The Hindu Business Line : Tuesday, May 24, 2005

FCG bags $ 16-m deal
BANGALORE: First Consulting Group (FCG) has signed a $16-million, long-term, IT outsourcing deal with Rocky Mountain Health Plans (RMHP). As part of the deal, FCG will manage and operate RMHP's IT operations including help desk and ... More

TELECOMMUNICATIONS

Tegic text input software for `Walky' handsets
TEGIC Communications, a wholly-owned subsidiary of America Online Inc, on Monday announced that Tata Teleservices Ltd. is offering T9 text input software in English and Hindi on its latest wireless phone of LG Electronics, referred to as Walky, ... More

INSIGHT

IT cos earning more per client — Reliance on Top-10 is less now
We have seen it happening across the last 10 quarters or so. But, earlier, it was easy to be seen losing clients. The IT slump was not over then. Now, not only are Indian IT software services companies adding few net clients (client gains net ... More

SOFTWARE

AppLabs expands management team
APPLABS Technologies, a software testing and development services company, today announced the addition of five industry veterans to its global management team. They collectively bring over 75 years of management experience in the IT industry. ... More

Ramco Systems wins order
CHENNAI: Ramco Systems, a provider of enterprise solutions, has won an order from BCL Springs, the second largest manufacturer of precision springs in India. The implementation of Ramco e. Applications at BCL Springs will result in ... More

INTERNET

Bellary jeans cluster developing portal
JEANS producing cluster in Karnataka's Bellary will go global in marketing their products. A consortium of 12 companies, all producers of jeans, are developing a common portal - jeanclan.com - that will undertake mail order ... More

INDUSTRY ASSOCIATIONS

Nasscom move for closer ties with Australia
TO explore alliances with Australian companies in the ICT (information and communication technology) sector, the National Association of Software and Services Companies (Nasscom) has taken an IT trade delegation to that country. The visit is ... More

MERGERS & ACQUISITIONS

i-flex acquires 34-pc stake in Canadian co
i-flex has an equity financing arrangement with Castek that allows it to become the largest shareholder in the Canadian company. More

Cranes acquires EMRC's Indian operations
CRANES Software International Ltd on Monday announced the acquisition of the Indian operations of Engineering Mechanics Research Corporation (EMRC). The consolidated deal size is about $1.5 million. The acquisition of EMRC's India operations ... More

PEOPLE

Three executives quit iGate Global
Those who have quit are Mr Tiger Ramesh, the head of iGate's business process outsourcing division; Ms Anu Sharma, head of the human resource department; and Ms Jessie Paul, head of marketing. Mr Phaneesh Murthy, CEO, iGate Global, confirmed ... More

New chief for Airbee Wireless
CHENNAI: Mr V.V. Sundaram, former Managing Director and CEO of Covansys India, has joined as Managing Director and Chief Executive Officer of Airbee Wireless (India) Pvt Ltd, which is part of the US-based Airbee Wireless Inc. He has the ... More

NEW PRODUCTS & SERVICES

CSC launches insurance tool
COIMBATORE: Computer Sciences Corporation (CSC) has introduced a `Customer Service Accelerator' system for integrating the multiple life and annuity insurance transactions. The insurance administration system aims at greater operating ... More

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