INFO-TECH
BUYBACK
Carol Info Services announces buyback
Carol Info Services Ltd has announced its decision to buyback its fully paid-up equity shares of face value of Rs 10 each from its existing shareholders. The buyback will be done via the open market at a price not exceeding Rs 40 per equity ...
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CORPORATE DISPUTES
Reliance files 3 appeals against BSNL, MTNL
The Anil Ambani-promoted Reliance Communications on Thursday filed three petitions against state-owned BSNL and MTNL in the Telecom Dispute Settlement Appellate Tribunal (TDSAT) against rentals charged for points of interconnection and recovery ...
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STORAGE
Emulex development centre
Storage firm Emulex Communications has set up a development centre in the city. The new research and development centre is the only one located outside the US. The 14,000 square foot research and development facility allows ...
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OUTSOURCING
`Indian IT industry can create 5 million jobs'
To achieve this India needs to tackle its biggest challenge of ensuring steady flow of employable workforce.
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AWARDS & HONOURS
3i Info wins award
3i Infotech Asia Pacific has won the "Service Provider of the Year" Award at the 10th Asia Insurance Industry Awards ceremony. 3i InfoTech was chosen for Service Oriented Architecture (SOA) that uses the latest web-based technologies to ensure ...
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TELECOMMUNICATIONS
MTNL withdraws application for ILD licence
MTNL has withdrawn its application to the Department of Telecom (DoT) seeking an international long-distance (ILD) licence on grounds that the existing market did not offer much business opportunities. The move comes at a time when ...
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Govt plans to earmark 2.5 Ghz for Wi-Max
Move will put 3G plans in jeopardy, says COAI
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TAXATION
International roaming to attract service tax
The Finance Ministry wants to make it clear that domestic telecom operators would have to fork out service tax on the international roaming services provided by them to people coming in from abroad. It has said that revenues from such services ...
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SOFTWARE
Business Objects' new R &D centre
Business Objects (BO), provider of business intelligence solutions, on Friday announced the launch of a new research and development (R&D) centre in Bangalore. The centre will focus on global product development and will work ...
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INTERNET
Maruti loses case on domain name
May not reply if US citizen files motion for summary judgment
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BUSY IN THE BUS
Dax Networks plans wireless highway
We have conceptualised this project keeping in mind the software professional who boards the office cab/bus with a laptop and has a one-hour journey ahead to the campus located in the outskirts
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IT TRAINING
Aptech's fee benefit offer
Mr C.Y. Pal, non-executive independent director of Aptech Ltd, has been designated Vice-Chairman of the company from September 14. Meanwhile, Aptech has announced Fee Benefit Offer for students going for the Power Packed ...
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HUMAN RESOURCES
Keane to scale up operations in India
Plans to recruit 7,000 people over next two to three years
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Need to address wage inflation in sector: TCS
To step up recruitment abroad
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MERGERS & ACQUISITIONS
Calsoft to buy majority stake in Inatech
California Software Co Ltd (Calsoft) on Thursday announced the signing of a letter of intent to acquire majority stake in Inatech Solutions UK and Inatech InfoSolutions India. Mr S. Santhosh, Managing Director and Chief Executive Officer, ...
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ENTERPRISE RESOURCE PLANNING
Kenexa to launch e-HCM
Kenexa is set to launch an enterprise resource planning (ERP) system for human resource management. The company claimed that e-HCM could bring in a significant change in the way enterprises manage their most valuable assets ...
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M-COMMERCE
@Road second centre in Chennai
The US-based @Road expanded its presence in Chennai by inaugurating a new centre at Tidel Park. The second centre in the city for the company, which provides Mobile Resource Management solutions, has a capacity to seat about 400 ...
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SECURITY
Cisco programmes for partners
Cisco Systems unveiled the Master Security Specialisation, a specialisation for its channel partners. Cisco channel partners can achieve the Master Security Specialisation for proven and sophisticated security expertise in the ...
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VENTURE CAPITAL
Silicon Valley VCs on hunt for start-ups
Armed with $1-b chest, eye new areas
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IDG Ventures sets up $150-m India fund
To invest between $0.5- $5 m in early-stage tech cos
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OUTLOOK
Mastek to expand in Chennai
Mastek Ltd, a Mumbai-based software solutions company, will invest Rs 300 crore over the next five years in developing Chennai operations, according to Mr K. Nagarajan, Head of Operations - Chennai, Mastek. The company had announced plans last ...
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Reliance seeks spectrum for 3G trials
Reliance Communications has sought permission from the Department of Telecom for conducting trials for 3G services. Reliance Communications has applied for 3G spectrum in seven circles — Orissa, West Bengal, Kolkata, Madhya Pradesh, North ...
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