TAXATION
When milk mixes with water, won't software merge in hardware?
THE ACER India case that was decided by the Supreme Court on September 24 was about a simple dispute: When you load software onto a computer, does it become part of the hardware? If that sounds like a powerful Zen ... More

Tax on BPO: Chamber welcomes CBDT clarification
THE Federation of Andhra Pradesh Chamber of Commerce and Industry (FAPCCI) has welcomed the Central Board of Direct Taxes (CBDT) clarification of IT enabled services and Business Process Outsourcing units and felt that this would provide the much ... More

SOFTWARE
AP Cabinet clears Microsoft development centre plan
THE State Cabinet today approved Microsoft Corporation's Rs 50-crore plan to set up a development centre at Manikonda near here, with some fiscal incentives. Briefing newsmen, Mr Shabbir Ali Mohammed, Minister for Information, said the ... More

Kenexa plans $6 m for India centre
KENEXA Technologies, a Pennsylvania-based human capital management solutions provider, plans to expand India product development-cum-support centre, which would see an overall investment of about $5 million-6 million in the next three years, with ... More

Infy to consider interim
BANGALORE: Infosys Technologies Ltd has informed the BSE that the meeting of the board of directors will be held on October 12 to consider the financial results of the company for the second quarter and half-year ended September 30. The ... More

INTERNET
Marriage portal plans to step up adspend
APART from advertising aggressively on print and television with an ad budget of Rs 20 crore, marriage portal, BharatMatrimony.com, is also planning to increase its focus on sponsorships and below-the-line promotions. Speaking to Business ... More

HUMAN RESOURCES
TCS beefs up interface with engg colleges
IN a bid to strengthen its relationship with the academia, TCS is reinforcing its faculty development programmes across the country. This is also to ensure that the right kind of talent enters the company from the college campuses. The ... More

MERGERS & ACQUISITIONS
Qualcomm acquires Spike Tech; flags off India R&D centre
QUALCOMM Inc, a pioneer in CDMA digital wireless technology, has announced the commissioning of its research and development centre in Hyderabad and the acquisition of Spike Technologies, a chip design company, having its design house in ... More

Nucleus Software picks up 25 pc stake in GMAC India
SOFTWARE products company Nucleus Software Exports Ltd on Friday announced it has acquired 25.1 per cent stake in Chennai-based GMAC Financial Services India Ltd (GMAC India), the Indian automotive finance operation of General Motors Acceptance ... More

FourSoft to acquire Dutch logistics firm
FOURSOFT Ltd, a Hyderabad-based software services provider for the transportation and logistics sector, has signed a stock purchase agreement for acquisition of 100 per cent stock of Cargo Mate, a Netherlands-based software development company ... More

Hinduja TMT acquires US co
MUMBAI: Hinduja TMT is continuing its inorganic growth in the BPO area, with yet another acquisition of a US-based company. The company has announced its agreement with Georgeson Shareholder Communications Inc to acquire 100 per cent of ... More

ALLIANCES & JOINT VENTURES
HP in pact with AVAANA
BANGALORE: HP has entered into a partnership with AVAANA, an innovation and integration services company focused on the high-growth RFID market. AVAANA as HP's Preferred RFID solutions partner will provide customers the complete range of ... More

ENTERPRISE RESOURCE PLANNING
SAP plans to add 60 SMB clients in 2004
ENTERPRISE Resource Planning (ERP) vendor SAP India Ltd plans to add 60 new clients in the small and medium business (SMB) segment in the current year. The Indian arm of the German software giant has already taken on board 45 companies in the ... More

IT-ENABLED SERVICES
STPI bullish on medical transcription
THE STPI (Software Technology Parks of India) is confident of an exponential growth in the Indian health care BPO space in the next few years. "While the opportunity for growth is phenomenal, there is a real dearth in the availability of ... More

STANDARDS & BENCHMARKS
UK certification for HCL centre
NEW DELHI: HCL Technologies today announced that its Insurance Solutions Delivery Centre (ISDC) has been recommended for certification under the British Standard (BS) 7799. It is a specification that defines the requirements for ... More