The Hindu Business Line : Wednesday, June 27, 2007

SOFTWARE
eInfochips sets up ennovate Technologies
The Ahmedabad-based eInfochips Ltd announced on Monday the formation of a new software business unit, called ennovate Technologies, to leverage its domain expertise in the software technology, collaboration, healthcare and web applications to ... More

Intelligroup's bid to accelerate software testing
Plans to expand operations in India More

3i Infotech raises $100 m in FCCBs
3i Infotech Ltd has successfully priced a zero coupon foreign currency convertible bonds (FCCBs) offering of $100 million convertible over a five-year period. The FCCBs are proposed to be listed on the Singapore Stock Exchange. ... More

i3 Software opens new facility
i3 Software has announced the opening up of a new facility here with its Chief Operating Officer, Mr Krishna Sastry Dochibhotla, announcing plans to scale up human resources to 100 by the year-end and to 200 by June 2008. Mr ... More

IT TRAINING
Orient Global picks 9% in NIIT
Orient Global, a Singapore-based investment group founded by Mr Richard Chandler, has acquired over 9 per cent stake in IT training major NIIT Ltd. Orient Global's Education Fund bought 2.06 million shares of NIIT Ltd from Intel Capital. "NIIT ... More

MERGERS & ACQUISITIONS
`Blackstone-Intelenet deal validates Indian BPO industry's strength'
"The deal comes as a shot in the arm for the sector, which has been seeing turbulent times." More

Cisco completes buying of IronPort
Cisco on Tuesday announced the completion of its acquisition of security firm IronPort Systems. Cisco acquired IronPort on January 4, for $830 million in cash and stock. IronPort's products and technology will enable Cisco to ... More

ALLIANCES & JOINT VENTURES
Intel, NIIT to launch multi-core training
To be deployed in 32 countries More

OFF-SHORE DEVELOPMENT
MindTree sets up offshore centre for CIT
MindTree Consulting has set up an offshore development centre (ODC) for CIT Group Inc, a global provider of commercial and consumer finance solutions. The ODC will initially employ 75 consultants and later over 100 as the $80-billion CIT ... More

SECURITY
F-Secure scores high in tests
F-Secure Corporation has managed to shine in the proactive and signature-based protection tests. A company release said that it scored high in two independent tests conducted recently. The biggest IT security problem that most ... More

ISPS
Net4India may foray into long-distance telephony
Internet service provider Net4India is mulling entry into the long-distance telephony segment to offer voice and data services to corporates. The company, which on Monday reported a 73 per cent increase in its revenues for the year ended Mach ... More

PEOPLE
Mohapatra quits as Aricent President
Mr Manoranjan Mohapatra has quit as President and Chief Operating Officer of communications software company Aricent. Mr Mohapatra, who is currently serving a notice period and would be released by July-end, is understood to have put in his ... More