The Hindu Business Line : Wednesday, March 26, 2008

RESEARCH & DEVELOPMENT
Tata Sons arm, Yahoo! tie up for cloud computing research
Yahoo! Inc and Tata Sons subsidiary firm Computational Research Laboratories (CRL) have entered into an agreement to make available-EKA, the fourth fastest supercomputer in the world- for cloud computing research in India.This effort is ... More

NEW BUSINESS
Four Soft bags IAL deal
Hyderabad, March 25 Logistics and supply chain solutions provider Four Soft Ltd on Tuesday announced that IAL Group has selected 4S eTrans to help the latter meet its multi-modal freight forwarding operations in India. Shipping and ... More

Nortel bags $100-m GSM deal from BSNL
Will enable BSNL to enhance network capacity in South More

TELECOMMUNICATIONS
Low-cost handsets driving mobile market: Yankee Group study
62% of imported handsets are sub-$50 More

TRAI’s views sought on allowing MVNO
New Delhi, March 25 The Department of Telecom has asked the Telecom Regulatory Authority of India to suggest a policy framework for introducing Mobile Virtual Network Operators in the country. The move follows controversy around the ... More

SOFTWARE
Pi Corp to expand product centre
Pi Corporation plans to expand its product development centre in Bangalore by 50 per cent. The company will expand the core technical team with “additional highly experienced software development and quality assurance positions”. ... More

IT TRAINING
Kaashyap Tech plans two competency centres
Chennai, March 25 Kaashyap Technologies Ltd (KTL) is planning to set up two training institutions, an IT (information technology) security and risk management competency centre, and a capital markets training centre.“These are ... More

HUMAN RESOURCES
Pay panel moots scrapping of ITS cadre, telecom panel
New Delhi, March 25 In a move that could raise alarm bells in Sanchar Bhawan, the Sixth Pay Commission report has recommended scrapping the Indian telecom services cadre and the Telecom Commission. While the Telecom Commission is the ... More

Etihad Etisalat to invest Rs 70 cr, hire 200 professionals by year-end
Bangalore, March 25 Etihad Etisalat Co (Mobily), Saudi Arabia’s second largest mobile telephone operator, said on Tuesday that it plans to invest Rs 70 crore in the next three years to expand its operations in India. The company ... More

MERGERS & ACQUISITIONS
‘Indian BPOs may be target of acquisitions’
The Indian outsourcing sector is amongst the worst hit by the rising rupee with most of the companies showing a slump in growth and profitability. Valuations too have fallen. However, this situation not only reflects the ‘deteriorated ... More

OUTLOOK
‘India to remain fastest growing IT services market in Asia Pacific’
Region’s market set to reach $56 b by 2011: Report More

TRENDS
Rising laptops sale drags UPS market down
More

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