Financial Daily from THE HINDU group of publications
Saturday, March 08, 2003
Markets (March 7)
BL 2501067.91 (-15.11)
BSE Sensex3153.06 (-37.29)
S&P CNX Nifty1017.10 (-14.15)
Dollar (Buy/Sell)47.61/47.74
Gold Std (10 gm)5645 (+45)

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OUTSOURCING


Toyoto Fin of US outsources systems management to TCS
TATA Consultancy Services (TCS) has bagged an offshore maintenance contract from Toyota Financial Services of the US. This is the first time that the US operations of Toyota Financial Services has outsourced the management and process ... More

TELECOMMUNICATIONS


MTNL to seek fresh tenders for new billing system
THERE seems to be no end to the woes of telecom major Mahanagar Telephone Nigam Ltd (MTNL). It has been a year since it started cellular services - Dolphin - in the largest telecom markets of Delhi and Mumbai. But while the private ... More

STOCKS


Heightened activity in Moser-Baer
THE Moser-Baer stock was among the counters, which resisted today's sell-off pressure, but yielded some ground towards the end. The stock moved up to Rs 222.50 after opening at yesterday's closing level of Rs 217.55 on the Bombay Stock ... More

SOFTWARE


Trustix solutions for Sahara TV
SHAF Broadcast Pvt Ltd, the Indian business partner of US-based Trustix, has announced that it has installed the Trustix Linux network security solutions for Sahara TV. " Sahara has taken four out of the five Trustix security products ... More

`Canada connectivity drive is big chance'
The Canadian Federal Government has embarked on a broadband network connectivity project that will cover the whole of Canadian cities and inhabitations by the year 2005. More

TCS to co-develop GSI product
MUMBAI: Tata Consultancy Services (TCS) has entered into an alliance with Globalsoft Innovations Inc (GSI) to jointly invest in the development of GSI's flagship convergence product suite, iFusion. TCS would co-develop GSI's product ... More

NEW PROJECTS


Kedia Info plans Rs 8-cr smartcard plant
"These smartcards supported by magnetic strip readers can be used for various applications such as ATM cards, prepaid phone cards, provisional stores as also clubs where loyalty is to be built." More

INCOME TAX


I-T slaps notices for `software buys'
THE Income-Tax Department has slapped notices on several software companies and those that use data link asking them to pay withholding tax of up to 20 per cent on the software they use. Companies that have leased data link from AT&T and ... More
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In Focus
Run-up to Budget
Kelkar Report
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Telecom Competition
Oil PSUs: Disinvestment dilemma
Housing Fin. rate war: Bonanza for consumers!
NPAs in Banking
In Depth
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NRIs & Investment Avenues
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Cars: Always a beauty
Books and Reviews
Looking back
Feb. 23-Mar. 1
UPS plans to launch `Internet' shipping

DoT reservations over higher FDI in telecom sector

Rs 1,300-cr debenture issue — Tatas allowed to pledge 25 pc VSNL equity

`India should look closely at Africa'

'Tax sops to IT sector will yield more jobs'

Malavalli, Parikh in Hall of Fame

Tribunal approached against TRAI orders

Ford's IT spend cut may hurt Satyam: Analysts

Higher FDI a boon to cellular majors


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