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TELECOMMUNICATIONS
Nokia Siemens to invest $100 m in India
Will manufacture telecom equipment at new TN plant More

UK’s Meridian Mobile focusing on South India
Bangalore, July 2 Meridian Mobile, a UK-based company that aims to garner a sizeable share in the mobile handset market, has announced an aggressive plan to target the tech-savvy South for its rapid growth. Meridian Mobile, part of the ... More

FINANCIAL PERFORMANCE
Financial Tech Q4 net up 28%
Mumbai, July 2 Mumbai-based Financial Technologies has posted a 28.33 per cent rise in consolidated net profit to Rs 27.9 crore for the quarter ended March 31, as against Rs 21.74 crore recorded in the corresponding year- ago ... More

SOFTWARE
National Insurance retains Infosys account
Less medical claims, PML ratios weighed in favour of the IT co More

IT TRAINING
Sun learning centre in Chennai
Sun Learning Services, a division of Sun Microsystems India, has launched its learning centre in Chennai. The centre will offer training in Java and XML technologies, Identity Management, Solaris OS coursers, Sun Java Composite Application suite ... More

ALLIANCES & JOINT VENTURES
Congruent forms joint venture with European co
Chennai, July 2 Congruent Solutions, a Chennai-based IT company, has formed a joint venture with EMDI Europe SA, a Luxembourg-based company, to offer software services to European companies, according to Mr Bala J. Raman, co-founder and ... More

OFF-SHORE DEVELOPMENT
Tech Mahindra sets up centre in Ireland
Bangalore, July 2 Tech Mahindra Ltd, a global systems integrator and business transformation consulting firm focused on the telecom space, today announced creation of a centre of excellence for business service delivery, including solution ... More

CONVERGENCE
‘Convergence of technology, consulting services inevitable’
Chennai, July 2 Recently, the markets were abuzz with unconfirmed reports about the likely takeover of a French consulting company by an Indian software major. As expected, the share price of both the companies shot up on the charts, even as ... More

OUTLOOK
Vensoft plans $10-m investment in India
Technology solutions provider Vensoft has announced plans to invest $10 million in expanding their operations in Hyderabad including setting up of a virtualisation lab.The company headquartered in Phoenix, Arizona (US), plans to hike ... More

IT sector revenues seen rising 24-27%
Exports on track to hit $60-b mark by 2010: Survey More

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