The Hindu Business Line : Saturday, May 18, 2002

Magma mulls R&D centre in Bangalore
MAGMA Design Automation Inc, a Nasdaq-listed company providing chip design solutions, is toying with the idea of setting up its third research and development centre in Bangalore. The US-based company, which boasts of a high precision ... More

TELECOMMUNICATIONS

`Telecom services to touch $14 b in 2006'
Growth is likely to be triggered by increasing deployment of telephone lines supported to an extent by the roll-out of wireless local loop, Gartner said. More

BSNL objects to Bharti ILD tariffs
BHARAT Sanchar Nigam Ltd (BSNL) has objected to the international long distance tariff structure of Bharti Telesonic Ltd, announced in end-April, which seeks to bring down the existing call rates by close to 40 per cent. According to informed ... More

Govt to revoke ban on PCOs in J&K
EVEN as war clouds are looming over the issue of "cross-border" terrorism in Jammu & Kashmir, the Government has decided to revoke its decision of banning STD/ISD public call offices (PCOs) in the violence-affected areas. According to official ... More

BSNL Bengal circle may see drop in revenue

SOFTWARE

TCS bags SBI order for core banking system
TATA Consultancy Services has won the award for supply, customisation and implementation of State Bank of India's centralised core banking system. The negotiations for what could be arguably the largest banking software project in country took ... More

Mahindra-British Tele net up 31%
MAHINDRA-British Telecom (MBT), the software joint venture between the Mahindra Group and British Telecommunications Plc (BT), has reported a 31 per cent rise in profit after tax to Rs 126.28 crore for the year ended March 31, 2002, as against ... More

INTERNET

Journeymart woos travel business
JOURNEYMART.COM, a vertical travel portal, is positioning itself as a mall on the Internet. According to its Chairman and CEO, Mr Gautam Chadha, the site focuses on providing the traveller with a host of travel choices. "We are inviting ... More

IT TRAINING

Bengal plans IT `centres of excellence'
IT majors Intel and Compaq are in talks with the West Bengal Government for setting up `centres of excellence' in both software and hardware, which will be linked to the State's academic institutions. The Minister for Information Technology, Mr ... More

MERGERS & ACQUISITIONS

Bathina boards approve merger swap
HYDERABAD: The board of directors of Bathina Technologies India Ltd and Bathina Medical Information Services Ltd, have decided to adopt the scheme of amalgamation of the two companies wherein the ratio of swap has been decided at ... More

ALLIANCES & JOINT VENTURES

Infosys pact with Jamaica bank
BANGALORE: Infosys Technologies Ltd has entered into a strategic technology pact with National Commercial Bank Jamaica Ltd for the deployment of its new generation enterprise banking e-platform comprising Finacle core banking solution, ... More

E-COMMERCE & E-BUSINESS

Postal dept allowed to offer e-enabled services
THE Union Communications Minister, Mr Pramod Mahajan, introduced the Indian Post Office (Amendment) Bill, 2002, in Parliament on Friday, proposing comprehensive changes to the Indian Post Office Act, 1898 (IPO Act). The Bill, among others, ... More

E-GOVERNANCE

Karnataka may adopt Linux
IN what could result in the first official endorsement for Linux in India, Karnataka is considering adopting this free operating system for the State's various e-governance projects. According to the State Minister for IT and Bio-Technology of ... More

EVENTS

ITES summit in Hyderabad from June 10
THE National Association of Software and Services Companies (Nasscom) has said it is hosting a two-day `Indian IT and ITES Strategy Summit 2002' in Hyderabad from June 10. The summit will not only provide a platform to address key issues and ... More

PEOPLE

Nandi appointed Bangalore Labs CEO
BANGALORE: Bangalore Labs has appointed Mr Joy Nandi as CEO, who continues as CTO of PlanetOne. The latter company had invested in Bangalore Labs last November. Mr Joy is to oversee Indian and Asia-Pacific operations, according to a ... More

Pradhan, Director of Media Lab
BANGALORE: Media Lab Asia announced the appointment of Dr Bishnu Pradhan, as Director, Technology Development and General Manager, Maharashtra Hub, according to a press release. Dr Pradhan's experience of working with the Government, ... More

TRENDS

Top cos see staff costs going up
INDUSTRY slowdown plagued the fiscal year 2001-02 for most of the Indian IT companies, compared to a spectacular run the previous year. And, to overcome the `severe' industry slowdown, one of the first things that companies did was to cut down ... More

NEW PRODUCTS & SERVICES

MS centre evolves product to integrate Unix, Windows
THE Microsoft Indian Development Centre, part of global major Microsoft Corporation, based at Cyber Towers in Hyderabad, has developed a versatile product that facilitates seamless integration of Windows with Unix services. The Product Unit ... More

Tektronix unveils oscilloscopes
BANGALORE: Tektronix has announced two new oscilloscope families for the low-cost oscilloscope market, according to a press release. The new TDS1000 and TDS2000 series digital storage oscilloscopes offer value, performance and usability ... More

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Q1 gold demand declines 40 pc

Top cos see staff costs going up

Govt hikes tariff value of palm group of oils

Vanishing cos: `DCA to go for hot pursuit'

`Third-party claim losses unsustainable': Oriental Insurance dives for cover

Home Trade bank accounts sealed

In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
May. 5-May. 11
Software cos see quarter-on-quarter net decline

Satyam may develop new centre for BPO

Do fresh jobs mean IT sector is seeing first signs of recovery?

Wipro: A model to emulate

Cheap rates come calling on Net -- US, Europe turn economical destinations

Cellular subscriber base crosses 6.7 m -- Bharti accounts for 14 lakh

Debtor days: A few cos have a grip