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Tata Teleservices to buy 50.83 pc in Hughes Tele
THE Tata group continues its acquisition spree in the telecom space, with its basic services company Tata Teleservices today announcing its decision to buy a controlling stake in Hughes Tele.com (India) Ltd, basic services operator in the ... More

C-DoT to set up training centre in Kolkata soon
THE Centre for Development of Telematics (C-DoT) will soon set up a telecom engineering and IT training centre in Kolkata. The Union Ministry of Communications & Information Technology has cleared a proposal in this regard. Stating this ... More

Kolkata to get DIAS service
BHARAT Sanchar Nigam Ltd's (BSNL), Calcutta Telephones, is all set to introduce the DIAS (Direct Internet Access System) service by the end of July. The service will enable customers to speak on the telephone and access the Internet ... More

No cell talk at petrol bunks
THE Government has decided that cellular phones should be switched off at retail outlets selling petrol and diesel. The decision has been taken since cell phones represent a potential ignition source to the flammable vapours, which may be ... More

Wrong number for VSNL
VIDESH Sanchar Nigam Ltd, which has agreements with the troubled US telecom company WorldCom, could face payment difficulties. Officials close to the company said it was too early to say how much the damage could be, but they ventured to say it ... More

SOFTWARE

Mascot bags $2.5 m contract
MASCOT Systems has entered into a $2.5 million contract with an international corporation, said a press release. The company has won the fixed priced contract to manage the client's business critical IT applications for its leasing ... More

Silverline proposal

MERGERS & ACQUISITIONS

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Subex shareholders okay acquisition cost write-off
SHAREHOLDERS of Subex Systems Ltd at an extraordinary general meeting (EGM) today approved the resolution to write off the cost expended in acquisition of two software products from Magardi Inc, Canada and related expenses, and the issue of ... More

NEW PROJECTS

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Work on Wipro Kolkata centre to begin in Sept
WORK on Wipro Ltd's proposed software development facility here is slated to take off in September this year. The Rs 50-crore project will be commissioned within the next 15 months. Giving newspersons this information after addressing members ... More

OUTLOOK

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$57-b exports by 2008 achievable: Premji
THE National Association of Software and Services Companies (Nasscom)-McKinsey 2002 report projection of $57 billion in IT exports by 2008 is achievable, according to the Wipro Chairman, Mr Azim Premji. During a question and answer session ... More

Knowledge management market to increase five-fold: IDC
THE Indian market for knowledge management (KM) is expected to increase five-fold to Rs 152.7 crore by 2004-05, from Rs 27.7 crore in 2001-02 — a CAGR of 75.6 per cent, says an IDC India report. The composition of two major components - ... More

Wind River upbeat on 25 pc growth in India
WIND River Systems Inc, a global provider of embedded software tools and services, is expecting a 25 per cent growth in India for the current calendar year. It expected revenues upward $5 million from the Indian market as against $4 million in ... More

TRENDS

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War bug `bytes' IT organisations?
Against the threat of war and terrorism, there is a `perception' that India will no longer be a safe destination for offshore outsourcing. What should the Indian vendors do to come out of this turmoil? India has reasonable levels of infrastructure, t elecom, expertise, experience, capabilities and quality initiatives. Now is the time to reinforce this and capture the market. More

Sharp drop in H1B visas issued from Chennai
When the IT sector was in a boom, the H1B visa was mostly issued to software professionals. However, following the IT industry downturn, software companies gradually reduced sending professionals to the US. More

NEW PRODUCTS & SERVICES

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TI develops processor for cameras
TEXAS Instruments (India) Pvt Ltd has said that it has developed an analog front-end signal processor (named as VSP1221) for digital still and video camera applications. This processor was developed completely at TI's India R&D centre at ... More

ICICI Infotech ERP package for sugar units
ICICI Infotech announced the first sale of its ERP package, Orion@Sugars, for mid-sized sugar companies to Sri Chamundeshwari Sugar. It also announced the launch of a new version, Orion 9 i, a fully-Web-enabled product that can integrate with ... More

Integrated Hitech unveils easitax
THE city-based Integrated Hitech Ltd has launched an income tax (I-T) return preparation software application — easitax 4.0 and also a Web-enabled version `easitax 4i'. The software application, targeted at individual taxpayers and ... More

Sasken unveils `partner program'
Sasken plans to ally with technology developers, marketing enterprises and educational institutions for developing applications for its recently developed platform — Aparate. More

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$57-b exports by 2008 achievable: Premji

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