The Hindu Business Line : Thursday, December 18, 2003

iGATE inks $20-m deal with ING Vysya
SOFTWARE maker, iGATE Global Solutions, has signed a $20-million IT outsourcing contract with ING Vysya Bank, spread over five years. Under the pact, iGATE Global will take over the responsibility of all data centre operations, systems and ... More

HARDWARE

Taiwanese firm plans to expand India operations
TAIWANESE telecom and IT major BenQ, has announced that it would be expanding its Indian operation by creating a new division Digital Media which will focus on growing its market share in the corporate and government segments. Mr Vishal ... More

Analog Devices develops new SHARC processors
ANALOG Devices announced the third generation of SHARC processors developed in its India Development Centre. The new SHARC processors provide the Industry's highest performance for consumer audio applications, said Mr Ashok Kamath, Managing ... More

SOFTWARE

Agilent lab gets Rs 42-lakh grant
BANGALORE: Agilent Technologies, a leading test and measurement software solutions provider for communications, electronics and the life sciences segment, has set up Agilent Technologies Communications Laboratory at M.S. Ramaiah School of ... More

HCL Comnet planning to beef up Chennai presence
HCL Comnet, a wholly owned subsidiary of HCL Technologies, is negotiating with the Tamil Nadu Government for space in or Chennai to expand and consolidate its remote infrastructure management operations in the city. Remote infrastructure ... More

Elind bags $2-m US contract
BANGALORE: Elind Computers, a Bangalore-based software products and solutions provider to the securities industry, has bagged a $2-million contract to implement its trading platform, STRIDE, for the Chicago-based Universal Exchange ... More

MERGERS & ACQUISITIONS

WebEx to buy Cyberbazaar
BANGALORE: Cyberbazaar, a conferencing company, said on Wednesday that it had signed a definitive agreement to be acquired by WebEx Communications Inc, a leading provider of Web communication services. Under the terms of agreement, ... More

TRADE & LABOUR UNIONS

Trade unions setting their sights on IT sector
IT is the sunrise sector. Not just for wannabe entrepreneurs, but for trade unions too. At the recently concluded national conference of Centre of Indian Trade Unions (CITU) in Chennai, trade union leaders have identified information technology, ... More

INTERVIEW

Kanbay ups investment plans, to recruit more
Unlike the customer-vendor relationship, we believe in the partnership model where the association is long term. More

E-GOVERNANCE

e-governance awards on Feb 4
MUMBAI: Mr R. Chandrasekhar, Joint Secretary for e-Governance in the Department of IT, Ministry of Communications and IT, and Dr N. Vijayaditya, Director-General, National Informatics Centre, Department of IT, MCIT, will serve on the panel ... More

OUTLOOK

Cisco bullish on key areas of focus
CISCO Systems is bullish about the revenue potential in the six key technology spaces it operates in - security, networked homes, IP telephony, optical networking, wireless LANs (local area network) and storage. The company is expecting to ... More

PEOPLE

New CEO for CMC
NEW DELHI: Mr Ramanathan Ramanan has been promoted as Managing Director and CEO of CMC Ltd. He succeeds Mr S.S. Ghosh, who retired on December 12. CMC, formerly a State-owned company, is now with the Tata Sons, which holds 51 per cent ... More

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