INFO-TECH
OVERSEAS BORROWINGS
Sql Star to raise funds
Sql Star International Ltd has informed BSE that a meeting of the company's board of directors will be held on January 23 to consider raising about $15 million and discuss a proposal to acquire a US-based IT staffing ...
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INFRASTRUCTURE
Kharadi SEZ in Pune goes online
Kharadi, in Pune has become the first SEZ (special economic zone) to go online. VSNL (Videsh Sanchar Nigam Ltd) is the first entrant into the SEZ. According to Mr Atul Chordia, Managing Director, Panchshil Realty, states that it is the first ...
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SOFTWARE
IBS to develop tools for carbon credits
Emissions from aviation are increasing with air travel becoming cheaper, without its environmental costs being addressed.
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Business-centric designs `improve' efficiency
Usability now comes in two flavours: user centric and business centric approaches to making life simpler. While consumer product manufacturers have been discussing the former over coffee tables for years now, the business process-centric design ...
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SumTotal unveils new software
SumTotal Systems released SumTotal Enterprise Suite 7.5 software that delivers and manages training for not only employees but also a wide range of audiences beyond an employer's staff. Highlights of SumTotal 7.5 include a ...
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Subex renames solutions suite
Subex Azure Ltd on Monday unveiled a new identity for its integrated suite of software solutions. It has named the suite Rocware. The six solutions that form the Rocware suite have been re-branded to reinforce the global nature ...
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MERGERS & ACQUISITIONS
Vodafone starts due diligence of Hutch
Even as the UK-based Vodafone started its due diligence of Hutchison Essar Ltd, there were conflicting reports on almost every other contender for the wireless company. Vodafone officials who are in the country, stationed in both New Delhi and ...
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Firstsource buys BPM
Firstsource Solutions Ltd (earlier ICICI OneSource) has acquired BPM Inc, a Delaware-based healthcare claims outsourcing company in the US, for an undisclosed sum. The acquisition includes BPM Inc's two wholly owned operating subsidiaries, ...
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An FAQ on the ongoing telecom tussle
One fine morning, not long ago, Hutchison Telecommunications International Ltd (HTIL) announced its intention to exit the Indian telecom scene. This was to happen by selling the 67 per cent stake that HTIL and its associates hold in Hutchison ...
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ALLIANCES & JOINT VENTURES
Synaptris ties up with Twiceware
Synaptris, the software products company of the Cybernet Software Systems Group, has tied up with Chennai-based Twiceware Infinite Solutions to market its reporting and operational business intelligence products, according to a press release. ...
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Infosys BPO, HVS Intl in pact
Infosys BPO and HVS International have announced a strategic alliance to offer outsourcing solutions to the hospitality industry. The New York-based HVS International offers consultancy in valuation and other services to the ...
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OFF-SHORE DEVELOPMENT
Thomson Corp opens second centre in India
Thomson Corporation, the $8.52 billion information services company, has set up a Global Services Delivery Centre (GSDC) in Hyderabad, the second in India, after Bangalore. It will have 50 employees to begin with. By the end of 2009, plans are to ...
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ADP to launch Pune facility
ADP Private Ltd, the Indian subsidiary of the $9-billion US-based Fortune 500 company, Automatic Data Processing, Inc (ADP), today announced plans to launch operations in Pune by February. The Pune facility is aimed at supporting ADP's ...
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EVENTS
Nasscom animation meet tomorrow
The National Association of Software and Services Companies (Nasscom), which is hosting Animation and Gaming India 2007 meet here on January 10-11, will release a study on the promise and potential of the sector. The two-day event has been ...
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OUTLOOK
VLSI meet to focus on chip design challenges
Our digital lifestyle will drive the need for chip designers in the country. And it is this talent that we continue to lack, regretted Mr Wim Roelandts, CEO, Xilix Inc, at the inauguration of the 20th edition of VLSI conference here. Triple ...
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Hardware policy key to industry growth: ESC
Duty relief for components sought
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