INFO-TECH
RESEARCH & DEVELOPMENT
`Research labs face acute shortage of scientists'
India needs to go beyond valuing managers and monetary success, and laud researchers for technical achievements, urged Dr C. Mohan, Chief Scientist, IBM India, speaking at India Innovation Summit organised by the Confederation of Indian Industry ...
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NEW BUSINESS
Four Soft bags Yusen Air contract
Four Soft has announced that it has signed a contract with Yusen Air & Sea Service Co Ltd. (YAS), Japan to deploy 4S eTrans for its operations worldwide. 4S eTrans is a Web-centric application for transportation companies and ...
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OUTSOURCING
HDFC, Barclays shed stake in BPO firm
Blackstone open offer for Sparsh
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`Stake sale in Intelenet will provide right impetus'
HDFC believes that the stake sale in the BPO company Intelenet is a win-win situation for all entities involved. "The BPO business today needs more focus and we believe that the new arrangement would provide the right impetus," said Ms Renu S. ...
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AWARDS & HONOURS
Robosoft gets export award
The Udupi-based Robosoft Technologies Pvt Ltd has won the `Best Services Export Award (Silver)' at a function organised by the Federation of Karnataka Chambers of Commerce and Industry (FKCCI). A company release said here on ...
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TELECOMMUNICATIONS
USO fund support for sharing backhaul fixed line network
TCIL to carry out survey
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Congestion level on mobile networks rising
TRAI says it can't interfere as case pending before telecom tribunal
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INSIGHT
Enterprise Management Building intelligence into information systems
Knowledge Management, which is the orderly encapsulation and deployment of critical knowledge, is vital in fostering a firm's competitiveness. Enterprise Management Systems provide a management and technology framework for superior Knowledge Manageme nt.
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MERGERS & ACQUISITIONS
Cranes buys Dunn Solutions, Tilak AutoTech for Rs 70 cr
Cranes Software International Ltd has acquired the US-based Dunn Solutions Group (DSG) and the Pune-based Tilak AutoTech (TAT) in Rs 70 crore deal. DSG, a technology consultancy with expertise in intellectual properties (IPs)/products in ...
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Genpact acquiring Axis Risk Consulting
Business process outsourcing firm Genpact today announced an agreement to acquire Axis Risk Consulting Services Pvt Ltd, an independent risk-consulting firm that provides risk assurance services, including internal audit, business performance ...
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IT & BPO sector notches up $860 m in M&A deals
Cross-border deals touch $661 m during January-May
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OVERSEAS INVESTMENTS
IT, ITeS corner lion's share of outbound investments to US
They account for 48% of the total deals worth over $2 b in 2006-07
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ALLIANCES & JOINT VENTURES
Airtel, HCL Info in tie-up
Airtel has joined hands with PC maker HCL Infosystems to offer a bundled broadband connection with HCL personal computers (PCs). "Under the new offer, customers will be entitled to a special price for an Airtel broadband ...
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CONVERGENCE
Tata Indicom launching Net radio
Tata Teleservices said it will be offering Internet radio services with its Tata Indicom mobile phone service. As many as 41 international and domestic radio stations will be available on Tata Indicom phones across all Tata Indicom circles, ...
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BROADBAND
Army, Navy refuse to give up radio frequency
DoT banks on Air Force to ease spectrum crunch for mobile firms
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