INFO-TECH
OUTSOURCING
HDFC to sell 50 pc in Intelenet to Barclays Bank
HDFC today announced that it would be selling 50 per cent stake in its BPO venture, Intelenet Global Services, to Barclays Bank Plc for Rs 164 crore, subject to regulatory approvals. It was less than a month ago — on July 21 — that ...
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TELECOMMUNICATIONS
Delhi Metro to foray into telecom — Applies to DoT for infrasturcture provider-II licence
In a bid to cash in on the booming telecom market Delhi Metro has jumped into the fray to offer bandwidth infrastructure and has applied to the Department of Telecom (DoT) for an infrastructure provider category II licence. If it gets the ...
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Cell operators' ARPU dips 6.7 pc
CELLULAR operator's average revenue per user (ARPU) has dropped by over 6.7 per cent during the quarter April to June as compared to the previous quarter this year. The revenue per user has come down from Rs 432 per month to Rs 402. Overall ...
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SOFTWARE
`Management software biz set for rapid growth'
THE global enterprise infrastructure management (EIM) business is growing at a rapid pace and is gradually shifting to integration. As per various estimates, the market for EIM is set to grow to about $45-50 billion by 2007, from $27-30 ...
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Wipro tops IDC leadership grid
INDUSTRY analyst IDC has rated Wipro Technologies, the global IT services division of Wipro Ltd, as a top leader among the offshore service providers. In a report titled "Worldwide Offshore 2003 Services Provider Profiles", IDC profiled 21 ...
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South leads in software exports
THE southern region led software exports, accounting for 58 per cent of the total export of computer software and services during 2003-04. "Although in absolute terms, the contribution of the Southern region has gone up as compared to the ...
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MindTree upbeat on $50-m revenue
"We are in talks with several of the smaller firms with revenues of around $5 million and expect to conclude the deal by the year-end."
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Maintec software centre in Thiruvananthapuram
THIRUVANANTHAPURAM: The Bangalore-based Maintec Technologies group is in the process of setting up a software development centre in Thiruvananthapuram. This facility will be the company's second development centre and will work in ...
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HUMAN RESOURCES
MphasiS to have 25,000 employees in 3 years
IT and BPO service provider MphasiS said here on Monday it will ride on a huge demand building up from its overseas clients and ramp up operations to touch the 25,000-employee mark in the next three years. The company is preparing to kick off ...
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EDS plans to employ 5,000 by 2005-end
`India is a strategic hub in the network of our bestshore centres'.
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ENTERPRISE RESOURCE PLANNING
Chain.sys plans marketing push
WITHIN four years of establishing its presence in India, Chain.sys (India) Private Ltd, the Indian arm of the US-based Chain.sys Corporation, is planning to spread its wings by opening marketing offices in Bangalore and New Delhi. "We are not ...
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IPOS
The `Google Guys' dodge the bullet
THE folks at Google are obviously not a superstitious lot as the search major has gone ahead with its blockbuster IPO on a Friday the 13th in the face of daunting market conditions: the Nasdaq, where Google plans to ...
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