Business Daily from THE HINDU group of publications
Wednesday, August 22, 2007
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INFO-TECH

OUTSOURCING
India still way ahead of China: Nasscom
The Indian IT industry can breathe easy for the time being. The Chinese IT dragon is unlikely to catch up on India's lead in the global IT services sourcing market at least over the next 3-5 years, according to Nasscom.

However, ... More

TELECOMMUNICATIONS
ZTE’s CDMA base station exports
Chinese telecom equipment vendor ZTE Corporation on Tuesday said that India accounted for nearly 35 per cent of its CDMA base station exports since 2001. “Since 2001, ZTE had already shipped over 55,000 sets of CDMA base stations,” ... More

Hutch launches ‘Campus Pack 295’ for students
Telecom service provider Hutch has unveiled a special recharge plan for Tamil Nadu students.Called ‘Campus Pack 295’, the special recharge plan available at Rs 295, offers a talk time of Rs 75 with a validity of 30 days with ... More

SOFTWARE
Kemoil open offer for addl stake in Calsoft
Mumbai, Aug. 21 Kemoil Ltd has made an open offer at Rs 100 per share to pick an additional 20 per cent stake in the BSE-listed California Software Solutions (Calsoft). The open offer, if fully subscribed to, may see Kemoil’s equity ... More

Satyam deploys IBM mainframe
IT services provider Satyam Computer has announced it has procured a z9 IBM Mainframe Server that has the capability to run both traditional z/OS and the new Java and Linux workloads. The procurement makes Satyam the first and only company in ... More

Oracle kickstarts SMB roadshow
A year after launching an initiative to reach out to the SMBs in the country’s high growth cities, Oracle India is now striving to help customers understand the power of Oracle Database and Fusion Middleware by organising the ... More

INTERNET
Google unveils I-Day anniversary offerings
Bangalore, Aug. 21 A little delayed, perhaps, but welcome all the same. Google’s Indic keyboard and transliteration were announced on the Google official blog as “presents” to India on her 60th Independence day anniversary. ... More

Now AOL products for MTNL consumers
Mumbai, Aug. 21 AOL, a division of Time Warner, has forged a partnership with Mahanagar Telephone Nigam Ltd (MTNL) to bring AOL’s products and content to MTNL consumers in Delhi and Mumbai through a co-branded portal. The portal, ... More

MERGERS & ACQUISITIONS
Quintegra buying US co for Rs 200 cr
Chennai, Aug. 21 Quintegra Solutions Ltd, a Chennai-based IT services and consulting company, is close to acquiring a US company, based in Washington DC, for around $50 million (Rs 200 crore). The deal is likely to happen next month and ... More

REGULATORY BODIES & RULINGS
DoT gets tough with Net service providers
Issues termination notice to 51 non-performing ISPs More

ALLIANCES & JOINT VENTURES
Goldstone, Echelon tie up
Goldstone Technologies has entered into an agreement with the US-based Echelon Studios to boost its video library content for its video-on-demand subscribers. The agreement with Echelon is for five years on a revenue-sharing basis. It will ... More

OFF-SHORE DEVELOPMENT
Wipro offshore centre for Zurich Financial
Bangalore Aug. 21 Wipro Technologies has set up a 300-seat dedicated new offshore development centre for Zurich Financial Services Group (Zurich) at Chennai. Earlier this year, the company had signed a deal with Zurich to provide ... More

Infosys sets up Latam unit
Infosys Technologies on Tuesday announced the creation of its Latin American subsidiary and the opening of a development centre at Monterrey in Mexico. The subsidiary, Infosys Technologies S.De Rl De CV, provides the company’s full range of ... More

E-COMMERCE & E-BUSINESS
Logix rolls out car sale portal
Bangalore, Aug. 21 A year from now, you could buy a car online. The Internet is revolutionising the auto business in the country. Over 40 per cent of prospective car buyers do their research on the Internet before buying a car. ... More

STANDARDS & BENCHMARKS
Nokia’s defective battery count jumps to 3 lakh
New Delhi, Aug. 21 Nokia has identified 3-lakh mobile handsets in the country with a defective battery belonging to the BL-5C series. The company has got over 60 lakh SMS from mobile users across the country to check if their handsets ... More

PEOPLE
AppLabs appoints new COO
Software testing services provider AppLabs today announced the appointment of Mr Makarand Teje as President and COO, in-charge of operations in the US and India. Mr Teje brings 18 years of experience to Applabs, with over 15 years at Wipro, ... More






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