Financial Daily from THE HINDU group of publications
Saturday, August 06, 2005
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RESEARCH & DEVELOPMENT


Wipro making R&D services next battleground: Forrester
FORRESTER Research has found that Wipro's new product engineering services is making R&D services the next battleground for both MNCs like IBM and Indian offshore players like Infosys. The 10,000-strong group with 120 active clients and ... More

TELECOMMUNICATIONS


`TN, Bengal in the reckoning for submarine cable landing station'
THE report on a feasibility study on the proposed submarine cable landing station project connecting the east coast of India and the international gateway at Singapore via the Andaman & Nicobar Islands (A&N) is expected to be ready within the More

Tata Tele (Maharashtra) FCCB issue okayed
TATA Teleservices (Maharashtra) Ltd has acquired shareholder permission to issue foreign currency convertible bonds up to a limit of $200 million (Rs 880 crore). The company has drawn up a capital expenditure plan of Rs 700 crore for the ... More

Reliance Infocomm covers 500 towns in TN
MADURAI: Reliance Infocomm's mobile service network covers 500 towns in the State now with the launch of its service at Labbaikudikadu, recently. According to Mr V.G. Somasekar, RIM Geography Head, Tamil Nadu and Kerala, 600, besides ... More

HARDWARE


H-P's vendor rating upgraded
NEW DELHI: H-P on Friday announced that it has been upgraded to a `positive' overall vendor rating by technology analyst firm, Gartner, Inc, in its 2005 Vendor Rating report. In terms of corporate viability, H-P received a `positive' ... More

SOFTWARE


Canara Bank engages i-flex, IBM
CANARA Bank has picked up i-flex Solutions' Flexcube for its core banking solution. IBM will be implementing Flexcube for Canara Bank. Speaking to reporters here on Friday after signing the CBS deal, Mr M.B.N. Rao, Chairman and Managing ... More

MS busy with Windows upgrade, battle on piracy
Microsoft has always been careful about coming down too heavily on pirates, because it is aware that aggression may drive the market to Linux. And yet, it cannot ignore piracy altogether because it hurts financially. More

Ramco aiming at global presence for VirtualWorks
RAMCO Systems Ltd is gearing up to take Ramco VirtualWorks to the global market in a big way, according to Mr P.R. Venketrama Raja, Vice-Chairman, Managing Director and CEO. This fiscal should see a lot of momentum with VirtualWorks. Many of ... More

MRO-Tek solution for TPBC
BANGALORE: MRO-Tek has announced that it has deployed FCAT-M Fast Ethernet-Fibre to Copper converter (FoT), Layer2 and Layer3 access solution at the TPBC Broadband Company (TPBC) to centrally manage and deliver effective Ethernet services ... More

Intuit's Bangalore centre
BANGALORE: Intuit Inc, creator of three of the best-known financial software brands in the US, has announced the launch of its product development centre in Bangalore. Intuit is a leading developer of business and financial management ... More

INTERNET


Surfing Net at work more addictive than coffee: Survey
According to a new study done by the US-based employee Internet management solutions provider Websense Inc, more than 51 per cent of the employees surveyed in India prefer to give up their morning coffee than their opportunity to use the Internet ... More

Tukaram works now on the Net
PUNE: Teachings of Maharashtra's 17th century poet-saint Tukaram will now be available on the multi-lingual Web site www.tukaram.com. The site is currently available in Marathi, Hindi and English. It has translations of Tukaram's works ... More

MERGERS & ACQUISITIONS


AT&S takes 86 pc stake in ECAD Tech
AT&S, Austrian printed circuit board (PCB) maker, has taken an 86-per cent stake in Bangalore-based ECAD Technologies, which designs, simulates and tests high-end PCBs. The companywas funded by Karnataka Information Technology Venture Fund ... More

EVENTS


Red Carpet
The Chinese delegation of Unitek Computer Company Ltd at the inaugural of `Aamar PC' manufacturing unit, in Kolkata on Friday.

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VENTURE CAPITAL


`Entire corpus of NSFIT to be committed during this fiscal'
SIDBI Venture Capital (SVCL) expects the entire corpus of the National Venture Fund for Software and IT Industry (NSFIT) to be fully committed during the current fiscal. The SIDBI Chairman and Managing Director, Mr N. Balasubramanian, said Rs ... More

IT-ENABLED SERVICES


Over 100 call centres exit biz in last three years: Nasscom
The top 20 players in the market currently account for half of the overall revenues and there are definitely fewer and more serious players in the market today. More


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