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Friday, May 09, 2008
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TELECOMMUNICATIONS
DoT defers decision on VSNL stake sale
New Delhi, May 8 The Department of Telecom has decided to defer a decision on divesting its 26 per cent stake in Tata Communications (formerly VSNL) till the issue related to the company’s surplus land is settled. The matter was ... More

MTNL in pact with Contakt
Mumbai, May 8 Mahanagar Telephone Nigam Ltd has tied up with Contakt Tech Solutions India for Express alert, a new value added service for MTNL subscribers. MTNL’s subscribers will get astrology, news, stock, etc alerts by subscribing ... More

TAXATION
ESC welcomes tax break decision
More

HARDWARE
ARM opens VLSI test lab
ARM, a company designing microprocessor cores, said Thursday it opened a VLSI test lab in its design centre here, which will provide analysis of VLSI libraries and ARM physical IP to correlate design to silicon behaviour. Test chips developed by ... More

SOFTWARE
Virgin Atlantic, TCS renew contract
Virgin Atlantic, the UK-based long haul airliner, has renewed its managed services contract with Tata Consultancy Services till 2011. Under the renewed agreement, TCS will continue to manage Virgin Atlantic’s global end-to-end IT systems, ... More

Juniper bidding for network projects in four States
Bangalore, May 8 Network infrastructure provider Juniper Networks Inc said it has bid, in partnership with software companies, to create state-wide area network for Punjab, Uttaranchal, Madhya Pradesh and Chhattisgarh.The deal sizes are ... More

Go-Frugal develops retail solution for SMEs
Chennai, May 8 Go-Frugal Technologies, a Chennai-based software product company, has developed a low-cost solution for small and medium size retailers using the application platform of Sun Microsystems. Both companies would jointly take the ... More

INTERNET
Yahoo! India unveils Glue Pages
Yahoo! India has launched Glue Pages Beta – a new concept in online search that promises to make the search experience more “enriching and compelling.” Glue Pages Beta, which is being test marketed in India, collects ... More

IT TRAINING
Nace Solutions, AU-KBC pact for certification courses
Hyderabad, May 8 Chennai-based Nace Solutions (P) Ltd, a software training and consulting company, is looking to tie up with AU-KBC (Anna University–K B Chandrasekhar) Research Centre to offer joint certification courses.“We ... More

HUMAN RESOURCES
Collabera likely to double headcount in next few years
Thiruvananthapuram, May 8 IT services company Collabera expects to add over 3,000 employees to its India operations over the next few years, said Mr Jawahar Bekay, the company’s Chief Strategy Officer. Formerly known as Global ... More

MERGERS & ACQUISITIONS
3i Infotech buys 26% in Locuz
Mumbai, May 8 3i Infotech has picked up 26 per cent stake in Hyderabad-based Locuz Enterprise Solutions, a specialist in IT infrastructure solutions and services.Mr Anirudh Prabhakaran, Executive Director and President - South Asia, 3i ... More

OVERSEAS INVESTMENTS
Smaller telcos eye global acquisitions
Tulip IT, Kavveri Telecom scouting for buyouts More

ALLIANCES & JOINT VENTURES
Patni, Schindler tie up
Patni Computer Systems has partnered with elevator company Schindler for development, enhancement and testing services of its double-deck elevator. A double-deck elevator is designed in such a way that two cabins of an elevator are attached on ... More

EVENTS
Toonz selected for tech show
More

OUTLOOK
‘Cognizant to adopt more conservative approach in Q2’
More






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