software and Technology Services Ltd has announced the launch of J2CS, its application tool which converts Java to C#. Aztec indigenously developed J2CS application that is built using Microsoft's .NET platform. J2CS is ... More

Subex to launch RevMax
BANGALORE: Subex Systems Ltd, a Bangalore-based telecom software company, has announced that it is launching its revenue maximisation suite, RevMax, in the 3GSM World Congress being held at Cannes France from February 19-22. ... More


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