INFO-TECH
OUTSOURCING
IPO not in near future: Progeon
PROGEON, the business process outsourcing subsidiary of Infosys Technologies, has quashed the market talk about a possible initial public offer (IPO). "At this stage, Progeon has no plans for an IPO in the foreseeable future," said Mr Akshaya ...
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TELECOMMUNICATIONS
Delay in funds release hits rural telephony
THE Ministry of Communication's plans to provide telephone services to rural India may hit a bump with the Finance Ministry delaying the release of money to the Universal Services Obligation (USO) Fund. Of the Rs 3,700 crore collected last ...
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Tata Indicom enters wireless pre-paid space with new features
TATA Indicom on Friday made an entry into the wireless prepaid space, with a service that is based on a one-second pulse, offers 100 per cent talk-time and — for the first time in the country — a flat tariff for both local and STD ...
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Hutch to hold 42 pc direct stake in Indian operations
HUTCHISON Telecommunications International Ltd will hold 42 per cent direct stake and 14 per cent non-controlled and indirect stake in its India-operations when they are finally consolidated. Hutchison Telecommunications International Ltd, ...
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JB Mobile tool gets MS certification
JP Mobile announced new enterprise application mobility for Windows mobile-based Smartphone market that builds on its SureWave Enterprise Server. JP Mobile obtained certification for push e-mail for Microsoft Exchange, Novell GroupWise and ...
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SOFTWARE
TCS seeks members' nod for ESPS
MUMBAI: Tata Consultancy Services is seeking the consent of members by way of postal ballot for offer, issue and allotment of shares under an Employee Share Purchase Scheme. The company has appointed Ms Shirin Bharucha, Legal Advisor, ...
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Wipro finalising land purchase in Coimbatore
WIPRO is in the final stages of buying a land in the city, its Chairman Mr Azim Premji, said here on Friday. Without elaborating further on the proposed centre, he said, "It is still early. But once the land is finalised, we should be ...
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Concerto Bangalore centre to be operational by Oct
CONTACT centre solution company Concerto Software on Friday said its new development facility `Concerto Technology centre' in Bangalore would be operational by early October. "The research and development (R&D) unit called Concerto Technology ..
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HUMAN RESOURCES
Recruiters learning the Javas and .Nets
CONTROL `F' (find) does not work in the recruitment industry any more. Increasing complexity of technology is catching up with recruiters in the industry too, forcing them into learning the ABCs of Java, VLSI, Oracle, C++, etc. Placement firms ...
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`Over 1 million jobs in Europe moving out'
AS European firms, especially in the UK, ramp up their spending with offshore service providers in countries like India, they will increasingly displace substantial numbers of employees from their current roles, according to latest Forrester ...
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INTERVIEW
Accenture bullish; on hiring spree
ACCENTURE, the $12-billion (fiscal 2003) global IT consulting and technology services major, is bullish on India and is rapidly expanding. It has made Hyderabad its fourth major centre. The Head, India Geographic Services, Accenture, Ms Rekha ...
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