IT TRAINING
Madras HC okays SSI demerger scheme
SSI Ltd on Thursday said that the Madras High Court has passed an order sanctioning the scheme of arrangement with modification for the de-merger of the IT services business of the company and merging the same with Scandent Network Pvt Ltd. A ... More

MERGERS & ACQUISITIONS
Teledata Informatics buys stake in 2 overseas firms
TELEDATA Informatics Ltd today said that it has acquired 53 per cent stake in Transworld Information Services, US, and 100 per cent equity stake in Insoft Systems Pte Ltd, Singapore. According to a statement the company released to the stock ... More

ALLIANCES & JOINT VENTURES
i-flex inks pact with PeopleSoft
BFSI software vendor i-flex Solutions Ltd has entered into an alliance with PeopleSoft to develop and market an integrated solution for the banking industry. According to a company release, the announcement was made on Thursday at the Connect ... More

OFF-SHORE DEVELOPMENT
TCS opens office in Brussels
SOFTWARE major Tata Consultancy Services (TCS) today announced the opening of new office and signing of a securities processing deal in Brussels. "The European Union is India's largest trading and investment partner. The coming years are full ... More

NEC Solutions gets aggressive on BPO space
THE NEC group of the US is scouting for acquisition opportunities in India in the BPO space. The group is no stranger to India. One of its bigger companies, NEC Solutions (America) Inc, has been buying software development services from Indian ... More

BROADBAND
VSNL enters broadband retail space
VSNL appears to have stolen a march over other large corporate contenders in the race to the broadband home retail space. The company has already gone commercial with its Tata Indicom offer in select pockets in Mumbai and Pune, and not just ... More

EVENTS
Political will, faster decision-making needed
Taking IT to rural areas possible: Premji
MR Azim Premji, Chairman, Wipro Corporation, has charted out a five-point agenda to take information technology and e-governance to the next level in the country. To begin with, there is a need to have enthusiastic champions to drive IT and ... More