INFO-TECH
OUTSOURCING
`Innovation can bring more global outsourcing to India'
The Nasscom Chairman, Mr B. Ramalinga Raju, has said that innovation in the IT sector has the potential to help garner a larger chunk of the overall global IT outsourcing pie. Speaking at the Nasscom Innovation Forum, Mr Raju said that ...
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TELECOMMUNICATIONS
Sony Ericsson to tap movies, sports arena
Plans to feature Indian music in a big way
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Lifetime prepaids huge success: TRAI study
WIN-WIN FOR ALL
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INFRASTRUCTURE
Kerala CM woos pvt players to build IT infrastructure
The State Government will encourage private sector participation in the creation of IT infrastructure, according to the Chief Minister, Mr V. S. Achuthanandan. Addressing an assembly of top honchos of MNCs at Technopark on Tuesday, the Chief ...
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TAXATION
Transfer pricing adjustments: Income-tax notice to IT cos
In a move that could have far-reaching implications on setting up new offshore units in India, the Income-Tax Department here has started issuing orders to IT and ITES captive companies relating to transfer pricing norms leading to revenue ...
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HARDWARE
Sahara to expand manufacturing capacity
Sahara Computers and Electronics Ltd (SCEL), which entered the Indian market in 2005, will set up two manufacturing facilities in Roorkee and Noida with a capacity to manufacture 3,000 and 2,000 units of computer products respectively per day. ...
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SOFTWARE
Manthan ties up with Teradata
Manthan Systems and Teradata, a division of NCR Corporation, have announced a global partnership to serve the retail industry. The two firms will deliver an "install-and-use" data warehousing and business intelligence platform ...
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Satyam to offer JD Edwards tools
Satyam Computer has announced that it will resell Oracle's JD Edwards applications to mid-market companies in India. This arrangement is an extension of Satyam's 10-year partnership with Oracle and will enable both organisations ...
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Path Info launches new solution
Path Infotech Ltd has launched SmartQ, an Oracle-based customer service centre management solution for banks, financial services, insurance, hospitals, railways, airlines, telecom, bill payment centres and citizen facilitation ...
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HUMAN RESOURCES
Human capital in short supply: Nilekani
There is a serious shortage of human capital for the IT industry, said Mr Nandan Nilekani, CEO, Infosys. Despite turning out five million graduates every year, he said there is a paucity of skilled professionals. "India Inc must seriously come ...
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Sutherland Global plans to add 7,000 globally
Half the new hiring will be in India
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MERGERS & ACQUISITIONS
MIC Electronics to buy out InfoSTEP
Hyderabad-based MIC Electronics, a player in Light Emitting Diode (LED) display systems, will acquire the remaining 49 per cent stake in US-based InfoSTEP before December 2007, according to Dr MV. Ramana Rao, Managing Director and CEO, MIC ...
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Hutch suitors face several, different hurdles
Each of the suitors that has lined up to buy into or buy out GSM operator Hutchison-Essar has its own distinctive hurdle to overcome. For a suitor who is an existing telecom player, such as Reliance Communications or Bharti Airtel, it would ...
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Rediff India buys stake in Tachyon
Quillpad tech adopted in e-mail, messenger service
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OVERSEAS INVESTMENTS
Zen Tech to set up UAE arm
The city-based company Zen Technologies Ltd has decided to establish a subsidiary in the United Arab Emirates (UAE), to tap the potential markets in West Asia and Africa. In a statement to the BSE, the company said a proposal to ...
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REGULATORY BODIES & RULINGS
Taxes extra on set-top rental rates
The Telecom Regulatory Authority of India (TRAI) has clarified that the prescribed tariff for rent and refundable security deposits for set-top boxes in CAS notified areas, is exclusive of applicable taxes. In an official ...
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ALLIANCES & JOINT VENTURES
Goldstone partners BSNL
Goldstone Technologies Ltd has informed the National Stock Exchange that the company has entered into a franchisee agreement with the State owned Bharat Sanchar Nigam Ltd (BSNL) on December 13, for providing Internet protocol television (IPTV), ...
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INTERVIEW
`Gauge the prime reason why the target wants to be acquired'
Meet Mr Narasimha Nayak, Calsoft's Chief Financial Officer (CFO), who has over two decades of experience in diverse areas such as finance, controls and audit, systems implementation, and most importantly M&A (mergers and acquisitions). Calsoft .
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EVENTS
Digital lifestyle expo gets good turnout
`Kochi has potential to be hub for IT usage'
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IPOS
Cambridge Tech IPO opens on Dec 29
Cambridge Technology Enterprise Ltd, a technology solutions provider for mid-sized companies in the US, is entering the capital market with a public issue of 63.15 lakh equity shares of Rs 10 each for cash at a price of Rs 38 per share (including ...
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STANDARDS & BENCHMARKS
CMMI level 5 for InApp Infotech
InApp Information Technologies, a Technopark-based software company, has been certified at CMMI Level 5. The technical auditing was performed by Software Quality Centre (SQC), a US-based CMMI certifying agency, said Mr Amarnath ...
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