INFO-TECH
OVERSEAS BORROWINGS
Satyam board okays sponsored ADS issue
SATYAM Computer Services has announced plans to issue sponsored American Depository Shares (ADS) against existing equity shares of the company expected to be valued at $360 million. The board of directors, which met late last night (IST), ...
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OUTSOURCING
24/7 Customer opens Chennai centre — Plans to add 1,000 employees in 9 months
24/7 Customer, an outsourced contact centre and business process outsourcing (BPO) services provider, inaugurated its Chennai centre on Thursday. The facility, which was inaugurated by Mr Kiran Karnik, President, Nasscom, has a capacity of 250 ...
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TELECOMMUNICATIONS
TRAI seeks more powers to resolve interconnect rows
THE Telecom Regulatory Authority of India (TRAI) said on Thursday that it will approach either the Supreme Court or the Government to amend the TRAI Act to get more powers to intervene in disputes relating to interconnection. Mr Pardip Baijal, ...
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Commodity price info on Reliance mobiles
RELIANCE Infocomm is now getting into value-added services targeting farmers, commodity traders and cooperatives by providing commodity prices on its mobile service. The company has tied up with National Commodity & Derivatives Exchange Ltd ...
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LG plans 3G handset launch in March
LG Electronics will launch its 3G mobile handsets in India by March 2005. While the rollout will commence over the next four months, against the original schedule of January 2005, it may take a little longer before the product actually reaches ...
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Sumo wrestling, Idea style in Pune
SHOPPING for jootis in Ahmedabad, dabbling in a bit of kushtee at an akhaada in Panipat, enjoying a dosa in Pune and admiring pretty Indian faces. Idea Cellular's brand ambassadors, sumo wrestlers Tachibana and Motohashi ...
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INFRASTRUCTURE
`Chennai fares better in IT infrastructure'
WITH better infrastructure and skilled work force, Chennai fares better than Bangalore in attracting new investments in back office and BPO, according to Mr Kiran Karnik, President, Nasscom."Bangalore is overheated, and the infrastructure there ...
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HARDWARE
Seagate hard drive market share up at 72.4 pc
HARD drive company Seagate Technology today announced that it increased its market share in India to 72.4 per cent in the September quarter of 2004, compared to 61 per cent in the previous quarter as per an AC Nielsen latest report. The report ...
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Hindustan Info to launch notebooks starting from Rs 30,000
HINDUSTAN Infosystems Ltd, a Delhi-based personal and business technology products company, has announced its plans to launch an affordable range of notebooks and laptops starting from Rs 30,000. The range is targeted at upwardly mobile ...
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SOFTWARE
Wipro Tech top in remote management: Report
WIPRO Technologies, the global IT services division of Wipro Ltd, has said that it has been ranked the leader in an AMR Research report titled `Remote Data Centre management - Low cost and high quality from India'. Leading Indian and ...
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IT service providers must diversify delivery model: IDC
INDIA could lose its edge in offshoring in the coming years unless Indian IT service providers become truly global and diversify their delivery model to other locations such as China, Singapore and Brazil, an IDC analyst said today. "India ...
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HCL Tech signs pact with UK insurance broking firm
HCL Technologies, a provider of information technology and BPO solutions, today announced that it has entered into an agreement with UK-based insurance broking giant AA Insurance Services, for offering financial services to the latter's ...
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Infy app for Australian State
BANGALORE: Infosys Technologies Ltd, through its Australian subsidiary, has delivered a new software application to the Victorian State Government for managing its public transport services. The automated bus contract system, valued at ...
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Ocimum pact with US firm
HYDERABAD: Ocimum Biosolutions, a provider of bioinformatics solutions and laboratory information management systems (LIMS), announced that it has formed a strategic alliance with Genome Explorations Inc of the US. As part of this ...
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Ocwen solution for BPO industry
BANGALORE: Ocwen Financial Corporation unveiled its Advanced Contact Center Enterprise Solution (Acces), a VoIP solution based on Cisco's IP communications technology and runs as an ASP model. The company is targeting the Indian BPO ...
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IT TRAINING
Harbinger group plans to scale up operations in Pune
THE Harbinger group based in Pune has launched a centre of excellence in e-learning technology in the city with an investment of Rs 4.5 crore and is firming up plans to scale up operations in the next 12 months taking head count from the current ...
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HUMAN RESOURCES
eMR Tech looks to double team size
THE Gurgaon-based eMR Technology Ventures (P) Ltd is planning to double its team size to 1,400 by next year. Speaking about the company's plans, its Chairman Mr Rohit Arora told Business Line that eMR Technology Ventures would not just ...
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Subex Systems unveils alumni plan
"We encourage our former employees to give references when we need to hire laterally, and if successful they even get paid for it."
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Campus jobs for C-DAC(Ker) batch
THIRUVANANTHAPURAM: Placement activities at the Centre for Development of Advanced Computing (C-DAC) have received a boost with more than 100 IBM Mainframe students being recruited within a space of two weeks during campus interviews. ...
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ISPS
TRAI wants to be heard on licence fees for ISPs
IN what could become the next big controversy in communications sector, the Telecom Regulatory Authority of India (TRAI) has asked the Department of Telecom (DoT) to seek its recommendations on the policy decision to impose entry fee and licence ...
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ECONOMIC OFFENCES
AP orders probe into purchase of equipment for SKIMS
THE State Government will order an inquiry by a senior official of the Vigilance and Enforcement Department into the alleged irregularities in the purchase of computers, printers and scanners by the previous Telugu Desam Government for the ...
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PEOPLE
New Polaris group CFO
CHENNAI: Mr Prabal Basu Roy has joined Polaris Software Lab Ltd as Group Chief Financial Officer and Executive Vice-President. Prior to joining Polaris, he was Director (Strategic Alliances), Lucent Technologies, responsible for ...
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Intoto senior appointment
HYDERABAD: Intoto, a technology solutions provider to networking equipment manufacturers, has announced the appointment of Mr Gary Wang, Vice-President of Joint Venture Company Technology with 3Com Corporation, to its board of ...
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