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Friday, April 08, 2005

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RESEARCH & DEVELOPMENT


Samsung to spend more on R&D
SAMSUNG India on Thursday said that it has decided to invest $12.5 million (around Rs 55 crore) to strengthen its research and development operations. This investment is in addition to the $12 million the company invested in R&D in India last . More

OVERSEAS BORROWINGS


Teledata GDR share allotment
CHENNAI: Teledata Informatics Ltd has said that its board of directors at a meeting held on April 5 have allotted 4,99,10,000 equity shares of Rs 10 each at a GDR price of $ 11 per GDR, against the 49,91,000 Global Depository receipts ... More

STORAGE


Hitachi NAS products
BANGALORE: Hitachi Data Systems has rolled out its next generation embedded network attached storage (NAS) products spanning high-end enterprise to SMB market offerings. Its new embedded NAS Blades for the TagmaStoreÔ Universal Storage ... More

TELECOMMUNICATIONS


CDMA mobile subscriber base dips — Bharti overtakes Reliance as top operator
HERE'S a shocker. Even as the entire world is harping on the booming cellular market in the country, the Code Division Multiple Access (CDMA) based mobile user base dipped by over 5 lakh subscribers in March. The total subscriber base has ... More

BSNL plans to invest Rs 75,000 cr in 3 years
BHARAT Sanchar Nigam Ltd (BSNL) on Thursday said that it had planned an investment of around Rs 75,000 crore over the next three years to expand its telecom services across the country. The State-owned company said that it would expand its ... More

KVB ties up with FSS for mobile recharge facility at ATMs
KARUR Vysya Bank cardholders can nowpurchase recharge coupons for their pre-paid mobile phone connections through the bank's automated teller machine network. To facilitate this, the bank today signed an agreement with Financial Software & ... More

More telecom manufacturing units on the cards: Maran
THE Union Government on Thursday said that other telecom equipment vendors are expected to announce their plans to set up manufacturing units in the country. "This is just the beginning. We will see some exciting announcements with respect to ... More

Motorola to invest $17 m every year in Bangalore R&D centre
MOTOROLA is setting up its applied research lab in India, with plans to invest $17 million a year in its Indian R&D activity over the next few years. "This lab reflects our commitment to grow India as a strategic R&D hub for engineering and . More

Nortel invests $10 m in Sasken
TELECOM research and development outsourcing company Sasken Communication Technologies has received an equity investment of $10 million (Rs 45 crore) from global telecom giant Nortel Networks for an undisclosed stake. Sasken, which does telecom ... More

HARDWARE


Seagate updates Web site
NEW DELHI: Seagate Technologies, a supplier of hard disc drives for Internet, business and consumer applications, has announced that it has launched a new look and enhanced functionality for its Asia-Pacific Web site. "The enhancements ... More

SOFTWARE


Financial Soft to hive off division
FINANCIAL Software & Systems (P) Ltd, a Chennai-based company specialising in software and service for e-payments, plans to hive off one of its divisions - FSSNet - to a joint venture. FSSNet offers a range of e-payment services as an ... More

Zoom Tech campus network
HYDERABAD: Zoom Technologies (India) has announced it has implemented campus area network on a high-speed optical fibre cable backbone for Air Force Academy, Dundigal, located near Hyderabad. This network was inaugurated today by AVM ... More

Vendor management tool
BANGALORE: Ocwen Financial Corporation has introduced Vendor Assurance, a Web-based vendor management tool that will make it easier, quicker and more profitable for mortgage originators to electronically manage the settlement process. It is used ... More

Subex in RA project
BANGALORE:Subex Systems, the telecom software company, has announced it is participating in the Revenue Assurance Catalyst project, under the auspices of the TeleManagement Forum. The project, according to a Subex press release, aims to ... More

INTERNET


The business of betting on Net
SO you thought betting is all about cricket! Hold on. Welcome to the world of global betting beyond the sub-continental cricketers. And, certainly, no dearth of big names here too - ranging from the US President, Mr George W. Bush, to the ... More

OFF-SHORE DEVELOPMENT


LionBridge to set up centre in Chennai
LIONBRIDGE Technologies Inc has announced plans to expand its offshore operations with a new solution centre in Chennai, according to a press release. The Chennai centre will initially employ 200 developers, test engineers and project managers, ... More

TRENDS


B-school tag takes techies up the ladder faster
DOES an engineer need an MBA? Does a child need nutritional supplements for growth? Are these two questions related? Both are ongoing debates with more than a dozen explanations for a `No' or a `Yes'. If the increasing presence of IT companies ... More


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Top Stories
Current market valuation is not expensive: UTI


B-school tag takes techies up the ladder faster

FDA hopes to put lid on `baby oils' issue soon

CDMA mobile subscriber base dips — Bharti overtakes Reliance as top operator

IOC, Saudi Aramco plan merchant storage oil terminal — Drop plans for facility to store crude reserves

Oil cos may lose Rs 810 cr if price hike not allowed

F-16s for Pakistan — Implications for India-US relations

In Focus

BHEL Disinvestment
China's revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Mar. 27-Apr. 2
Cross-border M&As rise as cos vie to grow

Cognizant on big expansion spree in Chennai — Plans development centre in Coimbatore

Software export growth may top 35%

Gmail space: One, two,... Infinity?


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