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Friday, October 13, 2006
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INFO-TECH

STORAGE
Symantec to set up another facility
Symantec Corporation, a storage and server applications company, is now on the look out for setting up another location in the country. By the next financial year, the location of the new centre would be finalised, said Mr Robert Soderbery, ... More

OUTSOURCING
Hewitt Associates for curricula changes in educational institutions
Hewitt Associates, a global consulting firm for the outsourcing industry, will provide a road map to the State Governments for creating educational institutions that would match the requirement of the industry. The company will propose changes ... More

Cable & Wireless to apply for NLD, ILD licences
In talks with major telecom operators More

TELECOMMUNICATIONS
BSNL slashes fixed-line STD rate to Re 1/min
Local calls will be cheaper too, in a bid to resell surrendered lines More

Reliance introduces Re 1 STD card
Reliance Communications has introduced a new service `Reliance STD Card' offering an STD tariff of Re 1 per minute, making it available to all post-paid and pre-paid customers of its mobile and fixed wireless subscribers. "The launch of ... More

Nokia launches new series multimedia handsets
To focus on convergence among Internet, PCs More

Map, directions on your mobile
No more losing your way while driving. Now you can cruise through complex roads in Indian cities using your mobile phones for direction to your destination. The MapmyIndia portal is tying up with mobile service providers to offer easy navigable ... More

COURTS/LEGAL ISSUES
vMoksha seeks compensation from Helios and Matheson
vMoksha Technologies Ltd has claimed a compensation of Rs 50 crore from the Chennai-based Helios and Matheson for not fulfilling the obligation of merger between the two in 120 days as per the Sales Purchase Agreement dated May 11, 2005. The ... More

INSURANCE
IFFCO-Tokio to cover risks of infotech sector
Reinsurance support from Hiscox Plc of UK More

FINANCIAL PERFORMANCE
Aztecsoft net at Rs 11.46 cr
Aztecsoft has reported a net profit of Rs 11.46 crore on revenues of Rs 67.92 crore for quarter-ended September 2006, a growth of 14 per cent and 23 per cent, respectively, over previous quarter's net of Rs 9.27 crore on revenues of Rs 59.48 ... More

HARDWARE
Sun Micro server market share
Sun Microsystems India announced it led the non-x86/UNIX server market in Q2 2006 (August) with 38 per cent by revenue and 56.6 per cent market share by units. The Asia Pacific Quarterly Enterprise Server Tracker conducted by ... More

Acer service camp
Acer India is holding an exclusive one-day free service camp for customers here on Friday. The camp will be held at the Acer showroom, outlet and service centre (Acer Care Clinic) at LR Plaza, Kaithamukku, Fort Road, ... More

SiRF India joins ISA as a member
SiRF India, a wholly owned subsidiary of US-based GPS chipmaker SiRF Technology Holdings, has joined the India Semiconductor Association (ISA) as a member. ISA is the national body for the Indian semiconductor ... More

VIA offers carbon-free PCs
Chipmaker VIA Technologies, in partnership with United Kingdom-based Evesham Technology and Tranquil have launched carbon free Personal Computers (PCs) under its global programme designed to reduce the environmental impact of ... More

SOFTWARE
Intel channel partner programme
Intel has introduced a Software Channel Partner Programme, through which it would offer training to its resellers. Speaking on the concluding day of the developer forum held in the city, Mr Phil De La Zerda, Director, Sales and ... More

Network General to expand
To increase headcount of development team More

SunTec banking tool
SunTec Business Solutions has launched the TBMS-F V4 billing software to address the demand from the banking sector for a solution that can be deployed across global markets to concurrently link various financial products. The ... More

INTERNET
Local info just a click away
Guruji partners Yellow Pages providers More

Web portal on marketing drive
TrueFriend Shoppe.com, a free Web portal for information-sharing on real estate, jobs, tourism, matrimonial, automotive and business deals, is embarking on a marketing drive. The portal plans to appoint marketing officials in each district in ... More

HUMAN RESOURCES
SmartAnalyst to hike headcount
The Indian arm of US-based research and analytics company SmartAnalyst has raised $3.75 million from two venture funds and will multiply its headcount nearly eight times in the next few years. "The company has secured $3.75 million funding ... More

MERGERS & ACQUISITIONS
Geometric buys Modern Engg unit
Geometric Software Solutions Co Ltd has acquired the engineering services division of Detroit based Modern Engineering. The deal is valued at about $32 million, including a working capital loan of about $7 million. The net ... More

Aptech to buy 70 pc stake in Synergetics
Aptech Ltd has announced that it will acquire 70 per cent equity stake in Mumbai-based Synergetics Information Technology Service India Pvt Ltd for Rs 3.5 crore. The company board also decided to infuse additional capital of Rs 5 crore in ... More

Kenexa to acquire BrassRing
The transaction is expected to close in the fourth quarter. More

First Carlyle ups stake in Allsec
First Carlyle Ventures Mauritius has increased its stake in Allsec Technologies Ltd to around 25 per cent from 20 per cent, according to an Allsec official. The increase was through purchase of 7.50-lakh fully paid up equity ... More

ENTERPRISE RESOURCE PLANNING
3i Info unveils solution for apparel sector
3i Infotech on Thursday launched `Orion' — an ERP solution for apparel manufacturers and distributors in Tirupur. It plans to launch the product in Mumbai and Ludhiana in a month's time. Its Chief Operating Officer (South Asia), Mr ... More

SECURITY
Expert panel on security may favour ranking of cos
To bring out report by mid-November More

Talks on to tackle data theft
Commenting on the issue of data theft and the renewed focus on protection measures, Mr John Fennerty, Deputy Economic Counsellor, US Embassy in New Delhi, said a dialogue was now on at the government-to-government level to evolve a mechanism to ... More

CONVERGENCE
Nortel plans trial run for IPTV set-top boxes
Nortel Networks, the $10.5 billion Canadian telecom equipment manufacturer, plans to run trials of IPTV (Internet protocol television) set-top boxes (STBs) in India. It has a joint venture with LG Electronics, and the STBs would be imported ... More

MARKETING
Cisco rolls out NOW in Pune
Indian SMBs are set to spend $1.2 billion to better their Internet and networking infrastructure in 2006. More






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Top Stories
BHEL, Russian co to jointly upgrade UP power station

Expert panel on security may favour ranking of cos

IFFCO-Tokio to cover risks of infotech sector

Reliance introduces Re 1 STD card

DLF plans bigger IPO; more land acquired

Rs 5,200-cr plan for Mumbai airport unveiled

HLL brews a `live' hoarding idea

H1 cargo traffic up at major ports

Looking back
Oct. 1-Oct. 7
`Engg services promise $750-b opportunity'

Computer education cos gaining on bourses

Forrester sees slowdown in US tech spend



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