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Wednesday, September 22, 2004

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INFO-TECH

EMPLOYMENT
High-tech jobs getting scarce in US: Study
HIGH technology workers in the US are still facing chronic unemployment and a serious job deficit despite an economic recovery declared three years ago. A new report by the Centre for Urban Economic Development at the University of Illinois ... More

OVERSEAS BORROWINGS
Reliance to raise $500 m to retire debt
RELIANCE Industries Ltd is raising an overseas syndicated loan of $500 million (around Rs 2,296.5 crore) to retire its costly domestic debt. Confirming the development, a company official said the deal was getting signed today with a consortium ... More

AWARDS & HONOURS

  • Infy top scorer in survey

    HARDWARE
    `India must become IT hardware hub'
    THE zero duty regime from next year must not deter India from pursuing its objective to become a IT hardware manufacturing hub, according to speakers at a seminar organised by the Manufacturers Association for IT Industry (MAIT) here. Citing ... More

    SOFTWARE
    Avaya to continue as service hub in India
    AVAYA GlobalConnect (earlier Tata Telecom) in which Avaya Inc, now has a majority stake, will continue to act as a strong service support hub in the country, as well as continue as a powerful distributor channel serving globally, with plans of ... More

    JM Morgan Stanley top TCS IPO mobiliser
    JM Morgan Stanley Retail Services, which procured Rs 13,158 crore of Tata Consultancy Services IPO, or 33.4 per cent of the total demand, is the top procurer among brokers in the offering, said a news release from J M Morgan Stanley. The ... More

  • Mastek AGM okays FII hike
  • PortWise opens demo centre
  • TBG bags Carrefour deal
  • Wipro sets up ECM, portal practice

    INTERNET

  • Course Tech testing portal

    IT TRAINING
    C-DAC courses in IT
    THIRUVANANTHAPURAM: The Centre for Development of Advanced Computing (C-DAC) has invited applications for certificate and diploma courses in information technology. Courses offered include a certificate in multilingual office ... More

    HUMAN RESOURCES
    iGate to expand in Chennai
    IGATE Global Solutions will hire about 500 IT professionals in Chennai in 6-12 months, thus doubling its employee base in the city. It currently has a 65,000 sq. ft. facility in Guindy and plans to add 35,000 sq. ft. in three months. The ... More

    MERGERS & ACQUISITIONS
    HCL Tech to buy out Deutsche Bank stake in DSL Software
    HCL Technologies plans to buy out Deutsche Bank's 49 per cent stake in joint venture company DSL Software, with the valuation process expected to commence by the end of the month. "As per the agreement announced in September, 2001, HCL Tech ... More

    ALLIANCES & JOINT VENTURES
    Reliance bundles phones with Intel-PCs
    RELIANCE Infocomm today announced an agreement with Intel to offer instant and high speed Internet connectivity with Intel-powered personal computers (PCs) and laptops sold across eight cities. Under this initiative, users purchasing systems ... More

  • Fortune partners UshaComm

    ENTERPRISE RESOURCE PLANNING
    SAP begins road shows
    Enterprise Resource Planning (EPR) vendor SAP plans to strengthen its presence in the mid-sized market. Having acquired 45 customers till September this year, the company is ontarget to bag 60 clients by the year-end. Addressing the media on ... More

    OFF-SHORE DEVELOPMENT
    FIC to ramp up manpower; plans Hyderabad centre
    FIRST Indian Corporation (FIC), a subsidiary of First American Corporation, a large data provider plans to ramp up its Indian operations to 4,200 people from the present 2,500 over the next two to three years. The company plans to set up a ... More

    E-GOVERNANCE
    ICICI Info consortium bags VAT panel deal — For tax information exchange system
    The TINXSYS project would primarily facilitate information exchange between sales tax departments across the country and establish a database for all inter-State transactions. More




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    Top Stories
    Lobbies at work to get customs duty on maize import cut


    Reliance bundles phones with Intel-PCs

    NTPC issue price band set at Rs 52-62

    ICICI Info consortium bags VAT panel deal — For tax information exchange system

    Record cotton crop seen next season — Advisory boards pegs production at 213 lakh bales

    `Glocalisation can help preserve natural resources'

    Looking back
    Sep. 12-Sep. 18
    Revenue per employee falling for IT cos

    Microsoft launches range of hardware devices — Password is passé; fingerprint is in-thing

    Nasscom raps Karnataka for hiking sales tax

    `Cost-effective storage system, key to e-governance'

    HCL Tech net income doubles; final pay-out at Rs 4


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