The Hindu Business Line : Wednesday, December 17, 2003

Lehman Bros' decision to stop outsourcing IT helpdesk — Wipro, TCS downplay impact
WIPRO has remained non-committal about the extent and impact of the Lehman Bros decision to take helpdesk work back home. In what is seen as another sign of the backlash against outsourcing in the Western markets, Lehman Bros is reported to ... More

Laser Soft plans BPO services
LASER Soft Infosystems Ltd has finalised plans to commence offering business process outsourcing (BPO) services early next year. The Chennai-based company plans to invest about Rs 1.5 crore and employ around 100 people in the centre. Under ... More

TELECOMMUNICATIONS

BSNL not worried about surrender of fixed lines — Sees 5% increase in turnover
BHARAT Sanchar Nigam Ltd is not worried about its subscribers surrendering their fixed lines. "There may be ample reasons for that. The customers now have more choice (fixed line, cellular and limited mobility services)," Mr Prithipal Singh, ... More

AirTel expense tracker service

HARDWARE

Abee Info outlets for printer cartridges
THE Pune-based Abee Info Consumables Ltd plans to set up a supershop for printer cartridges. Talking to Business Line, Mr B.B. Somani, Managing Director, Abee Info, said the company would set up a supershop under the brand name of Abee ... More

FM assures support to hardware sector
THE Finance Minister, Mr Jaswant Singh, on Tuesday assured the hardware industry that the Government would take all possible steps to ensure the growth of the domestic IT market and the sector. At a meeting with representatives of the e ... More

SOFTWARE

TN software exports
MADURAI: Despite registering a high growth rate in software exports and Chennai housing some top IT firms, Tamil Nadu is yet to emerge as a major player in the industry, compared to Karnataka and Andhra Pradesh, said Mr Vivek ... More

Cadence Design sets up VLSI centre in CVR engg college
CADENCE Design Systems Inc, a global player in electronic design automation (EDA) tools space, has provided VLSI (very large system integration) design software and has helped create a VLSI centre in CVR College of Engineering in ... More

Goldstone Tech bags 2 deals

HUMAN RESOURCES

'Free flow of human resources essential for services sector'
DEVELOPED countries cannot block free flow of human resources, where countries like India, with a large talent base powered by youth, can play a significant role, according to Mr B. Ramalinga Raju, Chairman of Satyam Computer Services ... More

MERGERS & ACQUISITIONS

i-flex board okays SuperSolutions buy
THE i-flex Solutions' board today approved the acquisition of SuperSolutions Corporation in an all cash deal of $11.5 million. The board of SuperSolutions Corporation has also approved the deal. "This is the first step in the execution of our ... More

BMC Soft to buy Magic Solutions
BMC Software Inc, a provider of enterprise management solutions, said on Tuesday that it intended to acquire the assets of Magic Solutions from Network Associates for $47 million in a cash deal. Magic Solutions, a division of Network ... More

E-GOVERNANCE

ECIL develops e-governance project for Karnataka
ELECTRONICS Corporation of India Ltd (ECIL) on Tuesday announced the implementation of the Karnataka Valuation and e-Registration project (Kaveri) for the Karnataka Government that seeks to automate and streamline the workflow. The ... More

OUTLOOK

`Infrastructure top on Indian CIOs' agenda'
Security and cost control were seen as key business imperatives and top business trends for 2004. More

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