INFO-TECH
TELECOMMUNICATIONS
DoT may cut bank guarantee for mobile, basic providers
THE Department of Telecommunications (DoT) is looking at reducing the performance bank guarantees for cellular and basic service providers to bring down their cost of operation. This comes on the heels of the Government's recent announcement of ...
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As laws lag tech, grey market in ILD flourishes
YOU do not need rocket science to prove that illegal international long distance telephony (ILD) is happening, and increasing, according to Mr S.K. Gupta, Managing Director, Videsh Sanchar Nigam Ltd. One feature in proof of this, he says, is ...
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Mobile refill facility from Centurion Bank
MUMBAI: Centurion Bank has introduced mobile refill facility for prepaid mobile customers of Orange, Hutch, AirTel and Idea Cellular. The facility will be available at no extra cost and allows the bank's customers to recharge their ...
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SOFTWARE
Bernstein: Pure play offshore cos poised for high growth
US equity research firm Bernstein said pure play offshore players in the software services segment are likely to grow by 31 per cent in the current year. This forecast is in line with the growth map detailed by Infosys Technologies for the same ...
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Agilent upbeat on tools for space, defence sectors
AGILENT Technologies, the $6.1 billion technology solutions provider, is bullish on the Asia-Pacific aerospace and defence markets that are particularly growing at a CAGR (compounded annual growth rate) of about 15 per cent as against global ...
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Indian real estate sector growing at 30 pc — Chennai `most attractive' for investments
"IF you are not in India today, you may as well not be in business," says Mr Pol-Henry Cox, Managing Director, Jones Lang LaSalle, an international property consultant. Real estate development in India is estimated to be in the region of $12 ...
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HUMAN RESOURCES
Satyam to raise Chennai headcount
SATYAM Computer Services Ltd on Monday said that it would add 1,500 persons to its existing strength of 2,300 in Chennai. With this, the city would host close to 25 per cent of the company's total workforce of 16,000, according to the company's ...
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MERGERS & ACQUISITIONS
Aftek stake in search engine
MUMBAI: Aftek Infosys Ltd has informed the BSE that Arexera Information Technologies GmbH, a German entity, has along with its employees, acquired 56 per cent stake in Seekport Internet Technologies GmbH, an Internet search engine. Aftek ...
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ALLIANCES & JOINT VENTURES
Wipro picks ITQAN as UAE partner
ITQAN Al Bawardi, the UAE's leading systems integrator, has entered into an agreement with Wipro. According to the agreement, Wipro has appointed ITQAN as a business partner in the Emirates to promote Wipro's service, NOC (Network Operating ...
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VENTURE CAPITAL
Pramod Haque sees huge opportunities
`We estimate the Indian market to be between half a billion dollars to $4 billion over four years for the technologies developed by our portfolio companies.'
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