INFO-TECH
PREFERENTIAL ALLOTMENTS
Aptech EGM okays issue of 47 lakh convertible warrants
Aptech, which held an extra ordinary general meeting, approved issue of 47,62,500 warrants, convertible into an equal number of equity shares of Rs 10 each within 18 months from their allotment, at a price not higher than Rs 113 per warrant, ...
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NEW BUSINESS
Object Frontier bags Canadian order
Object Frontier Software Private Ltd (OFS), global IT services provider, has bagged three projects totally worth about $500,000 (about Rs 2.25 crore). Two projects are with Canadian companies - Analystic Inc and FinRad, and the ...
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OUTSOURCING
Unisys to have 2 more centres
Unisys Corporation said on Wednesday that it would add two more global sourcing operations centres in India to expand its offshore resources to 6,000 people by 2008. Unisys currently has a development centre in Bangalore, which employs over 1,000 ...
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TELECOMMUNICATIONS
Hutch-Essar arms get DoT nod for FDI
The Department of Telecom has given its approval to Hutchison Essar Ltd's six subsidiaries offering cellular services in the country for direct or indirect foreign direct investment of 68 per cent. The six subsidiaries ...
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Idea movie invite contest
Idea Cellular has scheduled a special screening of Chiranjeevi starrer Stalin on September 23 at Prasad's IMAX theatre. Idea customers across the State participated in a movie-based contest using short code 6666. Three ...
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Anil Ambani meets Maran
Mr Anil Ambani, Chairman, Reliance Communication, on Wednesday met Mr Dayanidhi Maran, Union Minister for Communication and IT, and discussed issues related to Reliance's GSM foray and spectrum allocation for 3G services, ...
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HARDWARE
HP laserjet printer for Rs 13,000
Hewlett Packard is all set to launch its cheapest multifunction laserjet printer in India for Rs 13,000. This brings down the entry-level price of a HP-branded laser printer that can print, scan and copy by Rs 3,000. HP has launched the new ...
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Einfochips joins Tensilica program
Einfochips, provider of cutting edge ASIC design and verification services, embedded systems solutions and IP cores, announced that it has joined the Tensilica Xtensions Design Center Partner Program to offer system-on-chip (SOC) ...
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SOFTWARE
HCL tool for pharma cos
HCL Technologies Ltd has introduced "e compliance", a software to manage global regulatory submission processes for pharmaceutical companies. The package includes digitally creating, publishing and managing submissions ...
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HUMAN RESOURCES
IT firms earning less revenue per employee
Despite rising revenues, an IT employee today is bringing in less money to his organisation compared to 2002-03. The revenue per employee (RPE) ratio for companies such as Infosys Technologies Ltd and Satyam Computer Services Ltd has mostly ...
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MERGERS & ACQUISITIONS
AppLabs buys UK-based testing co
Software testing major AppLabs Technologies on Wednesday announced that it has acquired IS Integration, a UK-based IT and business solutions testing consultancy, for Rs 170 crore. The company, with a combined staff of around 1,500, expects ...
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E-GOVERNANCE
CSI receives 100 eGov projects for evaluation
Features, sustainability and innovation are parameters
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EVENTS
Animation seminar on Saturday
The Technopark-based Toonz Animation India is organising an animation seminar here on Saturday. A Toonz Animation spokeswoman said the seminar would see animation expert, Mr Prosenjit Ganguly, an alumnus of the National Institute ...
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OUTLOOK
Actis Tech to focus on east
Actis Technologies Pvt Ltd, audiovisual and environment control solutions provider, has decided to appoint 50 channel partners in the eastern region within the next year. The Rs 40-crore turnover company currently has about 500 channel ...
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Reliance, Bharti in talks for infrastructure sharing
The largest CDMA operator in the country, Reliance Communications, and the largest GSM cellular operator, the Bharti Group, are in talks to share about 2,000 cell sites across the country. The move will enable the two operators to cut down on ...
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PEOPLE
V-P, Emerson Telecom Business
Emerson Network Power India announced the appointment of Mr Ravi Badwal as Vice President - Telecom Business. In his role, Mr Ravi will be responsible in driving the growth of the telecom vertical within Emerson by leveraging the business ...
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