INFO-TECH
OUTSOURCING
Accolade for Cambridge Solutions
Cambridge Solutions announced on Wednesday that it has been named one of the best outsourcing companies in India and Western Europe in the "2007 Global Outsourcing 100" list. The list is based on applications received and ...
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INFRASTRUCTURE
Kerala Cabinet clears Smart City project
The Kerala Cabinet has cleared the Smart City project in Kochi proposed by the Dubai-based Technology and Media Free Zone Authority (TECOM). An agreement for setting up the city would be signed between the State Government and TECOM before ...
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POLICY
Final guidelines on investment in Fab units next week
7 telecom centres of excellence in key research institutes to be set up
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FINANCIAL PERFORMANCE
Patni Computer clocks 89.7% rise in Q1 net
Patni Computer Systems has posted 89.7 per cent increase in consolidated net profit for the first quarter ended March 31, 2007. The rise has come on the back of fresh business from 26 new clients and increased revenues from higher value service ...
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Idea Cellular Q4 net profit rises 65%
Idea Cellular, which publicly listed in March, said its consolidated net profit for the fourth quarter of the fiscal amounted to Rs 193.4 crore, registering a 65.6 per cent rise over the corresponding year-ago quarter. Total revenues were up ...
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HARDWARE
SemIndia may complete Fab City phase 1 in a year
SemIndia today announced that phase one of the Fab City project, a test and assembly plant for semiconductors, will be ready within a year while work on the infrastructure project related to the larger Fab City would be taken up ...
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INTERNET
`India is among top priorities of Yahoo!'
India is one of Yahoo!'s top priorities, according to co-founder Mr David Filo, who visited the firm's India development centre on Wednesday. Commending the leadership, innovation and proficiency of the engineers employed in India, who number a ...
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HUMAN RESOURCES
Paprikaas to double headcount to 340 in 6 months
Building a 1-lakh sq ft studio at ITPL, Whitefield
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ALLIANCES & JOINT VENTURES
Satyam signs pact with Temenos
Satyam Computer Services today announced it has forged a strategic alliance with Temenos, a Switzerland-based provider of integrated core banking systems. Through this alliance Satyam will implement T24, Temenos's modular core banking system. ...
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OFF-SHORE DEVELOPMENT
Secova plans second facility
Secova eServices, a US-based human resources and benefits management company with offshore development centre in Chennai, will open its second facility in the city. The 26,000 sq ft new facility at DLF IT Park will have a ...
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BROADBAND
MNCs may be allowed to offer 3G services
Air Force to vacate spectrum in July
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VENTURE CAPITAL
iYogi gets $3.1-m from SVB Fin, Canaan Partners
It targets $100 m revenues in the next 4 years
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OUTLOOK
US co eyeing Indian firms to expand Linux ecosystem
The US-based Open Invention Network is seeking out "big Indian firms" to licence out open source products. Recently, Oracle became a licensee of patents held by OIN and the firm is now looking at Indian firms to expand the Linux ecosystem, ...
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IT industry growth will be there long term, says Nasscom chief
Mr Lakshmi Narayanan, Cognizant Technology Solutions' Vice-Chairman and Chairman of industry body Nasscom, is confident that the growth of the information and communication technology (ICT) industry will last several years, perhaps even 20 years, ...
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