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Thursday, July 13, 2006
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INFO-TECH

STORAGE
Hitachi introduces virtual tape library
Hitachi Data Systems, a wholly owned subsidiary of Hitachi Ltd introduced a virtual tape library (VTL). VTL allows customers to enjoy all the advantages of disk-to-disk backup without having to make changes to their existing backup ... More

OUTSOURCING
Satyam rated No. 2 outsourcing vendor
Satyam Computer Services Ltd has been ranked by the Brown-Wilson Group as the number two outsourcing vendor globally based on its annual survey of over 870 IT and ITES companies worldwide. Satyam improved its rank from number 19 in 2005. This ... More

AWARDS & HONOURS
HelloSoft in AlwaysOn list
HelloSoft Inc., a convergence technology solutions provider, today announced it has been chosen by AlwaysOn as one of the Top 100 Private Company award winners. HelloSoft was handpicked by the AlwaysOn editorial panel based on ... More

TELECOMMUNICATIONS
Maran rules out unbundling of BSNL, MTNL fixed lines for private players
`Wireless is going to dominate the world' More

TI to strengthen presence here
Setting up research & development centre in Chennai More

New range of GSM phones from Haier
Haier Telecom has launched its new range of GSM mobile phones in India with touch-screen facility. Speaking on the launch, Mr Arun Khanna, Managing Director, said "We wanted to be different from the market clutter and hence, a ... More

FINANCIAL PERFORMANCE
Infosys Q1 net rises 49 pc at Rs 794 cr
Highest-ever guidance: revenue and earnings outlook raised for financial year 2006-07 More

Strong Q1, rupee depreciation helped raise guidance: Nilekani
Mr Nandan Nilekani, Managing Director and CEO of Infosys, says that increase in business volume, depreciation in rupee and a strong Q1 have helped upping Infosys' financial year 2007 guidance. Excerpts from CNBC-TV18's interview with Mr ... More

Guidance several notches higher than expectations
Infosys: News Analysis More

iGATE Global Q1 net down at Rs 1.1 cr
iGATE Global Solutions reported a lower net profit of Rs 1.1 crore on revenues of Rs 181.6 crore for the first quarter ended June 30, 2006, compared to a net profit of Rs 1.4 crore on revenues of Rs 147.5 crore for the corresponding quarter the ... More

HARDWARE
Lenovo unleashed
Detaching itself from the IBM tag, Lenovo creates its own identity through a series of branding initiatives. More

Intel likely to invest Rs 238 cr in Bangalore
Expanding research and development facilities More

HCL unveils infrastructure tech solutions for BPO sector
PC with high security features launched More

SOFTWARE
Infosys lifts entire sector's morale
BSE-IT Index climbs 6.27 per cent More

Narayana Murthy to continue as chief mentor
Infosys Technologies said on Wednesday that its Founder, Chairman and Chief Mentor, Mr N.R. Narayana Murthy, would continue as Chief Mentor and Non-Executive Chairman post-retirement. Mr Murthy will be retiring from the services of the company on ... More

`Regulatory norms not helpful for small IT cos'
SEZ is not the solution, says Infosys HR head More

IT TRAINING
Borland in pact with Pragati
Borland India has announced a partnership with Pragati Software to offer training programmes to IT professionals and students on optimising software development and delivery through better processes and technology. As a Borland ... More

FIIs can buy up to 74% in Aptech
Foreign institutional investors (FIIs) can purchase under portfolio investment scheme, equity shares and convertible debentures of Aptech Ltd. FIIs can purchase up to 74 per cent of the company's paid-up capital, through primary ... More

BROADBAND
AP broadband project to be ready next year
The Chief Minister, Dr Y.S. Rajasekhara Reddy, has promised State support for the ambitious Aksh Broaband project that seeks to take optical fibre to homes and provide broadband connectivity. The project progress, reviewed by the Chief Minister ... More

IT-ENABLED SERVICES
Diary of a call centre victim
It may make economic sense to push for an army of outsourcers, but customer relationship should never be outsourced, says the writer. More

OUTLOOK
Operating margins likely to be stable
Infosys expects its operating margins to be stable and move in a narrow band of 31-32 per cent for the remaining quarters of the current financial year, said the Chief Financial Officer, Mr V. Balakrishnan. The new employee addition is expected ... More






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