Financial Daily from THE HINDU group of publications
Wednesday, January 04, 2006
Markets (January 3)
BSE Sensex9539.37(+149.23)
S&P CNX Nifty2883.35 (+47.40)
US Dollar (Buy/Sell)44.98/45.11


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ANNOUNCEMENTS


iGATE board meet on Jan 11
BANGALORE: iGATE Global Solutions Ltd has informed the Bombay Stock Exchange that a meeting of the company's Board of directors will be held on January 11 to take on record its audited financial results for the third quarter and nine ... More

Aztec board meets on Jan 9
BANGALORE: Aztec Software and Technology Services Ltd has said that a meeting of the board of directors of the company will be held on January 9, to consider the financial results of the company for the third quarter ended December 31, ... More

OUTSOURCING


IT, business services spend — UK's Tesco saves 30% by outsourcing to Indian arm
TESCO, the £37-billion UK-based retail company, gets 30-40 per cent cost reduction in technology and business services by outsourcing from its Indian global services arm, Tesco Hindustan Service Centre (Tesco HSC), according to Ms Meena Ganesh, ... More

AWARDS & HONOURS


Software Paradigms gets award
BANGALORE: The Managing Director of Mysore-based Software Paradigms (India) Mr K.K. Mookerji, has been awarded the Rashtriya Udyog Ratan Award for 2005. Instituted by Indian Organization for Business Research &Development (IOBRD), this ... More

TELECOMMUNICATIONS


DoT admits to lapses in spectrum allocation — Working on new policy to plug loopholes
The government is also looking at creating a Defence Band for specific use by the armed forces. More

INSIGHT


Security in IT destinations — no cause for panic
Soon after the Bangalore attack, the Tamil Nadu Police beefed up security in various parts of the State, including armed police pickets at TIDEL Park, Indian Institute of Technology, Anna University, and the Central Leather Research Institute, among other institutions. More

HARDWARE


Digital Waves' PC range
BANGALORE: Bangalore-based Digital Waves have launched the Power X D266 range of LCD PCs targeted at the corporate and SOHO (small office home office) users. Manufactured and imported from Singapore, the Power X range is driven by an Intel ... More

SOFTWARE


Business development CMM model to be introduced
SOFTWARE Quality Center (SQC) India, the subsidiary of a US- based process improvement firm, is introducing Business Development CMM (BD-CMM) model, a pioneering and `inclusive' standard for improving practices across organisations. Mr ... More

Greek bank to deploy Flexcube
I-FLEX solutions said on Tuesday that Alpha Bank, the second largest bank in Greece, has selected its core banking solution Flexcube for consumer lending operations and loan syndication. Alpha Bank has more than 450 branches across Greece, ... More

Covansys launches business intelligence concept centre
COVANSYS, in partnership with IBM, on Tuesday launched the Covansys concept centre for WebSphere DataStage to strengthen its offerings in the business intelligence (BI) practice with respect to `real-time information integration' ... More

INDUSTRY ASSOCIATIONS


Nasscom, USIBA ink pact for cooperation
THE US India Business Alliance (USIBA) and the National Association of Software and Service Companies (Nasscom) on Tuesday signed a memorandum of understanding for co-operation in areas relating to immigration, outsourcing and strategies for ... More

EVENTS


CII meet on IT services
HYDERABAD: The Confederation of Indian Industry will organise a conference on the hardware and IT-enabled services sectors here on January 12, coinciding with GITEX India-2006. The conference would address the issues, challenges and ... More

PEOPLE


New CEO for SQL Star
HYDERABAD: Mr Narendra Shukla has been appointed as the Chief Executive Officer of SQL Star International. His previous assignment with Oracle Corporation led him to manage ties with large enterprises such as Reliance and Tata Group. ... More



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