Financial Daily from THE HINDU group of publications
Wednesday, October 09, 2002
Markets (Oct. 8)
BL 2501025.43 (+5.15)
BSE Sensex2973.35 (+20.57)
S&P CNX Nifty960.80 (+6.05)
Dollar (Buy/Sell)48.30/48.43
Gold Std (10 gm)5270 (-20)

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TELECOMMUNICATIONS


Cross-connections at VSNL
The dispute between telecom giants — the long distance calls major, VSNL, and the domestic operator, BSNL — over call charges and revenues has cast a shadow over the disinvestment process. Their sparring has resulted in a face-off between Mr Ratan Tata, Chairman of the country's best-known industrial group, and Mr Pramod Mahajan, Communications Minister. G. Rambabu untangles the crossed wires. More

VSNL-BSNL dispute — Data Access opposes TRAI intervention
DATA Access (India) Ltd, the new entrant in international telephony, has objected to the Telecom Regulatory Authority of India (TRAI) intervening in the ongoing dispute between Videsh Sanchar Nigam Ltd (VSNL) and Bharat Sanchar Nigam Ltd (BSNL) ... More

STOCKS


Nasdaq gives Infosys top marks on `market quality'
THE Nasdaq Stock Market has prepared a case study to underscore what it has called `market quality' with regard to the leading Indian company listed on it: Infosys. The Bangalore-based IT major is said to have scored favourably in terms of ... More

HARDWARE


ESC to focus on hardware skills at CeBIT
THE Electronics and Computer Software Exports Promotion Council (ESC) will stress on India's skill in hardware at the forthcoming CeBIT 2003, the largest IT exposition to be held in Hanover, Germany. In a statement here today, ESC said that, ... More

Switching Circuit, Thailand co sign pact
LEONICS Co. Ltd of Thailand and Switching Circuit Pvt. Ltd, Kolkata, have signed a joint venture agreement for the manufacture of modern switching equipment, at the Technology Summit and Exhibition, which started here today. The Andhra Pradesh ... More

SOFTWARE


Govt moves to exit totally from CMC — To sell residual stake to Tatas
THE Union Government has initiated the process of exiting completely from CMC Ltd by selling its residual 26 per cent stake in the company to the strategic partner, Tata Sons Ltd. The deal signals the Government's resolve to press ahead with ... More

Satyam will support Microsoft solution
SATYAM Computer Services Ltd has announced its support for the new Microsoft Solution for UNIX Migration (MSUM), which will assist enterprise customers who wish to migrate from UNIX To Windows. Through the global alliance between Satyam and ... More

Satyam numbers get a facelift
THE induction of new equity partners into Satyam Infoway (Sify) is poised to give a facelift to the reported numbers of Satyam Computer (Satyam). The financials of Sify will no longer require to be consolidated with that of Satyam since the ... More

  • Satyam board meet on Oct 23

    INTERNET


  • SAIL Web site ranked third

    INDUSTRY ASSOCIATIONS


  • Computer dealers assn office-bearers

    HUMAN RESOURCES


    Blue Star set to hire Chinese code-writers — Plans to test new projects in Japan
    BLUE Star Infotech Ltd plans to hire Chinese code-writers for vanilla software development even as it plans to design and test new projects in the Japanese market. Faced with brutal rate wars from the Chinese vendors in the Japanese market, ... More

    INTERVIEW


    Shift in focus to products makes Logix upbeat
    LOGIX Microsystems Ltd found itself stranded among the rubbles of dotcoms whom it was servicing being a CRM company. The company started shifting focus to products and introduced a CRM product Izmocars - for automobile industry in the US. ... More

    BROADBAND


    ADSL leads broadband in Asia-Pacific region
    AS much as 65 per cent of the broadband Internet users in the Asia-Pacific region used the ADSL technology in 2001, according to a report by IDC, an IT market research agency. IDC said cable modem was the second most preferred mode of broadband ... More

    ISPS


    Sify's sigh of relief
    Months of speculation on who would invest in Satyam Infoway ended last week when Satyam Computers announced new strategic investors for the Internet services provider. With fresh cash infusion and a new spring in its step, Sify says it is now time to accelerate its business. V. Rishi Kumar and Vinay Kamath report on the twists and turns in the Sify saga. More

    VENTURE CAPITAL


    Venture capital meet
    BANGALORE: A two-day meet, Venture Capital Summit: Vision from the Crossroads, is being organised by the Confederation of Indian Industry here from October 10. The summit will address issues related to the changing requirements and ... More

    OUTLOOK


    Asia-Pacific IT spend to go up 6%
    The APAC region is growing faster than the worldwide market where IT spending is projected to a total of $2.3 trillion in 2002, 3.4 per cent increase as compared to 2001, according to the report. More

    PEOPLE


    Jayanth Varma on Progeon board
    BANGALORE: Progeon Ltd, the business process management subsidiary of Infosys Technologies Ltd, has announced that Prof. Jayanth R. Varma, Professor, Indian Institute of Management, Ahmedabad, has been appointed as an additional ... More

    S. Karthik is MD of Analog Devices
    BANGALORE: Analog Devices Inc, a global leader in high-performance semiconductors for signal processing applications, has announced the appointment of Dr S Karthik as Managing Director of its India Product Development Center (IPDC). In ... More

    NEW PRODUCTS & SERVICES


    Epson unveils toll-free HelpLine
    BANGALORE: Epson India, a total digital imaging solutions provider has announced the launch of its toll free HelpLine number — 1600 440011. Consumers can now get all the information and support they require on EPSON products ... More
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    In Depth
    Gender Justice
    Simple Economics
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    ESC sets up 3 panels to drive exports

    New Skies, Data Access in deal for satellite use

    TCS continues recruitment drive — Rs 100-cr development centre to be ready next year


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