INFO-TECH
EMPLOYMENT
High-tech jobs getting scarce in US: Study
HIGH technology workers in the US are still facing chronic unemployment and a serious job deficit despite an economic recovery declared three years ago. A new report by the Centre for Urban Economic Development at the University of Illinois ...
More
OVERSEAS BORROWINGS
Reliance to raise $500 m to retire debt
RELIANCE Industries Ltd is raising an overseas syndicated loan of $500 million (around Rs 2,296.5 crore) to retire its costly domestic debt. Confirming the development, a company official said the deal was getting signed today with a consortium ...
More
AWARDS & HONOURS
Infy top scorer in survey
HARDWARE
`India must become IT hardware hub'
THE zero duty regime from next year must not deter India from pursuing its objective to become a IT hardware manufacturing hub, according to speakers at a seminar organised by the Manufacturers Association for IT Industry (MAIT) here. Citing ...
More
SOFTWARE
Avaya to continue as service hub in India
AVAYA GlobalConnect (earlier Tata Telecom) in which Avaya Inc, now has a majority stake, will continue to act as a strong service support hub in the country, as well as continue as a powerful distributor channel serving globally, with plans of ...
More
JM Morgan Stanley top TCS IPO mobiliser
JM Morgan Stanley Retail Services, which procured Rs 13,158 crore of Tata Consultancy Services IPO, or 33.4 per cent of the total demand, is the top procurer among brokers in the offering, said a news release from J M Morgan Stanley. The ...
More
Mastek AGM okays FII hike
PortWise opens demo centre
TBG bags Carrefour deal
Wipro sets up ECM, portal practice
INTERNET
Course Tech testing portal
IT TRAINING
C-DAC courses in IT
THIRUVANANTHAPURAM: The Centre for Development of Advanced Computing (C-DAC) has invited applications for certificate and diploma courses in information technology. Courses offered include a certificate in multilingual office ...
More
HUMAN RESOURCES
iGate to expand in Chennai
IGATE Global Solutions will hire about 500 IT professionals in Chennai in 6-12 months, thus doubling its employee base in the city. It currently has a 65,000 sq. ft. facility in Guindy and plans to add 35,000 sq. ft. in three months. The ...
More
MERGERS & ACQUISITIONS
HCL Tech to buy out Deutsche Bank stake in DSL Software
HCL Technologies plans to buy out Deutsche Bank's 49 per cent stake in joint venture company DSL Software, with the valuation process expected to commence by the end of the month. "As per the agreement announced in September, 2001, HCL Tech ...
More
ALLIANCES & JOINT VENTURES
Reliance bundles phones with Intel-PCs
RELIANCE Infocomm today announced an agreement with Intel to offer instant and high speed Internet connectivity with Intel-powered personal computers (PCs) and laptops sold across eight cities. Under this initiative, users purchasing systems ...
More
Fortune partners UshaComm
ENTERPRISE RESOURCE PLANNING
SAP begins road shows
Enterprise Resource Planning (EPR) vendor SAP plans to strengthen its presence in the mid-sized market. Having acquired 45 customers till September this year, the company is ontarget to bag 60 clients by the year-end. Addressing the media on ...
More
OFF-SHORE DEVELOPMENT
FIC to ramp up manpower; plans Hyderabad centre
FIRST Indian Corporation (FIC), a subsidiary of First American Corporation, a large data provider plans to ramp up its Indian operations to 4,200 people from the present 2,500 over the next two to three years. The company plans to set up a ...
More
E-GOVERNANCE
ICICI Info consortium bags VAT panel deal For tax information exchange system
The TINXSYS project would primarily facilitate information exchange between sales tax departments across the country and establish a database for all inter-State transactions.
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|