The Hindu Business Line : Thursday, August 09, 2007

Infosys BPO files countersuit against US co
Bangalore Aug. 8 Infosys BPO has filed its own claims against New York-based The Buying Triangle (TBT), following the lawsuit by the US company. It has also moved to dismiss the suit, the company said in a statement on ... More

AWARDS & HONOURS
NIIT tool gets innovation award
IT trainer NIIT today said its Auto-Quote education solution based on ‘Critical Mistake Analysis (CMA)’ methodology has enabled US-based Allstate Insurance Company to receive ‘Innovation Award’ instituted by Society of ... More

TELECOMMUNICATIONS
Spectrum crunch hits Idea plans
Mumbai rollout deferred; Bihar foray put on hold More

Soros fund among RCom tower biz stake buyers
Mumbai, Aug. 8 The George Soros-promoted Quantum Fund is among the seven international investors which have together picked up a 5 per cent stake in Reliance Telecom Infrastructure Ltd (RTIL). They bought the stake for Rs 1,400 crore, ... More

New offering
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STOCKS
Merrill Lynch sheds stake in Goldstone
Merrill Lynch Capital Markets Espana has informed NSE that they have sold 3,00,000 shares amounting to 2.3 per cent of equity in Goldstone Technologies, thereby bringing down its total holding in the company to 3.85 per cent. —Our ... More

SOFTWARE
SumTotal launches new suite
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INTERNET
ICICI Bank ties up with IFC, IBM for SME toolkit
Online resource in 13 languages More

HUMAN RESOURCES
CII organises iTalent meet for students
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MERGERS & ACQUISITIONS
Sierra acquires ArrAy; to expand Chinese operations
Hyderabad, Aug. 8 IT services and outsourced product development services provider Sierra Atlantic has announced it has acquired ArrAy Inc, a Boston-based software engineering services firm with global delivery centres in Guangzhou and ... More

OFF-SHORE DEVELOPMENT
AppLabs sets up centre in Dublin
Hyderabad, Aug. 8 Software testing services provider AppLabs on Wednesday announced the opening of its new centre in Dublin, Ireland, as a part of the company’s strategy to expand its presence in Europe. This announcement follows ... More

SECURITY
‘HoneyJax’ for Web 2.0 threats
Websense has unveiled an early warning system for Web 2.0 threats. The new technology spots social engineering attacks launched within Web 2.0 applications and delivers threat protection to customers within minutes, states a Websense release. The ... More

PEOPLE
Intel Chairman coming next month
New Delhi, Aug. 8 Dr Craig R. Barrett, Chairman of the United Nations’ Global Alliance for Information and Communication Technologies and Chairman of the Board, Intel Corporation, would visit India from September 3-5.The primary ... More

Kuldeep Goyal is new BSNL CMD
The Government has appointed Mr Kuldeep Goyal as Chairman and Managing Director on the board of Bharat Sanchar Nigam Ltd for a period of five years. Prior to this, Mr Goyal was working as Director (Planning) on BSNL board. He took charge from ... More

NEW PRODUCTS & SERVICES
Coming of age in a multicore era
LabView tweaked to exploit quad core and more More

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