Business Daily from THE HINDU group of publications
Tuesday, August 26, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Tuesday, August 26, 2008 ePaper | Mobile/PDA Version | Audio |
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INFO-TECH MERGERS & ACQUISITIONS: Infosys buys UK-based Axon group for £407 m Cost of acquisition is roughly twice Axon’s 2007 revenues. Bangalore, Aug. 25 Infosys Technologies Ltd today said that it is buying UK-based SAP consulting company Axon Group Plc for £407.1 million or Rs 3,310 crore, in an all-cash ... TELECOMMUNICATIONS: Mobile growth hits new peak; 9.22 m wireless users in July New Delhi, Aug 25 Mobile subscriber base in the country is growing at such a fast pace that operators are breaking the record for net additions almost every second month. ... CONVERGENCE: Indians create ‘apps’ for iPhone Most are free downloads from ‘App Store’ site. Bangalore Aug. 25 It was inevitable that the huge opportunity presented by the global launch of Apple’s 3G iPhone - and the hunger of owners for compelling applications that ... HUMAN RESOURCES: Labour Ministry notice to Huawei on employment of Chinese Working without proper permits, not paying applicable I-T. New Delhi, Aug 25 The Ministry of Labour and Employment has sent a notice to the Chinese telecom equipment manufacturing firm Huawei for allegedly employing a large number of Chinese ... MERGERS & ACQUISITIONS: HCL Tech to acquire Control Point Solutions Buy to beef up multi-service delivery platforms. New Delhi, Aug. 25 HCL Technologies on Monday announced it has signed an agreement to acquire Control Point Solutions, a provider of voice, data and wireless Telecommunications Expense ... TELECOMMUNICATIONS: Airtel, RCom most congested networks Regulator awaits TDSAT order for taking action. New Delhi, Aug. 25 Massive growth in subscriber base is making Bharti Airtel’s mobile network the most congested one in the country. ... SOFTWARE: Bharti Retail, IBM tie up Bharti Retail Ltd and IBM India have announced a strategic partnership under which IBM will provide technology and services that will enable Bharti Retail to scale up operations in the long term. The companies signed the ten-year partnership ... IT TRAINING: NIIT accorded Superbrand status SOFTWARE: Northgate to list overseas early next year Hyderabad, Aug. 25 Northgate Technologies, which had earlier announced its intent to list overseas, is considering the options of listing either in Nasdaq or in Hong ... VENTURE CAPITAL: Canaan plans 12 deals in telecom space Chennai, Aug. 25 Canaan Partners, a multi-billion dollar global venture capital firm, plans to close 10-12 deals in India in the next three years as part of its latest $650 million fund – Canaan VIII. Nearly 20 per cent of this amount is ... EVENTS: TCS quiz for schools Pune, Aug. 25 Tata Consultancy Services has announced that the 2008 edition of TCS IT Wiz — a tech quiz for schools — will be held in Pune on Tuesday. The Wiz is celebrating its 10th anniversary this year and will be touring 12 ... SOFTWARE: FCS sets up development centre Hyderabad, Aug. 25 Frontline Consulting Services (FCS) has set up its India development centre in Madhapur near here. It plans to induct about 1,000 engineers. ... VENTURE CAPITAL: Basiz Fund gets funding Basiz Fund Services, a Chennai-based knowledge process outsourcing company, has received a $2 million funding from NEA-IndoUS Ventures. It services the investment industry globally through its offerings; primarily NAV support services, financial ... TELECOMMUNICATIONS: R-Com's scheme for SMEs To tap over five lakh small and tiny enterprises in Tamil Nadu, Reliance Communications has launched a `Business Prepaid' scheme. Employees of these business units can have unlimited group calling at a cost of Rs 135 per month. The package would ... SOFTWARE: Cybernet SlashSupport centre Cybernet-SlashSupport (CSS), a Chennai-based provider of technology support, software testing and development, has started a new centre inside the Madras Export Processing Zone at an investment of $4 million. This is CSS’ first expansion ... IT TRAINING: HPCL computer literacy project Hindusthan Petroleum Corporation Limited (HPCL) is taking up a programme to impart computer literacy to schoolchildren in seven schools here as a part of its corporate social responsibility, according to Mr Viziasaradhi, the Director, HRD. He ...
OUTSOURCING: Hello… it’s your call The Government’s move to allow agents of ‘Other Service Providers’ to work from home throws open the ITES employment scene to more people, young and old.. Talk of good news coming down the line! In a move that will, doubtless, ... SECURITY: A classic cyber war? The Russia-Georgia clashes bring cyberspace issues to the fore.. It is again eventful times in cyberspace. It all started earlier this month with the entry of Russian troops into neighbouring Georgia’s South Ossetia, a region not ... INTERVIEW: The transforming BPO landscape Infosys BPO is bullish on growth prospects, never mind the US slowdown.. The last few years have seen the Indian BPO (business process outsourcing) industry ride the offshore wave to its advantage, both in terms of business as well as employment ... OFF-SHORE DEVELOPMENT: Europe beckons With Europe eager more than ever to walk the India path, opportunities to get business out of the continent are growing for Indian IT ... BOOKS: On convergence track The four aspects of software quality are converging into one quality definition.. Four aspects of software quality are converging, and these are business excellence, service excellence, security, and information integrity, say Kamna Malik and ... INTERNET: Lazy again, or lazy still? Till about a year ago, my son would bring his large lego blocks and ask me to build something, usually a train, sometimes a car or an aeroplane. He’d be pretty happy with the results, as I used to spend a long time building whatever he ... CYBER QUEST: Quiz V.V. Ramanan. 1. Which iconic computer celebrated the 10th anniversary of its launch on August ... CARTOON: Cartoon Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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