INFO-TECH
OVERSEAS BORROWINGS
Satyam board to consider special ADS issue
SATYAM Computer Services Ltd, the software services provider, on Monday announced moves to consider a special sponsored American Depository Shares issue. A meeting of the Board of Directors of the company has been convened on Wednesday to ...
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STORAGE
New storage products from SGI
BANGALORE: Silicon Graphics Inc (SGI) announced the launch of its storage solutions in the Indian market on Monday for the scientific and the technical segments. The company is targeting the manufacturing, science, oil and gas, defence ...
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TELECOMMUNICATIONS
Illegal routing of ILD calls: CPI(M) demands dismissal of TRAI chief
THE CPI(M) on Monday asked the Government to dismiss the Chairman of the Telecom Regulatory Authority of India (TRAI), Mr Pradeep Baijal, for acting in "connivance" with private operators in avoiding payment of access deficit charges (ADC) to ...
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Airtel bets on ringback service to woo Gen X
`Youngsters want to have fun, they love music and they love innovation and that is what this service is all about.'
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AirTel to screen films on mobiles
HYDERABAD: AirTel on Monday announced its new initiative, wherein it would be able to screen a full-length movie on high-end mobile phones. Claimed to be the first such operator to do so, it is premiering Arindam Chaudhary's film `Rok ...
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INFRASTRUCTURE
`Good infrastructure key to thwarting competition'
INDIA needs to take immediate steps to create a strong infrastructure and increase the intake in engineering colleges in order to thwart competition from other IT destinations such as China, Israel, Ireland and the Philippines, according to the ...
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HARDWARE
Semiconductor manufacturing facility — AP inks pact with Korean firm
INDIA Semiconductor Manufacturing Company (ISMC), a consortium of Intellect Inc, and the Government of Andhra Pradesh signed a memorandum of understanding (MoU) on Monday. The MoU is another step towards beginning work early next year on the ...
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SOFTWARE
TCS bags IT, engg services deal from Ferrari
TCS today announced that it has bagged a "multi-million dollar" deal from Ferrari for providing IT and engineering services for development of Formula 1 racing car for the next racing season beginning March 2005. "The deal makes TCS the first ...
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Four top Infy clients hike billing rates
FOUR of the top ten clients of Infosys Technologies Ltd are said to have recently hiked their billing rates with the software vendor. Aetna Inc and Goldman Sachs are among the four clients who have effected a price hike, sources said. The ...
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MERGERS & ACQUISITIONS
Mindteck acquires Netsys
MINDTECK, a provider of software services for embedded technology and business applications, has acquired Netsys Consulting Pte Ltd. Singapore-based privately held Netsys specialises in enterprise resource planning and customer relationship ...
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IPOS
ExlService files for IPO in US
NEW DELHI: Exlservice Holdings Inc (EXL), a third party business process outsourcing company, today announced that it has filed a registration statement with the Securities and Exchange Commission (SEC) for an initial public offering ...
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