INFO-TECH
TELECOMMUNICATIONS
Tata Indicom pre-paid offer
Tata Teleservices Ltd has announced a new pre-paid mobile phone with FM radio priced at Rs 2,199 and comes with additional benefits of free incoming calls for two years and 2,000 minutes of free calls to any Tata phone. Named ...
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Idea contest winner
Idea Cellular on Wednesday announced the Honda City grand prize winner for `Idea Dhamaka Contest'. According to an Idea statement, Mr Anand Sagar of Hyderabad was the winner of a Honda City car. ...
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VSNL arm signs debt facility
Neotel, the South African arm of Videsh Sanchar Nigam Ltd (VSNL), has signed a Rs 1300-crore bridging debt facility with a funding consortium comprising Nedbank Capital, Investec Bank Ltd and the Development Bank of Southern ...
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BUDGET
Nasscom for I-T waiver for NRIs outsourcing jobs
The Natioanl Association of Softaware and Services Companies (Nasscom) has recommended a slew of measures for the Indian IT sector in its pre-budget memorandum. To boost the BPO industry as well as remove the concerns of non-residents, the ...
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SOFTWARE
Team to promote free software
The State Government proposes to set up within two weeks a team comprising senior officials, entrepreneurs and free software professionals to suggest ways for promoting Kerala as a destination for free software enterprises. The ...
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Innominds to invest $5 m in expansion
Technology product engineering services provider Innominds Software has announced plans to expand its India operations with an investment of about $5 million over the next two years. The company, with its headquarters in Santa Clara, ...
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Bengal to provide more sops for IT, ITES sector
The West Bengal Government will soon sweeten the package of incentives that is available to investors in IT and ITES sector. In addition to the capital subsidy and interest subsidy, the Government plans to introduce a training subsidy that ...
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iGATE centre for testing services in Bangalore
iGATE Global Solutions Ltd has expanded its service offering portfolio by foraying into independent verification and validation (IV&V) services and has set up a centre of excellence in Bangalore to showcase its solutions. The iGATE's board ...
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INTERNET
Wordmasters contest winners
Google India announced the winners of Google Wordmasters 2006, the creative writing contest designed to identify and celebrate India's top English writing talent. Google named Vamsi Krishna Nakkina from Hyderabad as overall ...
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FOREIGN DIRECT INVESTMENT
DoT seeks Cabinet nod to amend Press Note 5
Foreigner-CEO and remote network monitoring
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MERGERS & ACQUISITIONS
L&T Info to buy US-based GDA
Larsen & Toubro Infotech Ltd, a subsidiary of L&T, has signed a definitive agreement to acquire GDA Technologies, including all its design centres in the US and India. GDA, a privately held electronic design firm based in California, has over
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NEW PROJECTS
Genpact on expansion spree
Genpact on Wednesday announced its expansion plans in the cities of Bhopal, Bhubaneswar and Jaipur. The company has received an in-principle clearance to set-up three Special Economic Zones (SEZs) from the Board of Approval, ...
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TRADE & LABOUR UNIONS
Strike dilemma
WHAT'S IN STORE?: It may be business as usual for the IT sector employees in Kolkata on Thursday. Although CITU has declined to exempt the IT and IT-enabled services firms from the 24-hour strike saying that the sector was not on the list of ...
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Show of strength
STRIKE CALL: CITU supporters taking out a rally on the eve of Thursday's strike at Salt Lake, Sector-V, the IT corridor in Kolkata. CITU has declined to exempt the IT and ITeS sector, but the State Government thinks differently. ...
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ALLIANCES & JOINT VENTURES
F-Secure ties up with VSNL
Package for SME customers
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OFF-SHORE DEVELOPMENT
US grocery chain plans centre
Supervalu Inc, the 130-year-old US grocery chain, is setting up its IT operations in Bangalore as part of its ongoing work to support its strategic initiatives. The company is investing $50 million over five years in Supervalu ...
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Unitus plans UK arm
The city-based software services and solutions company Unitus has announced that it will be setting up a subsidiary in the UK, with its office to be opened in London early next year. The company plans to invest £3 million over the next three ...
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SOCIETY & DEVELOPMENT
AP to launch medical helpline
The Andhra Pradesh Government has roped in a not-for-profit organisation run by Satyam Computer Services to launch a toll-free helpline for health-related issues. People can call 1056 for advice on maternal health, and child and neonatal ...
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DIVERSIFICATION
Bharti teams up with AXA for life insurance foray
Mutual fund, non-life venture likely in the near future
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IT-ENABLED SERVICES
SlashSupport creates brand ManageInfra
SlashSupport, an offshore technology support company of the San Jose-based CSS Group, has created ManageInfra, a separate brand for its Remote Infrastructure Management business. ManageInfra has ramped up its relationship with the US-based ...
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