INFO-TECH
PREFERENTIAL ALLOTMENTS
Cranes Soft share redemption
BANGALORE: Cranes Software International Ltd, a scientific and engineering software products and solutions provider, announced on Wednesday that its board has approved the redemption of the existing two lakh preference shares of Rs 100 ...
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OUTSOURCING
US chamber clears outsourcing `myths'
IN the name of good economics, politicians, the world over, often play bad politics. And in this, the US is no exception as, with the presidential elections nearing, it is now becoming clear that the backlash against business process outsourcing ...
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Outsourcing issue being politicised: US Ambassador
THE `hot political issue' brewing in the United States (US) against outsourcing from India was put in perspective here on Wednesday, when the US Ambassador, Dr David C. Mulford, pointed out that the issue was a "global phenomenon" and not ...
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TELECOMMUNICATIONS
IBM at work on improving Bharti Tele billing system
BHARTI Televentures Ltd will have an improved billing infrastructure for its post-paid cellular subscribers. IBM, which recently entered into an agreement with Bharti, will take care of the improvement, which will come about through an ...
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Mobile operators to send SMS asking people to vote
THE Confederation of Indian Industry (CII) has approached the Cellular Operators Association of India (COAI) requesting all the cellular service providers to send short messaging services (SMS) to their consumers on polling day requesting them to ...
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HARDWARE
Flextronics invests $10 m in inSilica
ELECTRONICS manufacturing services firm Flextronics said on Wednesday that it has invested $10 million in inSilica Inc, a fabless semiconductor design company, in the second round funding. A fabless semiconductor company such as inSilica does the ...
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SOFTWARE
PI Corp, Aditi Tech to develop next gen Linux product
It will be a synthesised version of Web browsing, e-mail access and `fancy' tools used for viewing office document.
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HCL Info Q3 net at Rs 36.3 cr — Third interim dividend at 60%
HCL Infosystems Ltd has achieved a "standalone basis" turnover of Rs 424.10 crore and a post-tax profit of Rs 36.30 crore for the quarter ended March 31, 2004. As per its un-audited results, the company reported a turnover of Rs 1,132.50 crore ...
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iGate Global opens Hyderabad centre
IGATE Global Solutions, a technology integration and operations management company, has announced the commencement of work from its new development centre in Hyderabad. It plans to invest $1 million in the centre and recruit about 300 people this ...
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Patni plans for Mumbai centre
MUMBAI: Patni Computer Systems, which claims the sixth position among India's largest software companies, has announced plans for a 17,000-seater software development space in Airoli, in Navi Mumbai. This is being done to service its ...
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Correction
HUMAN RESOURCES
`Attrition, absenteeism bug BPO cos'
HIGH rates of attrition and absenteeism are by far the biggest operational challenges faced by Indian third-party business process outsourcing (BPO) vendors. A BPO survey report by the Indo-American Chamber of Commerce and Ernst & Young says ...
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SECURITY
Cisco to enable networks to handle security threats
CISCO systems introduced its `self defending network' security strategy for the $41.3-million Indian network market. Targeted at the enterprise and the service provider segments, the solution and strategy will enable the network to ...
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ISPS
Anyuser Tele offers call to US, UK at Rs 2.35 per minute
ANYUSER Telecom, a leading voice over Internet Protocol (VoIP) player and a subsidiary of the $2.6-billion Anyuser.Net based in Korea, has announced a cut in international call rates. The new rates effectively make Anyuser's `Global Gupshup' ...
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