INFO-TECH
STORAGE
Acer forays into enterprise storage
ACER India Pvt Ltd on Thursday announced its foray into the enterprise storage market with Acer Storage Centre (ASC), its storage networking infrastructure solution. The company expects to garner a seven per cent market share in the estimated Rs ...
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OUTSOURCING
Progeon, Hazell Carr ally to tap pensions market
PROGEON, the business process outsourcing (BPO) subsidiary of Infosys Technologies, has entered into a strategic alliance with Hazell Carr to tap the pensions market in the United Kingdom. Hazell Carr, the UK-based business process management ...
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TELECOMMUNICATIONS
BSNL goodies for mobile users
IN an aggressive move aimed at attracting more subscribers even as it encourages customer loyalty, Bharat Sanchar Nigam Ltd (BSNL) has announced free talk-time valued between Rs 150 and Rs 75 per month for all its post-paid mobile users who ...
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INFRASTRUCTURE
TN clears Rs 127.41-cr IT Expressway
ALMOST a year after it was announced, the Tamil Nadu Government has approved the Rs 127.41-crore IT Expressway in Chennai - upgrading the existing road from Taramani to Siruseri and then on to Mahabalipuram. The Taramani-Siruseri stretch is ...
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FINANCIAL PERFORMANCE
HCL net up 13 pc in Q2; dividend at 100 pc
SOFTWARE developer, HCL Technologies, on Thursday said its net profit for the second quarter rose 13 per cent year-on-year to Rs 91 crore on higher revenues and more clients. Gross revenues of the company in the second quarter ended December ...
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MRO-TEK net up 73 pc in Q3
MRO-TEK has reported a 73-per cent increase in its net profit for the three-month-ended December 2003, while its revenue grew marginally over the corresponding previous quarter. The net profit for the quarter under review stood at Rs 2.77 ...
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HARDWARE
Xerox to roll out 20 new products
XEROX Corporation, manufacturer of copiers and printers, has said it expects business in the country to grow significantly this year as it plans to introduce more products and strengthen marketing operations. "We are launching 20 new products ...
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SOFTWARE
Oracle Warehouse tool with radio tags
THE next version of Oracle Warehouse Management software will include the new radio frequency identification (RFID). This would help suppliers comply with the recent mandate from Wal-Mart, one of the largest retail chain stores in the US, and ...
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`IT industry must focus on quality, quick delivery of solutions'
IT was an overall assessment of IT industry, its capability, strengths, and weaknesses at the Corporation Bank Endowment lecture on "IT and Indian industries" at the National Institute of Technology, Karnataka at Surathkal on ...
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MERGERS & ACQUISITIONS
Parent holds 85% stake in HealthScribe India
HEALTHSCRIBE India Pvt. Ltd has become a subsidiary of its parent company HealthScribe Inc, as the latter has bought 62 per cent of the equity, earlier held by Max India for $10.3 million With this, HealthScribe has increased its stake to 85 ...
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E-GOVERNANCE
ELCOT, Oracle tie up to promote e-governance
ELECTRONICS Corporation of Tamil Nadu (ELCOT) and Oracle India on Thursday signed a memorandum of understanding by which Oracle would partner the Tamil Nadu Government in its e-governance initiative. Asked to comment on the significance of the ...
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ECONOMIC OFFENCES
Hi-tech fraud
One of the Mobile Cartel Point of Sale outlets of Lockpole Technologies in Kochi. Businessmen in the State have lost money by paying for its distribution franchise. Police at the Ernakulam Central Station say Lockpole Technologies is a fictitious ...
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