INFO-TECH
OUTSOURCING
Hero Mindmine to offer training outsourcing solutions
HERO Mindmine, the learning and knowledge management division of Hero Corporate Services Ltd, part of the Rs 9,500-crore Hero Group, is all set to offer training outsourcing solutions to developed countries such as the UK and the US. "We are ...
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`Bush re-election good for Indian IT industry'
THE US President, Mr George W. Bush's return to the White House for a second term will auger well for the Indian IT industry, for the incumbent US President was not against outsourcing of jobs to India, according to Mr Vinod Gupta, Founder and ...
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TELECOMMUNICATIONS
DoT to impose Rs 150-crore penalty on Reliance Infocomm — Company given 7 days to respond to notice
BSNL had filed its complaint with the Government charging that Reliance was illegally routing long distance calls to avoid payment of `access deficit charges' (ADC).
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Fixed lines outnumber cellphones in most circles
WHILE the cellular subscription across the country has crossed the fixed line users base, in reality more than 50 per cent of the circles have a higher number of fixed line subscribers compared to mobile users. Of the 23 telecom circles in the ...
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FINANCIAL PERFORMANCE
Cranes Software Q2 net up 55 pc
BANGALORE: Cranes Software International Ltd, a global scientific and engineering software solutions provider, reported its second quarter-ended September 30 results with a 55 per cent jump in net profit at Rs 8.2 crore compared with Rs ...
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HARDWARE
`Govt thrust vital for hardware sector'
THE Government needs to adopt a multi-pronged strategy that seeks to boost the domestic hardware sector, complimenting the steady growth of the software services, to gear up to the challenges of the WTO (World Trade Organisation) regime. The ...
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ISMC woos Indian equity partners
INDIAN Semiconductor Manufacturing Company (ISMC), now in the process of finalising plans for a mega fab near here with a total outlay of $2.5 million (Rs 1,125 crore), is in parleys with the Central Government for equity participation to infuse ...
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SOFTWARE
Expansion plans for Technopark
THE Kerala State Information Technology Mission is in the process of finalising plans for expanding the Technopark Thiruvananthapuram. Land for this purpose has already been acquired very close to the Technopark's existing 156-acre campus, ...
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Emagia Corp commits $4 m for Indian R&D
EMAGIA Corporation of the US plans to invest over $4 million in the next 12 months as part of expanding its Indian R&D activities. The cash flow management solutions company, with development centre in Hyderabad, has initiated negotiations with .
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GTECH request to Kerala CM
THIRUVANANTHAPURAM: The Group of Technopark Companies (GTECH) has requested the Chief Minister to bring Technopark under the purview of the Essential Services Act. In a presentation made to the Chief Minister recently, the GTECH ...
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OFF-SHORE DEVELOPMENT
Intec Group firms up plans for software unit in Hyderabad
THE Intec Group Ltd, a $8 billion diversified engineering and manufacturing services provider with interests in IT and communications, has firmed up plans to acquire about 100 acres of land near Hyderabad to locate both a software services ...
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IT-ENABLED SERVICES
ECGC may soon offer products to cover ITES exports
THE Export Credit Guarantee Corporation of India Ltd (ECGC) may soon offer products to cover risks in exports of IT enabled services (ITES), according to its Chairman and Managing Director, Mr P.K. Dash. "We have so far had products for ...
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OUTLOOK
`Innovating is real challenge for IT players'
THE challenge that IT companies face today is one of differentiation rather than cost, according to the CEO of Aspire Systems, Mr Gowri Shankar Subramaniam. Speaking to Business Line, Mr Subramaniam, who was in the city for the launch of ...
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