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Monday, Feb 16, 2004

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Info-Tech - Events


Looking back

February 14

  • US citizens' earnings unharmed; weakens visa violations charge against Indian IT firms.

  • VSNL may buy broadband biz of Tata Power; due diligence on Dishnet DSL undr way.

  • Job loss fear grips Indians in US too.

  • Parts of Windows code leaked on the Net.

  • Data specific viruses on prowl.

  • ST Micro to open third design centre.

  • Cingular, Vodafone in race for AT&T Wireless.

  • ICICI One Source to offer scholarship to employees.

    February 13

  • DoT bid to prevent sell-off in Telecom Consultants.

  • Bearing Point sets up Chennai centre, to employ 2,000.

  • Wipro to expand Chennai operations; to set up base in Coimbatore.

  • Canon India records big growth in printer biz.

  • vCustomer to double revenue and headcount.

  • Reliance Info order for Israel co.

  • Virtusa sets up Chennai centre.

  • Compudyne pins hope on BPO foray.

  • Data typesetting units feeling the heat due to rising labour costs, attrition rates.

  • Reuters shifts jobs from US, UK to Bangalore.

  • Vedior to buy 76 pc of Ma Foi for Rs 27 cr.

  • Bidder moves court against MTNL over CDMA handset order.

  • TCS public offer soon, says Ratan Tata.

  • Reliance Info in talks with private equity investors

    February 12

  • India emerging as Linux hub.

  • iSoft to invest Rs 450 cr more in India arm

  • Near shore sites vital in global sourcing strategies: neoIT.

  • BSNL tenders for 1.5 cr SIM cards

  • Birth defect suit against IBM

  • PC market growth at 19.5 pc: Gartner

  • Cognizant Q4 net jumps; income rises to $ 17.7 m

  • Panex KPIT to focus on R&D

  • Tax sops on cards for nurturing IT/ITES talent

  • Inductis sets aside $10m for stake in analytic research cos; to increase India headcount.

    February 11

  • ITI questions MTNL on Huawei contract.

  • Idea to use IPO to fund expansion; in talks with regional cellular players for acquisitions.

  • Software exports up 26 pc in last fiscal: ESC.

  • Four Soft to freeze acquisition by August.

  • Sobha buys Kale's healthcare unit.

  • EDS' PLM software unit up for sale; expects $ 1.8 billion for it.

  • Convergys targets 20,000 headcount.

    February 10

  • AirTel services outsourced to Ericsson; Bharti signs 3-year agreement for over $ 400m; plans $ 500m ECB.

  • Reliance pre-paid launched.

  • Satyam opens Canada centre.

  • Hughes Soft to focus on mobile technologies.

  • STD, ISD services not competitive enough: Gartner.

  • BPO sector may touch $12b by 2006: ICRA.

  • Four Soft IPO opens on Feb 16; issue priced at Rs 20 premium; to fetch Rs 20 cr.

  • Nokia to take bigger Symbian stake.

  • Mahindra group buys US tech cos.

  • DishnetDSL ropes in new backbone ally.

    February 9

  • IT's raining jobs on campuses like never before.

  • DoT to split, shed engg centre; part-merger with BSNL, standards institute planned.

  • VSAT providers seek direct satellite access.

  • Data Access files IPO application.

  • HTMT keen to expand non-voice business.

  • US IT cos will raise IT spending in 2004: Gartner.

  • California joins anti-outsourcing bill bandwagon.

  • Recreate Solutions raises $ 2m, eyes mobile game apps.

  • TN Tele debt recast hangs fire as promoters play truant.

  • New Path Ventures set to raise $ 55m.

  • AT&T may exit Idea.

  • Govt to shed light on BPO tax soon.

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    Looking back



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