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Wednesday, February 02, 2005

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INFO-TECH

PREFERENTIAL ALLOTMENTS


Goldstone to hike FII limit
HYDERABAD: Goldstone Teleservices Ltd has decided to increase the FII limit up to 49 per cent and issue preferential shares. It has informed the BSE that its board, at a meeting held on January 31, decided to issue up to 73,58,155 ... More

OUTSOURCING


Global Realty Outsourcing to recruit more
THE US-based Global Realty Outsourcing (GRO), a business process outsourcing (BPO) services provider for commercial and residential real estate industries, has doubled its manpower in India to 500 in the last one year. The company, which has ... More

POLICY


IT Dept panel to review goals of tech programme in local languages
IN a bid to take technology to the masses, the Department of Information Technology has constituted a committee to review the goals of the `Technology Development for Indian Languages' programme and suggest technology development goals for the ... More

HARDWARE


MosChip plans to raise funds
HYDERABAD: MosChip Semiconductor Technology Ltd has informed the BSE that a meeting of the board of directors will be held on February 7, to consider raising of funds through issue of equity shares/GDRs/ADRs etc., to meet the future ... More

SOFTWARE


HCL Tech inks pact with Agere Systems
HCL Technologies announced today it has entered into an agreement with Agere Systems, a provider of semiconductors for storage, wireless data and public and enterprise networks. "Under the terms of this agreement, dedicated teams from HCL will ... More

Hinduja TMT to spin off media biz
HINDUJA TMT (HTMT) has decided to demerge its media business into a separate entity. The board, which approved the proposal on Monday, has authorised a committee of directors to work out a detailed scheme. The proposal presented by the ... More

Cavium Networks plans Hyderabad centre
CAVIUM Networks, a fabless semiconductor company, has announced plans to locate its India Development Centre in Hyderabad on an investment of about $10 million (Rs 43.7 crore) over 3-5 years. Addressing a press conference here today, the ... More

Tally to tap SMEs
NEW DELHI: Business accounting software manufacturer, Tally Solutions, plans to increase channel presence to over 50,000 hardware and software resellers who would be trained by the company to boost business with the small and medium ... More

HUMAN RESOURCES


Zensar to train Chinese techies
ZENSAR Technologies has partnered with the Shenzhen Municipal Government in China to impart project management skills to 1,000 Chinese software professionals over the next three years. These software professionals will be provided project ... More

MERGERS & ACQUISITIONS


Vergil Tech merges with American Cybersystems
VERGIL Technology (P) Ltd, a software development and consulting services firm with principal operations in Chennai, has merged with American Cybersystems (ACS), a US-based services company. The terms of the merger were not disclosed. Mr N. ... More

STANDARDS & BENCHMARKS


iBilt Tech certification
CHENNAI: iBilt Technologies Ltd has been assessed at CMMI Level 5 by KPMG. Mr Ashok Tiwari, its Managing Director, said, "The assessment is in sync with our strategy to provide maximum customer satisfaction. Our next focus is People CMM ... More

PEOPLE


Non-exec Chairman of Tera Soft
HYDERABAD: Tera Software Ltd has informed the BSE that the board of directors, at its meeting held on January 28, inter alia considered and approved the appointment of Mr D Seetharamaiah, an independent non-executive director, as the ... More


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Top Stories
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In Depth

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Looking back
Jan. 23-Jan. 29
Consumer desktop segment notches 30% growth year-on-year

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Pfizer, Cognizant in multi-year deal

Asia-Pacific PC market up 13% in Q4

`IT spend by medium-sized businesses up by 15 pc'

Hexaware Q4 net up multi-fold

i-flex Solutions third-quarter net up 33 pc

BPOs move to smaller towns to cut attrition rates


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