INFO-TECH
OUTSOURCING
US equity firm invests $30 m in Sutherland
OAK Investment Partners has invested $30 million (around Rs 130 crore) as equity funding in the US-based Sutherland Global Services Inc, a global business process outsourcing (BPO) firm with operations in the US, India and Canada. The US ...
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TELECOMMUNICATIONS
Bharti rolls out Rs 2,000-cr plan for more circles, expansion
BHARTI Tele-Ventures on Monday unveiled a Rs 2,000-crore plan, which includes rollout of mobile services in six more circles and expansion of network in 1,000 new towns. The Bharti Tele-Ventures President, Mobility, Mr Manoj Kohli, told ...
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Hutch to offer 2-way global roaming
HUTCHISON Essar on Monday announced that its pre-paid subscribers from Delhi would be able to make and receive calls while travelling in over 65 countries. The two-way international roaming facility is already available to Orange subscribers ...
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HFCL gets MTNL order
MUMBAI: Himachal Futuristic Communications Ltd has received an order from Mahanagar Telephone Nigam Ltd for eight lakh lines of CDMA for about Rs 250 crore, the Bombay Stock Exchange's Web site said on Monday. ...
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INSIGHT
`Silicon Valley in a churn'
THE Silicon Valley is witness to significant structural changes that could impact the sector in terms of new technology development, job profile and funding patterns. The Chairman and Chief Executive Officer of US-based Cendura Corporation, ...
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HARDWARE
IBM, top laptop vendor
BANGALORE: IBM India has said that it has been ranked as the No 1 laptop vendor in revenue terms by IDC PC tracker report for 2003. IBM India, according to IDC, recorded a 31.3 market share in the notebooks segment in revenue terms, a ...
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VIA Nano motherboard
NEW DELHI: VIA Technologies has launched Nano-ITX motherboard along with the advanced digital media chipset for digital lifestyle and entertainment devices for homes and offices. Claiming it to be world's smallest VIA Nano ITX ...
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SOFTWARE
Business Objects to beef up Indian presence
BUSINESS Objects plans to unveil new products over the next two years to increase its presence in the global business intelligence market. With a planned investment of $150 million on research and development this year, the company has devised ...
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IPR
`Patent, powerful tool to move up value chain'
TO move up the value chain, Indian IT companies need to leverage on patents as a powerful tool for growth, development and commercial success. This was stated by the Nasscom President, Mr Kiran Karnik, in a seminar on `Patents, the Patent ...
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HUMAN RESOURCES
Cypress India to double headcount
CYPRESS India, the local subsidiary of Cypress Semiconductor Corporation, a billion dollar multinational company, on Monday announced that it planned to expand its headcount of software engineers from 160 to 315 by the end of this year in its ...
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MERGERS & ACQUISITIONS
Click2Learn, Docent complete merger
SUMTOTAL Systems, the merged entity of two Nasdaq-listed learning management solutions providers — Click2Learn Inc., and Docent, Inc, have announced the completion of merger of the two companies. The move will see an investment of about $ 8 ...
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Satyam looking to buy small cos with SAP capability
SATYAM Computer Services Ltd plans to acquire small companies with a strong capability in SAP. The Hyderabad-based software firm that helps implement SAP software for clients, is looking at companies with 50-100 SAP professionals geographies, ...
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OFF-SHORE DEVELOPMENT
Digital Harbor opens new office
BANGALORE: Digital Harbor Inc, a provider of composite applications platform, has announced the opening of its new office in Bangalore. The Bangalore office will focus on developing new vertical solutions for Digital Harbor's composite ...
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EVENTS
SME Forum on March 25
BANGALORE: The city-based Interactive Technology, Software and Media Association (ITSMA) in collaboration with the European Commission is organising the Indo-European SME Forum on March 25. The forum would provide an opportunity for the ...
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OUTLOOK
Vinciti plans to triple revenue by year-end
VINCITI Networks Pvt Ltd, a subsidiary of e4e Inc that provides managed technical services, plans to double its headcount to over 500 even as it seeks to triple its revenue to $12 million by end-2004. The company currently has close to 300 ...
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