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Saturday, January 12, 2008
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BSE Sensex20827.45 (+245.37)
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INFO-TECH

OUTSOURCING
IceNet to offer technical support for US cos
Ahmedabad, Jan. 11 The Ahmedabad-based technology driven knowledge process outsourcing company IceNet is planning to offer technical support outsource solutions for companies in the US and Europe. The company is targeting SMEs in the ... More

AWARDS & HONOURS
Award for UBICS Technologies
Pune, Jan. 11 IT services organisation UBICS Technologies Pvt Ltd has announced that its India Development Center has been awarded the ISO 9001:2000 and ISO 27001:2005 certifications by the German Society for Certification of Management ... More

TELECOMMUNICATIONS
RCom to bring in cheaper mobile tariffs
New Delhi, Jan. 11 Reliance Communications on Friday said that its proposed GSM services will be based on quality and affordability platforms. The company confirmed that it has received spectrum from the Government to offer GSM mobile services ... More

INFRASTRUCTURE
Genpact signs pact with Unitech
IT major Genpact on Friday signed an agreement with Unitech Hi-Tech Structures Ltd to take up over seven lakh sq. ft of space in Infospace, an IT/ITES SEZ that is being developed here by Unitech Hi-Tech Structures Ltd. The agreement ... More

FINANCIAL PERFORMANCE
Infosys Q3: No bad news is good news
More

SOFTWARE
Infosys numbers fail to cheer up tech stocks
‘Profit taking was happening at higher levels’ More

Geodesic to raise $125 m thru FCCBs
City based IT company Geodesic Information Systems Ltd said on Friday that it will raise $125 million through the Foreign Currency Convertible Bonds (FCCBs) route to raise funds to finance future inorganic growth. The company intends to use the ... More

Robert Bosch begins work at Coimbatore unit
Coimbatore, Jan. 11 Robert Bosch India Ltd, the 100 per cent software subsidiary of Bosch in India, has further expanded its presence in Coimbatore. The company has commenced work at the SEZ premises in Keernatham in an area of 21.9 acres. The ... More

EOU to boost software industry in Tiruchi
Tiruchi, Jan. 11 A warehousing station for the limited purpose of setting up a 100 per cent Export Oriented Unit (EOU) would come up at Pirattiyur village in Srirangam Taluk in the district, under the Software Technology Park Scheme. ... More

HUMAN RESOURCES
‘Talent crunch not a worrying factor’
Industry eyes right skilling to expand labour pool: Pai More

MERGERS & ACQUISITIONS
Datacom gets suitors for stake sale
New Delhi, Jan 11 With more than 50 per cent of the applicants for telecom licences failing to get a nod from the Department of Telecom, companies such as Datacom, which received a letter of intent on Thursday, have suddenly become sought ... More

NEW PROJECTS
IAP plans new unit in Hyderabad
Software company IAP on Friday said it is considering setting up a new development centre in Hyderabad with a capacity for 500 professionals, as the company gears-up to tap opportunities in the booming Indian market. “We currently have ... More

SECURITY
Websense tops in security market
Technology analyst firm IDC has named Websense the global leader in Web security having 21 per cent share of the $1.2-billion market. Its market share is said to be more than the combined total market share of the succeeding two Web security ... More

BROADBAND
BSNL expands broadband in Dakshina Kannada
Mangalore, Jan. 11 The Dakshina Kannada Telecom District of Bharat Sanchar Nigam Ltd (BSNL) has expanded broadband service in many semi-urban and rural areas under its jurisdiction. Of the 250 telephone exchanges in Dakshina Kannada ... More

VENTURE CAPITAL
Nasscom, ICICI Bank float closed-ended fund
Mumbai, Jan. 11 IT trade body Nasscom has partnered with ICICI Bank to float a closed-ended fund with an initial corpus of Rs 100 crore for investing in early stage companies and emerging technologies. Christened Nasscom – ICICI ... More

OUTLOOK
US clients delaying budget decisions: Infosys CEO
More due diligence work being done due to macroeconomic conditions More

Rising Re: Infosys turns focus on Europe
Bangalore, Jan. 11 In an attempt to reduce dependence on US clients for revenues, in the wake of an appreciating rupee, Infosys is looking at other geographies with keen interest. The company sees great potential in the markets of Europe, ... More






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