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Saturday, November 06, 2004

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INFO-TECH

CORPORATE DISPUTES
HC directs BSNL to maintain status quo on RIM connection — Asks Reliance to deposit Rs 40 cr
The Court has also asked BSNL to file its reply to the private operator's appeal and has posted the matter for further hearing on November 30. More

OVERSEAS BORROWINGS
Infosys planning second sponsored ADS issue
INFOSYS Technologies is gearing up for another sponsored secondary American Depository Shares (ADS) offering. The company's board will meet on Monday, to consider the proposal to sponsor the issue of ADS against the company's existing equity ... More

INFRASTRUCTURE
Tier II city space gaining favour
CONCERNS over infrastructure notwithstanding, the Karnataka Government's plans to take the IT industry to the Tier II cities such as Mangalore and Mysore have paid off. Several IT companies are close to striking a deal, with clearance being ... More

FINANCIAL PERFORMANCE
Tata Infotech revenues rise 33 pc in Q2
TATA Infotech Ltd, the global systems integration company, on Friday reported a 33 per cent increase in its total revenues for the second quarter ended September 30, 2004 to Rs 188.62 crore as compared to Rs 142.08 crore in the corresponding ... More

SOFTWARE
Software sold off the shelf is liable to sales tax: SC
THE Supreme Court on Friday held that software programmes such as Oracle, Lotus and Unigraphics sold off the shelf are goods for the purpose of levy of sales tax by States. A five-Judge Constitution Bench headed by Mr Justice N. Santosh Hegde ... More

SC ruling to hit IT sector: Nasscom
THE software industry on Friday said that the Supreme Court ruling classifying software as "goods" for the purpose of levy of sales tax is likely to increase the price paid by users, encourage pirated software and affect the speed of PC ... More

Azul Systems processing solution
Azul Systems Inc has introduced a network attached processing solution designed to provide unbound compute resources for Java and J2EE platform-based applications. According to Gartner, this is a growing need of the industry and estimates state ... More

INTERNET
Karnataka Govt succeeds in taking IT to rural areas
AS the seventh edition of the Bangalore IT.com came to a close on Friday, children from the districts of Karnataka had a sense of satisfaction of having been part of the event, even while they were away from Bangalore. The first three editions ... More

IT TRAINING
Zensar to partner Symbiosis institute for MBA-IT course
THE Pune-based Zensar Technologies and Symbiosis International Educational Centre (Deemed University) would together offer a new `techno MBA' course, which would provide students with basic knowledge of IT along with domain expertise. On ... More

ALLIANCES & JOINT VENTURES
Vocational training software — TCS ties up with Australian firm
TCS today announced that it had signed an agreement with the Australia-based TAFE Global to introduce vocational training software to build and develop skills in workforce in India and internationally. At a ceremony at New South Wales (NSW), ... More

BROADBAND
MTNL gets AAI nod for Wi-Fi service at Mumbai airports
MTNL has been awarded the licence by the Airports Authority of India (AAI) to provide Wi-Fi services at Mumbai's domestic and international airports. At the domestic and international airports in New Delhi, it is Tata Teleservices that has ... More

E-GOVERNANCE
IT majors in pact for rural scheme
IT majors, including HP, Intel, TCS, CISCO and Microsoft, on Friday signed individual MoUs with Kochi-based Amrita Vishwa Vidyapeetham to support AVV's satellite-based village resource centres (VRCs). The companies will provide ground ... More

World Bank reviewing e-gov projects
`We found only 15 per cent of e-governance projects are complete successes while 33 per cent are failures.' More

EVENTS
IT.Com sees interest from Australian cos
THE seventh edition of Bangalore IT.Com concluded today having attracted participation from 295 international delegates, 40,000 business visitors, 15 countries and 15 States. While business enquiries could not be quantified, the annual IT ... More




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