Business Daily from THE HINDU group of publications
Tuesday, September 30, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Tuesday, September 30, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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INFO-TECH MERGERS & ACQUISITIONS: Infosys mum on Axon counter offer UK firm now free to amend recommendation of Infosys offer to shareholders. New Delhi/Bangalore, Sept 29 With the 60-hour deadline having lapsed since HCL’s 650 pence a share offer for Axon Group, and Bangalore based Infosys Technologies ... SOFTWARE: Wachovia impact: IT vendors on ‘wait-and-watch’ mode Bangalore/New Delhi, Sept. 29 There’s more trouble brewing for the Indian IT and BPO vendors as Wachovia Corp, the sixth largest bank in the US, becomes the latest victim of the financial turmoil. Citigroup is acquiring Wachovia for ... MERGERS & ACQUISITIONS: Axon offer may strain HCL Tech accounts Domestic IT major could now eye European markets. HCL Technologies’ ambition of expanding its enterprise application services has found expression in its £441 million offer for the Axon Group in the UK. But if the offer goes through, ... SOFTWARE: Nasscom to review export targets in December Does not rule out a marginal downward revision. New Delhi, Sept. 29 Amid a financial crisis in the US, software association Nasscom on Monday said it would undertake a review of the export growth forecast for FY09, in ... PEOPLE: Satyam Computer strategy head quits Mumbai, Sept. 29 Mr Shailesh Shah, the Chief Strategy Officer of the country’s fourth largest software exporter Satyam Computer Services, has put in ... TELECOMMUNICATIONS: Telcos want diesel subsidy to continue New Delhi, Sept. 29 Concerned over the rising cost of operations, telecom companies are demanding that the Government continue the subsidy on diesel for mobile operators. According to industry estimates, cellular operators spend nearly 35 ... E-GOVERNANCE: Gujarat Govt in talks with MAIA Ahmedabad, Sept. 29 The Gujarat government is in talks with business intelligence (BI) reporting solutions company, MAIA Intelligence, in association with Microsoft for implementation of the 1Key Agile BI Suite application in its ... TELECOMMUNICATIONS: Revenue break-up: DoT sets up review panel New Delhi, Sept. 29 In view of the objections raised by the telecom regulator, the Department of Telecom is now rethinking its earlier decision to allow operators to separate their revenues from 2G and 3G services for the purpose of ... NEW PRODUCTS & SERVICES: Agilent set to launch next-gen DNA sequencer Hyderabad, Sept. 29 Agilent Technologies, the $5.4-billion global measurement company, is set to launch the next-generation DNA sequencer by end ... TELECOMMUNICATIONS: Subex bags $50-m BT contract Bangalore, Sept. 29 Subex Ltd, a provider of Operations and Business Support Systems, said on Monday that it has signed with British Telecom a three-year framework contract of about $50 million, to provide products and services related ... OUTLOOK: Integreon to strengthen global presence Coimbatore, Sept. 29 Integreon Managed Solutions, an integrated knowledge process outsourcing company, seeks to become a dominant player in providing middle-office services. It plans to invest in infrastructure, build global locations and ... MERGERS & ACQUISITIONS: MindTree board clears Aztec deal ... PEOPLE: Jerry Rao quits EDS ...
SOFTWARE: ‘Hold up one end for us’ “It is always with the best intentions that the worst work is done.” — ... INTERVIEW: ‘Discretionary IT spends down’ But, given that the European market is relatively under-penetrated, the slowdown may be positive for Indian vendors, says Niteen Tulpule of KPMG.. Niteen Tulpule, Director-Corporate Finance, KPMG, decided to play it safe when eWorld asked him ...
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