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Tuesday, December 16, 2008
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INFO-TECH

MERGERS & ACQUISITIONS: HCL Tech completes acquisition of Axon
SAP practice merged with acquired entity to form new division. New Delhi, Dec. 15 HCL Technologies on Monday announced the completion of the £440-million buyout of UK-based Axon Group. HCL has now merged Axon with its own SAP practice, and ...

INTERVIEW: ‘Being the second bidder was part of strategy’
Delhi, Dec. 15 Three months after it emerged as a surprise bidder for SAP consulting company Axon Group, trumping rival Infosys’ offer with its own 650 pence a share bid, HCL Technologies on Monday announced the completion of the ...

OUTSOURCING: Infosys bags AstraZeneca deal
AstraZeneca has awarded Infosys Technologies Ltd a multi-year, multi-million dollar outsourcing deal that covers a wide range of application maintenance services. Infosys will provide application maintenance services to AstraZeneca’s ...

OUTSOURCING: Outsourcing slowdown tells on SEZs
New Delhi, Dec. 15 The slowdown in the IT sector growth rates is having a sobering effect on realty companies as well. This is because the meltdown in the US, and its potential impact on tech hiring outlook for the next year, is looming ...

OUTSOURCING: ‘Consolidation will increase outsourcing’
Hyderabad, Dec. 15 As the financial sector consolidates with mergers and acquisitions during the global economic downturn, outsourcers in India are likely to benefit in the long run, according to management guru Dr C.K. ...

OUTLOOK: HCL Tech to sign $1-b order by Dec
HCL Technologies on Monday said it expects to sign $1 billion worth of orders in the current quarter ending ...

TELECOMMUNICATIONS: Height of innovation
...

SECURITY: HCL Info unveils combo security tools
New Delhi, Dec 15 HCL Infosystems on Monday unveiled its ‘Safe State’ offerings, a combination of hardware, software and technology tools aimed at building a security ...

OUTLOOK: Collabera to focus on expanding reach
Coimbatore, Dec. 15 The global consulting and advisory services industry is undergoing significant transformation and Collabera wants to create a brand with focus on value creation, said Mr Mohan Sekhar, President and Chief Operating ...

MERGERS & ACQUISITIONS: Nettlinx, My Guru merger plan off
Nettlinx Ltd has dropped its plans of merger and amalgamation of My Guru Online Ltd. The Hyderabad-based company will instead invest in the company with the intent of a later takeover and expansion into the education space. Nettlinx has informed ...

NEW BUSINESS: Rajasthan bank partners IBM
IBM has signed a five-year IT outsourcing agreement with Madhav Nagrik Sahakari Bank, a Rajasthan-based cooperative bank. IBM will host and manage the IT infrastructure for the Sirohi-headquartered bank, helping it to focus on expansion plans ...

From eWorld

SOFTWARE: IT’s opening up
Continental Europe is now sending more tech business abroad. An opportune thaw for India.. The hitherto elusive Continental Europe, which has for long been on the radar of Indian IT outsourcers, is gradually warming up to the concepts of ...

SECURITY: Tamper-proof key
NXP Semiconductors on the trends shaping the high-tech car ride.. Compare the ‘Ambi’ (Ambassador car) of yesteryears with the new generation passenger cars of today. While some still swear by the Ambi as being the best car for ...

SECURITY: Don’t let the link snap
Symantec says data loss prevention can keep the business chain going.. Information has become a company’s most valuable — and vulnerable — asset in today’s competitive times. According to the IT Policy Compliance Group, ...

INTERVIEW: ‘Create a risk-aware IT behaviour’
Secude on the fundamental steps to play safe in the physical and cyber worlds.. India, the emerging economic superpower, is waking up to certain hard realities, observes Jagan Nathan Vaman, CEO, Secude Solutions India Private Ltd (
INTERNET: Elusive search
I am in the market for a netbook — one of those small laptop computers that usually have a small screen and a low-speed and power-efficient processor — that I’d like to buy for my ...

NEW PRODUCTS & SERVICES: Netbook for you
...

TELECOMMUNICATIONS: Mobile matters
Checking out what the MobileRediff application offers.. E-mail on your mobile phone isn’t anything very new, for sure. But the recently launched MobileRediff application seeks to make e-mail, news and updates more seamlessly accessible ...

CYBER QUEST: Quiz
V. V. Ramanan. 1. Which new top-level domain, that could attract the interests of telecom entities, was made available on ...

BOOKS: Reform potential of e-governance
What is required is full-hearted effort, not half measures.. In isolated pockets, innovative e-government applications are on, but the real challenge is to achieve a wide-scale impact, says Subhash C. Bhatnagar in one of the essays included in ...






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Markets (Dec 16)
Nifty (at close)3041.75(+60.55)
US Dollar (Buy/Sell)47.81/82
Brent crude (a bbl) Rs2,247
Gold (a gram) Rs1,192
Silver (a kg) Rs17,715


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In Focus
Pravasi Bharatiya Divas, Singapore

More

Other Top Stories
Paper manufacturers pass on benefit of excise duty cuts

Outsourcing slowdown tells on SEZs

Small and medium units get special package from PSBs

Home loan package: Most realtors disappointed

Shriram Transport Finance rides on demand for old trucks in 2009

Vegoil imports rise 30% in Nov on lower global prices

‘Consolidation will increase outsourcing’

HPCL keen on increasing stake in MRPL

Looking back
Dec. 7-Dec. 13
Nokia unveils ‘mobile computer’, aims at Net-savvy

‘Financial sector IT spend may be down up to 20%’

The 30-second password for security

DLF’s IT economic zone denotification ‘a simple one’

Infotech Enterprises gears to tap defence space

Subex upbeat on ‘decent’ figures by Q3

RCom jumps on FCCB buyback, stake sale talk

Consolidation will increase outsourcing, says Prahalad

Brandline



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