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Friday, July 10, 2009
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INFO-TECH

ECONOMIC OFFENCES: Ramalinga Raju to face lie-detector test
DIGGING THE TRUTH. Hyderabad, July 9 Founder and ex-Chairman of Satyam Computer Services Ltd, Mr B. Ramalinga Raju, will finally have to undergo lie-detection and brain-mapping tests in connection with the Rs 7,136-crore Satyam fraud, which he ...

HUMAN RESOURCES: Cognizant beefs up testing business
Manpower increased by ten times in 4 years. Chennai, July 9 Cognizant Technology Solutions has increased its employee strength in software testing practice by ten times to around 9,000 people in the last four years. Nearly 75 per cent of the ...

TELECOMMUNICATIONS: Idea Cellular rolls out GSM services in Chennai
Rs 1,000-cr investment for services, marketing in State. Chennai, July 9 Idea Cellular on Thursday launched its GSM services in ...

BUDGET: IT expenditure boost will help domestic industry
The Budget has been promising, with a pragmatic approach in terms of taxation and some measure of economic stimulus. There has been a lack of big announcements in terms of disinvestments by the Government, increase of FDI etc. However, there ...

SOFTWARE: New course on healthcare informatics in Pune
Looking at the need of skilled professionals in the health care industry, the Pune-based Centre for Development of Advanced Computing (CDAC), under the aegis of its Advanced Computing Training School (ACTS), has launched a new course ...

PEOPLE: Nilekani bids adieu to Infosys
Bangalore July 9 The dark overcast Bangalore sky opened up in a burst of shower on Thursday evening adding a touch of divine blessings to an emotionally charged event at the Infosys Campus as the company bid farewell to one of its founder ...

IT TRAINING: Toonz inks pact with TN varsity
Anna University-Coimbatore to recognise Toonz courses. Toonz Academy, the animation training company of the Toonz Group, and Anna University-Coimbatore have signed an agreement to work together on a number of ...

TELECOMMUNICATIONS: Tata Docomo services launched in Karnataka
Bangalore July 9 Tata Teleservices Ltd launched its GSM (global system for mobile communication) services brand Tata Docomo in Karnataka on Thursday and expects to cover the entire South India next ...

HARDWARE: Moser Baer halts production processes at solar panel plant
Consolidated losses widen as downturn hurts. New Delhi, July 9 Moser Baer said on Thursday that certain production processes in its solar Photovoltaic plant at Greater Noida, have been temporarily shut down, due to inventory build-up. Mr Yogesh ...

IT TRAINING: JNTU in tie-up with IACG to offer multimedia courses
Jawaharlal Nehru Technological University (JNTU) and International Academy of Computer Graphics (IACG) signed a memorandum of understanding for offering courses ...

OVERSEAS INVESTMENTS: Aegis acquires S. African BPO co
Mumbai, July 9 Essar Group-owned Aegis Ltd, a business process outsourcing (BPO) provider, has announced the acquisition of South Africa-based CCN Group PTY Ltd for around Rs ...

ALLIANCES & JOINT VENTURES: Mahindra Satyam signs deal with GlaxoSmithKline
Will provide SAP, systems support to global pharma major. Hyderabad, July 9 Mahindra Satyam has signed a 5-year multi-million dollar SAP contract with the global pharma major ...

INTERNET: Dish TV ties up with job search portal Monster.com
New Delhi, July 9 Direct-to-home player Dish TV has tied up with job search portal Monster.com to allow its consumers to browse through job ...

MERGERS & ACQUISITIONS: EXL keen on growth via acquisition route
New Delhi, July 9 A day after it acquired Schneider Logistics’ business process services operations in the Czech Republic for nearly $5 million, ExlService Holdings said it is still looking out for more ...

OUTLOOK: AP expects Rs 16,000-cr investment in IT sector
Despite recessionary trends, the Andhra Pradesh Government is bullish on investments in the IT& ITES sectors in the ...

OUTLOOK: `High tech spend by emerging markets'
...

SOFTWARE: Cordys' cloud computing tool
...

TELECOMMUNICATIONS: AirTel SMS offer
...

From eWorld

HUMAN RESOURCES: On a roll
Slowdown or not, it looks like salary increment just below the top level of the tech sector are just what the doc ordered for depressed souls.. Indian IT employees have long been associated with long working hours, stressful deadlines and high ...

INTERVIEW: ‘Xchanges’ with India
British BPO company talks of its expansion plans.. British BPO firm Xchanging plc, which holds more than 75 per cent stake in the Bangalore-based Cambridge Solutions Ltd, has big plans for the Indian market. Over the next three years, the ...

OUTSOURCING: Outsource your tech shopping
Start-up offers outsourcing in a new avatar.. Recently, when a library chain in Bangalore wanted to build an IT platform, it decided to try a new recipe.It was neither interested in investing in an in-house IT team, nor was it keen to outsource ...

INTERNET: Caught in the crossfire
If you think the world is a peaceful place (except for some hotspots), you are wrong. There is a major war in progress and it will go on as long as the world exists. I am talking about ...

INTERVIEW: Telecom wants positive tone
Industry hopes Government will take its call in Budget.. As the telecom sector has been growing at a fast pace and has significantly contributed to the economic growth and development of the country, it should be given equal importance and ...

INTERVIEW: Make SEZ scheme attractive
Expert suggestions to draw long-term investments.. There is urgent need for the Government to announce an extension of the tax holiday for the IT sector under the Income Tax Act, 1961 beyond March 31, 2010. However, to help in mitigating the ...

INTERVIEW: IT industry awaits a ‘holiday’ Budget
Some worries need to be taken care of too, stresses senior tax professional.. The US’ stand on tax breaks for firms outsourcing jobs to overseas destinations, and the competition to Indian IT-ITES (information technology enabled services) ...

OUTSOURCING: `BPO will lead IT recovery'
iGate on the unfolding trends in the economic turmoil and its aftermath.. The BPO industry which, for long, was seen as the poorer cousin to the IT services industry, may be leading recovery from the recent economic slump. This stems from ...

WEBSITE REVIEW: Find your job
Tarun Matta founded iimjobs.com because he felt big job portals do not address the needs of MBAs from premier business schools. “Most MBA graduates get job leads through their social/professional networks or through alumni mailing lists. ...

INTERVIEW: The ‘holiday’ debate
It’s time for a paradigm shift on this question concerning tech companies, says expert.. It is time for a paradigm shift on the debate about tax holidays for IT (information technology) companies, says Abhishek Goenka, Partner and Leader ...

NEW PRODUCTS & SERVICES: Fast connection
Netgear has come out with its WNR3500 RangeMax Wireless-N Gigabit Router, offering “blistering wireless speeds and improved range for connecting to the Internet.” It allows the user to surf, e-mail, stream HD video, play online ...

CYBER QUEST: Quiz
1. The second T-Mobile Google Android device, after the G1, ...

CARTOON: Cartoon
...






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Markets (July 09)
Nifty (at close)4,080.95 (+ 2.05)
US Dollar (Buy/Sell)48.73/74
Brent crude (a bbl) Rs3,000
Gold (a gram) Rs1,352
Silver (a kg) Rs22,410


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In Focus
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Mandate 2009

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Rain check for the Budget party

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Looking back
Jun. 28-Jul. 4
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3G spectrum must be freely tradable: Survey

‘Placements tough for new graduates’



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